Sr. Analyst, Regulatory Reporting
Job Summary
Application Deadline:
Address:
100 King Street WestJob Family Group:
Supports the execution of accurate and efficient cyclical reporting processes for regulatory and management information and note disclosure in financial statements to internal and external stakeholders and regulatory bodies. Works across BMO to deliver specific project/program results in alignment with overall group goals. Supports an efficient and effective Accounting function which uses common information sources and practices reduces ongoing costs increases service level performance and minimizes risk.
- Provides input to reporting policy and procedures.
- Provides specialized support to investigate and resolve complex issues as escalated by the end-users or assigned by management.
- Participates in initiatives as a subject matter expert for an aspect(s) of regulatory reporting systems or business process as may be assigned by the manager.
- Participates in the design and implementation of the changes to the regulatory reporting related business processes including performing UAT.
- Designs and produces regular and ad-hoc reports and dashboards for regulators and executive level reviews.
- Integrates information from multiple sources to enable more efficient processes enhanced analysis and/or streamlined reporting.
- Participates in the design implementation and management of core business/group processes.
- Supports the production of monthly management reports quarterly regulatory submissions and disclosures.
- Executes work to deliver timely accurate and efficient service for monthly quarterly and annual processes for regulatory capital reporting.
- Analyses data and information to provide regulatory reporting and related risk insights and recommendations.
- Supports the interpretation and definition of internal and external policies and regulatory requirements e.g. regulatory capital reporting.
- Works with diverse stakeholders enterprise wide including business finance risk capital management and other corporate and business areas.
- Ensures strong governance and effective controls across regulatory capital reporting activities and information in accordance with enterprise standards.
- Provides attestation to the validity of regulatory capital reporting results and highlight significant information including variances trends opportunities and exposures to their Manager.
- Provides information and support the process for internal (Corporate and SOX) and external audits.
- Gathers and formats data into regular and ad-hoc reports and dashboards.
- Organizes work information to ensure accuracy and completeness.
- Focus is primarily on business/group within BMO; may have broader enterprise-wide focus.
- Exercises judgment to identify diagnose and solve problems within given rules.
- Works independently on a range of complex tasks which may include unique situations.
- Broader work or accountabilities may be assigned as needed.
Qualifications:
- Typically between 4 - 6 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
- Knowledge of regulatory reporting and disclosures is an asset.
- Advanced knowledge in the use of databases and spreadsheets required.
- Strong knowledge of the data query tools (e.g. SQL) is preferred.
- Technical proficiency gained through education and/or 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.
Salary:
Pay Type:
The above represents BMO Financial Groups 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 Groups expected target for the first year in this position.
BMO Financial Groups 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: 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. Well 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 well help you gain valuable experience and broaden your skillset.
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.
Required Experience:
Senior IC
About Company
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