Senior Manager, Line of Business Capital Management

Senior Manager, Line of Business Capital Management Join to apply for the Senior Manager, Line of Business Capital Management role at BMO . Overview Supports the management and execution of the Bank’s capital management framework and related capital management strategies, initiatives and operational programs to ensure compliance and optimize the efficiency of capital resources. Provides advice to internal and external stakeholders for capital planning, monitoring, reporting, and execution of capital transactions. Monitors the external market to understand best practices and recommend adoption within BMO. Acts as a key contact with stakeholders and industry groups regarding capital management reporting, policies and practices within their area of responsibility. Responsibilities Provides strategic input into business decisions as a trusted advisor. Makes recommendations to senior leaders on strategy and new initiatives, based on an in-depth understanding of the business/group. Acts as a subject matter expert on relevant regulations and policies. Leads the design, development, and program management of effective capital management programs for the business / portfolio strategy. Manages resources and leads the execution of strategic initiatives to deliver on business and financial goals. Helps determine business priorities and best sequence for execution of business/group strategy. Conducts independent analysis and assessment to resolve strategic issues. Develops the business case by identifying needs, analysing potential options and assessing expected return on investment. Acts as primary relationship manager for the enterprise capital management center of expertise. May own the relationship with internal & external stakeholders. Defines business requirements for analytics & reporting to ensure data insights inform business decision making. Leads the design, development, and program management of effective capital management programs for the business / portfolio strategy. Applies specialized knowledge and provides advice on the interpretation of regulatory capital rules. Influences and negotiates to achieve business objectives. Recommends and implements capital management solutions based on analysis of issues and implications for the business. Includes available Capital and capital usage (i.e. LE, RWA, RC) versus limits. Supports the development of Corporate Standards, operating principles and guidelines to support the Capital Management Framework. Conducts analysis to evaluate capital impacts of bank initiatives/actions/business transactions e.g. acquisitions. Plans Capital requirements and develops capital targets and capital allocation methodology recommendations. Monitors Capital usage (i.e., Capital Demand), Capital Supply (including Available Capital and deductions) and Capital adequacy. Supports the execution of the Enterprise capital adequacy assessment in partnership with Risk Management. Monitors competitive and regulatory developments, assesses impacts of changes and advises on implications the enterprise/business/group. May network with industry contacts, rating agencies and regulators on capital and funding issues to influence as well as gather competitive insights and practices. Builds effective relationships with internal/external stakeholders. Acts as liaison between stakeholders in order to align agendas and ensure a clear understanding of the business context. Breaks down strategic problems, and analyses data and information to provide capital management insights and recommendations. Monitors and tracks capital performance / drivers of capital performance, and addresses any issues. Gathers and formats data into regular and ad‑hoc reports, and dashboards. Operates at a group/enterprise-wide level and serves as a specialist resource to senior leaders and stakeholders. Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to problems that can be complex and non‑routine. Implements changes in response to shifting trends. Broader work or accountabilities may be assigned as needed. Qualifications Typically 7+ years of relevant experience and post‑secondary degree in related field of study or an equivalent combination of education and experience. In‑depth / expert knowledge of economic, social and political forces and marketplace trends. One or more of the following preferred: MBA Finance, CA, CFA, CGA, CMA. Experience in Finance, Capital Markets, or Treasury. In‑depth knowledge of financial analysis and financial modeling. In‑depth / expert knowledge of regulatory capital management concepts; capital markets business. In‑depth / expert understanding of accounting, balance sheet, and risk management concepts and practices. Seasoned professional with a combination of education, experience and industry knowledge. Verbal & written communication skills - In‑depth / Expert. Analytical and problem solving skills - In‑depth / Expert. Influence skills - In‑depth / Expert. Collaboration & team skills; with a focus on cross‑group collaboration - In‑depth / Expert. Able to manage ambiguity. Data driven decision making - In‑depth / Expert. Salary $103,200.00 – $192,000.00 Benefits Health insurance, tuition reimbursement, accident and life insurance, retirement savings plans, and other perks and rewards. BMO also offers performance‑based incentives, discretionary bonuses and other benefits. For more details, view the BMO Total Rewards page. About Us At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. We call 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. We value, respect, and listen to our team, providing growth opportunities and resources from day one. BMO is committed to an inclusive, equitable and accessible workplace. Accommodations are available on request for candidates taking part in all aspects of the selection process. Recruiter Notice BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO will be considered BMO property and 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 to submit resumes. #J-18808-Ljbffr