Climate Risk Reporting Analyst, Winter 2027 (Co-op/Internship) - 4 Months

BMO•Toronto, ON

29d•CA$56,000 - CA$103,500•Onsite

About The Position

The ideal candidate will focus on supporting the broader team with project based work. Conducting research and compiling reports on various climate risk impact areas and initiatives while tracking and mapping BMO's exposure in the area of Climate Risk. Supports the execution of accurate and efficient reporting solutions for risk, regulatory and management information to internal and external stakeholders including regulatory bodies. Supports an efficient and effective risk management function which uses common information sources and practices, reduces ongoing costs, increases service level performance and minimizes risk. Breaks down strategic problems, and analyses data and information to provide insights and recommendations. Acts as a resource for team members with less experience. Leads or assists with the maintenance, monitoring, measurement & reporting on the status of the risk reporting strategies performance. Designs, develops, and implements reporting solutions to meet management and regulatory reporting requirements. Provides advice and guidance to assigned business/group on implementation of analytical and reporting solutions. Executes work to deliver timely, accurate, and efficient service for scheduled reporting production processes. Supports the maintenance, monitoring, and measurement of key risk indicators to internal & external stakeholders. Analyses data and information to provide risk-related insights and recommendations for the assigned portfolio e.g. capital at risk modeling, risk/return assessments, etc. Supports the interpretation of internal and external policies and regulatory requirements relevant to the analytics and reporting mandate e.g. regulatory reporting. Works with various data owners to discover and select available data sources from internal sources and external vendors (e.g. lending system, payment system, external credit rating system) to fulfill analytical needs. Ensures strong governance and effective controls across risk reporting activities and information in accordance with enterprise standards. Analyzes data and highlights significant information including variances, trends, opportunities and exposures; escalates as required. Provides information and supports the process for internal and external audits. Gathers and formats data into regular and ad-hoc reports, and dashboards. Supports development and execution of strategic initiatives in collaboration with internal and external stakeholders. Builds effective relationships with internal/external stakeholders. Supports the maintenance of operational procedures and processes related to analytical and reporting processes. Supports the development of tools and delivery of training focused on awareness and understanding of key data elements used in risk reporting. Participates in the design, implementation and management of core business processes to ensure the accuracy of risk data used in reporting. Organizes work information to ensure accuracy and completeness. Focus is primarily on business/group within BMO; may have broader, enterprise-wide focus. Exercises judgment to identify, diagnose, and solve problems within given rules. Works independently on a range of complex tasks, which may include unique situations. Broader work or accountabilities may be assigned as needed. Take measured risks while protecting the bank by applying our Risk Management Framework in the execution of your role, in line with our Risk Culture and within our approved Risk Appetite, making sound and risk informed decisions that align to business strategy, protect assets, and adhere to applicable policy documents (Frameworks, Policies, Standards, Procedures and Supporting documents), laws and regulations.

Requirements

Typically between 1-2 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
Knowledge of risk management metrics, KPIs and KRIs.
Knowledge of industry trends and regulatory requirements for risk reporting.
Product knowledge for the designated business/portfolio.
Knowledge of risk management theory, processes and portfolio management reporting techniques.
Knowledge of reporting & analytics concepts and applications.
Knowledge of risk systems technology.
Technical proficiency gained through education and/or business experience.
Strong SQL, Python, and advanced Excel skills are required.
Verbal & written communication skills - In-depth.
Collaboration & team skills - In-depth.
Analytical and problem solving skills - In-depth.
Influence skills - In-depth.
Data driven decision making - In-depth.

Nice To Haves

Power BI is a nice to have.

Responsibilities

Conduct research and compile reports on various climate risk impact areas and initiatives.
Track and map BMO's exposure in the area of Climate Risk.
Build reports and analyze data.
Create dashboards.
Review regulatory data for mass assumption.
Support the execution of accurate and efficient reporting solutions for risk, regulatory and management information to internal and external stakeholders.
Support an efficient and effective risk management function.
Break down strategic problems, and analyze data and information to provide insights and recommendations.
Act as a resource for team members with less experience.
Lead or assist with the maintenance, monitoring, measurement & reporting on the status of the risk reporting strategies performance.
Design, develop, and implement reporting solutions to meet management and regulatory reporting requirements.
Provide advice and guidance to assigned business/group on implementation of analytical and reporting solutions.
Execute work to deliver timely, accurate, and efficient service for scheduled reporting production processes.
Support the maintenance, monitoring, and measurement of key risk indicators to internal & external stakeholders.
Analyze data and information to provide risk-related insights and recommendations for the assigned portfolio.
Support the interpretation of internal and external policies and regulatory requirements relevant to the analytics and reporting mandate.
Work with various data owners to discover and select available data sources from internal sources and external vendors to fulfill analytical needs.
Ensure strong governance and effective controls across risk reporting activities and information in accordance with enterprise standards.
Analyze data and highlight significant information including variances, trends, opportunities and exposures; escalate as required.
Provide information and support the process for internal and external audits.
Gather and format data into regular and ad-hoc reports, and dashboards.
Support development and execution of strategic initiatives in collaboration with internal and external stakeholders.
Build effective relationships with internal/external stakeholders.
Support the maintenance of operational procedures and processes related to analytical and reporting processes.
Support the development of tools and delivery of training focused on awareness and understanding of key data elements used in risk reporting.
Participate in the design, implementation and management of core business processes to ensure the accuracy of risk data used in reporting.
Organize work information to ensure accuracy and completeness.
Exercise judgment to identify, diagnose, and solve problems within given rules.
Work independently on a range of complex tasks, which may include unique situations.
Take measured risks while protecting the bank by applying our Risk Management Framework in the execution of your role, in line with our Risk Culture and within our approved Risk Appetite, making sound and risk informed decisions that align to business strategy, protect assets, and adhere to applicable policy documents (Frameworks, Policies, Standards, Procedures and Supporting documents), laws and regulations.