Senior Decision Technology Analyst

Bank of Montreal•Chicago, IL

About The Position

Develops and maintains risk decision-support strategies using analytical solutions to enable high-quality, fact-based decisions for a designated risk portfolio. Manages interface with Consumer Credit Bureaus including interpreting credit bureau manuals, sourcing granular data and the creation of aggregate variables. business intelligence, and the design and development of sophisticated decision support tools. Supports development and execution of strategic initiatives in collaboration with internal and external stakeholders. Breaks down strategic problems, and analyses data and information to provide insights and recommendations. Supports change management of varying scope and type; tasks typically focused on execution and sustainment activities. Acts as a resource for team members with less experience Assists with the maintenance, monitoring, measurement & reporting on the status of the risk decision strategies performance. Supports the development and maintenance of system and process documentation / process controls / knowledge assets required for the operation. Supports the maintenance, monitoring, measurement & reporting on the status of the risk decision strategies and key risk indicators to internal & external stakeholders. Supports the planning and execution of the change management process including simulation, validation testing and reporting requirements to evaluate the effectiveness of the new or modified strategies. Provides advice and guidance to assigned business/group on implementation of analytical solutions. Develops and maintains in-depth knowledge of business product strategies and related risk management requirements and legislative/ regulatory directives. Works with 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. Works with internal and external stakeholders to understand the capabilities of risk models and core risk systems to ensure effectiveness of risk decision strategies. Builds effective relationships with internal/external stakeholders. Ensures alignment between stakeholders. Presents findings & recommendations in a simple, clear way to drive action. Consults with stakeholders to improve consistency and transparency of risk measurement, metrics and reporting. Monitors and tracks performance; addresses any issues. 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.

Requirements

Typically between 4 - 6 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
Working / in-depth knowledge of Consumer Credit Bureau data and products
Working / in-depth product knowledge for the designated business / portfolio.
Working / in-depth knowledge of risk management theory, processes and portfolio management reporting techniques.
Woking / in-depth knowledge of modelling & analytics concepts and applications.
Working / in-depth knowledge of risk systems technology.
Technical proficiency gained through education and/or business experience.
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

Exposure to Consumer Loan Origination Systems (CRIFF a plus)

Responsibilities

Develops and maintains risk decision-support strategies using analytical solutions to enable high-quality, fact-based decisions for a designated risk portfolio.
Manages interface with Consumer Credit Bureaus including interpreting credit bureau manuals, sourcing granular data and the creation of aggregate variables.
Supports development and execution of strategic initiatives in collaboration with internal and external stakeholders.
Breaks down strategic problems, and analyses data and information to provide insights and recommendations.
Supports change management of varying scope and type; tasks typically focused on execution and sustainment activities.
Acts as a resource for team members with less experience.
Assists with the maintenance, monitoring, measurement & reporting on the status of the risk decision strategies performance.
Supports the development and maintenance of system and process documentation / process controls / knowledge assets required for the operation.
Supports the maintenance, monitoring, measurement & reporting on the status of the risk decision strategies and key risk indicators to internal & external stakeholders.
Supports the planning and execution of the change management process including simulation, validation testing and reporting requirements to evaluate the effectiveness of the new or modified strategies.
Provides advice and guidance to assigned business/group on implementation of analytical solutions.
Develops and maintains in-depth knowledge of business product strategies and related risk management requirements and legislative/ regulatory directives.
Works with 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.
Works with internal and external stakeholders to understand the capabilities of risk models and core risk systems to ensure effectiveness of risk decision strategies.
Builds effective relationships with internal/external stakeholders.
Ensures alignment between stakeholders.
Presents findings & recommendations in a simple, clear way to drive action.
Consults with stakeholders to improve consistency and transparency of risk measurement, metrics and reporting.
Monitors and tracks performance; addresses any issues.
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.