Associate Gmo Securitization

4 months ago

Toronto, Canada BMO Financial Group Full time

100 King Street West Toronto Ontario,M5X 1A1

The BMO CM Technology & Operations (T&O) group provides end-to-end support for the global CM business lifecycle from origination to settlement. Through partnership with members of the CM business, the team relies on its deep expertise and capabilities to serve a variety of colleagues from trade desk, P&L, back office and technology groups. Our customer experience strategy keeps us closely aligned with business partners and helps us accelerate our speed to market while delivering superior product and service quality.

The Canadian Securitization Group (CSG) is a structuring desk that sits within BMO CM’s Global Markets division. It provides advisory and funding solutions through different programs it has developed, including conduits such as the Canadian Master Trust (CMT), Ridge Trust and Precision Trust. The latest addition, Podium Trust is a new Special Purpose Entity collaborating CSG with its US counterpart to fund BMO by issuing Collateralized Commercial Paper (CCP) backed by assets owned by various desks and entities within BMO CM.

Mandate

As part of the Global Trade Support (GTS) group under T&O, we are looking to fill a Associate vacancy within the Securitization Trade Desk Support (TDS) team to mainly support the CSG desk. In this role you will leverage advanced product knowledge and critical thinking skills to effectively support the resolution of issues, manage trade support risk topics, participate in cross functional initiatives, play a key role in supporting the introduction of new products, technology and/or processes, and act as an escalation point for business issues and challenges related to GTS activities.

You will be accountable for, but not limited to, the
- execution of assigned activities for various products and processes in accordance with firm and industry standards and regulations
- development of excellent working relationships with various Trading Products desks, Product Operations personnel and other stakeholder groups
- support of Business Partner initiatives, participating in the due diligence and implementation activities and actively participating in stakeholder forums (Project Delivery/ Technology/ Risk)

Key Accountabilities

Product & Process
- Accountable for the execution of assigned day-to-day GTS activities in a timely, accurate and efficient basis
- Support the resolution of business issues, ensuring potential problem areas or trends are escalated to management as required
- Play a key role in the support of Business Partner initiatives, effectively performing analysis and supporting implementation activities
- Participate in various stakeholder forums (Project Delivery/ Technology/ Regulatory/ Risk) in support of GTS activities
- Work closely with internal and external stakeholders in support of GTS activities
- Calculating daily cash projection to supply the FO daily funding figure (activity report). Failures in providing a good number could result in overdraft or negative interest fee that may lead to operational losses
- Crucial direct client support assisting in calculating client program fees, cost of funding & stand-by fees. These fees are the desk’s main revenue sources and are sent directly to our clients
- Ensure timely funding amounts are sent to clients; reconcile client requests and set up client wires
- Create client invoices and respond to client requests
- Provide assistance with critical month end and year end reporting
- Other tasks as assigned

B. Risk & Control
- Identify potential risk situations within the scope of GTS activities, make recommendations and/ or escalate to management as required
- Ensure adherence to directives, internal processes and internal approvals to mitigate risk to the Bank
- Understand regulatory and compliance requirements as prescribed for the business unit, and provide recommendations and implement actions to ensure adherence as required
- Ensure adherence to all aspects of First Principles, Our Code of Business Conduct and Ethics Corporate Policy, as well as all applicable legislation, regulatory rules and requirements, and Bank standards, policies and procedures (P&P’s) for such things as potential conflicts of interest, safeguarding of customer information, trading in securities, anti-money laundering, privacy and disclosure of outside business activities
- Ensure strict confidentiality is maintained for both customer and Bank information to protect the customer and the Bank and to ensure compliance with Bank P&P’s
- Manage risk and minimize losses through monitoring and controlling various reports and taking appropriate action, ensuring compliance requirements, audits and verifications are completed in accordance with Bank P&P’s
- Ensure deal forms are kept current in order to accurately calculate client fees and issue invoices
- Ensure invoices are paid on time to avoid service disruptions among vendors

C. Business Performance Management
- Identify oppor

  • Manager, Securitization

    3 weeks ago

    Toronto, Ontario, Canada BMO Full time

    Job Title: Manager of Securitization & Wholesale Credit Methodology BMO Financial Group is seeking a seasoned professional to lead the development and refinement of securitization models, ensuring they accurately reflect the credit risk associated with wholesale lending and meet stringent regulatory standards. About the Role: Lead the development and...

