BMO U.S.

Director, Counterparty Credit

BMO U.S.  •  $103k - $192k/yr  •  Canada (Onsite)  •  2 hours ago
Apply
AI can make mistakes so check important info. Chat history is never stored.

Job Description

Application Deadline:

07/16/2026

Address:

250 Yonge Street

Job Family Group:

Data Analytics & Reporting

As the leader and subject matter expert (SME) of the FRTB (Fundamental Review of the Trading Book) BAU team, the role is primarily responsible for managing the operational, create and maintain the analytic toolset, change management, and compliance related activities of the production team. The incumbent is expected to answer to the extended scope of projects, audit requirements, ad hoc requests and expansion of the team’s responsibilities and mandate in the risk infrastructure area.

Responsibilities:

  • Understand regulatory requirements, determine system and process needs to ensure regulatory compliance with regard to the FRTB Standardized Approach regulations

  • Lead new initiatives end-to-end: Requirements elicitation in partnership with stakeholders; Solution design in consultation with technology partners (in-house and vendor); manage and dictate testing and validation needs

  • Create and maintain toolset to fulfill analytic needs

  • Manage relationship with stakeholders (front office, middle office, back office, credit) to understand any changes required and ensure alignment across functions; Ensure risk platforms used for risk capture are current and internally consistent; ensure alignment of FRTB priorities while working with broader Market Risk team on overall prioritization and roadmap

  • Lead combined technology and business implementation team, ensure issues and impediments are resolved and manage the team to high-performance delivery through a agile development process

  • Mentor and lead the FRTB product team, as well as take a leadership role in the broader Market Risk group

  • Identify opportunities for improvements within the market risk system infrastructure and related processes.

Must Have Skills:

  • Strong analytic and troubleshooting skills with a solution-oriented attitude

  • Strong technical skill to create analytic and reporting tools using programming languages such as Python, C#

  • Excellent oral and written communication and presentation skills

  • Market Risk, Capital / FRTB knowledge

  • Proven team leadership skills

Nice to Have Skills

  • Minimum of 8 years of experience within Capital Markets or Risk management

  • Understanding of financial products

  • Broad understanding and experience with risk management methodologies, preferably in Market Risk

  • Experience with joint business / technology Agile development process

Salary

$103,200.00 - $192,000.00

Pay Type:

Salaried

The above represents BMO Financial Group’s pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.

BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards

About Us

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset.

To find out more visit us at https://jobs.bmo.com/ca/en

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.

BMO U.S.

About BMO U.S.

We’re a bank, but there’s more to it than that. We're a top ten bank in North America and have been serving our customers since 1817. BMO provides personal and commercial banking, global markets and investment banking services to 13 million customers and clients.  And with over 54,000 employees, we take caring for our people seriously.​

When you join BMO, it opens a world of opportunities. This is a team that's committed to helping you succeed – personally and professionally. Because at BMO, when you grow, we grow. ​

You know your worth and so do we. That’s why we offer the right mix of learning programs, on-the-job experiences, and opportunities to build personal and professional connections – so you can build a meaningful career and thrive as a part of a winning culture.  ​

Sound like your kind of place? Then we should be co-workers.

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Chicago, Illinois
Year Founded
Unknown
Website
bmo.com
Social Media