Application Deadline :
07 / 11 / 2024
Address : 100 King Street West
100 King Street West
Job Family Group : Finance & Accounting
Finance & Accounting
Supports the build, management, and execution of an enterprise-wide liquidity and funding management framework to optimize risks and maximize risk-adjusted profitability.
Provides expertise for the measurement, analysis, and oversight of the Bank's global regulatory and internal funding risks arising from business / group business activities.
In partnership with the assigned business / portfolio, develops a solid understanding of the business strategies and in-depth product, market, and regulatory knowledge across all retail, commercial, and trading products.
Advises on liquidity and funding risk mitigation, product development, and optimization. Supports the development of liquidity Bank's risk measurement and reporting processes for liquidity and funding management.
- Provides strategic input into business decisions as a trusted advisor.
- Makes recommendations to senior leaders on strategy and new initiatives, based on an in-depth understanding of the business / group.
- Acts as a subject matter expert on relevant regulations and policies.
- May network with industry contacts to gain competitive insights and best practices.
- Recommends strategic priorities and leads the execution.
- Manages resources and leads the execution of liquidity & funding related strategic initiatives to deliver on business and financial goals.
- Recommends strategic priorities and leads the execution.
- Works with stakeholders to establish priorities.
- Manages resources and leads the execution of liquidity & funding related strategic initiatives to deliver on business and financial goals.
- May own internal / external stakeholder relationships.
- Leads the execution of liquidity & funding programs; assesses and adapts as needed to ensure quality of execution.
- Recommends and implements liquidity and funding solutions based on analysis of issues and implications for the business.
- Supports development and execution of Enterprise's liquidity and funding risk management strategy for executive and Board approval in collaboration with Market Risk Management to recommend liquidity and funding-related risk appetite limits.
- Develops processes to identify, measure, and manage liquidity and funding risks in conjunction with Market Risk Management, businesses, and other Finance areas.
- Acts as a trusted advisor to assigned business / group on liquidity and funding matters including recovery and resolution planning.
- Develops and maintains the model and assumption framework used to measure liquidity and funding risk and recommends changes (e.
g. regularly reviews liquidity objectives, positions and assumptions, including for new business transactions).
- Identifies emerging issues and trends to inform decision-making and understand risk drivers.
- Recommends and implements solutions based on risk assessments, analysis of issues, and implications for the business.
- Acts as liaison between stakeholders including industry specialty groups and regulators to align agendas, ensure a clear understanding of the business context, and advocate the Bank's position on market or regulatory developments.
- Monitors performance of liquidity stress testing processes and addresses any issues (e.g. enterprise-wide stress testing, OSFI macro-stress testing, ad-hoc testing).
- Provides input into the planning and implementation of liquidity and funding risk modeling activities and programs.
- Integrates information from multiple sources to enable more efficient processes, enhanced analysis and / or streamlined reporting.
- Gathers and formats data into regular and ad-hoc reports, and dashboards.
- Monitors and tracks balance sheet usage, and addresses any issues.
- Designs and produces regular and ad-hoc reports, and dashboards.
- Analyzes data and information to provide insights into business product pricing and funds transfer pricing processes.
- Supports development and execution of liquidity and funding-related strategic initiatives in collaboration with internal and external stakeholders.
- Operates at a group / enterprise-wide level and serves as a specialist resource to senior leaders and stakeholders.
- Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to problems that can be complex and non-routine.
- Implements changes in response to shifting trends.
- Broader work or accountabilities may be assigned as needed.
Qualifications :
- Typically 7+ years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
- Seasoned professional with a combination of education, experience and industry knowledge.
- Verbal & written communication skills - In-depth / Expert.
- Analytical and problem solving skills - In-depth / Expert.
- Influence skills - In-depth / Expert.
- Collaboration & team skills; with a focus on cross-group collaboration - In-depth / Expert.
- Able to manage ambiguity.
- Data driven decision making - In-depth / Expert.
Salary :
$100,800.00 - $187,200.00
Pay Type : Salaried
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.
Senior Manager, Instructional Design (E-Learning)
Handle change and complexity and to thrive in a fast-paced setting with significant responsibility and opportunity for impact. You have a strong background in Instructional Design, with hands-on experience developing e-learning content and courses preferably in the area of Financial and compliance. ...
Senior Manager, Compliance and Risk Management
This role is focused on liaison with Partners and Staff from all lines of service about the application of standards and policies pertaining to personal independence, including those established by the Securities and Exchange Commission (SEC), Public Company Accounting Oversight Board (PCAOB), CPA C...
Senior Manager, Channel Management - Cash Management & Transaction Banking - Toronto
Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capit...
Senior Manager, Identity and Access Management (Cyber Information Security)
The Identity and access Management (IAM) team is looking for someone with extensive experience in leading Identity Governance and Administration (IGA), Customer Identity and Access Management (CIAM) and Privileged Access Management (PAM) technical teams, which design and run enterprise IAM program. ...
Senior Project Manager - Wastewater Services **MARKHAM, ON**
In that position, you will work closely with the Client Services Lead on business development activities to grow the Ontario water business, including client liaison and proposal preparation as well as project manager for design and construction projects for water and wastewater treatment and biosol...
Senior Manager, Rewards, Equity & Incentives Tax Advisory
You will perform and guide clients and internal teams in all aspects of employee rewards focusing on the design and operation of incentive arrangements and executive remuneration, both for private and public companies. This includes, but is not limited to, people with disabilities, candidates from I...
Senior Manager, Incident Management (Bilingual) (GCS)
The Senior Manager, Incident Management supports RBC’s responsibility to manage RBC’s Duty of Care and Duty of Warn programs for all employees globally. Additionally, you will support the design, implementation, and management of a full range of security policies, programs and resources across the g...
HR Workday and Operations Manager
Reporting into Senior Manager, Employee Experience and Program Delivery, the Workday and Operations Manager plays a crucial role in overseeing and optimizing our human resources processes, managing and automating them within Workday HCM. As a key Workday resource, the candidate will possess strong W...
Senior Manager, Enterprise Performance Management
The Enterprise Performance Management team provides the CFO, Group Executive, and the Board of Directors with insightful and timely advice and analysis to support and influence decision making. You will work closely with and support the Senior Director, Enterprise Performance Management, in successf...
Senior Manager Pension and Benefits Delivery, GHR (Bilingual: Spanish)
Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capit...