  • Securitization Manager

    1 week ago

    Toronto, Ontario, Canada BMO Full time

    Job Title: Securitization ManagerWe are seeking a highly skilled Securitization Manager to join our team at BMO. As a key member of our Enterprise Risk Group, you will play a critical role in shaping the credit risk models that quantify and manage the risks associated with our corporate customers.Key Responsibilities:Lead the development and refinement of...

  • Securitization Manager

    7 days ago

    Toronto, Ontario, Canada BMO Full time

    Job Title: Securitization ManagerWe are seeking a highly skilled Securitization Manager to join our team at BMO. As a key member of our Enterprise Risk Group, you will play a critical role in shaping the credit risk models that quantify and manage the risks associated with our corporate customers.Key Responsibilities:Lead the development and refinement of...

  • Securitization Manager

    3 weeks ago

    Toronto, Ontario, Canada BMO Full time

    About the RoleWe are seeking a highly skilled Securitization Manager to join our Enterprise Risk Group at BMO. As a key member of our team, you will play a crucial role in shaping the credit risk models that quantify and manage the risks associated with our corporate customers.Key ResponsibilitiesSecuritization Expertise: Lead the development and refinement...

  • Securitization Manager

    3 weeks ago

    Toronto, Ontario, Canada BMO Full time

    About the RoleWe are seeking a highly skilled Securitization Manager to join our Enterprise Risk Group at BMO. As a key member of our team, you will play a critical role in shaping the credit risk models that quantify and manage the risks associated with our corporate customers.Key ResponsibilitiesSecuritization Expertise: Lead the development and refinement...

  • Securitization Manager

    2 weeks ago

    Toronto, Ontario, Canada BMO Full time

    About the RoleWe are seeking a highly skilled Securitization Manager to join our Enterprise Risk Group at BMO. As a key member of our team, you will play a critical role in shaping the credit risk models that quantify and manage the risks associated with our corporate customers.Key ResponsibilitiesSecuritization Expertise: Lead the development and refinement...

  • Securitization Manager

    2 weeks ago

    Toronto, Ontario, Canada BMO Full time

    About the RoleWe are seeking a highly skilled Securitization Manager to join our Enterprise Risk Group at BMO. As a key member of our team, you will play a critical role in shaping the credit risk models that quantify and manage the risks associated with our corporate customers.Key ResponsibilitiesSecuritization Expertise: Lead the development and refinement...

  • Director of Securitization

    2 weeks ago

    Toronto, Ontario, Canada Momentum Financial Services Group_new Full time

    Director of Securitization & Funding Momentum Financial Services is a leading provider of financial services in North America, committed to providing financial solutions that meet the evolving needs of consumers and business owners. Job Summary The Director of Securitization & Funding will support the Treasurer in optimizing Momentum's capital...

  • Associate, Securitization

    3 months ago

    Toronto, Canada CIBC Full time

    We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients. At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are...

  • Securitization Expert Lead

    2 weeks ago

    Toronto, Ontario, Canada Bank of Montreal Full time

    Job SummaryWe are seeking a seasoned professional to lead our securitization efforts and develop robust credit risk models. As a key member of our Enterprise Risk Group, you will play a critical role in shaping our credit risk management framework and ensuring compliance with regulatory standards.Key ResponsibilitiesSecuritization Expertise: Develop and...

  • Securitization Expert Lead

    2 weeks ago

    Toronto, Ontario, Canada Bank of Montreal Full time

    Job SummaryWe are seeking a seasoned professional to lead our securitization efforts and develop robust credit risk models. As a key member of our Enterprise Risk Group, you will play a critical role in shaping our credit risk management framework and ensuring compliance with regulatory standards.Key ResponsibilitiesSecuritization Expertise: Develop and...

