Manager, Market Risk Capital
BMO Financial Group
Posted: April 17, 2026
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Quick Summary
The lead business analyst is responsible for performing in-depth analysis and design to support the FRTB trading desk quantitative risk requirements.
Required Skills
Job Description
Application Deadline:
04/30/2026
Address:
250 Yonge Street
Job Family Group:
Data Analytics & Reporting
Hybrid requirement: 3x per week in office (subject to change)
Description
As a member of the FRTB BAU team, the lead business Analyst is primarily responsible for performing in-depth analysis and design to support the FRTB trading desk quantitative risk requirements. The business analyst is expected to answer to the extended scope of projects, audit requirements, ad hoc requests and expansion of the team’s responsibilities and mandate in the risk infrastructure area.
Key Accountabilities
Responsibilities:
• Lead new initiatives end-to-end: Requirements elicitation in partnership with stakeholders; Solution design in consultation with technology partners (in-house and vendor); develop test strategy and test plan and perform User Acceptance test to ensure business and analytic requirements are correctly implemented
• Consult with stakeholders (front office, middle office, back office, credit) to understand the changes required; Ensure risk platforms used for risk capture are current and internally consistent; translate business requirements into development tasks, and ensure alignment of priorities
• Participate in the implementation process to ensure proper and timely implementation of system enhancements
• Prototyping with program language as of proof of concept or validation of system implementation of the business requirement related to data profiling, mapping, risk metrics calculation
• Manage the relationships with clients across the organization as well as with the vendor;
• Mentor and lead junior business analysts to deliver on projects
• Assist in the documentation of procedures, control processes, and policies relevant to internal controls.
• Identify opportunities for improvements within the market risk system infrastructure.
Qualifications
Must Have Skills:
• Strong analytic and troubleshooting skills with a solution oriented attitude
• Hands on experience in manual testing (test case design to ensure coverage and execution)
• Excellent oral and written Communication Skills as they need to interact with all levels in the management hierarchy (developer, Project Manager, VP, Director)
• Strong proficiency with Excel (used in manual testing and for daily reporting) and scripting language Python, SQL, C#, VBA.
Nice to Have Skills
• Minimum of 5 years of BA experience within Capital Markets or Risk management
• Understanding of financial products is preferable
• Broad understanding and experience with risk management methodologies, preferably in Market Risk
• Proven experience working on multiple large projects simultaneously
Salary:
$69,000.00 - $129,000.00
Pay Type:
Salaried
The above represents BMO Financial Group’s pay range and type.
Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.
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. To view more details of our benefits, please visit: 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.
To find out more visit us at https://jobs.bmo.com/ca/en.
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. To request accommodation, please contact your recruiter.
Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.