Analyst, Liquidity and Funding

01/23/2025

Address:

100 King Street West

Finance & Accounting

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

Management of liquidity and funding risk in BMO Capital Markets, including the monitoring and reporting of funding activity, collateral usage, liability diversification, intra-day collateral and payments activity. Ensure compliance with Bank policies, standards and guidelines as the first line-of-defence. In this capacity, work with the Lines of Business (LOBs), Corporate Treasury, and Enterprise Risk & Portfolio Management to ensure the safety and soundness of BMO Capital Markets through oversight and management of liquidity and funding risks. 

Assess impacts of liquidity and funding risk related to regulatory requirements, internal risk metrics, and business strategy, as well as, recommending actions to senior leadership of Capital Markets to optimize the balance sheet under various binding constraints. Participate as team member accountable to build new technology infrastructure to support monitoring, reporting and analysis of Capital Markets balance sheet. Implement and maintain Funds Transfer Pricing (FTP) for Global Markets trading business.

Key Accountabilities:

• Accountable for BMO Capital Market’s liquidity and funding risk management, monitoring and reporting processes as the first-line-of-defence;
• Monitor for adherence to Corporate Policies, Corporate Standards, and Corporate Guidelines;
• Working closely with Technology & Operations, to design, develop and implement analytic models which support oversight of liquidity risk in BMO Capital Markets;
• Produce timely and accurate management information related to liquidity and funding activity, collateral usage, liability diversification, liquidity coverage ratio, net cumulative cash flow and net liquidity position.
• Produce meaningful ad hoc analysis of balance sheet impacts under various scenarios related to capital, liquidity, and funding;
• Participate as team member on projects will help improve/optimize the performance of Capital Markets businesses under various binding balance sheet constraints;
• Develop liquidity and funding stress scenario testing to mitigate potential risks;
• Work closely with LOBs on business initiatives to identify and proactively manage any potential liquidity and funding exposures/opportunities;
• Building and maintaining robust balance sheet and liquidity forecasting tools to support growth initiatives;
• Work with LOBs to ensure compliance with liquidity and funding limits and guidelines;
• Prepare reports for senior management and risk oversight of Capital Markets on liquidity and funding risk; and
• Participate in and facilitate periodic audits by Internal Audit, external parties and regulatory agencies.

Qualifications

Knowledge:

• CPA, CFA, FRM (or comparable);
• 2 – 5+ years’ experience, with exposure to one or more of the following: liquidity and funding measurement and management, capital management, treasury markets, collateral management, business process improvement and financial reporting;
• Understanding of international financial markets and banking & broker/dealer regulatory environments;
• Working knowledge of trading and settlement systems, loan systems;
• In-depth knowledge of MS Office suite including but not limited to (Excel, PowerPoint, Word) and/or VBA, SQL, and python.
• Experience and understanding of liquidity and funding principles, market and credit risk management practices, funds transfer pricing principles, financial instruments, and Trading Products operations;
• Understanding of international best practices in capital, liquidity and funding management, and process improvement.

Skills:

• Ability to understand and analyze complex financial products and transactions (i.e. derivatives, secured financing transactions, structured products, and fixed income);
• Ability to assist in development of analytical models and decompose complex transactions;
• A desire to work in high-pace environment;
• Excellent written and oral communication skills;
• Ability to handle multiple tasks and flexibility to re-prioritize and manage conflicting demands;
• Strong data management skills and/or familiarity with one or more of the following: SQL, VBA macros, python
• Relationship management / internal client focus;
• Strong process and change management skills; and
• Strong presentation skills.

At BMO, you have more than a job. We help you turn your potential into performance. Working here means being part of a team of talented and passionate individuals with a shared focus on working together to deliver great customer experiences.

BMO Financial Group is committed to an inclusive, equitable and accessible workplace. By embracing diversity, we gain strength through our people and our perspectives. We welcome and encourage applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process

$53,400.00 - $99,000.00

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

We’re here to help

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.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset.

To find out more visit us at https://jobs.bmo.com/ca/en.

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.