Risk Analyst - Expert

Post Date

Oct 13, 2022

Location

Toronto,
Ontario

ZIP/Postal Code

M5B 2L7
Canada
Sep 14, 2025 Insight Global

Job Type

Contract

Category

Analyst

Req #

VMS-BMO-44328-1

Who Can Apply

  • Candidates must be legally authorized to work in Canada

Job Description

Position Title: Sr Risk Analyst
Start Date: Nov 1 2022
End Date: June 1 2023
Bill Rate: 85

General Accountabilities:
  • Responsible for incorporating risk analysis of daily line of business trading exposures and other various ad hoc requests into informative and communicative Committee Legal Entity External and Regulatory reports.
  • Maintenance development and implementation of spreadsheets and presentations to ensure all market risk measures and sensitivities from trading and underwriting activities are quantified and reported accurately in consultation with both Market Risk and other BMO stakeholders.
  • Assist with the development and management of new reporting initiatives and commensurate system enhancements to ensure appropriate capture and disclosure of relevant risks such as VaR stressed VaR stress risk sensitivities and concentrations.
  • Ensure production analysis and disclosure of Market Risk Economic Capital is appropriately and effectively managed.
  • Document and manage operational procedures control processes and policies relevant to internal controls.
    _____________________________________________________________________________________

    Specific Accountabilities:
    A. Operations:
  • Manage the specifications and development for Committee Legal Entity External and Regulatory reporting to ensure appropriate capture and presentation of all risks for relevant disclosure reports.
  • Assist in the testing of the respective desk level risk systems to ensure appropriate trade capture in consultation with other stakeholders of Market Risk and TD Technology Department as enhancements occur to trade booking source systems that feed into risk capture systems in relation to the risk reporting structure.
  • Ensure transparent and effective management of Market Risk Economic Capital disclosures.
  • Effective management of system access and permissioning for key Reporting platforms
  • Assist in the investigation and resolution of risk measurement and operational issues arising from incorrect position/data feeds system specific access issues and reporting templates.
  • Report to the Manager Risk Reporting any anomalous risk results or metrics that may result in inappropriate exposure levels.

    B. Management:
  • Be integral part of team and assist management in ensuring a high performance working environment within group.
  • Ensure alignment of tasks and deliverables with Reporting group objectives through effective planning and interaction with management and other respective stakeholders.
  • Identify and promote ongoing enhancements to reports to improve disclosure transparency and ensure clear messaging.

    C. Stakeholder Relationships:
  • Liaise with Market Risk Oversight to have a clear understanding of line of business objectives translate business requirements into development tasks and ensure alignment of priorities between Risk Analytics and Reporting and Risk Oversight so that objectives/priorities are realized.
  • Manage the implementation of operational system and model improvements against agreed timelines with stakeholders from the Line of Business Finance Market Risk or Technology and Operations and escalate to Director Reporting Infrastructure any planned or unexpected events that may adversely impact timelines.
  • Assist senior management in ad hoc risk analysis to support Risk Oversight and the Line of Business.

    Knowledge and Skills
  • 8 - 10 years of related work experience preferably in a related risk management capacity
  • Understanding and experience with risk management methodologies particularly measurement of VaR sensitivities and stress testing with an ability to leverage these skills in a solution based approach.
  • Knowledge of SQL a must.
  • Understanding and knowledge of capital markets and financial products linear and non linear in nature for all asset classes.
  • Demonstrated aptitude to work in a self-directed manner on projects
  • Strong analytic and troubleshooting skills.
  • Demonstrated computer aptitude
  • Excellent communication skills oral written and presentation based.
  • Ability to accommodate shifting priorities and manage to tight deadlines
  • Undergraduate degree in either Finance or Math or Applied Math discipline post graduate degree in relevant field or CMA CA CFA CGA CPA designation would be an asset.

    Job Title: Operations Specialist
    Mandate:
    Accountable for the effective implementation of operational performance and process management with potential for team lead responsibilities within the Listed Derivatives Operations Group. Act as the escalation point for operational issues related to trade settlement allocations breaks regulatory reporting as well as delivery and expiration. And serve as a specialist during month end functions such as Ledger posting and balancing credit reporting trial balance reconciliation and position/cash adjustments.
    Knowledge:
    1. Rolfe Nolan - ION Trading
    2. ICE Clear Canada
    3. CFTC
    4. CDCC/SOLA
    5. ME: LOPR
    6. IIROC Regulatory Reporting
    7. Futures Clearing
    8. Futures Settlement
    9. Credit Compliance
    10. Account Opening Requirements
    11. Trade Allocation
    12. Accounts Receivable/Payable reconciliation
    13. Give Up Agreements and Invoicing.
    14: US Audit Exchanges.
    Functions:
    1. Closeouts 2. Give in/Give out trades
    3. Trade Allocations
    4. Trade Breaks and position transfers
    5. EFP/EFR/EOO transactions
    6. Calls for Intentions position reporting
    7. FIFO Reporting at expiry
    8. Delivery Options Expiry
    9. Month end FX recs and balance management
    10. GL balancing and posting
    11. Credit Reporting
    12. FIDER Interest Reporting
    13. Trial Balance Reporting/Management
    14. Trader EH Adjustment
    Skills:
    1. Strong analytical and problem-solving skills with ability to analyze a component or components of a process to optimize system functionality
    2. Strong decision-making skills
    3. Tolerance and flexibility for resolving ambiguities
    4. Strong change management skills
    5. Strong prioritization skills
    6. Strong planning skills re finance resource strategy business
    7. Solid risk management skills
    8. Strong customer service and relationship management skills
    9. Strong facilitation/ presentation skills
    10. Strong conflict management/ resolution skills
    11. Coaching mentoring and training skills
    12. Strong teamwork and team leadership skills
    13. Strong written and oral communication skills with the capability to present and articulate complex concepts
    14. Strong multi-tasking skills covering a wide range of challenges which are independent and distinct
    15. Ability to translate business requirements into system solutions according to Bank standards
    16. Ability to document requirements acceptance test plans conversion and implementation plans
    17. Ability to support FO

    • Benefit packages for this role will start on the 31st day of employment and include medical, dental, and vision insurance, as well as HSA, FSA, and DCFSA account options, and 401k retirement account access with employer matching. Employees in this role are also entitled to paid sick leave and/or other paid time off as provided by applicable law.

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