Canadian Consumer Credit Risk Reporting Specialist

Posted 2 Days Ago
Be an Early Applicant
Canada
68K-126K Annually
Mid level
Financial Services
The Role
The role involves executing reporting solutions for risk management and regulatory compliance. Responsibilities include designing credit risk reporting solutions, managing databases, analyzing data trends, and ensuring data governance. The specialist collaborates with stakeholders, supports audits, and provides training on key reporting elements.
Summary Generated by Built In

Application Deadline:

02/27/2025

Address:

33 Dundas Street West

Job Family Group:

Data Analytics & Reporting

Key Accountabilities

Supports the execution of accurate and efficient reporting solutions for risk, regulatory and management information to internal and external stakeholders including regulatory bodies. Supports an efficient and effective risk management function which uses common information sources and practices, reduces ongoing costs, increases service level performance, and minimizes risk.

  • Designs, develops, and implements Canadian consumer credit risk reporting solutions by using Power BI and SAS to meet management and regulatory reporting requirements.
  • Participates in the design, implementation, and management of core business processes to ensure the accuracy of risk data used in reporting. Provides advice to assigned business/group on implementation of analytical and reporting solutions.
  • Executes work to deliver timely, accurate, and efficient service for scheduled reporting production processes. 
  • Research existing or emerging requirements & related best practices to assist and develops recommendations for changes/enhancements.
  • Analyzes data and highlights significant information including variances, trends, opportunities, and exposures; escalates as required.
  • Support audit, conduct process and program documentation and review.
  • Support the maintenance of the risk reporting framework.
  • Ensures strong governance and effective controls across risk reporting activities and information in accordance with enterprise standards. Support report accuracy and completeness assessment.
  • Coordinates the management of databases; ensures alignment and integration of data in adherence with data governance standards.
  • Represents the risk reporting function during internal/external regulatory audits and/or examinations. Provides information and supports the process for internal and external audits.
  • Supports the interpretation of internal and external policies and regulatory requirements relevant to the analytics and reporting mandate e.g. regulatory reporting.
  • Supports the maintenance of operational procedures and processes related to analytical and reporting processes.
  • Supports the development of tools and delivery of training focused on awareness and understanding of key data elements used in risk reporting.
  • Builds effective relationships with internal/external stakeholders.
  • Works independently and regularly handles non-routine situations.

Knowledge and Skills

  • 3-5 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
  • Advanced skill in Power BI reporting (must have).
  • Advanced experience in SAS and SQL (must have).
  • Knowledge in credit risk management. 
  • Strong in documentation, presentation, and communication.
  • In-depth knowledge of reporting & analytics concepts and applications.
  • Deep knowledge and technical proficiency gained through extensive education and business experience.
  • Collaboration & team skills - In-depth.
  • Analytical and problem-solving skills - In-depth.
  • Influence skills - In-depth.
  • Data driven decision making - In-depth.

Salary:

$68,000.00 - $126,000.00

Pay Type:

Salaried

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.

Top Skills

Power BI
SAS
SQL
The Company
HQ: Toronto, Ontario
51,885 Employees
On-site Workplace

What We Do

At BMO, banking is our personal commitment to helping people at every stage of their financial lives.

The truth is, people’s needs change: so we change too. But we never change who we are. Which means we’ll never waiver from providing our customers the best possible banking experience in the industry.

Our incredible team of over 46,000 people is just the tip of the iceberg. You should get to know us. We’re here to help.

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