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Senior Analyst - Structural Market Risk

Posted 34 minutes ago

Job Description

Application Deadline:


100 King Street West

Job Family Group:

Finance & Accounting

As part of our Corporate Treasury team, this role supports the research and development of quantitative risk modeling methodologies and related strategies in support of managing structural market risks (also known as asset-liability management or ALM) arising from business/group portfolios and products. Supports and implements models to ensure market risk in banking products are properly measured and support effective risk management practices.
  • Develops analytical solutions, models and methodologies used to manage risks related to the Bank's portfolios and products e.g. valuations; hedging strategies, customer behavior models, performance measurement, etc.
  • Monitors the financial market environment and model performance impacts for optimal execution of risk strategies.
  • Performs analytics and reporting of economic and P&L performance of Corporate Treasury as a result of its hedging, investment and funding activities.
  • Researches industry best practices with respect to structural market risk modeling and methodology.
  • Monitors and tracks changes to position and component risk metrics over reporting periods; addresses and / or escalates any issues.
  • Develops solutions and makes recommendations based on an understanding of the business strategy and stakeholder needs.
  • Provides advice and guidance to assigned business/group on implementation of solutions.
  • Provides input to policy positions with respect to structural market risk programs considering legislative requirements.
  • Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.
  • Helps determine business priorities and best sequence for execution of business/group strategy.
  • Breaks down strategic problems, and analyses data and information to provide insights and recommendations.
  • Conducts independent analysis to resolve strategic issues.
  • Provides input to the planning & implementation of structural market risk data acquisition and reporting programs.
  • Documents data flow, systems and processes in data collection to improve efficiency; advances automation of processes.
  • Applies scripting / programming skills to assemble source data into structured datasets with multiple levels of granularities e.g., demographics, customers, products, transaction.
  • Applies suitable statistical techniques to perform analysis e.g., A/B testing, mathematical models, algorithms, machine learning to test, verify, refine hypotheses.
  • Builds effective relationships with internal/external stakeholders.
  • 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.
  • Exercises judgment to identify, diagnose, and solve problems within given rules.
  • Works independently on a range of complex tasks, which may include unique situations.
  • Broader work or accountabilities may be assigned as needed.

  • Typically between 2 - 5 years of relevant experience or an equivalent combination of education and experience.
  • Degree in either Risk Management, Finance, or Economics.
  • FRM or CFA certifications preferred.
  • Technical proficiency gained through education and/or business experience.
  • Strong knowledge of Excel, Access, SQL, VBA. Experience with Power BI (or general business intelligence systems experience) preferred.
  • Working experience in a Finance environment with exposure to one or more of the following: Risk management, financial market products and pricing, Balance Sheet / Asset Liability management.
  • Knowledge of quantitative modelling including understanding of statistics, risk and financial metrics.
  • Technical proficiency gained through education and/or 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.
Compensation and Benefits:

$65,400.00 - $121,800.00

Pay Type:


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:

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.

To find out more visit us at .

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.

About BMO

THERE’S NEVER BEEN A BETTER TIME TO BE PART OF BMO. We’ve set our sights on being the bank that defines great customer experience. Our customers’ needs are changing and so are we. Everyone who works here has a role to play in making a difference for our customers. Every day. It’s an amazing feeling when you know you’re making a customer’s life better, and you can do it at BMO – whether you’re imagining a new product, designing a customer experience, streamlining an application, launching a marketing campaign or just being there in a very human way with the right answer.


Banking & Finance

Company Size

10,000+ employees

Application closing date is 2024-08-17

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