B

Bank of Montreal

Runs Canadian and US banks for people and firms

Intraday Liquidity Manager

TreasuryConfirmed live in the last 24 hours
Full-timeChicago, IL, USAIn-person

About the Job

Requirements

  • Typically, five to seven 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 in measuring, analyzing, and overseeing the Bank’s global regulatory and internal funding risks arising from business and group activities.
  • Develop a solid understanding of assigned business and portfolio strategies, products, markets, 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 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, business groups, 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 those 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 and analysis of issues and business implications.
  • Liaise with 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 planning and implementation of liquidity and funding risk modeling activities and programs.
  • Integrate information from multiple sources to improve process efficiency, analysis, and reporting.
  • Gather and format data for 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 with internal and external stakeholders.
  • Focus primarily on a business or group within BMO, with potential for broader enterprise-wide scope.
  • Provide specialized consulting, analytical, and technical support.
  • Exercise judgment to identify, diagnose, and solve problems within established rules.
  • Work independently and regularly handle non-routine situations.
  • Apply BMO’s Risk Management Framework and Risk Culture, operate within approved Risk Appetite, make sound risk-informed decisions aligned with business strategy, protect assets, and comply with applicable policies, standards, procedures, laws, and regulations.
  • Undertake broader work or accountabilities as assigned.

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

Recently Posted Jobs

Explore more opportunities at Bank of Montreal

See more jobs