Senior Analyst/Manager

1 month ago

Toronto, Canada BMO Full time
Application Deadline:

05/30/2024

Address:
100 King Street West

Supports the research and development of stress testing and scenario analysis methodologies and related strategies in support of the management of risks arising from changes in the market and external environment for business/group portfolios and products. Applies knowledge of analytics algorithms and technologies to develop models, methodologies and supplementary stress testing tools and infrastructures that assess the impact of a stress on risk capital and ensure risks are properly identified, understood and risk related strategies are enabled. Summarizes statistical findings, draws business conclusions, and presents actionable business recommendations used in the management of risks and related activities e.g. defining tolerance for adverse outcomes, capital modelling, assess capital and liquidity, recovery actions, portfolio and risk management strategies and tactics.
  • Fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behaviours in all that they do.
  • Ensures alignment between values and behaviour that fosters diversity and inclusion.
  • Regularly connects work to BMO's purpose, sets inspirational goals, defines clear expected outcomes, and ensures clear accountability for follow through.
  • Builds interdependent teams that collaborate across functional and operating groups to create the highest value for all stakeholders.
  • Attracts, retains, and enables the career development of top talent.
  • Improves team performance, recognizes and rewards performance, coaches employees, supports their development, and manages poor performance.
  • Acts as a trusted advisor to assigned business/group.
  • Influences and negotiates to achieve business objectives.
  • Recommends and implements solutions based on analysis of issues and implications for the business.
  • Assists in the development of strategic plans.
  • Identifies emerging issues and trends to inform decision-making.
  • Researches existing or emerging requirements & related best practices to assist and develops recommendations for changes/enhancements.
  • Assists with the interpretation of new or changing regulations and assessing impacts to the governance frameworks.
  • Helps determine business priorities and best sequence for execution of business/group strategy.
  • Conducts independent analysis and assessment to resolve strategic issues.
  • Leads the development and maintenance of stress testing and scenario analysis methodologies and frameworks.
  • Ensures alignment between stakeholders.
  • Represents the stress testing and scenario analysis function during internal/external regulatory audits and/or examinations.
  • Coordinates the management of databases; ensures alignment and integration of data in adherence with data governance standards.
  • Builds change management plans of varying scope and type; leads or participates in a variety of change management activities including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives.
  • Leads or participates in defining the communication plan designed to positively influence or change behaviour; develops tailored messaging; and identifies appropriate distribution channels.
  • Leads and integrates the monitoring, measurement & reporting on the status of the stress testing and scenario analysis program to internal & external stakeholders.
  • May provide specialized support for other internal and external regulatory requirements.
  • Provides input into the planning and implementation of ongoing operational programs in support of the stress testing and scenario analysis framework.
  • Leads/participates in the design, implementation and management of core business/group processes.
  • Works with stakeholders to identify the business requirements, understand the distinct problems, and the expected outcomes; models and frames business scenarios which impact critical business processes and/or decisions.
  • Administers and evaluates changes to stress scenarios and / or model parameters in response to changes in the market and the external environment.
  • Identifies where corrective actions are required and escalates per guidelines; ensures corrective action is taken as necessary.
  • Works with various data owners to discover and select available data sources from internal sources and external vendors (e.g. lending system, payment system, external credit rating system) to fulfill analytical needs.
  • Consults with stakeholders to improve consistency and transparency of risk measurement, metrics and reporting.
  • Develops and maintains in-depth knowledge of business and related risk management requirements and legislative/ regulatory directives and guidance.
  • Supports the management of governance meetings (e.g. committee, management, board meetings, etc.) as required; facilitates development and approval of agendas, gathering and distribution of documentation related to agendas, and creation of meeting minutes/output.
  • Builds effective relationships with internal/external stakeholders.
  • Ensures alignment between stakeholders.
  • Analyzes data and information to provide insights and recommendations
  • Monitors and tracks performance; addresses any issues.
  • Leads/participates in the design, implementation and management of core business/group processes.
  • Focus is primarily on business/group within BMO; may have broader, enterprise-wide focus.
  • Provides specialized consulting, analytical and technical support.
  • Exercises judgment to identify, diagnose, and solve problems within given rules.
  • Works independently and regularly handles non-routine situations.
  • Broader work or accountabilities may be assigned as needed.

