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Manager_Market Risk Data
Full time @Bank of Montreal posted 1 year ago in Project Management & Business Analyst , in Quantitative Modeling & Financial Engineer , in Risk Management Governance & Compliance Shortlist Email JobJob Description
Description
As a member of the Market Data Management team, the manager is responsible for overseeing the validation of the data used for risk metric generation across Market Risk and Counterparty Credit Risk. The manager is expected to work on new initiatives to support various data requests from Market Risk management, Front Office, Model Validation etc. The manager is also expected to take on additional management projects, audit requirements and ad hoc requests.
Key Accountabilities
Daily Data Validation Check and Issue Resolution
- The successful candidate will engage several groups in the organization to facilitate different initiative such as incorporating new products and special projects in the Market Risk framework
- Design and develop tools for automation.
- Ensure the appropriate data “cleaning” and data “scrubbing” rules (either in-house or third-party vendors) have been appropriately defined and implemented.
- Ensure that data is provisioned to comply with specified requirements of risk and valuation models.
- Perform gap analysis, review, and generate solutions/methodologies for gap-filling/data imputation.
- Perform analysis of differences between internal and external data sources
- Controls on use of third party data are implemented to ensure usage of market data is consistent with third-party vendor contracts.
Change Management, Communication, Governance and Control
- Liaise timely with the stakeholders across Market Risk and the Enterprise in efforts to ensure data lineage is properly accounted for and implemented in the MRNG system
- Leveraging existing issue tracking technology to comprehensively track issues raised by RDM
- Assist and collaborate in new and revised initiatives, reports and projects
- Manage the stakeholder requests, audit requirements and issues proficiently, professionally and expeditiously
- Proactively assist and support the functions and tasks of the team
Qualifications
- Knowledge:
- 3+ years as a Market Risk Analyst or Data Analyst involved in procuring data, conduct reviews of data, clean datasets, validate data, identify errors and find solutions, etc.
- Quantitative experience, open to various industries (eg. Engineering, Stats, Bio medical)
- CFA or FRM candidates preferred
- In-depth knowledge of SQL, Python and Excel formulas
- Prior SDLC experience with JIRA is preferred
- Education/skills:
- Undergraduate and/or postgraduate degree in Engineering, Computer Science, Finance, Business or related discipline
- Strong problem-solving and analytical skills, ability to cope with a high degree of ambiguity and change
- Strong work ethic, detail-oriented, ability to prioritize and manage tasks and deadlines