Intraday Liquidity Analyst

BMO • Chicago, IL

1d • $65,000 - $140,000

About The Position

The Intraday Liquidity Analyst supports research and development of quantitative risk modeling methodologies and strategies for managing structural market risks across business and product portfolios. The role develops and implements models to measure market risk in banking products and support effective risk management, working with internal and external stakeholders to identify risks and implement supporting models and strategies.

The analyst provides recommendations and guidance to business groups, contributes to policy positions and strategic initiatives, and conducts independent analysis of complex strategic issues. The role supports structural market risk data acquisition and reporting, documents and improves data flows and processes, maintains operational procedures, and advances process automation. It also develops analytical solutions, models, and methodologies for portfolio and product risk management; monitors market conditions and model performance; and supports compliance with model and market risk governance.

The position works with business and corporate partners on enterprise-wide stress testing of the Bank’s Net Interest Income for capital adequacy assessment. It analyzes and reports on Corporate Treasury’s economic and P&L performance related to hedging, investment, and funding activities; researches industry practices; produces recurring and ad hoc reports and dashboards; and tracks changes in position and component risk metrics.

The role sources data from internal and external systems, uses scripting and programming to assemble structured datasets, and applies statistical methods—including mathematical models, algorithms, and machine learning—to test and refine hypotheses. The analyst collaborates with stakeholders, including third-party suppliers, and applies the Bank’s Risk Management Framework, policies, standards, procedures, laws, and regulations when making risk-informed decisions.

Requirements

• Typically 4–6 years of relevant experience and a post-secondary degree in a related field, or an equivalent combination of education and experience.
• Technical proficiency gained through education and/or business experience.
• Strong knowledge of Excel, Access, SQL, and VBA.
• Working experience in a Finance environment with exposure to one or more of risk management, financial market products and pricing, or Balance Sheet / Asset Liability management.
• Knowledge of quantitative modeling, including statistics, risk metrics, and financial metrics.
• In-depth verbal and written communication skills.
• In-depth collaboration and teamwork skills.
• In-depth analytical and problem-solving skills.
• In-depth influence skills.
• In-depth data-driven decision-making skills.

Nice To Haves

• A degree in Finance, Computer Science, Economics, or Risk Management is preferred.

Responsibilities

• Develop and implement quantitative models and methodologies to measure and manage structural market risk in banking products, portfolios, and related activities.
• Recommend solutions based on business strategy and stakeholder needs, and advise business groups on implementation.
• Contribute to policy positions and strategic initiatives relating to structural market risk, considering legislative requirements.
• Help determine business priorities and execution sequencing; conduct independent analysis of strategic issues and provide insights and recommendations.
• Support planning and implementation of structural market risk data acquisition and reporting programs.
• Document data flows, systems, and collection processes; improve efficiency and advance automation.
• Maintain procedures for data acquisition, analysis, and reporting.
• Develop analytical solutions, models, and methodologies for portfolio and product risk management, including valuations, hedging strategies, customer behavior models, and performance measurement.
• Monitor financial market conditions and model performance impacts to support execution of risk strategies.
• Ensure compliance with model risk and market risk governance and provide financial instrument transaction oversight.
• Work with business and corporate partners on enterprise-wide stress testing of the Bank’s Net Interest Income to support capital adequacy assessment.
• Analyze and report on Corporate Treasury’s economic and P&L performance resulting from hedging, investment, and funding activities.
• Research industry best practices in structural market risk modeling and methodology.
• Design and produce regular and ad hoc reports and dashboards.
• Monitor changes to position and component risk metrics over reporting periods and address or escalate issues.
• Identify and select data with internal and external data owners, including data from lending, payment, and external credit rating systems.
• Use scripting and programming skills to assemble source data into structured datasets at multiple levels of granularity.
• Apply statistical techniques, including A/B testing, mathematical models, algorithms, and machine learning, to test, verify, and refine hypotheses.
• Collaborate with internal and external stakeholders, including third-party suppliers, to deliver business objectives and build effective relationships.
• Participate in the design, implementation, and management of core business and group processes.
• Apply the Risk Management Framework and make sound, risk-informed decisions aligned with business strategy, approved risk appetite, policies, laws, and regulations.

Benefits

• Health insurance
• Tuition reimbursement
• Accident insurance
• Life insurance
• Retirement savings plans
• Performance-based incentives, discretionary bonuses, and other perks and rewards may be included in the total compensation package.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level