Talent.com
Senior Analyst - Risk Modeling

Senior Analyst - Risk Modeling

Bank of MontrealChicago, IL, United States
14 hours ago
Job type
  • Part-time
Job description

Application Deadline :

12 / 11 / 2025

Address : 320 S Canal Street

Job Family Group :

Data Analytics & Reporting

This role has a hybrid requirement of 3x per week in office. This amount is subject to change.

Applies mathematical and statistical methods to financial and risk management problems (e.g. internal controls; enterprise-wide stress testing and scenario analysis; capital modelling; valuations). Through quantitative analytical modelling, identifies important factors to consider for financial disaster and recovery plans. Conducts research and creates tools that use data to develop scenario-based planning and implements complex mathematical models to help the business make better financial and financial decisions (e.g. investments, pricing, etc.), drive innovation and minimize the impact of uncertainty.

  • 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 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 :

Foundational level of proficiency :

  • Regulatory capital and stress testing.
  • Compliance and regulation.
  • Machine learning.
  • Learning Agility.
  • Systems Thinking.
  • Model risk management.
  • Data visualization.
  • Data wrangling.
  • Data preprocessing.
  • Critical thinking.
  • Driving Results.
  • Intermediate level of proficiency :

  • Quantitative financial modeling.
  • Computational thinking and programming.
  • Verbal & written communication skills.
  • Collaboration & team skills.
  • Analytical and problem solving skills.
  • Data driven decision making.
  • Typically between 4 - 6 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
  • Technical proficiency gained through education and / or business experience.
  • Salary :

    $69,000.00 - $127,800.00

    Pay Type : Salaried

    The above represents BMO Financial Group's 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 Group's expected target for the first year in this position.

    BMO Financial Group's 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 :

    About 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. We'll 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, we'll help you gain valuable experience, and broaden your skillset.

    To find out more visit us at

    BMO 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 BMOCareers.Support@bmo.com 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.

    Create a job alert for this search

    Senior Risk Analyst • Chicago, IL, United States

    Related jobs
    • Promoted
    Risk Consulting Manager - AML Validation

    Risk Consulting Manager - AML Validation

    RSM US LLPChicago, IL, United States
    Full-time
    We are the leading provider of professional services to the middle market globally, our purpose is to instill confidence in a world of change, empowering our clients and people to realize their ful...Show moreLast updated: 3 days ago
    • Promoted
    Senior Governance & Risk Analyst

    Senior Governance & Risk Analyst

    Zs AssociatesChicago, IL, United States
    Full-time
    ZS is a place where passion changes lives.As a management consulting and technology firm focused on improving life and how we live it, we transform ideas into impact by bringing together data, scie...Show moreLast updated: 6 days ago
    • Promoted
    1st Line Risk Analyst

    1st Line Risk Analyst

    Marex Services Group, LLCChicago, IL, United States
    Full-time
    Marex is a global financial services platform, providing essential liquidity, market access and infrastructure services to clients in the energy, commodities and financial markets.The Group provide...Show moreLast updated: 1 day ago
    • Promoted
    Collision Estimator

    Collision Estimator

    Crash ChampionsHighland, IN, US
    Full-time
    As one of the fastest-growing and most exciting brands in the industry, Crash Champions is the largest founder-led multi-shop operator (MSO) of high-quality collision repair service in the U.The co...Show moreLast updated: 5 days ago
    • Promoted
    Senior Governance & Risk Analyst

    Senior Governance & Risk Analyst

    ZSChicago, IL, United States
    Full-time
    ZS is a place where passion changes lives.As a management‑consulting and technology firm focused on improving life and how we live it, we transform ideas into impact by bringing together data, scie...Show moreLast updated: 6 days ago
    • Promoted
    Credit Modeling Senior Manager

    Credit Modeling Senior Manager

    PwCChicago, IL, United States
    Full-time
    At PwC, our people in data and analytics focus on leveraging data to drive insights and make informed business decisions. They utilise advanced analytics techniques to help clients optimise their op...Show moreLast updated: 3 days ago
    • Promoted
    Model Risk Audit Lead

    Model Risk Audit Lead

    Selby JenningsChicago, IL, United States
    Full-time
    Vice President - Internal Audit, Operational Risk, Enterprise Risk and Analytics.A leading financial services firm looking to bring on a Lead within their Internal Audit team specializing in Financ...Show moreLast updated: 3 days ago
    • Promoted
    Risk Analyst

