Intraday Liquidity Quant Analyst

BMO U.S.; Chicago (IL); On-site; USD 65,000 - 140,000; Full time

Benefits offered by this job

Health insurance

Tuition reimbursement

Accident and life insurance

Retirement savings plans

Job summary

BMO Financial Group is seeking a quantitative risk modeller in Chicago to develop and implement models for measuring market risk across portfolios and products. You will collaborate with internal stakeholders to support risk management practices and governance.

Responsibilities include data acquisition automation, reporting, and stress testing in alignment with risk frameworks. Strong Excel/SQL skills and a finance or risk-related degree are expected.

Qualifications

• 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.
• Degree in Finance, Computer Science, Economics or Risk Management preferred
• Technical proficiency gained through education and/or business experience.
• Strong knowledge of Excel, Access, SQL, VBA.
• Verbal & written communication skills - In-depth.
• Collaboratio n & team skills - In-depth.
• Analytical and problem solving skills - In-depth.

Responsibilities

• Develops solutions and makes recommendations based on an understanding of the business strategy and stakeholder needs.
• Provides input to policy positions with respect to structural market risk programs considering legislative requirements.
• Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.
• Documents data flow, systems and processes in data collection to improve efficiency; advances automation of processes.
• Develops analytical solutions, models and methodologies used to manage risks related to the Bank’s portfolios and products e.g. valuations; hedging strategies, customer behaviour models, performance measurement, etc.
• Monitors the financial market environment and model performance impacts for optimal execution of risk strategies.
• Works with businesses to perform enterprise wide stress testing of the bank’s Net Interest Income.
• Researches industry best practices with respect to structural market risk modeling and methodology.

Skills

Analytical skills

Communication

Collaboration

Problem solving

Data-driven decision making

Influence

Education

Degree in Finance, Computer Science, Economics or Risk Management

Tools

Excel

Access

SQL

VBA

Job description

BMO Financial Group is seeking a quantitative risk modeller in Chicago to develop and implement models for measuring market risk across portfolios and products. You will collaborate with internal stakeholders to support risk management practices and governance.

Responsibilities include data acquisition automation, reporting, and stress testing in alignment with risk frameworks. Strong Excel/SQL skills and a finance or risk-related degree are expected.