05/15/2025
Address:
VIRTUAL(U)05 HomeRes CA
Job Family Group:
Audit Risk & Compliance
Come join a culture that is about so much more than the bottom line. Be a part of a team that celebrates big ideas supports your personal and professional growth and makes a real impact in local communities. At BMO you will enjoy work that makes a difference; help us live our Purpose: To Boldly Grow the Good in Business and Life.
Our Business Banking Risk Decision Strategy Management develops and maintains risk decisionsupport strategies using analytical solutions to enable highquality factbased decisions for a designated risk portfolio. Supports the development of the strategy and roadmap for data quality data analytics data modeling reporting business intelligence and the design and development of sophisticated decision support tools.
- Supports development and of strategic initiatives in collaboration with internal and external stakeholders.
- Breaks down strategic problems and analyses data and information to provide insights and recommendations.
- Manages databases and provides support for analysis forecasting and/or data visualization ensuring adherence with data governance standards.
- Supports change management of varying scope and type; tasks typically focused on and sustainment activities.
- Acts as a resource for team members with less experience
- Leads or assists with the maintenance monitoring measurement & reporting on the status of the risk decision strategies performance.
- Supports the development and maintenance of system and process documentation / process controls / knowledge assets required for the operation.
- Supports the maintenance monitoring measurement & reporting on the status of the risk decision strategies and key risk indicators to internal & external stakeholders.
- Develops and maintains risk strategies using analytics predictive modelling and business rules to optimize decisions and productivity.
- Supports the planning and of the change management process including simulation validation testing and reporting requirements to evaluate the effectiveness of the new or modified strategies.
- Provides advice and guidance to assigned business/group on implementation of analytical solutions.
- Develops and maintains indepth knowledge of business product strategies and related risk management requirements and legislative/ regulatory directives.
- Works with stakeholders to identify the business requirements understand the profitability structure the risk / return assessment and the expected outcomes.
- Works with 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.
- Works with internal and external stakeholders to understand the capabilities of risk models and core risk systems to ensure effectiveness of risk decision strategies.
- Builds effective relationships with internal/external stakeholders.
- Ensures alignment between stakeholders.
- Summarizes statistical findings and draws conclusions and presents actionable business recommendations.
- Presents findings & recommendations in a simple clear way to drive action.
- Consults with stakeholders to improve consistency and transparency of risk measurement metrics and reporting.
- Monitors and tracks performance; addresses any issues.
- Focus is primarily on business/group within BMO; may have broader enterprisewide focus.
- 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:
- Typically between 4 6 years of relevant experience and postsecondary degree in related field of study or an equivalent combination of education and experience.
- Working / indepth product knowledge for the designated business / portfolio.
- Working / indepth knowledge of risk management theory processes and portfolio management reporting techniques.
- Woking / indepth knowledge of modelling & analytics concepts and applications.
- Working / indepth knowledge of risk systems technology.
- Technical proficiency gained through education and/or business experience.(SQL required SAS and/or Python preferred)
- Verbal & written communication skills Indepth.
- Collaboration & team skills Indepth.
- Analytical and problem solving skills Indepth.
- Influence skills Indepth.
- Data driven decision making Indepth.
Salary:
$45000.00 $84000.00
Pay Type:
Salaried
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 parttime roles will be prorated 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 performancebased 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 indepth training and coaching to manager support and networkbuilding opportunities well help you gain valuable experience and broaden your skillset.
To find out more visit us at is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race religion color national origin sex (including pregnancy childbirth or related medical conditions) sexual orientation gender identity gender expression transgender status sexual stereotypes age status as a protected veteran status as an individual with a disability or any other legally protected characteristics. We also consider applicants with criminal histories consistent with applicable federal state and local law.
BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process please send an email to and let us know the nature of your request and your contact information.
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.