Senior Manager - Model Risk Reporting & Analytics

BMO is a financial services company committed to creating lasting, positive change for its customers and communities. They are seeking a Senior Manager for Model Risk Reporting & Analytics, responsible for designing and enhancing enterprise-level reporting and analytical insights to support model risk oversight across the organization.

Responsibilities:

• Develop, enhance, and maintain Model Risk Management (MRM) reports, dashboards, and KPI/KRI suites for senior management, governance committees, and regulatory bodies
• Perform analytics on model risk data to identify patterns, emerging risks, gaps, and opportunities for process improvement
• Lead the design and automation of reporting pipelines using tools such as Python, SQL, Tableau/Power BI, and model risk platforms
• Partner with stakeholders to ensure data accuracy, completeness, and consistency across model inventory, validation results, performance monitoring, and issue management datasets
• Support regulatory exams and internal audits by preparing reporting packages and clearly articulating model risk insights, methodologies, and governance processes
• Contribute to the enhancement of the enterprise model risk taxonomy, metrics definitions, and data governance standards
• Provide analytic support to Model Risk leadership, including deep dives, ad-hoc analyses, scenario analysis, and thematic reviews
• Develop documentation, process maps, and reporting standards to ensure transparency, repeatability, and auditability of reporting
• Support strategic initiatives such as system migrations, automation, model risk system enhancements, and regulatory-driven changes
• Collaborate with cross-functional teams to ensure alignment with Model Risk policies, regulatory expectations (SR 11‑7, OSFI E‑23), and internal risk appetite
• Fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behaviours in all that they do
• Ensures alignment between values and behaviour that fosters diversity and inclusion
• Regularly connects work to BMO's purpose, sets inspirational goals, defines clear expected outcomes, and ensures clear accountability for follow through
• Builds interdependent teams that collaborate across functional and operating groups to create the highest value for all stakeholders
• Attracts, retains, and enables the career development of top talent
• Improves team performance, recognizes and rewards performance, coaches employees, supports their development, and manages poor performance
• Provides strategic input into business decisions as a trusted advisor
• Makes recommendations to senior leaders on strategy and new initiatives, based on an in-depth understanding of the business/group
• Acts as a subject matter expert on relevant regulations and policies
• May network with industry contacts to gain competitive insights and best practices
• Interprets new regulations and assesses impacts to the risk reporting strategy/program framework
• Influences and negotiates to achieve business objectives
• Identifies emerging issues and trends to inform decision-making
• Recommends business priorities, advises on resource requirements and develops roadmap for strategic execution
• Manages resources and leads the execution of strategic initiatives to deliver on business and financial goals
• Measures the effectiveness of risk reporting program/strategy; recommends changes as required
• Conducts independent analysis and assessment to resolve strategic issues
• Leads the development and maintenance of the risk reporting framework
• Acts as the prime subject matter expert for internal/external stakeholders
• Represents the risk reporting function during internal/external regulatory audits and/or examinations
• Ensures alignment between stakeholders
• Designs and produces regular and ad-hoc reports, and dashboards
• Develops and manages comprehensive information management systems; designs and/or leads initiatives to improve processes, analysis and reporting
• Leads change management programs of varying scope and type, including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives
• Leads the execution of operational programs; assesses and adapts as needed to ensure quality of execution
• May provide specialized support for other internal and external regulatory requirements
• Provides input into the planning and implementation of ongoing operational programs in support risk reporting management framework
• Leads/participates in the design, implementation and management of core business/group processes
• Designs, develops, and implements reporting solutions to meet management and regulatory reporting requirements
• Provides advice and guidance 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
• Supports the maintenance, monitoring, and measurement of key risk indicators to internal & external stakeholders
• Analyses data and information to provide risk-related insights and recommendations for the assigned portfolio e.g. capital at risk modeling, risk/return assessments, etc
• Supports the interpretation of internal and external policies and regulatory requirements relevant to the analytics and reporting mandate e.g. regulatory reporting
• Works with various data owners to discover and select available data sources from internal sources and external vendors (e.g. lending system, payment system, external credit rating system) to fulfill analytical needs
• Ensures strong governance and effective controls across risk reporting activities and information in accordance with enterprise standards
• Analyzes data and highlights significant information including variances, trends, opportunities and exposures; escalates as required
• Provides information and supports the process for internal and external audits
• Gathers and formats data into regular and ad-hoc reports, and dashboards
• Supports development and execution of strategic initiatives in collaboration with internal and external stakeholders
• Builds effective relationships with internal/external stakeholders
• 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
• Participates in the design, implementation and management of core business processes to ensure the accuracy of risk data used in reporting
• Operates at a group/enterprise-wide level and serves as a specialist resource to senior leaders and stakeholders
• Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to problems that can be complex and non-routine
• Implements changes in response to shifting trends
• Broader work or accountabilities may be assigned as needed