Manager, Liquidity and Funding Management
Bank Of Montreal (BMO) based in Toronto, ON is inviting applications from suitable candidates for the position of Manager, Liquidity and Funding Management. The Bank of Montreal (BMO) is one of Canada’s oldest and most distinguished financial institutions. BMO serves millions of customers across Canada and internationally. BMO provides comprehensive financial products and services tailored to meet the diverse needs of its clients. Renowned for its commitment to innovation, integrity, and customer service excellence, BMO plays a central role in Toronto’s financial sector, contributing to the city’s status as a global financial hub. The candidates selected for the vacancy will be required to start the work as soon as possible.
Also hiring: Highway snow removal equipment operator
Job Description:
Employer Name: Bank Of Montreal (BMO)
Position: Manager, Liquidity and Funding Management
No of Vacancies: 1
Salary: $81,600.00 – $151,200.00 Annually
Employment Type: Full time
Location: Toronto, ON
Job Location: 100 King Street West
Requisition ID/Job ID: R240012238
Requirements:
Languages: Candidates must have knowledge of the English Language
Education: Candidates should have a post-secondary degree in related field of study or an equivalent combination of education and experience
Experience: Candidates should have typically between 5 – 7 years of relevant experience
Other Requirements:
- The candidates should have deep knowledge and technical proficiency gained through extensive education and business experience
- The candidates should possess in-depth verbal and written communication skills
- The candidates should demonstrate in-depth collaboration and team skills, as well as in-depth analytical and problem-solving skills
- The candidates should have in-depth influence skills and excel in data-driven decision-making
Responsibilities:
- The candidates should be able to support the build, management, and execution of an enterprise-wide liquidity and funding management framework to optimize risks and maximize risk-adjusted profitability
- The candidates should be able to provide expertise for the measurement, analysis, and oversight of the Bank’s global regulatory and internal funding risks arising from business/group business activities
- The candidates should be able to, in partnership with the assigned business/portfolio, develop a solid understanding of the business strategies and in-depth product, market, and regulatory knowledge across all retail, commercial, and trading products
- The candidates should be able to advise on liquidity and funding risk mitigation, product development, and optimization
- The candidates should be able to support the development of the Bank’s risk measurement and reporting processes for liquidity and funding management
- The candidates should be able to recommend and implement liquidity and funding solutions based on the analysis of issues and implications for the business
- The candidates should be able to support the development and execution of the Enterprise’s liquidity and funding risk management strategy for executive and Board approval in collaboration with Market Risk Management
- The candidates should be able to develop processes to identify, measure, and manage liquidity and funding risks in conjunction with Market Risk Management, businesses, and other Finance areas
- The candidates should be able to act as a trusted advisor to assigned business/group on liquidity and funding matters including recovery and resolution planning
- The candidates should be able to develop and maintain the model and assumption framework used to measure liquidity and funding risk and recommend changes
- The candidates should be able to identify emerging issues and trends to inform decision-making and understand risk drivers
- The candidates should be able to act as a 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
- The candidates should be able to monitor the performance of liquidity stress testing processes and address any issues
- The candidates should be able to provide input into the planning and implementation of liquidity and funding risk modeling activities and programs
- The candidates should be able to integrate information from multiple sources to enable more efficient processes, enhanced analysis, and/or streamlined reporting
- The candidates should be able to gather and format data into regular and ad-hoc reports and dashboards, monitor and track balance sheet usage, and design and produce reports and dashboards
- The candidates should be able to analyze data to provide insights into business product pricing and funds transfer pricing processes, support liquidity and funding-related strategic initiatives, and focus primarily on business/group within BMO
- The candidates should provide specialized consulting, analytical, and technical support, exercise judgment to identify and solve problems within given rules, work independently, and handle non-routine situations regularly
Benefits:
- The candidate will get compensation package
- The candidate will get performance-based incentives, discretionary bonuses
- The candidate will get perks and rewards
- The candidate will get health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans
How to apply:
If the position is fit for you and the basic requirements are fulfilled then you can now apply directly to the employer (along with your resume) through the below-mentioned details.