Manager of Structural Market Risk Oversight

2 weeks ago


Chicago, Illinois, United States Bank of Montreal Full time
Position Overview:

As a key member of the risk management team, you will be responsible for overseeing market risk for a designated portfolio. Your role will involve developing and maintaining a robust market risk management framework that ensures effective governance and compliance across the organization.

Key Responsibilities:
  • Conduct thorough analysis of risk metrics, including Economic Value of Equity and Earnings at Risk, to assess the impact of market changes.
  • Monitor and report on Structural Market Risk limits, ensuring any deviations are promptly investigated and addressed.
  • Prepare comprehensive presentations for senior leadership, facilitating strategic discussions on market risk positions.
  • Act as a trusted advisor to business units, influencing decision-making to align with organizational objectives.
  • Identify emerging trends and issues to support informed decision-making and strategic planning.
  • Collaborate with internal and external stakeholders to execute strategic initiatives effectively.
  • Automate validation processes to enhance efficiency and accuracy in risk assessments.
  • Develop analytical solutions that align with business strategies and stakeholder needs.
  • Utilize advanced statistical techniques and programming skills to create well-structured datasets for analysis.
  • Document processes and data flows to improve operational efficiency and support analytical use cases.
Qualifications:
  • 5-7 years of relevant experience in risk management or a related field.
  • Experience in a financial institution, particularly in Asset/Liability Management.
  • Strong knowledge of Quantitative Risk Management principles.
  • Post-secondary degree in Finance, Mathematics, Statistics, or a related discipline.
  • Professional designation in Finance or Risk Management is advantageous.
  • Exceptional analytical, problem-solving, and communication skills.
  • Ability to work independently and manage complex situations effectively.
Compensation:

Competitive salary and comprehensive benefits package, including health insurance, retirement savings plans, and performance-based incentives. BMO is committed to fostering an inclusive and equitable workplace, ensuring all employees feel valued and respected.

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