Sr Mgr, Liquidity and Funding

1 week ago


Toronto, Ontario, Canada BMO Full time

Job Title: Liquidity and Funding Management Specialist

Company: BMO Financial Group

About the Role:

This is an exciting opportunity to join our team as a Liquidity and Funding Management Specialist. As a key member of our Corporate Treasury team, you will play a critical role in building, managing, and executing an enterprise-wide liquidity and funding management framework to optimize risks and maximize risk-adjusted profitability for the Bank.

Key Responsibilities:

  • Provide strategic input into business decisions as a trusted advisor.
  • Make recommendations to senior leaders on strategy and new initiatives, based on an in-depth understanding of the business, group or new product initiative.
  • Act as a subject matter expert on relevant regulations and policies.
  • Network with industry contacts to gain competitive insights and best practices.
  • Recommend strategic priorities and lead the execution.
  • Manage resources and lead the execution of liquidity & funding related strategic initiatives to deliver on business and financial goals.
  • Recommend and implement liquidity and funding solutions based on analysis of issues and implications for the business.
  • Support development and execution of Enterprise's liquidity and funding risk management strategy for executive and Board approval in collaboration with Market Risk Management.
  • Develop processes to identify, measure, and manage liquidity and funding risks for Trading Products and Wholesale Businesses in conjunction with Market Risk Management, Global Markets, and Finance areas.
  • Act as a trusted advisor to assigned Trading Products and Capital Markets business stakeholders on liquidity and funding matters.
  • Develop and maintain the model and assumption framework used to measure liquidity and funding risk and recommend changes.
  • Identify emerging issues and trends to inform decision-making and understand risk drivers.
  • Recommend and implement solutions based on risk assessments, analysis of issues, and implications for the business.
  • Help senior management to align agendas between various stakeholders and advocate the Bank's position on market or regulatory developments.
  • Monitor performance of the liquidity stress tests and address any issues arising from related stress testing.
  • Provide input into liquidity and funding programs such as annual planning, risk modeling and stress testing.
  • Identify opportunities to link integrate information from multiple streams to enable enhanced analysis and/or robust reporting.
  • Analyze data and information to provide insights into business product pricing and funds transfer pricing processes.
  • Support development and execution of liquidity and funding-related strategic initiatives in collaboration with internal and external stakeholders.
  • Operate at a group/enterprise-wide level and serve as a specialist resource to senior leaders and stakeholders.

Qualifications:

  • Typically 5+ 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.
  • Solid understanding of trading products including trading strategies, wholesale funding, derivatives and associated liquidity risks on a Trading Balance Sheet.
  • 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.
  • Knowledge of intraday liquidity and/or prior experience in Risk or Capital Markets area while not necessary, is an advantage.

What We Offer:

BMO Financial Group is committed to an inclusive, equitable and accessible workplace. We offer a comprehensive compensation package, including a competitive salary, benefits, and opportunities for professional growth and development.

About BMO:

BMO Financial Group is a leading financial institution with a long history of innovation and customer service. 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.



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