Analyst, Risk Modeling

BMO is a financial institution committed to creating lasting, positive change for customers and communities. They are seeking an Analyst in Risk Modeling who will apply mathematical and statistical methods to financial and risk management problems, develop pricing and quantitative risk models, and conduct research to improve financial decision-making.

Responsibilities:

• Develops pricing and quantitative risk models for an assigned portfolio e.g. fixed income, corporate credit and loans
• Monitors risk in strategies and portfolios alongside project managers or functional leads
• Conducts research and develops tools that use data to make better financial decisions; such as: investments, pricing, etc
• 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
• Documents data flow, systems and processes to improve the design, implementation and management of business/group processes
• Conducts quantitative research in risks across strategies and portfolios
• Focus may be on a business/group
• Thinks creatively and proposes new solutions
• Exercises judgment to identify, diagnose, and solve problems within given rules
• Works mostly independently
• Broader work or accountabilities may be assigned as needed
• Take measured risks while protecting the bank by applying our Risk Management Framework in the execution of your role, in line with our Risk Culture and within our approved Risk Appetite, making sound and risk informed decisions that align to business strategy, protect assets, and adhere to applicable policy documents (Frameworks, Policies, Standards, Procedures and Supporting documents), laws and regulations