Manager, Integrated Risk Insights, Risk Appetite & Portfolio Management

Address:

About Us: Join our dynamic team in Integrated Risk Insights within Risk Appetite & Portfolio Management, Enterprise Risk, where we assess and manage financial risks for the total Enterprise. We optimize the capital allocation to improve risk-adjusted returns, monitor the portfolio's financial risks and develop new risk metrics. The Team interacts with a variety of stakeholders across the firm and is focused on improving the integration of risk insights across Enterprise Risk groups including risk appetite, stress testing, and strategy, among others.

Key Responsibilities:

• Applies mathematical and statistical methods to financial and risk management problems such as calibrating internal limits, optimize capital allocation or identify and monitor key risk indicators.
• Develops and implements frameworks that improve the integration of risk insights across Enterprise Risk Management.
• Conducts research and creates tools to help the bank make better financial decisions, drive innovation and minimize the impact of uncertainty.
• Monitors risk in portfolios as well as strategies across all risk types and business segments
• Applies knowledge of risk assessment and controls along with extensive understanding of industry compliance standards and regulations.
• Identifies ways of mitigating potential risks; recommends and implements solutions based on analysis of issues and implications for the business.
• Provides specialized consulting, analytical and technical support.
• Works independently and regularly handles non-routine situations.

Qualifications:

• 2 - 4 years of experience in a quantitative role in risk or capital management, along with a post-secondary degree in a quantitative field of study, or an equivalent combination of education and experience.
• Knowledge of regulatory capital, stress testing or risk model development.
• Experience with data preparation, data analysis, and statistical tool sets such as SQL, SAS, Excel VBA, Python.
• Exhibit strong logical thinking, analytical, and problem-solving skills.
• Ability to synthesize complex matters into simple and actionable insights and communicate with clear and concise language.
• Curiosity and willingness to learn.

Why Join Us:

• Opportunity to work in a collaborative and innovative environment with a wholistic view of the Bank’s portfolios and risks.
• Opportunity to build a network across many areas of the bank.

The above represents BMO Financial Group’s pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.

BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards

About Us

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.

To find out more visit us at https://jobs.bmo.com/ca/en.

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.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.