    Risk Analyst

    Aditi ConsultingChicago, IL, United States
    Full-time
    Strong understanding of risk assessment methodologies and frameworks to ensure consistency and comprehensiveness.Ability to operate independently with minimal instructions (e.Hands-on experience wi...Show moreLast updated: 2 days ago
    • Promoted
    Risk Analysis Analyst - Year Up

    Risk Analysis Analyst - Year Up

    Bank of AmericaChicago, IL, US
    Full-time
    At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clien...Show moreLast updated: 19 days ago
    • Promoted
    AVP, Capital Modeling and Reinsurance Analytics

    AVP, Capital Modeling and Reinsurance Analytics

    Vantage Risk CompaniesChicago, IL, United States
    Full-time
    AVP, Capital Modeling and Reinsurance Analytics.AVP, Capital Modeling and Reinsurance Analytics.Vantage) was established in late 2020 as a re / insurance partner designed for the future.Driven by rel...Show moreLast updated: 3 days ago
    • Promoted
    Operational Risk Analyst

    Operational Risk Analyst

    iO AssociatesChicago, IL, US
    Full-time
    Operational Risk Analyst – Chicago.Electronic trading | Trading Floor Environment.A leading global trading firm is looking for an. In this role, you'll be embedded on the trading floor, working in a...Show moreLast updated: 1 day ago
    • Promoted
    • New!
    Senior Insurance & Risk Management Analyst

    Senior Insurance & Risk Management Analyst

    RotaryEvanston, IL, United States
    Full-time
    Senior Insurance & Risk Management Analyst.This position is designated as.World Headquarters office once per month to several times a week (generally 1 day in the office per week; during onboarding...Show moreLast updated: 6 hours ago
    • Promoted
    ALM Actuarial Analyst – Life Insurance Modeling

    ALM Actuarial Analyst – Life Insurance Modeling

    Jobs via DiceChicago, IL, United States
    Full-time
    A leading recruitment agency is seeking an Actuarial Consultant to develop and maintain actuarial models for life insurance. The role requires proficiency in actuarial software and understanding of ...Show moreLast updated: 2 days ago
    • Promoted
    Senior Analyst, Market Risk Analytics

    Senior Analyst, Market Risk Analytics

    InvenergyChicago, IL, US
    Full-time
    Senior Analyst, Market Risk Analytics.Invenergy drives innovation in energy.Powered by decades of entrepreneurial experience and unparalleled execution, we solve the energy challenges facing our cu...Show moreLast updated: 16 days ago
    • Promoted
    Senior Associate, Quantitative Analyst - Model Risk Audit

    Senior Associate, Quantitative Analyst - Model Risk Audit

    Capital OneChicago, IL, United States
    Full-time
    Senior Associate, Quantitative Analyst - Model Risk Audit.At Capital One, data is at the center of everything we do.As a startup, we disrupted the credit card industry by individually personalizing...Show moreLast updated: 6 days ago
    Model Risk Quant Developer -Chicago, IL -Hybrid

    Model Risk Quant Developer -Chicago, IL -Hybrid

    FinTrust ConnectChicago, Illinois, United States
    Full-time
    Quick Apply
    Model Risk Quant Developer -Chicago, IL - Hybrid.FinTrust Connect Chicago IL Hybrid.Share Your Resume and Build Your Future!. Join our Talent Community for Chicago.The city shows steady contractor d...Show moreLast updated: 11 days ago
    • Promoted
    Lead Estimator

    Lead Estimator

    GreenArrowEast Chicago, IN, US
    Full-time
    Is This Where You’re Meant To Be?.So ask yourself?is this where you’re meant to be? .Lead Commercial ...Show moreLast updated: 11 days ago
    • Promoted
    Senior Quantitative Analyst / Quantitative Analyst, Risk Analytics

    Senior Quantitative Analyst / Quantitative Analyst, Risk Analytics

    ConstellationChicago, IL, United States
    Full-time
    As the nation's largest producer of clean, carbon-free energy, Constellation is focused on our purpose : accelerating the transition to a carbon-free future. We have been the leader in clean energy p...Show moreLast updated: 3 days ago