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BMO
BMO

Manager, Liquidity Reporting

Posted 3 days ago

Job Details

Location

Canada

Job Description

Application Deadline:

07/30/2024

Address:
100 King Street West

Job Family Group:

Finance & Accounting

Responsibilities:
  • Participate in the sourcing, validation, analysis, and reconciliation of data used for Collateral and Pledging Report (H4) and Interest Rate Risk Return (I3) production and other data-focused regulatory filings
  • 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 and Skills:
  • Experience with data governance and data management principles and processes
  • Advanced experience with SQL
  • Proficient with MS Office (Word, Visio, PowerPoint, Outlook) and SharePoint
  • Experience with AxiomSL ControllerView Regulatory Reporting software is preferred
  • 7+ years of experience in areas such as risk/portfolio management and analysis, banking/trading product operations, finance/accounting, liquidity risk management, and information systems with a strong mix of domain knowledge and technical skills
  • Strong natural affinity for structuring and organizing large amounts of data in order to satisfy continually evolving reporting needs
  • Strong analytical skills and knowledge of liquidity and encumbrance concepts
  • Detail oriented and strong organizational skills
  • Good communication skills (written and verbal)
  • Comfortable working both independently and collaboratively in a dynamic and fast-paced team environment
  • Results oriented and delivery focused
  • Adaptable to frequently changing reporting requirements and varied work assignments
  • Able to deliver high-quality results under tight deadlines
Supports the execution of accurate and efficient cyclical reporting processes for regulatory and management information and note disclosure in financial statements to internal and external stakeholders and regulatory bodies. Works across BMO to deliver specific project/program results in alignment with overall group goals. Supports an efficient and effective Accounting function which uses common information sources and practices, reduces ongoing costs, increases service level performance and minimizes risk.
  • 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.
  • Acts as a trusted advisor to assigned business/group related to financial management systems and reporting production.
  • Influences and negotiates to achieve business objectives.
  • Recommends and implements solutions based on analysis of issues and implications for the business.
  • Assists in the development of strategic plans.
  • Identifies emerging issues and trends to inform decision-making.
  • Provides specialized support to investigate and resolve complex issues as escalated end-users or assigned by management.
  • Participates in initiatives as a subject matter expert for an aspect(s) of financial reporting systems or business process.
  • Reviews the reporting program/processes for effectiveness, considers industry trends and recommends enhancements; makes changes as required.
  • Manages relationships with end-users, other stakeholders to support change management and program/process changes.
  • Designs and produces regular and ad-hoc reports, and dashboards for regulators and executive level reviews.
  • Integrates information from multiple sources to enable more efficient processes, enhanced analysis and/or streamlined reporting.
  • Leads in the design, implementation and management of core business/group processes.
  • Supports the production of financial, regulatory, and management reporting requirements.
  • Executes work to deliver timely, accurate, and efficient service for monthly, quarterly and annual processes for reporting.
  • Analyses data and information to provide financial, regulatory and related risk insights and recommendations.
  • Supports the interpretation and definition of internal and external policies and regulatory requirements e.g. credit reporting.
  • Ensures strong governance and effective controls across finance & accounting activities and information in accordance with enterprise standards.
  • Provides attestation to the validity of financial results and highlight significant information including variances, trends, opportunities and exposures to their Manager.
  • Provides information and support the process for internal (Corporate and SOX) and external audits.
  • Gathers and formats data into regular and ad-hoc reports, and dashboards.
  • Organizes work information to ensure accuracy and completeness.
  • 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 between 5 - 7 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
  • 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.
Salary :

$74,800.00 - $138,600.00

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

We're 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 - 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.bmo.com/ca/en .

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.

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.

About BMO

THERE’S NEVER BEEN A BETTER TIME TO BE PART OF BMO. We’ve set our sights on being the bank that defines great customer experience. Our customers’ needs are changing and so are we. Everyone who works here has a role to play in making a difference for our customers. Every day. It’s an amazing feeling when you know you’re making a customer’s life better, and you can do it at BMO – whether you’re imagining a new product, designing a customer experience, streamlining an application, launching a marketing campaign or just being there in a very human way with the right answer.

Industry

Banking & Finance

Company Size

10,000+ employees

Application closing date is 2024-09-15

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