Data Analyst (New or Recent Graduate) - Immediate Start Date

Full Time
Chicago, IL 60603
Posted
Job description
111 W Monroe - 115 S LaSalle Chicago Illinois,60603
  • Participate in the sourcing, validation, analysis, and reconciliation of data used for FR 2052a, CCAR FR Y-14, FR 2028D, FR Y-9C, FFIEC031/041, and FDIC 370 Regulatory reporting
  • Experience and an enthusiastic interest in gaining additional experti in areas such as risk/portfolio management and analysis, banking/trading product operations, finance/accounting, information systems, and/or retail/commercial lending are required
  • Analyze commercial and consumer loan and portfolio data, advising management of trends and any significant changes in the quantity and quality of the data elements being reported
  • Analyze data related to securities, derivatives, repos, and other trading products advising management of trends and any significant changes in the quantity and quality of the data elements being reported
  • Participate in initiatives designed to improve existing processes or create new processes, and address changes to regulatory reporting requirements
  • Perform prescribed analysis and ad hoc portfolio monitoring/reporting activities as assigned
  • Perform prescribed data extraction and reporting activities as directed
  • Knowledge of data governance and data management principles and processes
  • Moderate experience with SQL
  • Proficient with MS Office (Word, Visio, PowerPoint, Outlook) and SharePoint
  • Strong natural affinity for structuring and organizing large amounts of data in order to satisfy continually evolving reporting needs
  • Comfortable working both independently and collaboratively in a dynamic and fast-paced team environment
  • Results oriented and delivery focused

Supports the execution of accurate and efficient reporting solutions for risk, regulatory and management information to internal and external stakeholders including regulatory bodies. Supports an efficient and effective risk management function which uses common information sources and practices, reduces ongoing costs, increases service level performance and minimizes risk.

  • Designs, develops, and implements reporting solutions to meet management and regulatory reporting requirements.
  • Provides advice and guidance to assigned business/group on implementation of analytical and reporting solutions.
  • Executes work to deliver timely, accurate, and efficient service for scheduled reporting production processes.
  • Supports the maintenance, monitoring, and measurement of key risk indicators to internal & external stakeholders.
  • Analyses data and information to provide risk-related insights and recommendations for the assigned portfolio e.g. capital at risk modeling, risk/return assessments, etc.
  • Supports the interpretation of internal and external policies and regulatory requirements relevant to the analytics and reporting mandate e.g. regulatory reporting.
  • 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.
  • Ensures strong governance and effective controls across risk reporting activities and information in accordance with enterprise standards.
  • Analyzes data and highlights significant information including variances, trends, opportunities and exposures; escalates as required.
  • Provides information and supports the process for internal and external audits.
  • Gathers and formats data into regular and ad-hoc reports, and dashboards.
  • Supports development and execution of strategic initiatives in collaboration with internal and external stakeholders.
  • Builds effective relationships with internal/external stakeholders.
  • Supports the maintenance of operational procedures and processes related to analytical and reporting processes.
  • Supports the development of tools and delivery of training focused on awareness and understanding of key data elements used in risk reporting.
  • Participates in the design, implementation and management of core business processes to ensure the accuracy of risk data used in reporting.
  • Organizes work information to ensure accuracy and completeness.
  • Focus may be on a business/group.
  • Thinks creatively and proposes new solutions.
  • Exercises judgment to identify, diagnose, and solve problems within given rules.
  • Works mostly independently.
  • Broader work or accountabilities may be assigned as needed.

    Qualifications:

  • Typically between 1 – 2 years of relevant experience and post-secondary degree in related field of study: Computer Science, Applied Mathematics and Statistics.
  • This is an entry level role - new graduates with relevant experience are welcomed to apply
  • Prior internship in Data Analytics and experience using SQL and PYTHON preferred.
  • Knowledge of risk management metrics, KPIs and KRIs.
  • Knowledge of industry trends and regulatory requirements for risk reporting.
  • Product knowledge for the designated business/portfolio.
  • Knowledge of risk management theory, processes and portfolio management reporting techniques.
  • Knowledge of reporting & analytics concepts and applications.
  • Knowledge of risk systems technology.
  • Specialized knowledge from education and/or business experience.
  • Verbal & written communication skills - In-depth.
  • Collaboration & team skills - In-depth.
  • Analytical and problem solving skills - In-depth.
  • Influence skills - In-depth.

Note: This is a hybrid position. Qualified candidates will be required to work in person at the Chicago office twice per week.

We’re here to help

At BMO Harris Bank 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 Harris Bank 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.bmoharris.com

BMO Harris Bank 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. BMO Harris Bank N.A. is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law. 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 Harris Bank does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO Harris Bank, directly or indirectly, will be considered BMO Harris Bank property. BMO Harris Bank 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.

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