Head of Cross-Risk Reporting & Insights

Bank of Montreal•New York, NY

About The Position

Designs and leads the production of executive and board risk management reporting that spans multiple risk disciplines (credit, market, liquidity, operational) to provide an integrated view of the enterprise risk profile Specifies and builds analytics and visualizations to effectively communicate features of the bank's risk profile Drafts summaries and commentary to accompany analytics and visualizations Identifies, researches, and leads the production of thematic and topical content to explore issues of interest to management and boards Coordinates and participates in all aspects of the reporting cycle - conception, production, approval, and delivery Drives enhanced capabilities across the Reporting & Insights function including practice management, process improvement, business development, report implementation and communication capabilities Promotes and supports the Bank’s risk culture including ensuring employees understand their accountabilities for risk-taking activities, promoting an environment of open communication and effective challenge, and establishing the “tone from the top” through leading by example. Complies with the Bank’s Risk Appetite framework and ensure risk-taking activities remain within agreed limits and comply with all regulatory requirements Designs, develops, and implements reporting solutions to meet management and regulatory reporting requirements, ensuring timely, accurate and efficient service for regular and ad-hoc reports and dashboards production processes Provides advice and guidance to assigned business/group on implementation of analytical and reporting solutions. 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.) and highlight significant information including variances, trends, opportunities and exposures. Escalates as required. 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. Organizes work information to ensure accuracy and completeness. Ensures strong governance and effective controls across risk reporting activities and information in accordance with enterprise standards. Provides information and supports the process for internal and external audits ensuring the information is accurate and complete. 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. Develops and manages comprehensive information management systems; designs and/or leads initiatives to improve processes, analysis and reporting. Interprets new regulations and assesses impacts to the risk reporting strategy/program framework. Role models driving simplicity and productivity enhancements for optimization across groups driving continuous improvement on key measures Activates our winning culture, aligned with Purpose. Ignites engagement by aligning our culture to our strategy and fueling exceptional execution Fosters diversity, equity and inclusion and creates an inclusive environment for all employees by eliminating barriers to inclusion Develops leaders, plans for succession, and fosters a high-performance culture Drives top talent acquisition and retention, developing organizational capabilities to drive competitive advantage Leads and mentors a team with diverse risk and business experience, skills and orientation Leads, promotes and reinforces the Bank’s Ambition; personally role models One Bank leadership; drives sustainable improvements in customer loyalty and business growth; adheres and supports enterprise customer experience and brand standard

Requirements

Typically 9+ years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
Expert knowledge of risk management metrics, KPIs and KRIs.
Expert knowledge of industry trends and regulatory requirements for risk reporting.
Expert product knowledge for the designated business/portfolio.
Expert knowledge of risk management theory, processes and portfolio management reporting techniques.
Expert knowledge of reporting & analytics concepts and applications.
Expert knowledge of risk systems technology.
Seasoned expert with extensive industry knowledge.
Technical leader viewed as a thought leader for innovation.
Verbal & written communication skills - Expert.
Analytical and problem solving skills - Expert.
Influence skills - Expert.
Collaboration & team skills; with a focus on cross-group collaboration - Expert.
Able to manage ambiguity.
Data driven decision making - Expert.

Responsibilities

Designs and leads the production of executive and board risk management reporting that spans multiple risk disciplines (credit, market, liquidity, operational) to provide an integrated view of the enterprise risk profile
Specifies and builds analytics and visualizations to effectively communicate features of the bank's risk profile
Drafts summaries and commentary to accompany analytics and visualizations
Identifies, researches, and leads the production of thematic and topical content to explore issues of interest to management and boards
Coordinates and participates in all aspects of the reporting cycle - conception, production, approval, and delivery
Drives enhanced capabilities across the Reporting & Insights function including practice management, process improvement, business development, report implementation and communication capabilities
Promotes and supports the Bank’s risk culture including ensuring employees understand their accountabilities for risk-taking activities, promoting an environment of open communication and effective challenge, and establishing the “tone from the top” through leading by example.
Complies with the Bank’s Risk Appetite framework and ensure risk-taking activities remain within agreed limits and comply with all regulatory requirements
Designs, develops, and implements reporting solutions to meet management and regulatory reporting requirements, ensuring timely, accurate and efficient service for regular and ad-hoc reports and dashboards production processes
Provides advice and guidance to assigned business/group on implementation of analytical and reporting solutions.
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.) and highlight significant information including variances, trends, opportunities and exposures.
Escalates as required.
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.
Organizes work information to ensure accuracy and completeness.
Ensures strong governance and effective controls across risk reporting activities and information in accordance with enterprise standards.
Provides information and supports the process for internal and external audits ensuring the information is accurate and complete.
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.
Develops and manages comprehensive information management systems; designs and/or leads initiatives to improve processes, analysis and reporting.
Interprets new regulations and assesses impacts to the risk reporting strategy/program framework.
Role models driving simplicity and productivity enhancements for optimization across groups driving continuous improvement on key measures
Activates our winning culture, aligned with Purpose. Ignites engagement by aligning our culture to our strategy and fueling exceptional execution
Fosters diversity, equity and inclusion and creates an inclusive environment for all employees by eliminating barriers to inclusion
Develops leaders, plans for succession, and fosters a high-performance culture
Drives top talent acquisition and retention, developing organizational capabilities to drive competitive advantage
Leads and mentors a team with diverse risk and business experience, skills and orientation
Leads, promotes and reinforces the Bank’s Ambition; personally role models One Bank leadership; drives sustainable improvements in customer loyalty and business growth; adheres and supports enterprise customer experience and brand standard