Structural Market Risk Oversight Manager

2 weeks ago


Chicago, Illinois, United States Bank of Montreal Full time

Manager, Structural Market Risk Oversight

Location:
Chicago, IL, USA

Employment Type:
Full-time

Job Family Group:
Audit, Risk & Compliance

Key Responsibilities:

  • Evaluate risk indicators such as Economic Value of Equity, PV01, and Earnings at Risk stemming from modeling, interest rate, and balance sheet fluctuations.
  • Oversee and communicate Structural Market Risk thresholds established by the organization.
  • Create and deliver presentations on the Structural Market Risk status for executive management.
  • Serve as a reliable consultant and influence key stakeholders to meet organizational goals.
  • Propose and execute solutions based on thorough analysis of challenges.
  • Formulate strategic initiatives and pinpoint emerging issues and trends.
  • Facilitate the execution of strategic objectives and prioritize business needs.
  • Streamline validation processes and enhance operational efficiency.
  • Cultivate relationships with internal and external stakeholders to ensure cohesive alignment.
  • Process, manipulate, and transform data for model training and validation purposes.
  • Conduct analyses before and after implementation to assess business impact.
  • Contribute to the planning and execution of operational programs.

Qualifications:

  • 5-7 years of relevant experience with a postsecondary degree in a related field or equivalent.
  • At least 3 years of experience in a Financial Institution with knowledge of Asset/Liability Management.
  • Familiarity with Quantitative Risk Management (QRM) is preferred.
  • A postsecondary degree in Finance, Mathematics, Statistics, Quantitative Analysis, or Engineering.
  • Professional certification in Finance or Risk Management is advantageous.
  • Strong verbal and written communication, collaboration, analytical, problem-solving, influencing, and data-driven decision-making skills.

Salary:
$94,000 - $174,900.00

Pay Type:
Salaried

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