Manager, Quantitative Analysis and Strategy

Responsibilities

• Apply statistical modeling and analytical techniques to produce and interpret stress testing and business-as-usual (BAU) forecast models across key banking portfolios.
• Support the end-to-end forecasting process, including data preparation, model execution, and reconciliation to ensure accuracy and timeliness.
• Develop and enhance forecasting frameworks and analytical processes to meet evolving business and regulatory requirements.
• Leverage Python and SQL to automate data processing, streamline forecast production, and improve analytical efficiency.
• Utilize statistical and machine learning techniques to enhance model performance and validate results.
• Collaborate with business partners such as Treasury and Lines of Business to translate macroeconomic scenarios into portfolio-level impacts.
• Support the delivery of stress testing exercises (e.g., EWST, CCAR) and maintain data workflows, tools, and controls.
• Partner with model development and validation teams to ensure alignment on modeling approaches and support model governance activities.

Requirements

• Advanced degree in Statistics, Economics, Finance, Applied Mathematics, or a related quantitative field.
• 3+ years of experience in forecasting, stress testing, or quantitative analytics within financial services.
• Strong knowledge of statistical models, machine learning models, econometric techniques, and balance forecasting methodologies.
• Proficiency in Python and SQL for data analysis, data engineering, and model development.
• Experience with reporting and visualization tools such as Power BI.
• Strong communication skills with the ability to translate technical analysis into actionable business insights.
• Ability to operate effectively in a dynamic, deadline-driven environment.

Benefits

• Competitive salary range.
• Performance-based incentives and discretionary bonuses.
• Comprehensive health insurance.
• Tuition reimbursement.
• Accident and life insurance.
• Retirement savings plans.

About the Company

BMO is a leading North American bank driven by a single purpose: to Boldly Grow the Good in business and life. As the 8th largest bank in North America by assets, we provide personal and commercial banking, wealth management, and investment services to more than 12 million customers globally.