Senior Manager, Securitization and Wholesale Credit Methodology
3 weeks ago
Job Summary:
BMO seeks a seasoned Senior Manager, Securitization and Wholesale Credit Methodology to lead the development and enhancement of complex credit risk models. The ideal candidate will have a strong background in credit risk model development and a passion for securitization. This role will play a crucial role in shaping the credit risk models that quantify and manage the risks associated with BMO's corporate customers.
Responsibilities:
The Senior Manager, Securitization and Wholesale Credit Methodology will be responsible for:
- Developing and enhancing complex credit risk models to align with regulatory requirements
- Collaborating with cross-functional teams to adapt models to new business environments
- Ensuring models withstand scrutiny from internal and external stakeholders
- Staying up-to-date with industry compliance standards and regulations
- Providing expert guidance on risk assessment and controls
- Identifying ways to mitigate potential risks and recommending solutions
- Documenting data flow, systems, and processes to improve business processes
- Conducting quantitative research in risks across strategies and portfolios
- Fostering a culture aligned to BMO's purpose, values, and strategy
Requirements:
The ideal candidate will have:
- 7+ years of relevant experience in credit risk model development and securitization
- Advanced level of proficiency in model risk management, data visualization, and data wrangling
- Strong analytical and problem-solving skills
- Excellent verbal and written communication skills
- Able to manage ambiguity and drive results
- Typically post-secondary degree in a related field of study or an equivalent combination of education and experience
About BMO:
BMO is a leading financial institution committed to an inclusive, equitable, and accessible workplace. We strive to help our employees grow and make an impact, while transforming lives and businesses around the world.
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