Vice President – Risk Identification and Emerging Events & Scenarios
| Company | Bank of Montreal |
|---|---|
| Location | Chicago, IL, USA, Charlotte, NC, USA, New York, NY, USA |
| Salary | $100000 – $185500 |
| Type | Full-Time |
| Degrees | Master’s, MBA |
| Experience Level | Senior, Expert or higher |
Requirements
- Strong technical foundation in data science, statistics, quantitative modeling, machine learning, AI, economics etc..
- Approximately 5+ years of experience (including graduate-level work); MBAs or Master’s in technical fields
- Strong communication and relationship building skills
- Passionate, proactive, and eager to contribute meaningfully
Responsibilities
- Develop and implement a highly efficient, consistent and insightful target state credit, counterparty, market and liquidity & funding risk inventory identification and assessment process across all applicable operating groups, LoBs and assessment units by integrating with existing BAU stress forecasting processes by working diligently with our 1st and 2nd LoD partners.
- Develop and implement a highly efficient, consistent and insightful process to map existing and proposed emerging risks to above mentioned risk types to understand risk inventory coverage and understanding of new and/or evolving emerging risks.
- Support the development and implementation of a highly efficient, consistent and defensible process to map material risks to stress test scenarios
- Support the development and implementation of an efficient and consistent target state integration of material risks with Risk Appetite
- Support the development and implementation of target state integration of machine learning and artificial intelligence into Risk ID & Emerging Risks to improve risk assessments, risk indicators and scenarios.
Preferred Qualifications
- Proficiency in Python, R, SQL, or similar tools used for modeling and analysis
- Proficiency in financial modeling or risk management concepts
- Strong academic background from top-tier programs