Impress employers and recruiters.
Choose from hundreds of resume examples.

Target Resume Now

About the Role

Product Control for Global Equities & Financing Solutions (GEFS) related businesses in BMO Capital Markets & BMO London Branch entities. Requires extensive business and technical knowledge to manage the overall needs of the European Equity Desks from a Global Middle Office/Product Control perspective. Responsible for daily/monthly P/L production, Product Control, and new business initiatives impacting the function, primarily for ADR/ORD, Relative Value, Single Stock Derivatives, Index, and ETF desks.

Responsibilities

Prepare and distribute timely and accurate daily P/L and Profit attribution for the GEFS line of business.
Review daily P/L for large fluctuations and bring them to the attention of management.
Perform Front-Office to Back-Office reconciliations.
Gain a working knowledge of the trade flow process from inception to G/L.
Develop a thorough understanding of the P/L reporting, product accounting, settlement, and General Ledger systems (e.g., Imagine, Calypso, GMI, Global1, CMART, GLOSS, IBUK, FC).
Ensure correct bookings in the general ledger.
Ensure that new products are set up correctly in the P/L tracking process.
Demonstrate an understanding of product-related balance sheet and income statement line items.
As appropriate, record, upload, reconcile, and/or coordinate all general ledger postings for product-related activity.
Prepare P/L and Balance Sheet Reconciliations as part of month-end close.
Coordinate with legal entity and regulatory accounting, risk, operations, and other support groups.
Create and update monthly analysis with regard to key business drivers.
Prepare commentary and standard period over period analysis.
Identify opportunities to improve the operational effectiveness of assigned day-to-day activities.
Utilize BMO approved AI tools and take initiatives to improve process efficiency and productivity.

Requirements

Undergraduate degree
Accounting qualification
5+ years of relevant industry experience
Established background in Product Accounting and P&L production/reporting
Strong knowledge and understanding of Corporate Actions
Excellent grasp of ADRORD/Relative Value/Index Arbitrage trading strategies
Good product knowledge of Equity Derivatives
Good knowledge of standard desktop applications like Microsoft Office.
An understanding of the business unit’s key products and services, processes, and controls
An understanding of the business unit’s risk and regulatory requirements

Skills

Microsoft Office suite
Strong organisational skills
Self-starter and motivated
Ability to work to time-sensitive deadlines
Excellent attention to detail
Excellent analytical skills
Strong focus on meeting client needs
Personable and able to function in a team environment

Location

100 Liverpool Street

Work Type

Salaried

Experience Level

5+ years of relevant industry experience

Education Level

Undergraduate degree
Accounting qualification

Salary/Compensations

Salaried

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.