BMO Financial Group

Financial Services

DataScientist/PortfolioRiskManager

$74–138k Chicago, Illinois, United States FULL TIME
The Brief

“Data Scientist / Portfolio Risk Manager at BMO Financial Group. Skills: Portfolio Risk Management, Data Analysis, Loss Forecasting, Credit Policy Analysis. Develop loss forecasting framework. Maintain reporting process”

What You'll Achieve.

Manage risk taking; Improve profitability; Ensure bank's lending activities adhering to policies; Achieve Risk Appetite target; Support credit policy; Support strategy recommendations; Manage risk; Deliver against profitability targets

Industry & Context.

Financial Services
Problems you'll solve

Excellent analytical skills; Excellent problem-solving skills

What They're Looking For.

Must Have

5 - 7 years of relevant experience, Post-secondary degree in related field of study or equivalent combination of education and experience, Proven ability to glean insights from data, Support data driven decision making, Highly proficient in data analysis, Time series analysis, Risk segmentation, Vintage/cohort performance tracking, Highly proficient in SAS, Highly proficient in Excel, In depth knowledge of loan life cycle, Loss mitigation process, In-depth knowledge of risk management metrics, KPIs, KRIs, In-depth knowledge of reporting & analytics concepts, Applications, In-depth knowledge of risk systems technology, Excellent analytical skills, Excellent problem-solving skills, Excellent Verbal communication skills, Excellent written communication skills

Nice to Have

Prior experience in credit risk processes, Loss forecasting highly preferred, Knowledge of Python, Knowledge of SQL, Knowledge of Power BI

What You'll Do.

Develop loss forecasting framework

Maintain reporting process

Conduct portfolio analyses

Monitor credit performances

Identify performance drivers

Provide actionable recommendations

Apply predictive modeling techniques

Portfolio segmentation

Champion/challenger methodologies

Analyze business results

Influence portfolio credit performance

Enhance lending policy

Support portfolio acquisition

Support due-diligence exercises

Adopt machine learning

Advance risk team capability

Maintain understanding of regulatory requirements

Ensure policies compliant

Present portfolio monitoring results

Provide recommendations for policy changes

Provide recommendations for process changes

Provide recommendations for strategy changes

Ensure adherence to procedures

Provide executive summaries

Assess potential implications

Provide recommended actions

Support audit efforts

How You'll Work.

Team & Collaboration

Promote collaboration within Risk team; Collaborate across functions; Provide end-to-end analysis

Communication Scope

Excellent Verbal communication skills; Excellent written communication skills; Clear, concise executive summaries

Free ATS check

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