About the Role
Supports the management and execution of the Bank’s capital management framework and related capital management strategies, initiatives and operational programs to ensure compliance and optimize the efficiency of capital resources. Provides advice to and acts as a key contact for stakeholders for capital forecasting, reporting, and, monitoring.
Responsibilities
- Prepares the enterprise regulatory capital forecast and analysis.
- Gathers and formats data into regular and ad-hoc reports, and dashboards.
- Recommends and implements AI / automation solutions based on business requirements, objectives and deliverables.
- Breaks down problems, analyses data and information to provide capital management insights and recommendations.
- Exercises judgment to identify issues and resolve problems.
- Conducts independent analysis and assessment of issues; recommends and implements solutions.
- Identifies emerging issues and trends to inform decision-making.
- Helps determine business priorities and best sequence for execution of initiatives.
- Supports the execution of strategic initiatives in collaboration with stakeholders, including assisting in the analysis to evaluate capital impacts of Corporate Development transactions (i.e., acquisitions, divestitures).
- Monitors and tracks capital usage by businesses, capital performance / drivers of capital performance, and addresses any issues.
- Monitors regulatory developments; works with stakeholders to assess impacts of changes and advises on implications for the enterprise/business.
- Leads or participates in change management activities including readiness assessments, forecasting, stakeholder management, execution, evaluation and sustainment of initiatives.
- Supports the development of Corporate Standards, operating principles and guidelines to support the Capital Management Framework.
- Builds effective relationships with stakeholders.
- May act as liaison between stakeholders in order to align agendas and ensure a clear understanding of the business context.
- Works independently and regularly handles non-routine situations.
- Broader work or accountabilities may be assigned as needed.
Requirements
- Typically between 5 - 7 years of relevant experience and/or certification in related field of study or an equivalent combination of education and experience.
- Experience in Finance, Treasury, Risk or Capital Markets.
- In-depth knowledge of regulatory capital management concepts.
- In-depth understanding of accounting, balance sheet, and risk management concepts and practices.
- Knowledge of financial analysis and financial modeling.
- Knowledge of economic, social and political forces and marketplace trends.
- Experience with Excel and SAS (or Python).
- Excellent verbal and written communication skills.
- Strong collaboration and team skills.
- Strong analytical and problem solving skills.
Skills
- Excel
- SAS
- Python
- Financial Analysis
- Financial Modeling
- Collaboration
- Teamwork
- Analytical Skills
- Problem Solving
Location
- 100 King Street West
Work Type
- Salaried
Experience Level
- 5-7 years
Education Level
- CPA
- CFA
- MBA Finance
Salary/Compensations
- $82,800.00 - $154,800.00
Benefits
- Health insurance
- Tuition reimbursement
- Accident and life insurance
- Retirement savings plans
About the Company
- 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.
Equal Opportunity
- 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.
