Manager, QRM Architecture

Application Deadline:

12/29/2024

Address:

320 S Canal Street

Job Family Group:

Finance & Accounting

As a member of the QRM Architecture Team your role will be focused on supporting the design, testing, implementation and ongoing BAU support of BMO’s QRM Management Repository platform.   

 

·         Develop and maintain ETL transformation logic from source system to the QRM Framework leveraging QRM Management Repository (QRM MR)

·         Support the Monthly QRM Change Management Forum and maintain/update any required model documentation.

·         Explore continuous improvement opportunities to streamline the existing QRM MR implementation to improve processing times, reduce errors and improve data quality.

·         Work close with Technology & Operations (T&O) and Finance Transformation partners to implement processes to integrate QRM output into downstream management reporting systems to support Funds Transfer Pricing and Forecasting.

·         Collaborate with T&O partners in the development of business requirements and UAT testing of new, and modification of existing, upstream data sources.

·         Identify opportunities to streamline/enhance existing processes using automation where possible.

·         Maintain fulsome documentation for 2nd Line of Defense review as well as regulatory compliance.

·         Collaborate with Corporate Treasury's model development team in the review and design of behavioral models to ensure they can be implemented efficiently in QRM MR across all relevant use cases
 

 

Hands on experience working with financial data using QRM Management Repository (Preferred), BancWare BDI, Informatica, or other industry standard ETL tool required.

Supports the research and development of quantitative risk modeling methodologies and related strategies in support of managing structural market risks arising from business/group portfolios and products. Develops and implements models to ensure market risk in banking products are properly measured and support effective risk management practices. Works with internal and external stakeholders to ensure market risks are properly identified and understood with supporting models and strategies successfully implemented.

• Acts as a trusted advisor to assigned business/group.
• Provides structural market risk advice on funds transfer pricing polices to ensure appropriate risk-adjusted product pricing on retail and commercial products.
• Influences and negotiates to achieve business objectives.
• Recommends and implements solutions based on analysis of issues and implications for the business.
• Assists in the development of strategic plans.
• Identifies emerging issues and trends to inform decision-making.
• Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.
• Helps determine business priorities and best sequence for execution of business/group strategy.
• Conducts independent analysis and assessment to resolve strategic issues.
• Ensures alignment between stakeholders.
• Breaks down strategic problems, and analyses data and information to provide insights and recommendations.
• Conducts independent analysis to resolve strategic issues.
• Builds change management plans of varying scope and type; leads or participates in a variety of change management activities including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives.
• Manages databases and provides support for analysis, forecasting and/or data visualization, ensuring adherence with data governance standards.
• Coordinates the management of databases; ensures alignment and integration of data in adherence with data governance standards.
• Provides input to the planning & implementation of structural market risk data acquisition and reporting programs.
• Documents data flow, systems and processes in data collection to improve efficiency; advances automation of processes.
• Maintains operational procedures and processes relating to data acquisition, analytical and reporting processes.
• Develops analytical solut