Manager - Stress Testing, Market Risk

Bank of Montreal
Toronto, CA; US
On-site

Job Description

Application Deadline:

04/11/2026

Address:

250 Yonge Street

Job Family Group:

Data Analytics & Reporting

The role supports a fast‑paced, regulation‑heavy stress testing function that designs scenarios, analyzes results, and prepares insights for senior leaders across Capital Markets and Risk. It requires a highly reliable, detail‑oriented, and analytically strong individual who can explain complex concepts clearly while maintaining humility and a collaborative mindset. The position offers significant exposure to all asset classes, senior executives, and the Market Risk oversight teams, effectively operating as the right hand of your leader. Ideal candidates bring NG system knowledge or market risk experience, value work‑life balance despite occasional late hours, and thrive in a fast paced culture without ego or pretense.

Supports the research and development of stress testing and scenario analysis methodologies and related strategies in support of the management of risks arising from changes in the market and external environment for business/group portfolios and products. Applies knowledge of analytics algorithms and technologies to develop models, methodologies and supplementary stress testing tools and infrastructures that assess the impact of a stress on risk capital and ensure risks are properly identified, understood and risk related strategies are enabled. Summarizes statistical findings, draws business conclusions, and presents actionable business recommendations used in the management of risks and related activities e.g. defining tolerance for adverse outcomes, capital modelling, assess capital and liquidity, recovery actions, portfolio and risk management strategies and tactics.

  • Acts as a trusted advisor to assigned business/group.
  • Influences and negotiates to achieve business objectives.
  • Recommends and implements solutions based on analysis of issues and implications for the business.
  • Assists in the development of strategic plans.
  • Identifies emerging issues and trends to inform decision-making.
  • Researches existing or emerging requirements & related best practices to assist and develops recommendations for changes/enhancements.
  • Assists with the interpretation of new or changing regulations and assessing impacts to the governance frameworks.
  • Helps determine business priorities and best sequence for execution of business/group strategy.
  • Conducts independent analysis and assessment to resolve strategic issues.
  • Leads the development and maintenance of stress testing and scenario analysis methodologies and frameworks.
  • Ensures alignment between stakeholders.
  • Represents the stress testing and scenario analysis function during internal/external regulatory audits and/or examinations.
  • Coordinates the management of databases; ensures alignment and integration of data in adherence with data governance standards.
  • Builds change management plans of varying scope and type; leads or participates in a variety of change management activities including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives.
  • Leads or participates in defining the communication plan designed to positively influence or change behaviour; develops tailored messaging; and identifies appropriate distribution channels.
  • Leads and integrates the monitoring, measurement & reporting on the status of the stress testing and scenario analysis program to internal & external stakeholders.
  • May provide specialized support for other internal and external regulatory requirements.
  • Provides input into the planning and implementation of ongoing operational programs in support of the stress testing and scenario analysis framework.
  • Leads/participates in the design, implementation and management of core business/group processes.
  • Works with stakeholders to identify the business requirements, understand the distinct problems, and the expected outcomes; models and frames business scenarios which impact critical business processes and/or decisions.
  • Administers and evaluates changes to stress scenarios and / or model parameters in response to changes in the market and the external environment.
  • Identifies where corrective actions are required and escalates per guidelines; ensures corrective action is taken as necessary.
  • Works with various data owners to discover and select available data sources from internal sources and external vendors (e.g. lending system, payment system, external credit rating system) to fulfill analytical needs.
  • Consults with stakeholders to improve consistency and transparency of risk measurement, metrics and reporting.
  • Develops and maintains in-depth knowledge of business and related risk management requirements and legislative/ regulatory directives and guidance.
  • Supports the management of governance meetings (e.g. committee, management, board meetings, etc.) as required; facilitates development and approval of agendas, gathering a

Skills & Requirements

Technical Skills

Stress testingScenario analysisAnalytics algorithmsTechnologiesModelsMethodologiesStress testing toolsInfrastructuresStatistical findingsBusiness conclusionsActionable business recommendationsRisk capitalCapital modellingCapital and liquidityRecovery actionsPortfolio and risk management strategiesTrendsRegulationsData governance standardsChange management plansCommunication plansMonitoringMeasurementReportingNg systemMarket riskRegulatory auditsExaminationsDatabasesData governanceStakeholder managementBusiness prioritiesExecutionEvaluationSustainmentGovernance meetingsCommitteeManagementBoard meetingsRegulatory directivesLegislativeCredit rating systemRisk measurementMetricsReportingReliableDetail-orientedAnalyticalClear communicationCollaborativeHumbleFast-pacedWork-life balanceEgolessPretenselessTrusted advisorInfluencesNegotiatesSolutionsAnalysisIssuesTrendsDecision-makingRegulationsImpactsGovernance frameworksBusiness prioritiesExecutionEvaluationSustainmentCommunication plansMonitoringMeasurementReportingRegulatory auditsExaminationsDatabasesData governanceStakeholder managementBusiness prioritiesExecutionEvaluationSustainmentGovernance meetingsCommitteeManagementBoard meetingsRegulatory directivesLegislativeCredit rating systemRisk measurementMetricsReportingBankingRisk management

Employment Type

FULL TIME

Level

manager

Posted

4/12/2026

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