Senior Manager, Liquidity and Funding Strategies

3 weeks ago


Toronto, Ontario, Canada Bank of Montreal Full time
Senior Manager, Liquidity and Funding - Trading Products

Location: Toronto, ON, CAN

Time Type: Full time

Job Family Group: Finance & Accounting

Role Overview: This position is pivotal in the development, oversight, and execution of a comprehensive liquidity and funding management framework within Corporate Treasury. The goal is to optimize risk and enhance risk-adjusted profitability for the Bank.

Key Responsibilities:

  • Provide expert guidance on the assessment, analysis, and management of the Bank's global regulatory and internal funding risks stemming from Trading and Capital Markets activities.
  • Collaborate with assigned business units to cultivate a deep understanding of their strategies, products, market dynamics, and regulatory requirements across all wholesale and trading products.
  • Advise on strategies for mitigating liquidity and funding risks, as well as product innovation and optimization.
  • Contribute to the formulation of the Bank's risk measurement and reporting processes related to liquidity and funding management.
  • Act as a trusted advisor, offering strategic insights to senior leadership on business decisions and new initiatives.
  • Network with industry peers to gather competitive intelligence and best practices.
  • Lead the execution of liquidity and funding-related strategic initiatives to achieve business and financial objectives.
  • Analyze issues and recommend liquidity and funding solutions tailored to the business's needs.
  • Support the development and execution of the enterprise's liquidity and funding risk management strategy in collaboration with Market Risk Management.
  • Establish processes to identify, measure, and manage liquidity and funding risks for Trading Products and Wholesale Businesses.
  • Serve as a key resource for Trading Products and Capital Markets stakeholders on liquidity and funding issues, including funds transfer pricing and stress testing.
  • Maintain and enhance the model and assumptions framework used for measuring liquidity and funding risk.
  • Identify emerging trends and issues to inform strategic decision-making.
  • Provide insights into business product pricing and funds transfer pricing through data analysis.
  • Facilitate collaboration among various stakeholders to align agendas and advocate for the Bank's position on market developments.
  • Monitor liquidity stress test performance and address any arising issues.
  • Contribute to liquidity and funding programs, including annual planning and risk modeling.
  • Identify opportunities to integrate information across capital, liquidity, and market risk for improved analysis and reporting.
  • Utilize expertise to creatively address complex situations and develop effective solutions.

Qualifications:

  • Minimum of 5 years of relevant experience with a post-secondary degree in a related field or an equivalent combination of education and experience.
  • Extensive knowledge of trading products, wholesale funding, derivatives, and associated liquidity risks.
  • Exceptional verbal and written communication skills.
  • Strong analytical and problem-solving abilities.
  • Proven influence and collaboration skills.
  • Adept at managing ambiguity and making data-driven decisions.
  • Familiarity with intraday liquidity and experience in Risk or Capital Markets is advantageous.

Compensation: Competitive salary and comprehensive benefits package.

The Bank of Montreal is dedicated to fostering an inclusive and accessible workplace. We value the diverse perspectives of our employees and are committed to providing accommodations for candidates throughout the selection process.



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