Job Description

100 King Street West Toronto Ontario,M5X 1A1


Leads strategic build, management, and execution of the Bank's 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 Bank's strategic and growth objectives and its competitive positioning. Minimizes Bank funding costs while broadening the Bank's 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 Bank's securitization & funding strategy over a multi-year plan horizon. This includes forecasting the bank's 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 Bank's 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 Bank's 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 Bank's 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 Bank's global funding capabilities. Represents the Bank on industry specialty groups and with regulators to advocate the Bank's 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 Bank's 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 Bank's 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 $175,000.00 to CAD $205,000.00

Salary:

Pay Type:

Salaried


The above represents BMO Financial Group's 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 Group's expected target for the first year in this position.


BMO Financial Group's 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: https://jobs.bmo.com/global/en/Total-Rewards

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.