    Qualifications:
  • Typically between 5 - 7 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
  • In-depth knowledge and understanding of stress testing and scenario analysis methodologies and frameworks.
  • Proficiency in statistical/numerical software.
  • In-depth experience in quantitative risk modeling, calculation of Regulatory and Economic Capital.
  • Deep knowledge and technical proficiency gained through extensive education and business experience.
  • Verbal & written communication skills - In-depth.
  • Collaboration & team skills - In-depth.
  • Analytical and problem solving skills - In-depth.
  • Influence skills - In-depth.
  • Data driven decision making - In-depth.

Grade:
7
Job Category:
People Manager / Gestionnaire
We're here to help

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one - for yourself and our customers. We'll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we'll help you gain valuable experience, and broaden your skillset.

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other's differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

  • Senior Risk Analyst

    1 month ago

    Toronto, Canada CB Canada Full time

    Senior Risk AnalystOn behalf of our client in the Banking Sector, PROCOM is looking for a Senior Risk Analyst.Senior Risk Analyst – Job DescriptionDifferent every day, enhance regulatory compliance management, ensuring team is becoming subject matter experts across all jurisdictions, identifying noncompliance, and getting action plansWorking with the team...

  • Change Management, Senior Analyst

    1 month ago

    Toronto, Canada Interac Corp. Full time

    Change Management, Senior Analyst At Interac, we design and deliver products and solutions that give Canadians control over their money so they can get more out of life. But that’s not all. Whether we’re leading real-time money movement, driving innovative commerce solutions like open payments for transit systems, or making advancements in new areas...

  • Senior Business Analyst

    4 weeks ago

    Toronto, Canada First Derivative Full time

    We are hiring a Senior Business Analyst to join the team based in Toronto. The Senior Business Analyst will work with our clients in the Capital Markets space.You should be dynamic and nimble, a self-starter with experience working in an agile environment as well as leverage your excellent development, communication, and organizational skills.The role will...

  • Senior Business Analyst

    4 weeks ago

    Toronto, Canada First Derivative Full time

    We are hiring a Senior Business Analyst to join the team based in Toronto. The Senior Business Analyst will work with our clients in the Capital Markets space.You should be dynamic and nimble, a self-starter with experience working in an agile environment as well as leverage your excellent development, communication, and organizational skills.The role will...

  • Senior Business Analyst

    4 weeks ago

    Toronto, Canada First Derivative Full time

    We are hiring a Senior Business Analyst to join the team based in Toronto. The Senior Business Analyst will work with our clients in the Capital Markets space. You should be dynamic and nimble, a self-starter with experience working in an agile environment as well as leverage your excellent development, communication, and organizational skills. The role...

  • Senior Business Analyst

    4 weeks ago

    Toronto, Canada First Derivative Full time

    We are hiring a Senior Business Analyst to join the team based in Toronto. The Senior Business Analyst will work with our clients in the Capital Markets space. You should be dynamic and nimble, a self-starter with experience working in an agile environment as well as leverage your excellent development, communication, and organizational skills. The role...

  • Senior Business Analyst

    4 weeks ago

    Toronto, Canada First Derivative Full time

    We are hiring a Senior Business Analyst to join the team based in Toronto. The Senior Business Analyst will work with our clients in the Capital Markets space. You should be dynamic and nimble, a self-starter with experience working in an agile environment as well as leverage your excellent development, communication, and organizational skills. The role...

  • Senior Research Analyst

    2 weeks ago

    Toronto, Canada Adecco Full time

    Senior Research Analyst Adecco is currently recruiting for a Senior Research Analyst for 9 months hybrid contract with a possibility of extension. This role is with our client in Ottawa, ON. The Senior Research Analyst will have the following responsibilities: Methodology includes interviews and a survey with representative service providers from...

  • Senior Research Analyst

    2 weeks ago

    Toronto, Canada Adecco Full time

    Senior Research Analyst Adecco is currently recruiting for a Senior Research Analyst for 9 months hybrid contract with a possibility of extension. This role is with our client in Ottawa, ON. The Senior Research Analyst will have the following responsibilities: Methodology includes interviews and a survey with representative service providers from...

