Senior Market Risk Oversight & Governance Specialist

Bank N.A.; Chicago (IL); On-site; USD 139,000 - 247,000; Full time

Job summary

BMO Financial Group in Chicago, IL is seeking a Senior Specialist-IC Market Risk Oversight & Governance I to lead market risk oversight, monitoring and reporting for a designated portfolio. You will develop and maintain the market risk framework and collaborate with stakeholders to implement policies and controls.

The role requires advanced degree with 5+ years of experience or 7+ with Bachelor's, strong ability to produce ad-hoc dashboards, risk reports and manage governance meetings.

Qualifications

• Master's degree in Business, Analytics, Data Science or related field; foreign education equivalent accepted.
• Bachelor's degree in Business, Analytics, Data Science or related field; foreign education equivalent accepted.
• Experience: overseeing portfolio market risk, developing risk framework, ensuring compliance, and providing strategic reports and recommendations.

Responsibilities

• Provide market risk oversight, monitoring and reporting for designated portfolios.
• Develop and maintain market risk management framework, governance, policies, standards, methodologies and controls.
• Design and produce regular and ad-hoc reports and dashboards for internal and external stakeholders.
• Coordinate governance meetings, change management programs, and assess risk governance performance.

Skills

Market risk oversight

Risk reporting

Governance framework

Stress testing

Regulatory compliance

Education

Master's degree or equivalent in Business/Analytics/Data Science

Bachelor's degree or equivalent in Business/Analytics/Data Science

Tools

Bloomberg

SQL queries

Financial modeling

Job description

BMO Financial Group in Chicago, IL is seeking a Senior Specialist-IC Market Risk Oversight & Governance I to lead market risk oversight, monitoring and reporting for a designated portfolio. You will develop and maintain the market risk framework and collaborate with stakeholders to implement policies and controls.

The role requires advanced degree with 5+ years of experience or 7+ with Bachelor's, strong ability to produce ad-hoc dashboards, risk reports and manage governance meetings.