Capital Risk Manager

Bank of Montreal; Toronto; On-site; CAD 84,000 - 156,000; Full time

Job summary

A leading financial institution is seeking a risk management specialist to support capital risk assessments and stress testing. The role involves analyzing data, developing reports, and collaborating with stakeholders to enhance risk strategies. Ideal candidates will have extensive experience in risk modeling and strong analytical skills. This position offers competitive salary and benefits, contributing to a dynamic team focused on strategic decision-making.

Benefits

Health Insurance

Tuition Reimbursement

Retirement Plans

Qualifications

• Typically 7+ years of relevant experience.
• Expertise in stress testing and risk modeling.

Responsibilities

• Supports management of risks to capital through stress testing.
• Develops reports on stress testing and scenario analysis.
• Identifies emerging issues and trends for decision-making.

Skills

Communication

Analytical

Problem Solving

Data-driven Decision-making

Education

Post-secondary degree

Tools

Statistical Software

Job description

Application Deadline:

06/14/2025

Address:

100 King Street West

Job Family Group:

Data Analytics & Reporting

Job Description

Supports the management of risks to Capital by reviewing and challenging stress testing outcomes. Assesses the impact of stress on risk capital, ensures risks are properly identified, understood, and risk-related strategies are enabled.

Summarizes statistical findings, draws business conclusions, and presents actionable recommendations for risk management.

Integrates inputs from Subject Matter Experts and communicates findings to management and stakeholders.

• Provides strategic input into business decisions as a trusted advisor.
• Makes recommendations to senior leaders on strategy and initiatives based on an in-depth understanding of the business.
• Acts as a subject matter expert on relevant regulations and policies.
• Networks with industry contacts for insights and best practices.
• Interprets new regulations and assesses impacts on governance.
• Develops reports on stress testing and scenario analysis programs for internal and external stakeholders.
• Influences and negotiates to achieve business objectives.
• Identifies emerging issues and trends for decision-making.
• Recommends business priorities, advises on resources, and develops strategic roadmaps.
• Manages resources and leads strategic initiatives to meet business and financial goals.
• Measures and recommends improvements to stress testing methodologies.
• Conducts independent analysis to resolve strategic issues.
• Leads development and maintenance of governance systems.
• Acts as the prime subject matter expert for stakeholders.
• Ensures stakeholder alignment.
• Represents the risk program during audits and examinations.
• Designs and produces reports and dashboards.
• Develops and manages information systems; leads process improvements.
• Leads communication strategies to influence behavior.
• Manages change management programs and operational initiatives.
• Oversees regulatory reporting review processes.
• Works with stakeholders to define business requirements and model scenarios.
• Adjusts stress scenarios based on market and external changes.
• Identifies and escalates corrective actions.
• Collaborates with data owners to source and select data.
• Improves risk measurement transparency and consistency.
• Maintains knowledge of risk management and regulatory directives.
• Supports governance meetings and facilitates documentation.
• Builds effective stakeholder relationships.
• Analyzes data for insights and recommendations.
• Monitors performance and addresses issues.
• Leads core process design and management.
• Operates enterprise-wide as a specialist resource.
• Addresses complex and ambiguous situations with creative solutions.
• Adapts to shifting trends and broader responsibilities as needed.

Qualifications:

• Typically 7+ years of relevant experience and a post-secondary degree or equivalent.
• Expertise in stress testing, scenario analysis, and risk modeling.
• Proficiency in statistical/numerical software.
• Strong communication, analytical, and problem-solving skills.
• Ability to influence, collaborate, and manage ambiguity.
• Data-driven decision-making expertise.

Salary:

$84,000.00 - $156,000.00

Pay Type:

Salaried

The salary varies based on location, skills, experience, and other factors. It may include incentives, bonuses, and benefits such as health insurance, tuition reimbursement, and retirement plans. More details are available at https://jobs.bmo.com/global/en/Total-Rewards.

About Us

At BMO, we are driven by a shared Purpose: Boldly Grow the Good in business and life. We aim to create lasting positive change for our customers, communities, and employees. We support your growth with training, coaching, and development opportunities.

Learn more at https://jobs.bmo.com/ca/en.

BMO is committed to an inclusive, equitable workplace. Accommodations are available upon request. To request accommodations, contact your recruiter.

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