Senior Analyst, Hedge Accounting

This individual contributor role offers a unique opportunity for direct exposure to Capital Market trading and a comprehensive overview of hedging risk strategies within the bank. You will be involved in hedging interest rate and foreign exchange risks, gaining in‑depth knowledge of these strategies. The work requires a keen eye for detail and engagement with traders to develop an understanding of financial products. Responsibilities Prepare, review and maintain hedge accounting template and documentation, ensuring compliance with internal policies and accounting standards. Collaborate with Corporate Treasury and Capital Market trading desks to validate and align hedging strategies. Complete and monitor hedge accounting checklists, ensuring timely approval of hedges, validation of terms and appropriate accounting classification. Conduct monthly hedge effectiveness testing to ensure hedge accounting qualification. Reconcile hedging transactions for accuracy and completeness. Support quarterly and year‑end financial disclosure processes, including preparation of hedge reporting packages. Participate in transformation and automation projects; identify areas for process improvements and streamline hedge documentation workflows. Integrate information from multiple sources to support reporting, analysis and process efficiencies. Build effective relationships with internal/external stakeholders, including auditors, risk management and finance teams. Work independently on a range of complex tasks, which may include unique situations. Broader work or accountabilities may be assigned as needed. Qualifications Typically between 4–6 years of relevant experience and a post‑secondary degree in a related field or an equivalent combination of education and experience. Technical proficiency gained through education and/or business experience. Verbal and written communication skills – advanced. Collaboration and team skills – advanced. Analytical and problem‑solving skills – advanced. Influence skills – advanced. Data‑driven decision making – advanced. Salary $61,600.00 – $113,900.00 Pay Type Salaried The above represents BMO Financial Group’s pay range and type. Salaries will vary based on factors such as location, skills, experience, education and qualifications for the role, and may include a commission structure. Salaries for part‑time roles will be pro‑rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position. BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance‑based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total‑Rewards About Us 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. 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. Note to recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes. Seniority level Not Applicable Employment type Full‑time Job function Accounting/Auditing and Finance #J-18808-Ljbffr