Associate, Model & Proxy Governance Winter 2026 (Co-opInternship) 8 Months
Associate, Model & Proxy Governance Winter 2026 (Co-opInternship) 8 Months
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Job Description
Application Deadline:
Address:
100 King Street WestJob Family Group:
The ideal candidate will use their SQL skills and knowledge to create new data management efficiencies & assist with creating an automated process to import & update large amounts of data.
Additional responsibilities include enhancing & updating current Process Manuals to improve and elevate team knowledge and training processes.
SQL experience required
Ensures that valuations for a designated trading/underwriting portfolio are materially accurate and establishes valuation adjustments and capital reserves as appropriate. Works with stakeholders across BMO complete the operational and strategic work for the design and development valuation methodologies and decision support solutions to deliver business results and minimize risk. Provides advice on the configuration functionality applicability and usability of data sources data management data analytics and reporting solutions related to market data used for valuations.
- Develops solutions and makes recommendations based on an understanding of the business strategy and stakeholder needs.
- Provides advice and guidance to assigned business/group on implementation of solutions.
- Supports the execution of strategic initiatives in collaboration with internal and external stakeholders including model development.
- Builds effective relationships with internal/external stakeholders.
- Ensures alignment between stakeholders.
- Executes work to deliver timely accurate and efficient service.
- Monitors and assesses the performance of market models to ensure the mathematical representation of the market is sound on an on-going basis; performs stress-testing to assess model performance under extreme conditions.
- Promotes best practices for valuation of the designated portfolios.
- Breaks down strategic problems and analyzes data and information to provide valuation insights (e.g. positions exposures or other valuation issues) and make recommendations.
- Develops and implements policies and guidelines for independent checking of valuations exception handling capital reserves and adjustments in alignment with Bank standards.
- Documents and maintains operational procedures and processes relating to methodologies analytical and reporting processes (e.g. market data sources model inventory related assumptions and limitations).
- Reviews use of valuation methodologies and models for consistency across portfolios products geographies; recommends changes as required.
- Focus is primarily on business/group within BMO; may have broader enterprise-wide 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 1-3 years of relevant experience and/or certification in related field of study or an equivalent combination of education and experience.
- Degree in business finance or quantitative discipline.
- Understanding of derivative products and markets as well as the valuation and risk management methodologies associated with these.
- Understanding of accounting principles finance processes and back office processes is an asset.
- Quantitative analytical skills.
- Experienced in VBA programming.
- Technical proficiency gained through education and/or business experience.
- 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:
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:
Intern
Employment Type
Full-Time
