Senior Analyst, QRM Architecture

QRM Architecture Team Member

As a member of the QRM Architecture Team, you will work closely with the Structural Market Risk (SMR) team within Corporate Treasury. The SMR team is responsible for Asset-Liability Management (ALM), Funds Transfer Pricing, Stress Testing, and Net Interest Income / Net Interest Margin Forecasting. Your role will focus on supporting the design, testing, and implementation of continuous improvement initiatives, as well as providing ongoing business-as-usual (BAU) support for BMO's Quantitative Risk Management (QRM) platform, including the Management Repository and Analytical Framework.

Key Responsibilities

• Design and implement modeling solutions within the QRM Management Repository and Analytical Framework, in alignment with stakeholder requirements and QRM best practices.
• Support the QRM Change Management process, including backlog maintenance and coordination of change deployments.
• Maintain and update Risk Data Aggregation and Risk Reporting (RDARR) documentation to ensure compliance with BCBS 239 principles.
• Collaborate with Technology & Operations partners to define and refine inbound data requirements for the QRM platform.
• Provide user acceptance testing (UAT) support for enhancements and modifications to the inbound data pipeline, ensuring alignment with strategic initiatives.
• Conduct QA testing and UAT for implemented changes prior to production deployment to ensure accuracy and performance.
• Deploy approved QRM changes to the Management Repository and Analytical Framework master databases.
• Identify and implement continuous improvement opportunities to streamline QRM processes, enhance data quality, and reduce processing time and errors.
• Partner with Corporate Treasury's model development team to review and design behavioral models, ensuring efficient implementation across all relevant QRM use cases.

Supports the research and development of quantitative risk modeling methodologies and related strategies in support of managing structural market risks arising from business / group portfolios and products. Develops and implements models to ensure market risk in banking products are properly measured and support effective risk management practices. Works with internal and external stakeholders to ensure market risks are properly identified and understood with supporting models and strategies successfully implemented.

Qualifications

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.

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.

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