Manager, Regulatory & Economic Capital

As part of the Risk Capital team in Credit Risk Management (CRM) within Enterprise Risk and Portfolio Management (ERPM), the incumbent is responsible for on-going analysis of Regulatory and Economic Capital trends and metrics and acting as subject matter expert for Capital Demand to facilitate the development of portfolio management and capital optimization strategies.

60% Capital Analytics

• Conduct timely and accurate analysis of the monthly enterprise regulatory and economic capital submissions focusing on both Internal Capital Adequacy Assessment Process (ICAAP) and Basel Capital Adequacy (BCAR) review.
• Produce regular and ad-hoc reports to explain period over period changes in RWA and Economic Capital. Engage and communicate with Business, Risk, Finance and Technology partners to identify major drivers of the changes and lead execution of both short term and permanent solutions.
• Work with other teams in Risk such as Stress Testing and Portfolio Management and perform capital impact analysis under stressed scenarios.

20% Production Support

20% Methodology and Models Support

Qualifications

Salary : $82,800.00 - $154,800.00

Pay Type : Salaried

BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans.

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.

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process.

#J-18808-Ljbffr