Data Science Manager, Liquidity and Funding Management
Job Summary
Application Deadline:
Address:
100 King Street WestJob Family Group:
Data Science Manager Corporate Treasury Liquidity and Funding Management
Corporate Treasury finds the best ways for BMO to deploy its financial resources within regulatory guidelines and the Enterprises risk appetite. The Treasury function plays a key role in the management of the banks liquidity funding capital and allocation of financial resources to align with the banks overall strategy and to ensure the bank is resilient in its ability to carry out its activities. Treasury teams are strategically focused have a collaborative nature and possess strong problem-solving skills.
Liquidity and Funding Management within Corporate Treasury leverages big data platforms to measure analyze and oversee the Banks internal and regulatory liquidity and funding risks that arise from global business activities; and make recommendations to improve the use of financial resources.
Data Science Manager in Liquidity and Funding Management plays a critical role to promote data driven decision making while collaborating with liquidity risk experts and business partners to leverage BMOs enterprise database and create insightful funding and liquidity analytics and reports.
The candidate is part of a team that is accountable for the quantitative measurement and analysis of the banks liquidity and funding risks that arise from global business activities through the development of quantitative and stress testing models. This involves utilizing the latest modeling methodologies and applying those methodologies to build robust risk models to support Corporate Treasurys liquidity risk framework and business decisions.
Key responsibilities and requirements include
- Plays an active role in the futuristic display of data and advancement of innovative data strategies to understand consumer trends and address business problems.
- Leads/participates in the design implementation and management of new analytics & reporting solutions.
- Designs develops and implements calculators and models for liquidity risk measures with innovative analytical solutions.
- Designs and produces regular and ad-hoc reports and dashboards.
- Structures and assembles data into multi-dimensions with various granularities (e.g. customers products transactions financial instruments).
- Monitors and tracks tool performance user acceptance testing and addresses any issues.
- Uses data mining and extracting usable data from valuable data sources to assess feasibility of AI/ML solutions for improve processing and usage of organization data.
- Conducts large-scale analysis of information to discover patterns and trends by combining different modules and algorithms.
- Uses analysis to provide recommendations and advice for business leaders to maintain to maintain market competitiveness.
- Develops prediction systems and machine learning algorithms. Investigates additional technologies and tools for developing innovative data solutions for business stakeholders.
- Collaborate together with the product team and partners to understand and provide data-driven decision making business planning and future roadmap.
- 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 BMOs 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.
- Focus is primarily on business/group within BMO; may have broader enterprise-wide focus.
- Provides specialized consulting analytical and technical support.
- Exercises judgment to identify diagnose and solve problems within given rules.
- Works independently and regularly handles non-routine situations.
- Broader work or accountabilities may be assigned as needed.
Qualifications:
Intermediate level of proficiency:
- Mathematics statistics & operations research.
- Deep learning.
- Machine learning.
- Trust bias and ethics.
- Creative thinking.
- Critical thinking.
Advanced level of proficiency:
- Big data.
- Data visualization.
- Computational thinking and programming.
- Data wrangling.
- Data preprocessing.
- Creative reasoning.
- Verbal & written communication skills.
- Collaboration & team skills.
- Analytical and problem solving skills.
- Influence skills.
- Data driven decision making.
- Typically between 5 - 7 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
- Deep knowledge and technical proficiency gained through extensive education and business experience with statistical tool
sets including but not limited to Spotfire Tableau SQL SAS R Python MATLAB SPSS Spark.
Salary:
Pay Type:
The above represents BMO Financial Groups 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 Groups expected target for the first year in this position.
BMO Financial Groups 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: 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. Well 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 well help you gain valuable experience and broaden your skillset.
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.
Required Experience:
Manager
About Company
We cover the whole balance sheet, from foreign exchange, trade finance and treasury management to corporate lending, securitization, public and private debt and equity underwriting. Our team of experts can also provide a full range of advisory services, along with industry-leading res ... View more