Head of Cross-Risk Reporting & Insights

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Job Family Group:

Designs and leads the production of executive and board risk management reporting that spans multiple risk disciplines (credit market liquidity operational) to provide an integrated view of the enterprise risk profile

• Specifies and builds analytics and visualizations to effectively communicate features of the banks risk profile
• Drafts summaries and commentary to accompany analytics and visualizations
• Identifies researches and leads the production of thematic and topical content to explore issues of interest to management and boards
• Coordinates and participates in all aspects of the reporting cycle - conception production approval and delivery
• Drives enhanced capabilities across the Reporting & Insights function including practice management process improvement business development report implementation and communication capabilities

Promotes and supports the Banks risk culture including ensuring employees understand their accountabilities for risk-taking activities promoting an environment of open communication and effective challenge and establishing the tone from the top through leading by example. Complies with the Banks Risk Appetite framework and ensure risk-taking activities remain within agreed limits and comply with all regulatory requirements

• Designs develops and implements reporting solutions to meet management and regulatory reporting requirements ensuring timely accurate and efficient service for regular and ad-hoc reports and dashboards production processes
• Provides advice and guidance to assigned business/group on implementation of analytical and reporting solutions.
• 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.) and highlight significant information including variances trends opportunities and exposures. Escalates as required.
• 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. Organizes work information to ensure accuracy and completeness.
• Ensures strong governance and effective controls across risk reporting activities and information in accordance with enterprise standards.
• Provides information and supports the process for internal and external audits ensuring the information is accurate and complete.
• 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.
• Develops and manages comprehensive information management systems; designs and/or leads initiatives to improve processes analysis and reporting.
• Interprets new regulations and assesses impacts to the risk reporting strategy/program framework.
• Role models driving simplicity and productivity enhancements for optimization across groups driving continuous improvement on key measures
• Activates our winning culture aligned with Purpose. Ignites engagement by aligning our culture to our strategy and fueling exceptional execution
• Fosters diversity equity and inclusion and creates an inclusive environment for all employees by eliminating barriers to inclusion
• Develops leaders plans for succession and fosters a high-performance culture
• Drives top talent acquisition and retention developing organizational capabilities to drive competitive advantage
• Leads and mentors a team with diverse risk and business experience skills and orientation
• Leads promotes and reinforces the Banks Ambition; personally role models One Bank leadership; drives sustainable improvements in customer loyalty and business growth; adheres and supports enterprise customer experience and brand standard

Qualifications:

• Typically 9 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
• Expert knowledge of risk management metrics KPIs and KRIs.
• Expert knowledge of industry trends and regulatory requirements for risk reporting.
• Expert product knowledge for the designated business/portfolio.
• Expert knowledge of risk management theory processes and portfolio management reporting techniques.
• Expert knowledge of reporting & analytics concepts and applications.
• Expert knowledge of risk systems technology.
• Seasoned expert with extensive industry knowledge.
• Technical leader viewed as a thought leader for innovation.
• Verbal & written communication skills - Expert.
• Analytical and problem solving skills - Expert.
• Influence skills - Expert.
• Collaboration & team skills; with a focus on cross-group collaboration - Expert.
• Able to manage ambiguity.
• Data driven decision making - Expert.

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.

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 e-mail 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.