Manager, Finance at BMO Financial Group
Toronto, ON M8X 1C4, Canada -
Full Time


Start Date

Immediate

Expiry Date

18 Sep, 25

Salary

81600.0

Posted On

19 Jun, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Good communication skills

Industry

Financial Services

Description

100 King Street West Toronto Ontario,M5X 1A1

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.

  • Recommends and implements solutions based on analysis of issues and implications for the business.
  • Assists in the development of strategic plans.
  • Identifies emerging issues and trends to inform decision-making.
  • Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.
  • Helps determine business priorities and best sequence for execution of business/group strategy.
  • Conducts independent analysis and assessment to resolve strategic issues.
  • Leads or participates in change management activities including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives.
  • 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.
  • Focus is primarily on business/group within BMO; may have broader, enterprise-wide focus.
  • Provides specialized consulting, analytical and technical support.
  • Exercises judgment to identify, diagnose, and solve problems within given rules.
  • Works independently and regularly handles non-routine situations.
  • Broader work or accountabilities may be assigned as needed.QUALIFICATIONS:
  • Typically between 5 - 7 years of relevant experience and/or certification in related field of study or an equivalent combination of education and experience.
  • 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.
  • Knowledge of financial analysis and financial modeling.
  • In-depth knowledge of regulatory capital management concepts; capital markets business.
  • In-depth understanding of accounting, balance sheet, and risk management concepts and practices.
  • Deep knowledge and technical proficiency gained through extensive education and business experience.
  • Verbal & written communication skills - In-depth.
  • Collaboration & team skills - In-depth.
  • Analytical and problem solving skills - In-depth.
  • Influence skills - In-depth.
  • Data driven decision making - In-depth.

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

Responsibilities

Please refer the Job description for details

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