Managing Director & Head, Global Corporate Funding
Managing Director & Head, Global Corporate Funding
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Job Description
Application Deadline:
Address:
100 King Street WestJob Family Group:
Leads strategic build management and execution of the Banks multi billion-dollar global term funding securitization and capital issuance programs. Corporate Treasury is the first line of defence for Enterprise funding management. Ensures the Bank is well-funded at all times and is critical to the achievement of the Banks strategic and growth objectives and its competitive positioning. Minimizes Bank funding costs while broadening the Banks debt investor base. Identifies and recommends actions to Senior Leaders based on market trends or regulatory developments to ensure the Bank is at the forefront of an optimal global funding platform. Coordinates highly technical and complex activities in a fast paced and evolving environment using expert market knowledge and business judgment and strong team leadership and relationship management skills.
Accountabilities:
Acts as lead role in recommending to Senior Leaders (Treasurer CFO CRO Business Heads) the Banks securitization & funding strategy over a multi-year plan horizon. This includes forecasting the banks structural cash position and key regulatory metrics (e.g. TLAC position) to optimize funding strategy while maintaining compliance with legal/regulatory requirements.
Develops strategies and identifies opportunities to maximize performance that will directly affect the success of the Bank. Overall P&L accountability and reporting for funding activities.
Monitors the market environment and related metrics to ensure the Bank has access to diverse and cost-effective funding sources globally.
Oversees the development and manage the execution of the Banks securitization and capital markets funding programs globally. Provides leadership and advocates new initiatives to cross-functional teams comprised of internal and external stakeholders through process from approval to execution. Recommends optimal transaction pricing term and size.
Manage securitization funding programs across asset classes such as credit cards and residential mortgages.
Corporate funding programs include capital senior note and structured product issuance.
Recommends and execute the funding strategy for the Banks supplemental liquid asset portfolio.
Partners with business executives and leaders to develop funding and securitization capabilities and optimize funding and capital opportunities (e.g. Canadian mortgage portfolio) across the Bank. Creates new funding programs to diversify and achieve cost effective funding.
Acts as key liaison with LOB executives and leaders to review recommend and educate on funding costs as well as LOB funding requirements.
Liaises with BMO subsidiaries and cross functional stakeholders to structure & execute successful intercompany funding transactions.
Subject matter expert and senior contact for external investment dealers looking to discuss and execute securitization and capital market funding opportunities for the Bank.
Develops and recommends strategies to expand the Banks investor base and global market access. Recommends and executes debt marketing activities in support of initiatives and oversee development of marketing materials. This includes directly engaging prospective and current investors to expand the Banks global funding capabilities.
Represents the Bank on industry specialty groups and with regulators to advocate the Banks position on market or regulatory developments. Provides updates to Senior Executives on implications of regulatory changes and insight on peer positions.
Subject matter expect for rating agency methodologies; Provides advocacy and analytics to support favourable bank rating and rating agency annual fees
Maintains relationships within the industry to understand the evolution of Corporate Treasury best practices.
Provides funding input for Enterprise-Wide Stress Testing OSFI Macro-Stress Testing and resolution/recovery planning.
Partners with Capital Management Group to structure and execute capital productivity transactions (i.e. risk transfer transactions).
Develop and lead a team of finance professionals supporting the Banks talent pipeline.
Qualifications:
One or more of the following: MBA Finance CPA CFA
15 years of experience in Investment Banking Capital Markets or Treasury
Expert knowledge of financial analysis and financial modeling
Strong understanding of accounting and tax concepts
Strong understanding of capital management
Expert knowledge of securitization or capital markets with transaction experience
Strong knowledge of various research tools including Bloomberg
Strong knowledge of the Banks structure and key product offerings
Deep understanding of the function as outlined and of related industry best practices
Knowledge of economic social and political forces and marketplace trends
Able to apply designation/education and financial experience in a financial services organization
Excellent communication skills both verbal and written
Ability to manage multiple tasks and meet timelines without compromising the integrity of the information
Conceptual and strategic thinker
Ability to influence senior executives and other internal and external stakeholders
Comfort and experience dealing with senior executives
Strong interpersonal and leadership skills
Excellent organizational and analytical skills
Excellent project management skills and able to manage and lead cross functional teams
Ability to synthesize technical information
Strong customer service focus
Please note the base salary range for this position is CAD $175000.00 to CAD $205000.00
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:
Director
Employment Type
Full-Time
