Enterprise Liquidity and Funding Specialist

7 days ago


Toronto, Ontario, Canada BMO Full time
Job Summary

We are seeking a highly experienced Senior Manager, Liquidity and Funding to join our team at BMO. This role will be responsible for leading the development and execution of our enterprise-wide liquidity and funding management framework.

Key Responsibilities
  • Develop and implement strategic plans to optimize liquidity and funding risks and maximize risk-adjusted profitability.
  • Provide expertise on liquidity and funding risk measurement, analysis, and oversight, including regulatory and internal funding risks.
  • Collaborate with business stakeholders to develop a solid understanding of business strategies and product, market, and regulatory knowledge.
  • Advise on liquidity and funding risk mitigation, product development, and optimization.
  • Support the development of liquidity and funding risk measurement and reporting processes.
  • Provide strategic input into business decisions and make recommendations to senior leaders on strategy and new initiatives.
  • Act as a subject matter expert on relevant regulations and policies.
  • Network with industry contacts to gain competitive insights and best practices.
  • Manage resources and lead the execution of liquidity and funding related strategic initiatives.
  • Recommend and implement liquidity and funding solutions based on analysis of issues and implications for the business.
  • Support the development and execution of Enterprise's liquidity and funding risk management strategy.
  • Develop processes to identify, measure, and manage liquidity and funding risks.
  • Act as a trusted advisor to assigned business stakeholders on liquidity and funding matters.
  • Develop and maintain the model and assumption framework used to measure liquidity and funding risk.
  • 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.
  • Monitor performance of 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.
Requirements
  • Typically 5+ years of relevant experience and post-secondary degree in a 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.
  • Verbal and written communication skills - In-depth/Expert.
  • Analytical and problem-solving skills - In-depth/Expert.
  • Influence skills - In-depth/Expert.
  • Collaboration and 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

We offer a competitive salary range of $100,000 to $187,200 per year, as well as a comprehensive benefits package, including health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans.

We are 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.



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