Market Risk Assessment Specialist

4 weeks ago


Toronto, Ontario, Canada BMO Financial Group Full time

Company Overview

BMO Financial Group is an organization committed to a shared Purpose: Boldly Grow the Good in business and life. We encourage our team members to create lasting, positive change for our customers, communities, and each other. Through collaboration, innovation, and pushing boundaries, BMO transforms lives and businesses, driving economic growth globally.

As a contract professional with BMO, you are recognized, valued, and heard, with numerous opportunities for personal and professional growth. We aim to empower you to make an impact from the outset – for yourself and for BMO's clientele.

Job Description

BMO is actively seeking a Market Risk Analyst for a 6-month contract.

The group is responsible for delivering precise and comprehensive market risk assessments while upholding operational processes and protocols. This role is crucial in supporting an efficient Market Risk management function, ensuring accurate data handling, reconciliations, analysis, and reporting for both internal and external stakeholders, including regulatory authorities.

Key Responsibilities:

This position will facilitate the complete process of market risk analytics and reporting, ensuring timely, accurate, and thorough market risk measurements.
- Organizes and executes tasks to deliver timely, precise, and efficient scheduled and ad hoc processes. Aids in maintaining operational procedures and processes related to team mandates and functionalities.
- Assists in the monitoring, maintenance, and evaluation of key Market Risk indicators, data, and attributes, including trading limits, daily P&L backtesting, and associated investigations.
- Analyzes and communicates the factors and trends affecting the market risk profile of each business line.
- Ensures robust governance and effective controls across activities and information in alignment with team, departmental, enterprise, and regulatory standards. Provides information and supports internal and external audit processes.
- Additional responsibilities may be assigned as necessary.

Qualifications:

- Market Risk Calculations: 2 years (Required)
- Excel and VBA: 2 years (Required)
- Capital Markets Knowledge: 1 year (Required)
- Data Analysis (SQL): 2 years (Required)
- Python: 1 year (Desired)

Education/Certifications:

- Undergraduate Degree in a Related Field
- CFM/FRM Designation (Desired)

BMO is dedicated to fostering an inclusive, equitable, and accessible workplace. By learning from our diverse perspectives, we strengthen our organization. Accommodations are available upon request for candidates participating in all aspects of the selection process.

About the BMO Contractor Talent Network

This contract opportunity with BMO has been posted by Procom, BMO's recruitment service partner supporting the BMO Contractor Talent Network.
Should you be selected for this contract engagement, Procom will serve as the employer of record or the agency of record for your contract engagement.



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