Manager, risk data innovation

Application Deadline:

05/15/2025

Address:

250 Yonge Street

Job Family Group:

Data Analytics & Reporting

Are you a problem solver with a consulting mindset, a passion for data, and a drive to deliver real business impact? BMO is looking for a Manager, Risk Data Innovation to join our team—someone who thrives in ambiguity, owns the conversation, and brings data-driven solutions to life. You'll join a dynamic, high-energy team that partners with market risk stakeholders to enable business growth through smart, scalable data solutions.

What You’ll Be Doing

In this hybrid, business-facing role, you’ll own the full product lifecycle:

1. Engage with cross-functional teams across trading desks and risk groups to understand their data needs.
2. Analyze ambiguous requirements and identify opportunities for value-driven data products.
3. Drive end-to-end solutions, from ideation and stakeholder alignment to production delivery.
4. Deliver high-quality outputs such as APIs, derived data services, and data products that directly support trading and risk decision-making.

What We’re Looking For

We want someone who can bridge the gap between business and technology, bringing both analytical rigor and strong interpersonal skills to the table.

Must-Haves:

• 2-3 years of experience in financial services, ideally in a Capital Markets or Risk context.
• Strong problem-solving skills and a proactive, consulting-style approach.
• Comfortable with Excel; Python knowledge is a plus (but not a blocker).
• Excellent communication and stakeholder management skills.
• A sense of ownership; you’re someone who gets things done.

Nice-to-Haves:

• CFA Level 1 or other finance-related coursework.
• Prior experience delivering data products in a matrixed organization.

Work Model & Culture

Hybrid: 2–3 days/week in our downtown Toronto office.

If you’re looking for your next dream job, consider this one in BMO’s Enterprise Risk Group where every colleague helps protect and grow the bank by providing independent review and oversight of enterprise-wide risks, working together to maintain a risk management framework and fostering a strong risk culture.

Responsibilities:

• Uses advanced analytical algorithms and technologies (e.g. machine learning, deep learning, artificial intelligence) to mine and analyze large sets of structured and unstructured data to obtain insights.
• Designs and constructs new processes for modeling data.
• Develops predictive models and leverages big data technology to design solutions that deliver smarter business decisions, improve customer experience, and drive productivity.
• Collaborates with other data and analytics professionals and teams to optimize, refine and scale analysis into mature analytics solutions.
• Plays an active role in the futuristic display of data, and advancement of innovative data strategies to understand consumer trends and address business problems.
• Uses data mining and extracting usable data from valuable data sources to assess feasibility of AI/ML solutions for improved processing and usage of organization data.
• Conducts large-scale analysis of information to discover patterns and trends by combining different modules and algorithms.
• Uses analysis to provide recommendations and advice for business leaders to maintain market competitiveness.
• Develops prediction systems and machine learning algorithms. Investigates additional technologies and tools for developing innovative data solutions for business stakeholders.
• Collaborate together with the product team and partners to understand and provide data-driven decision making, business planning and future roadmap.
• Focus is primarily on business/group within BMO; may have broader, enterprise-wide focus.
• Provides specialized consulting, analytical and technical support.
• Exercises judgment to identify, diagnose, and solve problems within given rules.
• Works independently and regularly handles non-routine situations.
• Broader work or accountabilities may be assigned as needed.

Qualifications:

Intermediate level of proficiency:

• Mathematics, statistics & operations research.
• Deep learning.
• Machine learning.
• Trust, bias and ethics.
• Creative thinking.
• Critical thinking.

Advanced level of proficiency:

• Big data.
• Data visualization.
• Computational thinking and programming.
• Data wrangling.
• Data preprocessing.
• Creative reasoning.
• Verbal & written communication skills.
• Collaboration & team skills.
• Analytical and problem-solving skills.
• Influence skills.
• Data-driven decision making.
• Typically between 5 - 7 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
• Deep knowledge and technical proficiency gained through extensive education and business experience.

Salary:

$81,600.00 - $151,200.00

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.

Benefits:

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: Total Rewards

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 Careers.

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

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.