Job Description

Application Deadline: 06/08/2023

Address: 100 King Street West

Job Family Group: Technology

The Market Risk Technology group is responsible for calculating market risk for all capital markets positions in various assets classes such as Fixed Income, Commodity, FX, Interest rate, Equity and Structure products. We calculate many risk metrics such as VaR, Stress Test, PV, PnL, SVaR, FRTB and sensitivities required by various banking regulators. The platform uses HTC (High Throughput Compute) or grid computing technology to perform one billion plus calculations every day. Every day our platform uses 15,000+ compute engines on on-premise and on cloud to perform complex mathematical and quantitative calculations.

We\xe2\x80\x99re looking for people who are talented, curious, and passionate about driving change in our industry . As a Developer on our team, you will join a diverse community of high-performing professionals who are focused on rethinking what it means to modernize banking technology. You will also play a critical role in creating and scaling the solutions that will fundamentally reshape our customer and employee experiences. Most importantly, you will be empowered to cultivate the skills you need to continue to develop your career here at BMO in an environment focused on recognition and growth.

• You will succeed by understanding the core business processes of the business unit and business requirements as well as the architecture patterns and technology strategy (e.g., Transformation, SmartCore, DevOps).
• Conceive and write detailed software implementations/code while ensuring that their code/configurations adhere to the security, logging, error handling, and performance standards and non-functional requirements.
• Understands the implications of various components (including technology strategy & architecture) to the overall design of a program, system, or eco-system.
• Evaluates new technologies for fit with the program/system/eco-system and the associated upstream and downstream impacts on process, data, risk (e.g., security).
• Supports the resolution of production issues and problems and ensure that systems functionally meet requirements, align with architecture and promote the development of common assets.
• Makes recommendations to improve BMO processes & systems.
• Fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behaviours in all that they do.
• Ensures alignment between values and behaviour that fosters diversity and inclusion.
• Regularly connects work to BMO\'s purpose, sets inspirational goals, defines clear expected outcomes, and ensures clear accountability for follow through.
• Builds interdependent teams that collaborate across functional and operating groups to create the highest value for all stakeholders.
• Attracts, retains, and enables the career development of top talent.
• Improves team performance, recognizes and rewards performance, coaches employees, supports their development, and manages poor performance.
• Evaluates new technologies for fit with the program/system/eco-system and the associated upstream and downstream impacts on process, data, risk (e.g., security). Works toward the objective of defect free software. Ensures that systems functionally meet requirements, align with architecture and promote the development of common assets. Supports the resolution of production issues and problems. Makes recommendations to improve BMO processes & systems.
• Assesses impact of design decisions to the computer solution/product/service being developed (i.e. performance, schedule, budget, downstream component/system impact, quality, etc.) and recommends alternate/creative solutions for mitigation/optimization if required.
• Recommends and implements solutions based on analysis of issues and implications for the business.
• Identifies emerging issues and trends to inform decision-making.
• Leads and implements initiatives as required to deliver business objectives.
• Conducts independent analysis and assessment to resolve strategic issues.
• Builds effective relationships with internal/external stakeholders and ensures alignment.
• Monitors and tracks performance, and addresses any issues.
• Leads/conducts detailed code-reviews and provides feedback in a constructive manner.
• Decomposes business requirements and translates them into detailed design specifications and code.
• Interacts with key business & technology stakeholders to define, analyze, and deliver requirements that reflect the needs of both the business and end-customers.
• Assesses the costs and benefits for different solutions and recommend/decide on appropriate designs.
• Designs solutions, writes code, performs unit testing, develops appropriate artefacts / documentation, and facilitates final delivery.
• Supports production issues, includes independently completing root-cause analysis and diagnosis.
• Devises new algorithms and data structures for target environment and platform attributes in alignment with architectural patterns.
• Builds solutions that are supportable, scalable and achieve our aspiration of common assets.
• Recommends or automates approaches to streamline and integrate technological processes and/or systems to improve operational efficiency and effectiveness.
• Supports the management of specific project deliverables & outcomes.
• Identifies opportunities to strengthen the development capability, such as: sharing expertise to promote technical development, mentoring employees, building communities of practice and networks.
• Stays abreast of industry technical and business trends through participation in professional associations, practice communities & individual learning.
• Focus is primarily on business/group within BMO; may have broader, enterprise-wide focus.
• Provides specialized consulting, analytical and technical support.
• Exercises judgment to identify, diagnose, and solve problems within given rules.
• Works independently and regularly handles non-routine situations.
• Broader work or accountabilities may be assigned as needed.

Qualifications

• Typically, 12+ years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience using C# and .NET. Additional Python/Java, Unix, Shell scripting experience beneficial.
• Advanced level of knowledge in Market Risk domain is required.
• Experience with multi-threading, LINQ, collections and delegates, GUI design and implementation, SQL, ODBC, database technology.
• Should have a special interest in performance tuning, system scalability, cloud computing, big data, asynchronous application design and development.
• Proactive, dynamic personality, able to thrive in a fast-paced environment and must be able to work in a team, self-starter. Must have excellent written and oral communications ability.
• Knowledge of Market, Credit risk, Fixed Income instruments and financial reporting.
• Understand functional aspects and technical behavior of the underlying operating system, development environment, and deployment practices.
• Knowledge of software development practices, concepts, and technology obtained through formal training and/or work experience.
• Knowledge of required programming languages and can code with little oversight.
• Knowledge of technical/business environment and processes.
• Understand functional aspects and technical behavior of the underlying operating system, development environment, and deployment practices.
• Have facility with and understanding of the ecosystem that code operates in.
• Deep knowledge and technical proficiency gained through extensive education and business experience.
• Verbal & written communication skills - In-depth.
• Collaboration & team skills - In-depth.
• Analytical and problem solving skills - In-depth.
• Influence skills - In-depth.
• Data driven decision making - In-depth.

We\xe2\x80\x99re here to help

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 \xe2\x80\x93 for yourself and our customers. We\xe2\x80\x99ll 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\xe2\x80\x99ll help you gain valuable experience, and broaden your skillset.

To find out more visit us at .

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other\xe2\x80\x99s 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.

BMO Financial Group