Senior Manager Liquidity and Funding Stress Testing

Date limite pour présenter sa candidature :

Adresse :

Groupe de famille d'emploi :

In this individual contributor level role, you will have access to understand the entire balance sheet of the bank including banking book and trading book. Role is to assess the stress scenario and look through and how it would impact the balance sheet based on what happens in the market / economics. You will have opportunity to gain deep understanding on how the trading pieces work.

Corporate Treasury is responsible in finding the best ways for BMO to deploy its financial resources within regulatory guidelines and the bank's risk appetite. Treasury manages the allocation of financial resources, including liquidity, funding, and capital, ensuring financial resiliency and alignment with building a future-ready bank with leading profitability. Treasury teams are strategically focused, have a collaborative nature, and possess strong problem-solving skills.

Liquidity and Funding Management within Corporate Treasury is accountable for the measurement, analysis, and oversight of the Bank’s regulatory and internal liquidity and funding risks that arise from global businesses. The individual will partner with senior management to develop a solid understanding of business strategies and develop in-depth product, market and regulatory knowledge across retail and trading products. This knowledge will guide businesses and senior management on liquidity and funding risk mitigation, product development, and balance sheet optimization.

The candidate is part of a team that is accountable for the quantitative measurement and analysis of the bank’s liquidity and funding risks that arise from global business activities through the development of quantitative and stress testing models. This involves utilizing the latest modeling methodologies and applying those methodologies to build robust risk models to support Corporate Treasury’s liquidity risk framework and business decisions.

The candidate will support the enhancement of the liquidity risk framework, including risk assessment, measurement, limit methodologies and development, report automation, and participation in cross-departmental projects. The role’s primarily focus will be on the execution of enterprise stress testing, including the implementation and maintenance of models and processes used to systematically measure funding and liquidity risks across the bank’s balance sheet.

Key Responsibilities and Requirements

• Collaborate with Businesses, and Finance and Risk partners across the stress testing programs (e.g. enterprise-wide, Regulatory and ad-hoc stress testing) to evaluate the potential impact to the bank’s balance sheet, funding capability and liquidity position under stress scenarios.

• Responsible for liquidity stress testing programs that evaluate liquidity and funding risks under stress scenarios, including in-depth analysis to identify potential vulnerabilities and continuous enhancements to meet evolving internal and regulatory expectations.

• Participate in stress testing enhancements to improve accuracy, efficiency, and controls.

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

• Supports development and execution of Enterprise’s liquidity and funding risk management strategy for senior management 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 Bank’s position on market or regulatory developments.

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

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

• Analyzes data and information to communicate 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.

• Provides specialized consulting, analytical and technical support.

• Exercises judgment to identify, diagnose, and solve problems.

• Works independently and regularly handles non-routine situations.

• Broader work or accountabilities may be assigned as needed.

Qualifications and skills:

• Typically between 5 - 7 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience

• Deep knowledge and technical proficiency of financial products gained through extensive education and/or business experience

• Experience in enterprise stress testing and liquidity and funding forecasting and analysis

• Knowledge and experience in financial modelling, including but not limited to, Excel, PowerBI, and SQL. SAS, R, Python or other tools beneficial.

• 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.

Salaire :

Type de rémunération :

Ce qui précède représente la fourchette et le type de rémunération de BMO Groupe financier.

Les salaires varieront en fonction de facteurs comme l’emplacement, les compétences, l’expérience, les études et les qualifications pour le poste et pourront inclure une structure de commissions. Les salaires pour les postes à temps partiel seront calculés au prorata du nombre d’heures travaillées régulièrement. Pour les rôles à commission, le salaire susmentionné représente la cible de BMO Groupe financier pour la première année au poste.

La rémunération totale offerte par BMO variera selon le type de rémunération associé au poste et peut comprendre des primes de rendement, des primes discrétionnaires ainsi que d’autres avantages et récompenses. BMO offre également une assurance santé, le remboursement des frais de scolarité, une assurance accident et une assurance vie, ainsi que des régimes d’épargne-retraite. Pour en savoir plus sur nos avantages sociaux, consultez le site : https://jobs.bmo.com/ca/fr/R%C3%A9mun%C3%A9ration-globale

À propos de nous

À BMO, nous sommes animés par une raison d’être commune : Avoir le cran de faire une différence dans la vie, comme en affaires. Cette raison d’être nous invite à entraîner des changements positifs et durables pour nos clients, nos collectivités et nos gens. En travaillant ensemble, en innovant et en repoussant les limites, nous transformons des vies et des entreprises et favorisons la croissance économique partout dans le monde.

En tant que membre de l'équipe de BMO, vous êtes valorisé, respecté et entendu, et vous avez plus de moyens pour progresser et obtenir des résultats. Nous nous efforçons de vous aider à obtenir des résultats dès le premier jour, pour vous-même et nos clients. Nous vous offrirons les outils et les ressources dont vous avez besoin pour franchir de nouvelles étapes, car vous aidez nos clients à franchir les leurs. Au moyen de formation et de coaching approfondis ainsi que de soutien de la direction et d'occasions de réseautage, nous vous aiderons à acquérir une expérience enrichissante et à élargir votre groupe de compétences.

Pour en savoir plus, visitez-nous à l'adresse https://jobs.bmo.com/ca/fr.

BMO s'engage à offrir un milieu de travail inclusif, équitable et accessible. Nous apprenons de nos différences et tirons notre force des gens et de leurs différents points de vue. Des mesures d’adaptation sont disponibles sur demande pour les candidats qui participent à tous les aspects du processus de sélection. Pour demander des mesures d’adaptation, veuillez communiquer avec votre recruteur.

Remarque aux recruteurs : BMO n’accepte pas les curriculum vitæ non sollicités provenant de toute source autre que le candidat directement. Tout curriculum vitæ non sollicité envoyé à BMO, directement ou indirectement, sera considéré comme la propriété de BMO. BMO ne paiera aucuns frais pour les placements découlant de la réception d’un curriculum vitæ non sollicité. Une agence de recrutement doit d’abord détenir une entente de service écrite valide et dûment signée avant d’envoyer des curriculum vitæ.