Risk Modeling and Analytics Specialist

4 weeks ago


Toronto, Ontario, Canada BMO Full time

Job Summary

We are seeking a highly skilled Risk Modeling and Analytics Specialist to join our team at BMO. In this role, you will be responsible for applying mathematical and statistical methods to financial and risk management problems, conducting research, and creating tools that use data to develop scenario-based planning and implement complex mathematical models to help the business make better financial and financial decisions.

Key Responsibilities

  • Develop pricing and quantitative risk models for an assigned portfolio, including fixed income, corporate credit, and loans.
  • Monitor risk in strategies and portfolios alongside project managers or functional leads.
  • Conduct research and develop tools that use data to make better financial decisions, such as investments, pricing, etc.
  • Apply knowledge of risk assessment and controls, along with extensive understanding of industry compliance standards and regulations.
  • Identify ways of mitigating potential risks and recommend solutions based on analysis of issues and implications for the business.
  • Document data flow, systems, and processes to improve the design, implementation, and management of business/group processes.
  • Conduct quantitative research in risks across strategies and portfolios.
  • Exercise judgment to identify, diagnose, and solve problems within given rules.
  • Work independently on a range of complex tasks, which may include unique situations.

Qualifications

  • Foundational level of proficiency: regulatory capital and stress testing, CECL & IFRS9, compliance and regulation, machine learning, learning agility, systems thinking, model risk management, data visualization, data wrangling, data preprocessing, critical thinking, driving results.
  • Intermediate level of proficiency: quantitative financial modeling, SAS, Python, computational thinking and programming, verbal and written communication skills, collaboration and team skills, analytical and problem-solving skills, data-driven decision making.

What We Offer

BMO is committed to an inclusive, equitable, and accessible workplace. We strive to help our employees grow and make an impact, with tools, resources, and opportunities for training and coaching. Our total compensation package includes performance-based incentives, discretionary bonuses, and other perks and rewards.

About BMO

BMO Financial Group is a Canadian financial institution with a shared purpose to boldly grow the good in business and life. We transform lives and businesses, and power economic growth around the world.



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