Application Deadline: 07/15/2026

Address: 100 King Street West

Job Family Group: Data Analytics & Reporting

Key Responsibilities

60% Regulatory Capital – Forecast, Production & Analytics

- Execute the Regulatory Capital and RWA forecast, including credit migration analysis and forward‑looking impacts.
- Support annual Regulatory Capital and Expected Loss (EL) planning through forecast assumptions, analysis, and documentation.
- Provide forward‑looking Regulatory Capital insights to support capital planning and stress testing.

Monthly Production & Controls (~20%)

- Run the monthly Regulatory Capital production process, including data preparation, validation, reconciliations, and control checks.
- Analyze and explain period‑over‑period RWA movements, identifying drivers related to portfolio mix, risk parameters, regulatory treatment, and methodology changes.
- Prepare Regulatory Capital reporting, commentary, and materials for senior management and governance forums.
- Coordinate with Finance, Risk, and Technology partners to resolve data, model, or process issues.

Regulatory Capital Analytics & Support (~20%)

- Partner with Stress Testing and Portfolio Management teams to assess Regulatory Capital impacts under stressed and adverse scenarios.
- Perform peer and portfolio‑level analysis to understand differences in regulatory capital outcomes and regulatory treatment.
- Support interpretation of regulatory capital policies and requirements for internal stakeholders.

25% Economic Capital & ICAAP

- Support Economic Capital analysis and monthly reporting, including contributions to the ICAAP submission.
- Analyze and explain movements in Economic Capital metrics and ensure consistency across Regulatory Capital, Economic Capital, and stress testing views.




- Assist with annual Economic Capital model validation, including analysis, documentation, and remediation activities.
- Provide Economic Capital insights to support capital demand and portfolio decision‑making.

15% Methodology, UAT & Capital Initiatives

- Perform User Acceptance Testing (UAT) and capital impact analysis for changes to regulatory or economic capital models, methodologies, or reporting infrastructure.
- Support implementation of changes related to Basel and OSFI capital requirements, including CAR and ICAAP.
- Contribute to RWA refinement and capital optimization initiatives.
- Support required SAS / SQL updates related to model, methodology, or production changes.

Qualifications

- Undergraduate degree in a quantitative discipline (e.g., Actuarial Science, Applied Mathematics, Statistics, Quantitative Finance) or an equivalent combination of education and experience.
- Relevant skilled designation (FRM, PRM, CFA, SOA) or equivalent experience is an asset.
- Strong SAS and SQL proficiency with hands‑on experience in capital or risk analytics.
- 3+ years of experience in Regulatory Capital, credit risk, or capital analytics within a financial institution.
- Strong understanding of Basel Regulatory Capital frameworks, including Standardized and IRB approaches.
- Working knowledge of Economic Capital and ICAAP concepts.
- Familiarity with OSFI Capital Adequacy Requirements (CAR) and ICAAP expectations.
- Strong analytical, communication, and stakeholder‑management skills.
- Advanced working knowledge of Excel, Power BI, and PowerPoint.

Compensation

Salary: $82,800 – $154,800. Pay Type: Salaried.

Benefits

BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans.

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📌 Manager, regulatory & economic capital (Toronto)
🏢 BMO Financial Group
📍 Toronto