Senior Analyst, Market Risk

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This role sits within the Market Risk team at BMO, part of Enterprise Risk & Portfolio Management. We are responsible for ensuring the integrity and reliability of the market data that supports BMO Capital Markets' trading activities. As a Market Risk Senior Analyst, you’ll take a hands-on role in improving how critical market data is sourced, validated, and delivered — helping ensure that decisions are based on complete, accurate, and well-controlled information.

The work is technically challenging and highly relevant: you'll be solving market data problems that have a direct impact on how the bank manages trading risk. You'll also work closely with both market risk and technology partners, and gain exposure to a wide range of trading products, systems, and processes. It’s a strong fit for someone who’s analytical, detail-oriented, and interested in how capital markets really work — from the inside out.

·Maintain and enhance market data quality controls, ensuring completeness, accuracy, and consistency across trading product datasets.

·Build and support data pipelines and tools that enable efficient ingestion, validation, and transformation of market risk data.

·Investigate and resolve data anomalies by reconciling inputs from source systems (e.g. trading, valuation, reference data) with risk outputs.

·Work closely with technology teams, Capital Markets stakeholders, and risk managers to align data definitions, usage, and business rules.

·Develop and automate data validation scripts and exception reporting using tools like Python and SQL.

·Assist with implementation of strategic data initiatives including data remediation, control enhancements, and documentation standardization.

·Support daily and monthly production cycles, ensuring timely delivery of risk metrics and risk reports to internal and regulatory consumers.

·Apply working knowledge of trading products (e.g., fixed income, credit derivatives, rates, FX) to contextualize risk data and flag inconsistencies.

·3–5 years of experience in market risk, financial data management or engineering, or Capital Markets operations.

·Strong proficiency in SQL and Python, with hands-on experience manipulating large financial datasets.

·Solid understanding of Capital Markets products and risk measures (e.g., sensitivities, VaR, stress results).

·Familiarity with market risk data flow and the systems landscape (e.g., trading platforms, valuation engines, reference data sources).

·Experience building or maintaining data validation, reconciliation, or control frameworks.

·Excellent problem-solving skills and the ability to work independently in a fast-paced, high-accountability environment.

·Strong communication skills for working with both technical teams and business stakeholders.

·Prior experience with reporting tools (PowerBI, Tableau) is an asset.

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.