VP, Global Finance Risk / Prime Services Risk

Bank N.A.; New York (NY); On-site; USD 180,000 - 250,000; Full time

Job summary

BMO Capital Markets is seeking a Vice President in Global Finance Risk based in New York. The role focuses on managing risk across prime brokerage, counterparty credit, and firm-wide risk governance, including stress testing and scenario analysis to support the business.

The incumbent will collaborate with trading, credit, and front-office teams to ensure robust risk coverage, margin methodologies, and regulatory responses.

Qualifications

• BS in Quantitative Finance, Financial Engineering or related discipline.
• 5–7 years of experience in risk management or allied fields.
• Experience with margin methodologies, stress testing and risk analytics.

Responsibilities

• Daily management of client portfolio exposures and counterparty-related risk issues.
• Support risk framework development, including margin methodologies and analytics.
• Collaborate with Sales, Trading, Credit Risk, Market Risk and Control functions to manage risk.
• Perform stress testing and scenario analysis for the business.
• Onboard new clients and manage risk terms and platform exposure.

Skills

Risk management

Counterparty risk

Stress testing

Financial analysis

Cross-functional collaboration

Education

Bachelor's degree in Quantitative Finance / Financial Engineering / Finance or Statistics

Job description

Application Deadline: 11/29/2026

Address: 151 W 42nd Street

Job Family Group: Capital Mrkts Sales & Service

BMO Capital Markets is a leading, full-service financial services provider. We offer corporate and investment banking, treasury management, as well as research and advisory services to clients around the world. #bmocapitalmarkets

We are looking to bring on a VP into our Global Finance Risk team, to be based out of the New York office.

This person will be responsible for managing risk across prime, counterparty credit, and business and developing the risk framework, which includes margin risk methodologies. The person will also collaborate across teams, including trading, credit, market risk, counterparty, and the front office to work cohesively and collaboratively to ensure all risk coverage. They will also be responsible for stress testing and scenario analysis for the business.

The role provides direct risk oversight of a business supporting sophisticated counterparties and structured financing activity. Responsibilities extend beyond routine monitoring and require both technical risk expertise and sound judgment.

The resource would be expected to:

• Support the counterparty and platform risk management of BMO's cash and synthetic Prime Brokerage and Equity Delta One business lines
• Solutions-oriented client engagement throughout the lifecycle of a client
• First line of defense in risk managing credit risk and monitoring platform exposure
• Generation of key risk analytics and development of new tools to support insights and emerging risk trends
• Understanding market and credit risks within Prime products and effectively communicating to senior management and control functions
• Evolving the risk framework and other risk governance items to ensure a proper control environment and strategic platform development
• Support senior team members in responses to Regulatory inquiries and periodic requests
• Key in-business coverage for emerging counterparty risk events and crisis management
• Contributes to growing / elevating the BMO and BMO Capital Market Prime Brokerage brand with a commitment to and presence in the community
• Balances the Bank's risk appetite with the client needs in making recommendations/proposals
• Manages firm's risk and takes action to reduce exposure in developing and delivering client strategies
• Take measured risks while protecting the bank by applying our Risk Management Framework in the execution of your role, in line with our Risk Culture and within our approved Risk Appetite, making sound and risk informed decisions that align to business strategy, protect assets, and adhere to applicable policy documents (Frameworks, Policies, Standards, Procedures and Supporting documents), laws and regulations.

Job Background / Context:

Global platform includes Prime Brokerage and Swap offerings across US, Canada and the UK.

Client portfolios comprise of a broad range of asset classes and investment strategies, including: Equities (incl. Common Stock, ETFs, ADRs, MLPs, REITs), Corporates (IG & HY), Convertible Bonds, Options & Indexes

Hedge fund and real money counterparties

Key Responsibilities:

• Daily management of client portfolio exposures and counterparty-related risk issues
• Support of operational risk and platform trade processing associated with client counterparty risks
• Participation in prospective client pitches and term negotiations, modeling commercial risk terms and constructing incentives to support strategic, risk-efficient returns growth through ongoing client dialogue
• High level of engagement with Sales, Trading and other members of the business as it relates to client management and ongoing business initiatives
• Thoughtful and complete analysis and communication of risk concerns both internally within the business and among control function partners
• Identifying and escalating emerging risks - credit, market, operational or legal - to senior management and Global Finance management. Continuously assessing and adapting to new products and market stress events and proactively proposing risk solutions
• Facilitating new client trades and managing existing portfolio exposures to ensure that risks, primarily market-driven counterparty risk, but also documentation, legal and reputational risks are well-controlled
• Work closely with Counterparty Credit, Credit Risk Management and other key stakeholders on onboarding of new clients, implementation of margin methodology, as well as maintaining ongoing dialogue and promptly escalating issues with existing clients
• Develop strategic risk solutions, analytics and platform enhancements to help advance BMO's competitive advantage
• Maintain a positive culture within the team by cultivating a productive and collaborative work environment
• Ensure full compliance with risk procedures and other Global Finance or Global Markets policies

Qualifications:

B.S. - Quantitative Finance, Financial Engineering, Finance / Statistics or related discipline.

Between 5 - 7 yea