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Manager, Market Risk Capital

BMO10 days ago
Verified
Toronto, ON
CA$69,000 - CA$129,000/year
Mid Level
Full-time

Top Benefits

Health insurance
Tuition reimbursement
Accident and life insurance

About the role

Description

Application Deadline:

Address: 250 Yonge Street

Job Family Group: Data Analytics & Reporting

The Manager, Market Risk Capital will play a key role in the accurate and timely reporting of FRTB capital, in-depth portfolio analytics, methodology deep dives, and rule change prototyping/impact assessment.

Responsibilities include

  • Development of applications/tools to streamline data analytics, reporting capabilities and other ad-hoc requests
  • Review, implement and update ad-hoc features of FRTB aggregation and analytics tools as requested by stakeholders
  • Prototype new capital rules and provide stakeholders with impacts of changes, key drivers, potential mitigating actions, etc.
  • Participate in capital deep dives for various trading desks or strategies, provide tools and results involved in investigations
  • Respond to Market Risk Oversight and Front Office enquiries on capital footprint, calculation methodology, risk factor mapping details, etc.
  • Provide in-depth analysis of changes in FRTB capital to stakeholders
  • Produce and deliver necessary FRTB related regulatory reporting items in a timely and accurate manner

Qualifications

  • Bachelor's/Master's degree in Mathematics, Physics, Actuarial Science, Financial Engineering, or related field, with 3+ years working experience in a quantitative role
  • Strong programming skills (Python, SQL, VBA, etc.)
  • In-depth knowledge of market risk management metrics
  • Product knowledge across a broad range of asset classes
  • In-depth knowledge of risk management and pricing theory
  • Analytical mindset, strong attention to detail, and ability to communicate complex concepts clearly
  • Capable to deliver robust, well-tested solutions within tight deadlines

About BMO

Financial Services
10,000+

At BMO, banking is our personal commitment to helping people at every stage of their financial lives.

The truth is, people’s needs change: so we change too. But we never change who we are. Which means we’ll never waiver from providing our customers the best possible banking experience in the industry.

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