Senior Manager, Counterparty Credit Risk Analytics

Application Deadline:11/29/2026
Address:250 Yonge Street
Job Family Group:Data Analytics & Reporting
Role SummaryThe Senior Manager, CCR Analytics leads a team in the design, implementation, and oversight of counterparty credit risk measurement and analytics. The role focuses on delivering robust exposure methodologies (PFE, Settlement, stress), ensuring model usage integrity, and providing actionable insights to trading desks, risk oversight, and senior management.
This role combines advanced quantitative expertise with leadership responsibilities, ensuring that CCR analytics frameworks are accurate, scalable, and aligned with regulatory expectations.
Key Responsibilities1. CCR Analytics & Exposure Measurement
Lead the calculation, validation, and analysis of CCR metrics including:
Potential Future Exposure (PFE)
Settlement
Mark to Market (MTM)
Stress and scenario-based exposures
Oversee treatment of complex/non-standard trades and ensure appropriate modeling of exposures
Identify weaknesses in pricing models and exposure methodologies;
propose and implement improvements
2. Methodology & Model Usage Governance
Ensure appropriate application of CCR models and methodologies across portfolios
Partner with model development and validation teams on:
Model enhancements
Performance monitoring
Regulatory model reviews
Provide subject matter expertise on CCR methodologies (netting, collateral, margining, wrong-way risk)
3. Risk Insights & Business Support
Provide analytics and insights to trading desks and portfolio managers on counterparty exposures, concentrations, and sensitivities
Analyze drivers of exposure changes (market moves, trades, collateral) and communicate implications clearly
Support business decisions including:
Limit setting and utilization analysis
Optimize trading PnL within risk appetite
Support new initiatives such as new product or feature by analyzing impact to CCR and providing insight into mitigating them
4. Regulatory & Stress Testing Deliverables
Lead CCR analytics inputs into:
Regulatory reporting
Stress testing frameworks and scenario design
Deliver high-quality analytics supporting regulatory exams and internal governance reviews
5. Data, Controls & Analytics Quality
Ensure integrity and reconciliation of exposure data across systems
Implement controls around:
Input data quality
Model outputs and reconciliations
Exception handling and escalation
Data Timeliness and system performance
Work closely with infrastructure teams to enhance data pipelines and analytics performance
6. Automation & Advanced Analytics
Drive automation of CCR analytics processes (data ingestion, calculations, reporting)
Leverage Python/SQL or similar tools to:
Build analytical tools
Perform deep‑dive analysis and scenario simulations
Promote efficient, scalable analytics processes to support growing portfolios
7. Stakeholder Management
Liaise with:
Trading desks (rates, FX, credit, commodities)
Market Risk Oversight and Credit Risk teams
Model development/validation and technology teams
Ensure clear understanding of CCR exposures and methodologies across stakeholders
8. Team Leadership
Lead and mentor a team of CCR analysts/quantitative specialists
Provide technical guidance on exposure methodologies and analytics
Manage delivery timelines for BAU and regulatory commitments
Qualifications & SkillsEducation
MSc or equivalent in Quantitative Finance, Mathematics, Statistics, Engineering, or related field
Nice to have: CFA or FRM
Experience
7–10 years in CCR analytics, market risk, or quantitative risk roles
Strong experience with exposure metrics (PFE, CVA, EE) and financial products (Derivatives and Security Financing Transactions)
Experience supporting regulatory deliverables and/or stress testing
Technical Skills
Deep knowledge of:
Derivative pricing and exposure modeling
Netting, collateral, CSA mechanics
CCR regulatory frameworks (Basel / OSFI / Fed)
Programming skills (Python/SQL preferred) for analytics and automation
Familiarity with risk engines (e.G., Adaptiv or similar platforms)
Familiarity with managing daily operations for risk or trading systems
Soft Skills
Strong analytical and critical thinking skills
Ability to translate complex analytics into business insights
Effective communication across technical and non-technical stakeholders
Proven leadership and team management capability
Role Impact
Drives accuracy and robustness of CCR exposure measurement
Influences:
Risk appetite and limit decisions
Pricing and trading strategies (via exposure and CVA insights)
Regulatory capital and stress testing outcomes
Acts as a key bridge between quantitative modeling, risk oversight, and business decision‑making
Salary** : **$80,000.00 - $175,000.00
Pay Type:Salaried
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, visit:
About UsAt 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
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.
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