Senior Manager, US Liquidity and Funding

Address:

Job Family Group:

To create more opportunities for innovation problem solving mentorship and career development through natural collisions and conversation please note that this hybrid role requires in-person attendance at our Chicago or Milwaukeeoffices four days per week.

Supports the build management and execution of an enterprise-wide liquidity and funding management framework to optimize risks and maximize risk-adjusted profitability. Provides expertise for the measurement analysis and oversight of the Banks global regulatory and internal funding risks arising from business/group business activities. In partnership with the assigned business/portfolio develops a solid understanding of the business strategies and in-depth product market and regulatory knowledge across all retail commercial and trading products. Advises on liquidity and funding risk mitigation product development and optimization. Supports the development of liquidity Banks risk measurement and reporting processes for liquidity and funding management.

• Provides strategic input into business decisions as a trusted advisor.

• Makes recommendations to senior leaders on strategy and new initiatives based on an in-depth understanding of the business/group.

• Acts as a subject matter expert on relevant regulations and policies.

• May network with industry contacts to gain competitive insights and best practices.

• Recommends strategic priorities and leads the execution.

• Manages resources and leads the execution of liquidity & funding related strategic initiatives to deliver on business and financial goals.

• Recommends strategic priorities and leads the execution.

• Works with stakeholders to establish priorities.

• Manages resources and leads the execution of liquidity & funding related strategic initiatives to deliver on business and financial goals.

• May own internal/external stakeholder relationships.

• Leads the execution of liquidity & funding programs; assesses and adapts as needed to ensure quality of execution.

• Recommends and implements liquidity and funding solutions based on analysis of issues and implications for the business.

• Supports development and execution of Enterprises liquidity and funding risk management strategy for executive and Board approval in collaboration with Market Risk Management to recommend liquidity and funding-related risk appetite limits.

• Develops processes to identify measure and manage liquidity and funding risks in conjunction with Market Risk Management businesses and other Finance areas.

• Acts as a trusted advisor to assigned business/group on liquidity and funding matters including recovery and resolution planning.

• Develops and maintains the model and assumption framework used to measure liquidity and funding risk and recommends changes (e.g. regularly reviews liquidity objectives positions and assumptions including for new business transactions).

• Identifies emerging issues and trends to inform decision-making and understand risk drivers.

• Recommends and implements solutions based on risk assessments analysis of issues and implications for the business.

• Acts as liaison between stakeholders including industry specialty groups and regulators to align agendas ensure a clear understanding of the business context and advocate the Banks position on market or regulatory developments.

• Monitors performance of liquidity stress testing processes and addresses any issues (e.g. enterprise-wide stress testing OSFI macro-stress testing ad-hoc testing).

• Provides input into the planning and implementation of liquidity and funding risk modeling activities and programs.

• Integrates information from multiple sources to enable more efficient processes enhanced analysis and/or streamlined reporting.

• Gathers and formats data into regular and ad-hoc reports and dashboards.

• Monitors and tracks balance sheet usage and addresses any issues.

• Designs and produces regular and ad-hoc reports and dashboards.

• Analyzes data and information to provide insights into business product pricing and funds transfer pricing processes.

• Supports development and execution of liquidity and funding-related strategic initiatives in collaboration with internal and external stakeholders.

• Operates at a group/enterprise-wide level and serves as a specialist resource to senior leaders and stakeholders.

• Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to problems that can be complex and non-routine.

• Implements changes in response to shifting trends.

• Broader work or accountabilities may be assigned as needed.

Qualifications:

• Typically 7 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.

• Seasoned professional with a combination of education experience and industry knowledge.

• Verbal & written communication skills - In-depth / Expert.

• Analytical and problem solving skills - In-depth / Expert.

• Influence skills - In-depth / Expert.

• Collaboration & team skills; with a focus on cross-group collaboration - In-depth / Expert.

• Able to manage ambiguity.

• Data driven decision making - In-depth / Expert.

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.

To find out more visit us at is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race religion color national origin sex (including pregnancy childbirth or related medical conditions) sexual orientation gender identity gender expression transgender status sexual stereotypes age status as a protected veteran status as an individual with a disability or any other legally protected characteristics. We also consider applicants with criminal histories consistent with applicable federal state and local law.

BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process please send an e-mail to and let us know the nature of your request and your contact information.

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.