  • Director of Securitization

    3 months ago

    Toronto, Canada Momentum Financial Services Group_new Full time

    Job DescriptionGENERAL FUNCTION The Director of Securitization & Funding will support the Treasurer in optimizing Momentum’s capital structure through financial planning and analysis activities related to Momentum’s debt facilities and securitization initiatives aimed at funding future growth aspirations.DUTIES/RESPONSIBILITIESWork with Treasurer and...

  • Director of Securitization

    3 months ago

    Old Toronto, Canada Momentum Financial Services Group_new Full time

    Job DescriptionGENERAL FUNCTIONThe Director of Securitization & Funding will support the Treasurer in optimizing Momentum’s capital structure through financial planning and analysis activities related to Momentum’s debt facilities and securitization initiatives aimed at funding future growth aspirations.DUTIES/RESPONSIBILITIESWork with Treasurer and...

  • Securitization Operations Manager

    1 month ago

    Toronto, Ontario, Canada Royal Bank of Canada> Full time

    Position OverviewRole SummaryWhat is the opportunity?The Manager of Asset Securitization Operations plays a crucial role in overseeing the execution and continuous management of Corporate Treasury's Securitization and Term Funding initiatives.Key ResponsibilitiesOversee the administration of the covered pool mortgage portfolio, including the management of...

  • Director of Securitization

    1 month ago

    Toronto, Canada Momentum Financial Services Group_new Full time

    Company DescriptionMomentum Financial Services is a leading provider of financial services in North America. For 40 years, we've been committed to providing financial solutions that meet the evolving needs of consumers and business owners. Through our retail network of over 400 locations, known as Moneymart, Insta Cheques and the Cheque Cashing store, we...

  • Securitization Analyst

    2 weeks ago

    Toronto, Ontario, Canada Equitable Bank Full time

    About the RoleThis is a key position within Equitable Bank's securitization team, responsible for providing financial reporting and accounting support to the business. The successful candidate will have a strong background in accounting and financial analysis, with experience in securitization and mortgage-backed securities.Key ResponsibilitiesProvide...

  • Securitization Analyst

    2 weeks ago

    Toronto, Ontario, Canada Equitable Bank Full time

    About the RoleThis is a key position within Equitable Bank's securitization team, responsible for providing financial reporting and accounting support to the business. The successful candidate will have a strong background in accounting and financial analysis, with experience in securitization and mortgage-backed securities.Key ResponsibilitiesProvide...

  • Head of Securitization Strategy

    1 month ago

    Toronto, Ontario, Canada Momentum Financial Services Group Full time

    Company OverviewMomentum Financial Services Group stands as a premier provider of financial solutions across North America. With a legacy spanning four decades, we are dedicated to delivering innovative financial products that cater to the diverse needs of both consumers and businesses. Our extensive retail network, comprising over 400 locations, facilitates...

  • Associate - Asset Securitization Group

    3 months ago

    Toronto, Canada TD Bank Full time

    **Associate - Asset Securitization Group**: - 416826BR **Job Category - Primary** - Securities / Wholesale Banking **Work Location** - TD Centre - East - 222 Bay Street **Employment Type** - Regular **City** - Toronto **Time Type** - Full Time **Province/State** - Ontario **Hours** - 37.5 **Workplace Model** - Hybrid **Pay Details** **Department...

  • Senior Manager, Securitization Operations

    1 month ago

    Toronto, Ontario, Canada Royal Bank of Canada> Full time

    Position OverviewRole SummaryWhat is the opportunity?The Senior Manager of Securitization Operations plays a crucial role in overseeing the execution and continuous management of Corporate Treasury's Securitization and Term Funding initiatives.Key ResponsibilitiesOversee the administration of the covered pool mortgage portfolio, including activities related...