BMO U.S.
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VP Risk ID, Emerging Risks & Scenarios
role at
BMO U.S.
Responsibilities
Develop and implement a target state emerging risks identification, assessment and monitoring process and reporting that is comprehensive, efficient, structured and is rooted in comprehensive sourcing, what‑if scenarios and full integration with risk inventory/material risks to deliver dynamic, insightful and actionable emerging risk reporting including early warning indicators.
BAU management of monthly emerging risks process by:
being a key point of contact and trusted partner for stakeholders that ensures a highly transparent, efficient and structured process/playbook is being executed and
delivering quality‑controlled, insightful and actionable reporting to management committees and the Board.
Develop and implement a robust central system/tool to document, update, store and report on emerging risk external sources, emerging risks inventory and early warning indicators.
Qualifications
7+ years of relevant Emerging Risks & Events experience at large financial institutions (preferably Global Systemically Important Banks (GSIBs), or Domestic Systemically Important Banks (DSIBs)).
In depth / Expert knowledge of economics, risk management, modeling/forecasting, and/or stress testing.
Knowledge of banking products, including credit and non‑credit experience, economics and financial markets.
In-depth / Expert communication and relationship management skills.
In-depth / Expert ability to manage multiple priorities with effective planning and organizing skills.
In-depth / Expert verbal & written communication skills.
In-depth / Expert analytical and problem‑solving skills.
In-depth / Expert influence skills.
In-depth / Expert collaboration & team skills; with a focus on cross‑group collaboration.
In-depth / Expert ability to manage ambiguity.
Develop and implement a highly efficient, consistent and insightful process to map existing and proposed emerging risks to material risks to understand risk inventory coverage and understanding of new and/or evolving emerging risks.
Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to problems that can be complex and non‑routine.
Implements changes in response to shifting trends.
Fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behaviours in all that they do.
Ensures alignment between values and behaviour that fosters diversity and inclusion.
Regularly connects work to BMO's purpose, sets inspirational goals, defines clear expected outcomes, and ensures clear accountability for follow through.
Salary $102,000.00 - $190,000.00
Pay Type Salaried
Benefits BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. View more details: https://jobs.bmo.com/global/en/Total-Rewards
About Us At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.
As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network‑building opportunities, we’ll help you gain valuable experience, and broaden your skillset.
Seniority Level Not Applicable
Employment Type Full‑time
Job Function Finance and Sales
Industries Banking
Referrals increase your chances of interviewing at BMO U.S. by 2x
BMO is proud to be an equal employment opportunity employer.
We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristics. We also consider applicants with criminal histories, consistent with applicable federal, state and local law.
BMO is committed to working with and providing reasonable accommodations to individuals with disabilities.
If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e‑mail to BMOCareers.Support@bmo.com and let us know the nature of your request and your contact information.
#J-18808-Ljbffr
VP Risk ID, Emerging Risks & Scenarios
role at
BMO U.S.
Responsibilities
Develop and implement a target state emerging risks identification, assessment and monitoring process and reporting that is comprehensive, efficient, structured and is rooted in comprehensive sourcing, what‑if scenarios and full integration with risk inventory/material risks to deliver dynamic, insightful and actionable emerging risk reporting including early warning indicators.
BAU management of monthly emerging risks process by:
being a key point of contact and trusted partner for stakeholders that ensures a highly transparent, efficient and structured process/playbook is being executed and
delivering quality‑controlled, insightful and actionable reporting to management committees and the Board.
Develop and implement a robust central system/tool to document, update, store and report on emerging risk external sources, emerging risks inventory and early warning indicators.
Qualifications
7+ years of relevant Emerging Risks & Events experience at large financial institutions (preferably Global Systemically Important Banks (GSIBs), or Domestic Systemically Important Banks (DSIBs)).
In depth / Expert knowledge of economics, risk management, modeling/forecasting, and/or stress testing.
Knowledge of banking products, including credit and non‑credit experience, economics and financial markets.
In-depth / Expert communication and relationship management skills.
In-depth / Expert ability to manage multiple priorities with effective planning and organizing skills.
In-depth / Expert verbal & written communication skills.
In-depth / Expert analytical and problem‑solving skills.
In-depth / Expert influence skills.
In-depth / Expert collaboration & team skills; with a focus on cross‑group collaboration.
In-depth / Expert ability to manage ambiguity.
Develop and implement a highly efficient, consistent and insightful process to map existing and proposed emerging risks to material risks to understand risk inventory coverage and understanding of new and/or evolving emerging risks.
Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to problems that can be complex and non‑routine.
Implements changes in response to shifting trends.
Fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behaviours in all that they do.
Ensures alignment between values and behaviour that fosters diversity and inclusion.
Regularly connects work to BMO's purpose, sets inspirational goals, defines clear expected outcomes, and ensures clear accountability for follow through.
Salary $102,000.00 - $190,000.00
Pay Type Salaried
Benefits BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. View more details: https://jobs.bmo.com/global/en/Total-Rewards
About Us At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.
As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network‑building opportunities, we’ll help you gain valuable experience, and broaden your skillset.
Seniority Level Not Applicable
Employment Type Full‑time
Job Function Finance and Sales
Industries Banking
Referrals increase your chances of interviewing at BMO U.S. by 2x
BMO is proud to be an equal employment opportunity employer.
We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristics. We also consider applicants with criminal histories, consistent with applicable federal, state and local law.
BMO is committed to working with and providing reasonable accommodations to individuals with disabilities.
If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e‑mail to BMOCareers.Support@bmo.com and let us know the nature of your request and your contact information.
#J-18808-Ljbffr