Senior Analyst, Counterparty Credit Risk Reporting

Reposted 13 Days Ago
Be an Early Applicant
Toronto, ON, CAN
In-Office
56K-104K Annually
Mid level
Financial Services
The Role
The role involves executing risk reporting solutions, maintaining risk models, developing data strategies, and collaborating with stakeholders. The analyst produces reports and dashboards, identifies problems, and documents processes.
Summary Generated by Built In

Application Deadline:

Address:

250 Yonge Street

Job Family Group:

Data Analytics & Reporting

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.

This role will be engaged in maintaining risk models on a regular basis in order to provide up-to-date and accurate reports on risk measures.

  • Supports the development of the strategy and roadmap for data quality and data analytics, data modeling, reporting, business intelligence, and the design and development of sophisticated decision support tools.
  • Designs and produces regular and ad-hoc reports, and dashboards.
  • Integrates information from multiple sources to enable more efficient processes, enhanced analysis and / or streamlined reporting.
  • Documents and maintain operational procedures and processes relating to analytical and reporting processes.
  • Collaborates with internal and external stakeholders in order to deliver on business objectives.
  • 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

Qualifications:

  • Degree in Computer Science, Statistics, Mathematics, Finance or equivalent general business experience
  • 1-3 years of related work experience, preferably in a financial institution. Some experience with capital markets is a plus.
  • Knowledge and experience in data preparation, data analysis, statistics and business intelligence tool sets including but not limited to Python, Power BI, SQL.
  • Knowledge of risk management metrics for counterparty credit risk
  • Knowledge of industry trends and regulatory requirements for risk reporting..
  • Knowledge of risk management and trading room operations, particularly counterparty credit risk.
  • Strong knowledge to write and troubleshoot Excel macros, VBA code and other automation tools.
  • CFA/FRM designation or working towards them is preferred but not required.

Skills:

  • 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.

Salary:

$56,000.00 - $103,500.00

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.

Skills Required

  • Degree in Computer Science, Statistics, Mathematics, Finance or equivalent business experience
  • 1-3 years of related work experience, preferably in a financial institution
  • Knowledge and experience in data preparation, data analysis, statistics, and business intelligence tool sets
  • Knowledge of risk management metrics for counterparty credit risk
  • Knowledge of industry trends and regulatory requirements for risk reporting
  • Strong knowledge to write and troubleshoot Excel macros, VBA code, and other automation tools
  • CFA/FRM designation or working towards them is preferred

BMO Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about BMO and has not been reviewed or approved by BMO.

  • Parental & Family Support Paid parental leave up to 16 weeks at full pay for all new parents, plus up to $20,000 for adoption, surrogacy, and fertility, and 10 days of paid backup childcare indicate robust family support. These elements stand out within BMO’s U.S. package.
  • Retirement Support A 401(k) design combining a core employer contribution with dollar-for-dollar matching up to a set portion of pay, plus immediate vesting on match and employee contributions, signals strong retirement funding. The core contribution’s three-year vesting is clearly defined.
  • Leave & Time Off Breadth Vacation accrual scales with grade and service, alongside 9–10 paid holidays and additional paid time off buckets (bereavement, school activities, civic duties, blood donation, volunteering). This breadth offers multiple avenues for time away beyond standard vacation.

BMO Insights

Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Toronto, Ontario
51,885 Employees

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.

Similar Jobs

TransUnion Logo TransUnion

Sr. Director, Solutions Consulting - Canada Credit Risk Solutions

Big Data • Fintech • Information Technology • Business Intelligence • Financial Services • Cybersecurity • Big Data Analytics
Hybrid
2 Locations
13000 Employees
210K-316K Annually

TransUnion Logo TransUnion

Director, Client Strategy & Growth Enablement

Big Data • Fintech • Information Technology • Business Intelligence • Financial Services • Cybersecurity • Big Data Analytics
Hybrid
Burlington, ON, CAN
13000 Employees
191K-287K Annually

Wise Logo Wise

Compliance Lead - Canada

Fintech • Mobile • Payments • Software • Financial Services
Remote or Hybrid
Ottawa, ON, CAN
9000 Employees

Magna International Logo Magna International

Environmental, Health and Safety Specialist

Automotive • Hardware • Robotics • Software • Transportation • Manufacturing
Hybrid
Newmarket, ON, CAN
171000 Employees
75K-95K Annually

Similar Companies Hiring

Granted Thumbnail
Mobile • Insurance • Healthtech • Financial Services • Artificial Intelligence
New York, New York
23 Employees
Hanover Park Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
42 Employees
Onshore Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
60 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account