Bank of Montreal

Senior Data Scientist, Investment Distribution

Bank of Montreal$82K — $154K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of relevant experience in data science, analytics, or a related field.
  • Strong expertise in SQL and programming languages like Python or SAS.
  • Advanced skills in data visualization tools such as PowerBI.
  • Intermediate knowledge of mathematics, statistics, and operations research.
  • Familiarity with asset management and financial institutions is a plus.

Responsibilities

  • Analyze large datasets to identify trends and patterns using machine learning and AI algorithms.
  • Collaborate with teams to advise on data-driven decision making and business planning.
  • Design and develop predictive models to improve business outcomes.
  • Conduct feasibility assessments of AI/ML solutions for data processing needs.
  • Provide specialized consulting and technical support for data initiatives.
  • Innovate data strategies aimed at enhancing consumer understanding.
  • Utilize data visualization techniques for effective communication of insights.

Benefits

  • Health insurance offerings, including accident and life insurance.
  • Tuition reimbursement for continued education.
  • Retirement savings plans with varying structures.
  • Opportunity for performance-based incentives and discretionary bonuses.
Full Job Description
Application Deadline:

07/04/2026

Address:
100 King Street West

Job Family Group:

Data Analytics & Reporting

A data science specialist position that combines knowledge of financial markets and investment sales with data and technology skills. Uses advanced analytical algorithms and technologies (e.g. machine learning, deep learning, artificial intelligence) to mine and analyze large sets of structured and unstructured data to obtain insights. Designs and constructs new processes for modeling data. Develops predictive models and leverages data technology to design solutions that deliver smarter business decisions. Data visualization and dashboard management expected to be part of day-to-day. The ideal candidate will be collaborative and sociable, and will work with data engineers to set up analytics, as well as investment distribution teams to implement analytics solutions.
  • Plays an active role in the futuristic display of data, and advancement of innovative data strategies to understand consumer trends and address business problems.
  • Uses data mining and extracting usable data from valuable data sources to assess feasibility of AI/ML solutions for improved processing and usage of organization data.
  • Conducts large-scale analysis of information to discover patterns and trends by combining different modules and algorithms.
  • Uses analysis to provide recommendations and advice for business leaders to maintain to maintain market competitiveness.
  • Develops prediction systems and machine learning algorithms. Investigates additional technologies and tools for developing innovative data solutions for business stakeholders.
  • Collaborate together with the product team and partners to understand and provide data-driven decision making, business planning and future roadmap.
  • 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:

Intermediate level of proficiency:
  • Mathematics, statistics & operations research.
  • Machine learning.
  • Trust, bias and ethics.
  • Creative thinking.
  • Critical thinking.

Advanced level of proficiency:
  • Big data.
  • Data visualization.
  • Computational thinking and programming.
  • Data wrangling.
  • Data preprocessing.
  • Creative reasoning.
  • Verbal & written communication skills.
  • Collaboration & team skills.
  • Analytical and problem solving skills.
  • Influence skills.
  • Data driven decision making.
  • Typically between 5 - 7 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
  • SQL, Python/SAS, and visualization (e.g., PowerBI) skills are essential.
  • Knowledge of asset management, sales, and/or financial institutions an asset.


Salary:

$82,800.00 - $154,800.00

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, please visit: https://jobs.bmo.com/global/en/Total-Rewards

About Bank of Montreal

The Bank of Montreal is a Canadian multinational investment bank and financial services company. It provides a wide range of personal and commercial banking, wealth management, and investment banking products and services. The bank had revenues of CAD 23.6 billion in 2020.
Learn more about Bank of Montreal
Size
45,454 employees
Market Cap
$60.9 billion
Industry
Founded
1817
5 Year Trend
+9.1%
NASDAQ

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