  • Senior Research Analyst

    2 weeks ago

    Toronto, Canada Adecco Full time

    Senior Research Analyst Adecco is currently recruiting for a Senior Research Analyst for 9 months hybrid contract with a possibility of extension. This role is with our client in Ottawa, ON. The Senior Research Analyst will have the following responsibilities: Methodology includes interviews and a survey with representative service providers from...

  • Compensation Analyst

    1 day ago

    Toronto, Canada Amica Senior Lifestyles Full time

    Job Description: **About Us** At Amica we are united in our purpose to provide the best care in Senior Living in a supportive environment. We are setting a new standard for senior living in Canada by combining unparalleled premium hospitality and amenities with expert care and support to deliver a personalized senior living experience. We are committed to...

  • Senior Business Analyst

    4 weeks ago

    Toronto, Canada First Derivative Full time

    We are hiring a Senior Business Analyst to join the team based in Toronto. The Senior Business Analyst will work with our clients in the Capital Markets space.You should be dynamic and nimble, a self-starter with experience working in an agile environment as well as leverage your excellent development, communication, and organizational skills. The role will...

  • Senior Business Analyst

    4 days ago

    Toronto, Canada First Derivative Full time

    We are hiring a Senior Business Analyst to join the team based in Toronto. The Senior Business Analyst will work with our clients in the Capital Markets space.You should be dynamic and nimble, a self-starter with experience working in an agile environment as well as leverage your excellent development, communication, and organizational skills.The role will...

  • Senior Business Analyst

    4 weeks ago

    Toronto, Canada First Derivative Full time

    We are hiring a Senior Business Analyst to join the team based in Toronto. The Senior Business Analyst will work with our clients in the Capital Markets space.You should be dynamic and nimble, a self-starter with experience working in an agile environment as well as leverage your excellent development, communication, and organizational skills.The role will...

  • Senior Business Analyst

    4 weeks ago

    Toronto, Canada First Derivative Full time

    We are hiring a Senior Business Analyst to join the team based in Toronto. The Senior Business Analyst will work with our clients in the Capital Markets space. You should be dynamic and nimble, a self-starter with experience working in an agile environment as well as leverage your excellent development, communication, and organizational skills. The role will...

  • Senior Business Analyst

    4 weeks ago

    Toronto, Canada First Derivative Full time

    We are hiring a Senior Business Analyst to join the team based in Toronto. The Senior Business Analyst will work with our clients in the Capital Markets space.You should be dynamic and nimble, a self-starter with experience working in an agile environment as well as leverage your excellent development, communication, and organizational skills.The role will...

  • Senior Business Analyst

    1 month ago

    Toronto, Canada CB Canada Full time

    Senior Business Analyst On behalf of our client in the Healthcare Sector, PROCOM is looking for a Senior Business Analyst. Senior Business Analyst – Job Description Work with different stakeholders and subject matter experts from different backgrounds (clinical, business, technical) Interacts with the business stakeholders and subject matter experts in...

  • Senior Quantitative Analyst

    2 weeks ago

    Toronto, Canada Hillsdale Investment Management Inc. Full time

    SENIOR QUANTITATIVE ANALYST/ QUANTITATIVE ANALYST Hillsdale Investment Management Inc. (Hillsdale) is an independent, employee-controlled, and client-aligned investment boutique managing investments on behalf of a select group of sophisticated institutional and private wealth investors. We engage

  • Senior Analyst, Investor Relations

    1 hour ago

    Toronto, Canada Scotiabank Full time

    Is this role right for you? In this role, you will work on: Quarter-End and Year-End Reporting Deliverables Quarter-end reporting is a key component of the Investor Relations communication strategy. It is considered a major information source for institutional buy and sell side professionals, as well as for retail investors. The Senior Analyst...

  • Senior Business System Analyst

    3 days ago

    Toronto, Canada Apex Systems Full time

    Senior Business Systems Analyst (Asset Management) Apex Systems is a global IT services provider and our staffing practice has an opening for a Senior Business Systems Analyst with domain experience in Asset Management, working with business Product Owner and Technology stakeholders to define techn