BMO Financial Group is seeking to solve the problem of executing accurate and efficient reporting solutions for risk, regulatory, and management information to internal and external stakeholders, including regulatory bodies. The goal is to support an efficient and effective risk management function that utilizes common information sources and practices, reduces costs, improves service levels, and minimizes risk.
Requirements
- Experience in financial accounting and data analytics (python/SQL/Excel) required
- Knowledge of risk management metrics, KPIs and KRIs.
- Knowledge of industry trends and regulatory requirements for risk reporting.
- Knowledge of risk management theory, processes and portfolio management reporting techniques.
- Knowledge of reporting & analytics concepts and applications.
- Knowledge of risk systems technology.
- Specialized knowledge from education and/or business experience.
Responsibilities
- Designs, develops, and implements reporting solutions to meet management and regulatory reporting requirements.
- Executes work to deliver timely, accurate, and efficient service for scheduled reporting production processes.
- Supports the maintenance, monitoring, and measurement of key risk indicators to internal & external stakeholders.
- Analyses data and information to provide risk-related insights and recommendations for the assigned portfolio e.g. capital at risk modeling, risk/return assessments, etc.
- Supports the interpretation of internal and external policies and regulatory requirements relevant to the analytics and reporting mandate e.g. regulatory reporting.
- Works with various data owners to discover and select available data sources from internal sources and external vendors (e.g. lending system, payment system, external credit rating system) to fulfill analytical needs.
- Analyzes data and highlights significant information including variances, trends, opportunities and exposures; escalates as required.
Other
- Provides advice and guidance to assigned business/group on implementation of analytical and reporting solutions.
- Ensures strong governance and effective controls across risk reporting activities and information in accordance with enterprise standards.
- Provides information and supports the process for internal and external audits.
- Supports development and execution of strategic initiatives in collaboration with internal and external stakeholders.
- Builds effective relationships with internal/external stakeholders.
