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Bank of Montreal

Runs Canadian and US banks for people and firms

Manager – Liquidity & Funding Management

TreasuryConfirmed live in the last 24 hours
Full-timeToronto, ON, CanadaIn-person

About the Job

Requirements

  • Typically, 5 to 7 years of relevant experience and a post-secondary degree in a related field of study, or an equivalent combination of education and experience.
  • Deep knowledge and technical proficiency gained through extensive education and business experience.
  • In-depth verbal and written communication skills.
  • In-depth collaboration and team skills.
  • In-depth analytical and problem-solving skills.
  • In-depth influence skills.
  • In-depth data-driven decision-making skills.

Responsibilities

  • Support the build, management, and execution of an enterprise-wide liquidity and funding management framework to optimize risks and maximize risk-adjusted profitability.
  • Provide expertise for the measurement, analysis, and oversight of global regulatory and internal funding risks arising from business and group activities.
  • Develop a solid understanding of assigned business or portfolio strategies and in-depth product, market, and regulatory knowledge across retail, commercial, and trading products.
  • Advise on liquidity and funding risk mitigation, product development, and optimization.
  • Support development of the Bank’s liquidity risk measurement and reporting processes for liquidity and funding management.
  • Recommend and implement liquidity and funding solutions based on analysis of issues and their implications for the business.
  • Support development and execution of the Enterprise’s liquidity and funding risk management strategy for executive and Board approval, collaborating with Market Risk Management to recommend related risk appetite limits.
  • Develop processes to identify, measure, and manage liquidity and funding risks with Market Risk Management, businesses, and other Finance areas.
  • Act as a trusted advisor to assigned business or group on liquidity and funding matters, including recovery and resolution planning.
  • Develop and maintain the model and assumption framework used to measure liquidity and funding risk, and recommend changes; regularly review liquidity objectives, positions, and assumptions, including for new business transactions.
  • Identify emerging issues and trends to inform decision-making and understand risk drivers.
  • Recommend and implement solutions based on risk assessments, analysis of issues, and their implications for the business.
  • Act as a liaison between stakeholders, including industry specialty groups and regulators, to align agendas, clarify business context, and advocate the Bank’s position on market or regulatory developments.
  • Monitor liquidity stress-testing processes and address issues, including enterprise-wide stress testing, OSFI macro-stress testing, and ad hoc testing.
  • Provide input into the planning and implementation of liquidity and funding risk modeling activities and programs.
  • Integrate information from multiple sources to enable more efficient processes, enhanced analysis, and streamlined reporting.
  • Gather and format data into regular and ad hoc reports and dashboards.
  • Monitor and track balance sheet usage, and address issues.
  • Design and produce regular and ad hoc reports and dashboards.
  • Analyze data and information to provide insights into business product pricing and funds transfer pricing processes.
  • Support development and execution of liquidity and funding-related strategic initiatives in collaboration with internal and external stakeholders.
  • Provide specialized consulting, analytical, and technical support.
  • Exercise judgment to identify, diagnose, and solve problems within given rules.
  • Work independently and regularly handle non-routine situations.
  • Take measured risks while protecting the Bank by applying the Risk Management Framework in line with Risk Culture and approved Risk Appetite; make sound, risk-informed decisions aligned with business strategy, protect assets, and comply with applicable policies, laws, and regulations.

About the Company

Bank of Montreal

Runs Canadian and US banks for people and firms

Bank of Montreal, known as BMO, runs a Canadian bank and a large American bank, serving households and businesses on both sides of the border. Until the Bank of Canada opened in 1935, it acted as the Canadian government's banker. People use its branches and apps for accounts, mortgages, credit cards, and investments, while companies borrow from it and turn to its BMO Capital Markets arm to raise money and trade securities. BMO makes money on the gap between the interest it charges on loans and pays on deposits, plus fees from managing wealth and advising on deals. Bank of Montreal was founded in 1817 as Canada's first bank, and it keeps its legal head office in Montreal and its executive offices in Toronto, Canada.

Company size
10,001+
Company stage
IPO
Headquarters
Toronto, Canada
Founded
1817

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