Talent.com
Senior Analyst Risk Modeling
Senior Analyst Risk ModelingBank of Montreal • Chicago, Illinois, USA
Senior Analyst Risk Modeling

Senior Analyst Risk Modeling

Bank of Montreal • Chicago, Illinois, USA
3 days ago
Job type
  • Full-time
  • 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 :

    $69000.00 - $127800.00

    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 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.

    Required Experience :

    Senior IC

    Key Skills

    ISO 27001,Operational Risk Management,Risk Management,FedRAMP,PCI,Risk Analysis,Visio,COBIT,NIST Standards,SOX,Information Security,ISO 27002

    Employment Type : Full-Time

    Experience : years

    Vacancy : 1

    Monthly Salary Salary : 69000 - 127800

    Create a job alert for this search

    Senior Risk Analyst • Chicago, Illinois, USA

    Related jobs
    Engineer, Site Risk Management - Midwest

    Engineer, Site Risk Management - Midwest

    Constellation Energy • Lombard, IL, US
    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 ener...Show more
    Last updated: 23 days ago • Promoted
    Risk Consulting Manager - AML Validation

    Risk Consulting Manager - AML Validation

    RSM US LLP • Chicago, 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 more
    Last updated: 6 days ago • Promoted
    Quantitative Risk Model Developer

    Quantitative Risk Model Developer

    Request Technology, LLC • Chicago, IL, United States
    Permanent
    Request Technology, LLC provides a base pay range of $190,000.This range is based on your skills and experience.Speak with a recruiter for more details. Senior Executive Recruiter – Quantitative Mod...Show more
    Last updated: 6 days ago • Promoted
    Senior Risk Manager

    Senior Risk Manager

    IG Group • Chicago, IL, United States
    Full-time
    Senior Risk Manager page is loaded## Senior Risk Managerlocations : Chicago - United States of Americatime type : Full timeposted on : Posted Todayjob requisition id : R\_15663 • •Job Title • •Seni...Show more
    Last updated: 12 days ago • Promoted
    Senior Associate, Quantitative Analyst - Model Risk Audit

    Senior Associate, Quantitative Analyst - Model Risk Audit

    Capital One • Chicago, IL, US
    Full-time +1
    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 more
    Last updated: 20 hours ago • Promoted • New!
    Credit Modeling Senior Manager

    Credit Modeling Senior Manager

    PwC • Chicago, 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 more
    Last updated: 6 days ago • Promoted
    Risk and Compliance Analyst

    Risk and Compliance Analyst

    HUB International • Chicago, IL, United States
    Full-time
    At HUB International, we are a team of entrepreneurs.We believe in protecting and supporting the aspirations of individuals, families, and businesses. We help our clients evaluate their risks and de...Show more
    Last updated: 9 days ago • Promoted
    Model Risk Audit Lead

    Model Risk Audit Lead

    Selby Jennings • Chicago, 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 more
    Last updated: 6 days ago • Promoted
    Risk Analysis Analyst - Year Up

    Risk Analysis Analyst - Year Up

    Bank of America • Chicago, IL, United States
    Full-time
    Risk Analysis Analyst - Year Up.Newark, Delaware;Charlotte, North Carolina; Chicago, Illinois.To proceed with your application, you must be at least 18 years of age. To proceed with your application...Show more
    Last updated: 23 days ago • Promoted
    AVP, Capital Modeling and Reinsurance Analytics

    AVP, Capital Modeling and Reinsurance Analytics

    Vantage Risk Companies • Chicago, 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 more
    Last updated: 6 days ago • Promoted
    Risk Analyst III

    Risk Analyst III

    Orangepeople • Chicago, IL, United States
    Full-time
    Quick Apply
    Are you passionate about safeguarding business success through meticulous risk management? We are on the lookout for a detail-oriented and proactive Risk Analyst to join our dynamic team.In this r...Show more
    Last updated: 8 days ago
    Fraud Analytics and Innovation Senior Analyst

    Fraud Analytics and Innovation Senior Analyst

    Bank of America • Chicago, IL, United States
    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 more
    Last updated: 16 hours ago • Promoted • New!
    Margins Risk Analyst, AVP

    Margins Risk Analyst, AVP

    Morgan Stanley • Chicago, IL, US
    Full-time
    Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial go...Show more
    Last updated: 27 days ago • Promoted
    Senior Analyst

    Senior Analyst

    Pivotal Talent Search • Chicago, IL, United States
    Full-time
    Are you ready to embark on a dynamic journey to achieve asset management excellence? We are seeking a passionate and driven Analyst or Senior Analyst to join our asset management team.If you thrive...Show more
    Last updated: 3 days ago • Promoted
    Senior Analyst, Market Risk Analytics

    Senior Analyst, Market Risk Analytics

    Invenergy • Chicago, 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 more
    Last updated: 19 days ago • Promoted
    Model Risk Quant Developer -Chicago, IL -Hybrid

    Model Risk Quant Developer -Chicago, IL -Hybrid

    FinTrust Connect • Chicago, 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 more
    Last updated: 14 days ago
    Quantitative Risk Specialist, Statistics Analyst

    Quantitative Risk Specialist, Statistics Analyst

    Delphi-US • Chicago, IL, United States
    Full-time
    Job Title : Statistics Analyst, Quantitative Risk Management.Essential technical / statistical analyst for Risk Model Monitoring project, pricing discovery and model validation.Critical technical skil...Show more
    Last updated: 12 hours ago • Promoted • New!
    Senior AML Analytics Leader — Strategic Risk & Data

    Senior AML Analytics Leader — Strategic Risk & Data

    CIBC US • Chicago, IL, United States
    Full-time
    A leading financial institution in Chicago seeks an AML Analytics Senior Manager.This role involves leading the assessment of AML risks, designing data-driven solutions, and providing strategic gui...Show more
    Last updated: 5 days ago • Promoted