Associate, Correspondent Banking Network Management

at  BMO Financial Group

100 King Street West Toronto Ontario,M5X 1A1
The Associate, Correspondent Banking Network Management is responsible for providing exceptional, proactive day to day operational service support, acting as a service representative for BMO’s Correspondent Banking relationships – Nostro clients. The Associate, Network Management will work with key internal stakeholders and provide oversight of provider evaluations and the selection process for the payment providers via standardized criteria.
This role supports the Bank’s strategy for growing partnerships with key Correspondent Banking relationships and will work closely with the Director, Network Management assisting with assessing clearing providers and leveraging the business which BMO awards to its payment providers. Through assessment we ensure BMO receives top quality services at a competitive price along with other key terms and conditions required by our internal
stakeholders.

KNOWLEDGE AND SKILLS:

Knowledge:

• University Degree, at least 5-7 years of relevant experience in Correspondent Banking or Wholesale Banking.
• Strong relationships with internal and external business partners.
• Strong knowledge of the bank’s key products and services used by internal stakeholders who require Nostro Treasury Management services including equities, fixed income & custody.
• Experienced SWIFT Payment expert with strong knowledge of Global Payment Industry.
• Client focused ability to consult with BMO Business Partners on service preference and requirements.

Skills:

• Strong customer service skills & problem resolution
• Excellent written and oral communication skills.
• Good analytical, prioritization and organizational skills.
• Proficiency in MS Excel, MS Word, MS Access Database, MS Power Point, Payment Systems- WRAP, PODR, SWIFT Watch, PSH and I-Match
• Good interpersonal / network skills
• Self-confident with the ability to advocate persuasively.
• Strong capability to work independently, proactive, and positive attitude.
• Analyze and solve complex problems, multi-task, and manage tight timelines.

KEY ACCOUNTABILITIES

• Client and Relationship Management _ 60%:
• Risk Management and Control __ 20%:
• Change and Innovation _ 20%:

ABOUT US

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

Please refer the Job description for details