Credit Risk Data Analyst

Bank of Montreal; Toronto; On-site; CAD 54,000 - 102,000; Full time

Job summary

An established industry player is seeking a skilled Data Analyst to support risk management and reporting solutions. In this role, you will analyze data, provide insights, and design reporting solutions that meet regulatory requirements. You will collaborate with various stakeholders to enhance data accuracy and governance while maintaining operational procedures. This position offers the opportunity to work independently on complex tasks and contribute to strategic initiatives. Join a forward-thinking company that values innovation and growth, and make a meaningful impact in the financial sector.

Qualifications

• 4-6 years of relevant experience with a related degree or equivalent experience.
• Programming experience with SAS, Python, or R.
• Knowledge of risk management metrics and regulatory reporting.

Responsibilities

• Analyzes data and provides insights for risk management.
• Designs and implements reporting solutions for management requirements.
• Collaborates with data owners to identify analytical needs.

Skills

SAS

Python

R

Risk Management Metrics

Analytical Skills

Communication Skills

Collaboration

Problem-Solving

Data-Driven Decision Making

Education

Related Degree

Job description

Application Deadline:

Address: 100 King Street West

Job Family Group:

Data Analytics & Reporting

Supports the execution of accurate and efficient reporting solutions for risk, regulatory, and management information to internal and external stakeholders, including regulatory bodies. Supports an efficient risk management function that uses common information sources and practices, reduces ongoing costs, increases service levels, and minimizes risk.

1. Breaks down strategic problems, analyzes data, and provides insights and recommendations.
2. Acts as a resource for team members with less experience.
3. Leads or assists with the maintenance, monitoring, measurement, and reporting on risk reporting strategies' performance.
4. Designs, develops, and implements reporting solutions to meet management and regulatory requirements.
5. Provides advice and guidance on analytical and reporting solutions.
6. Ensures timely, accurate, and efficient delivery of scheduled reports.
7. Supports the monitoring of key risk indicators for stakeholders.
8. Analyzes data for risk insights, including modeling and assessments.
9. Interprets policies and regulatory requirements relevant to analytics and reporting.
10. Collaborates with data owners to identify data sources for analytical needs.
11. Maintains governance and controls across risk reporting activities.
12. Highlights significant data variances, trends, opportunities, and exposures.
13. Supports audit processes with relevant data and reports.
14. Prepares and formats data into reports and dashboards.
15. Participates in strategic initiatives with stakeholders.
16. Builds effective stakeholder relationships.
17. Maintains operational procedures for analytical and reporting processes.
18. Develops tools and training to enhance understanding of risk data.
19. Ensures accuracy of risk data in core business processes.
20. Organizes work to ensure data accuracy and completeness.
21. Focuses primarily on business within BMO, with potential enterprise-wide scope.
22. Uses judgment to identify, diagnose, and solve problems.
23. Works independently on complex tasks, including unique situations.
24. Additional responsibilities may be assigned as needed.

Qualifications:

• Typically 4-6 years of relevant experience with a related degree or equivalent experience.
• Programming experience with SAS, Python, or R.
• Knowledge of risk management metrics, KPIs, and KRIs.
• Understanding of industry trends and regulatory reporting requirements.
• Product knowledge relevant to the business/portfolio.
• Knowledge of risk management theories, processes, and reporting techniques.
• Familiarity with reporting and analytics concepts and systems.
• Technical proficiency through education and experience.
• Excellent verbal and written communication skills.
• Strong collaboration and teamwork skills.
• Deep analytical and problem-solving skills.
• Effective influence skills.
• Data-driven decision-making capabilities.

Salary:

$54,500.00 - $101,500.00

Pay Type:

Salaried

Salaries vary based on factors such as location, skills, experience, education, and may include incentives and bonuses. Part-time salaries are pro-rated. Total compensation may include performance incentives, bonuses, benefits, insurance, and retirement plans. More details at https://jobs.bmo.com/global/en/Total-Rewards.

About Us:

At BMO, our purpose is to "Boldly Grow the Good" in business and life. We aim to create positive change for our customers, communities, and employees. We foster a culture of innovation, support, and growth, providing tools and resources to help you succeed and make an impact.

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

BMO is committed to diversity, equity, and accessibility. Accommodations are available upon request during the recruitment process. To request support, contact your recruiter.

Note: BMO does not accept unsolicited resumes. Resumes should be submitted directly by candidates or through authorized agencies with a valid contract.