Associate Gmo Securitization

6 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

  • Associate, Securitization

    5 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...

  • Associate - Asset Securitization Group

    5 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 and Wholesale Credit Methodology

    3 weeks ago

    Toronto, Ontario, Canada BMO Full time

    Job Summary:BMO seeks a seasoned Senior Manager, Securitization and Wholesale Credit Methodology to lead the development and enhancement of complex credit risk models. The ideal candidate will have a strong background in credit risk model development and a passion for securitization. This role will play a crucial role in shaping the credit risk models that...

  • Associate Director

    3 months ago

    Toronto, Canada S&P Global, Inc Full time

    About the Role:Grade Level (for internal use):12The Team:S&P Global Ratings is seeking an Associate Director to join its Structured Finance practice, which provides credit ratings and opinions for securitizations backed by a wide variety of Esoteric assets. In this role, the Associate Director will

  • Associate - Non-traditional Abs - Structured

    5 months ago

    Toronto, Canada S&P Global Full time

    **The Team**: S&P Global Ratings is seeking an Associate to join its non-traditional asset-backed team within the structured finance practice. The Associate will be part of a team which provides and monitors credit ratings and opinions for securitizations backed by a wide variety of nontraditional assets, including aircraft, container, railcar, NNN, and...

  • U.s Mbs Product Control Associate

    6 months ago

    Toronto, Canada BMO Financial Group Full time

    100 King Street West Toronto Ontario,M5X 1A1 Under the direction of the Associate Director, Product Control this role is the full scope product controller for the Securitized Products Trading and Securitized Credit Trading businesses. This includes daily P&L and PAA reporting, full balance sheet and income statement line management, monthly analysis and...

  • Associate - Financial Services

    4 weeks ago

    Toronto, Ontario, Ontario, Canada BJRC Recruiting Full time

    Our client Is a well known, international full-service Bay Street law firm.Places a high value on mentorship and training.Comes with a lot of great support – talented legal assistants, law clerks and associates.ResponsibilitiesResponsible for day-to-day management of banking and finance files assigned by supervising lawyer.Draft various loan documents and...

  • Associate Director

    2 months ago

    Old Toronto, Canada Fitch Group Full time

    p>Associate Director - Global Infrastructure and Project Finance – Complex Credits Group (CCG) - Toronto Fitch Global Infrastructure and Project Finance Group is currently seeking an Associate Director or Director based out of our Toronto office. The Global Infrastructure and Project Finance Group (GIG) covers approximately 650 credits across...

  • Quantitative Model Validation Associate

    4 weeks ago

    Toronto, Ontario, Canada MUFG Full time

    Make a meaningful impact in the world of finance.Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world, is seeking a skilled Quantitative Model Validation Associate - Market Risk to join our team.As a Quantitative Model Validation Associate - Market Risk, you will be responsible for ensuring the accuracy and reliability of our...

  • Associate Director

    1 month ago

    Old Toronto, Canada Fitch Group, Inc. Full time

    h3>Associate Director - Global Infrastructure and Project Finance - Complex Credits Group (Toronto)Requisition ID: 47079Business Unit: Fitch RatingsCategory: Credit Analysis & ResearchLocation: Toronto, ON, CADate Posted: Sep 14, 2024Fitch Global Infrastructure and Project Finance Group is currently seeking an Associate Director or Director based out of our...

  • Credit Portfolio Management Associate

    2 weeks ago

    Toronto, Ontario, Canada The Toronto-Dominion Bank (Canada) Full time

    Job DescriptionAs a Credit Portfolio Management Associate at TD Securities, you will play a critical role in supporting our Credit team in the Toronto CIB. Your responsibilities will include:Key ResponsibilitiesMarket Data Monitoring: Analyze and report on Credit Default Swaps (CDS) spreads, equity, bond, and CDS pricing for borrowers within the TDS...

  • Associate Director ? Data Management

    4 weeks ago

    Old Toronto, Canada https:www.energyjobline.comsitemap.xml Full time

    h3>Associate Director, Energy and Industrials - Global Infrastructure Group - TorontoAt Fitch, we have an open culture where employees are able to exchange ideas and perspectives, throughout the organization, irrespective of their seniority. We embrace diversity and appreciate authenticity encouraging an environment where employees can be their true selves....

  • Associate Director ? Data Management

    3 weeks ago

    Old Toronto, Canada Fitch Group Full time

    We embrace diversity and appreciate authenticity encouraging an environment where employees can be their true selves. Our inclusive and progressive approach helps us to keep a balanced perspective. Fitch is also committed to supporting its employees by advancing conversations around diversity, equity and inclusion. Fitch’s Employee Resource Groups (ERGs)...

  • Associate Director ? Data Management

    1 month ago

    Old Toronto, Canada Fitch Group Full time

    We embrace diversity and appreciate authenticity encouraging an environment where employees can be their true selves. Our inclusive and progressive approach helps us to keep a balanced perspective. Fitch is also committed to supporting its employees by advancing conversations around diversity, equity and inclusion. Fitch’s Employee Resource Groups (ERGs)...

  • Senior Treasury Officer

    3 months ago

    Old Toronto, Canada TD Bank Full time

    h3>Treasury Manager - Inviting applicants who identify as Persons with DisabilitiesLocation: Toronto, Ontario, CanadaSchedule: 37.5 hours per weekSector: FinanceJob Description:Department Overview: Treasury and Balance Sheet Management (TBSM) manages TD Bank's Canadian and US P&C's non-trading market risk, consolidated liquidity risk and capital positions....

  • Associate Director ? Data Management

    3 months ago

    Old Toronto, Canada Fitch Group, Inc. Full time

    h3> Associate Director, Energy and Industrials - Global Infrastructure Group - Toronto Requisition ID: 46697 Business Unit: Fitch Ratings Category: Credit Analysis & Research Location: Toronto, ON, CA At Fitch, we have an open culture where employees are able to exchange ideas and perspectives, throughout the organization, irrespective of their...

  • Associate Director ? Data Management

    4 weeks ago

    Old Toronto, Canada Fitch Group, Inc. Full time

    h3> Associate Director, Energy and Infrastructure - Global Infrastructure Group - Toronto Requisition ID: 47303 Business Unit: Fitch Ratings Category: Credit Analysis & Research Location: Toronto, ON, CA Date Posted: Oct 30, 2024 At Fitch, we have an open culture where employees are able to exchange ideas and perspectives, throughout the...

  • Equity Research Associate

    6 months ago

    Toronto, Canada BMO Financial Group Full time

    100 King Street West Toronto Ontario,M5X 1A1 BMO Capital Markets is a leading, full-service financial services provider. We offer corporate and investment banking, treasury management, as well as research and advisory services to clients around the world. #bmocapitalmarkets BMO Capital Markets is a leading, full-service North American-based financial...

  • Equity Research Associate

    6 months ago

    Toronto, Canada BMO Financial Group Full time

    100 King Street West Toronto Ontario,M5X 1A1 BMO Capital Markets is a leading, full-service financial services provider. We offer corporate and investment banking, treasury management, as well as research and advisory services to clients around the world. #bmocapitalmarkets BMO Capital Markets is a leading, full-service North American-based financial...

  • Sales Support Associate

    2 months ago

    Toronto, Canada MCAP Full time

    **Sales Support Associate** **MCAP at a Glance** Joining MCAP means you will be a part of our diverse workforce of highly talented individuals who are recognized for their expertise and success! At MCAP, your professional expertise, commitment to teamwork and passion for service excellence are recognized and rewarded with competitive total rewards...