Associate, GMO Securitization

Date limite pour présenter sa candidature :

Adresse :

Groupe de famille d'emploi :

The BMO CM Technology & Operations (T&O) group provides end-to-end support for the global Capital Markets (CM) business lifecycle from origination to settlement. Through partnership with members of the CM business, the team relies on its deep expertise and capabilities to serve a variety of colleagues from trade desk, P&L, back office and technology groups. Our customer experience strategy keeps us closely aligned with business partners and helps us accelerate our speed to market while delivering superior product and service quality.

The Canadian Securitization Group (CSG) is a structuring desk that sits within BMO CM’s Global Markets division. It provides advisory and funding solutions through different programs it has developed, including conduits such as the Canadian Master Trust (CMT), Ridge Trust and Precision Trust. The latest addition, Podium Trust is a new Special Purpose Entity collaborating CSG with its US counterpart to fund BMO by issuing Collateralized Commercial Paper (CCP) backed by assets owned by various desks and entities within BMO CM.

Mandate

As part of the Global Trade Support (GTS) group under T&O, we are looking to fill an Associate vacancy within the Securitization Trade Desk Support (TDS) team to mainly support the Podium desk. In this role you will leverage advanced product knowledge and critical thinking skills to effectively support the resolution of issues, manage trade support risk topics, participate in cross functional initiatives, play a key role in supporting the introduction of new products, technology and/or processes, and act as an escalation point for business issues and challenges related to GTS activities.

You will be accountable for, but not limited to, the

• execution of assigned activities for various products and processes in accordance with firm and industry standards and regulations
• development of excellent working relationships with various Trading Products desks, Product Operations personnel and other stakeholder groups
• support of Business Partner initiatives, participating in the due diligence and implementation activities and actively participating in stakeholder forums (Project Delivery/ Technology/ Risk)

Key Accountabilities

A. Product & Process

• Accountable for the execution of assigned day-to-day GTS activities in a timely, accurate and efficient basis
• Support the resolution of business issues, ensuring potential problem areas or trends are escalated to management as required
• Play a key role in the support of Business Partner initiatives, effectively performing analysis and supporting implementation activities
• Participate in various stakeholder forums (Project Delivery/ Technology/ Regulatory/ Risk) in support of GTS activities
• Work closely with internal and external stakeholders in support of GTS activities

• Calculating daily cash projection to supply the FO daily funding figure (activity report). Failures in providing a good number could result in overdraft or negative interest fee that may lead to operational losses
• Crucial direct client support assisting in calculating client program fees, cost of funding & stand-by fees. These fees are the desk’s main revenue sources and are sent directly to our clients
• Ensure timely funding amounts are sent to clients; reconcile client requests and set up client wires
• Create client invoices and respond to client requests
• Provide assistance with critical month end and year end reporting

• Other tasks as assigned

B. Risk & Control

• Identify potential risk situations within the scope of GTS activities, make recommendations and/ or escalate to management as required
• Ensure adherence to directives, internal processes and internal approvals to mitigate risk to the Bank
• Understand regulatory and compliance requirements as prescribed for the business unit, and provide recommendations and implement actions to ensure adherence as required
• Ensure adherence to all aspects of First Principles, Our Code of Business Conduct and Ethics Corporate Policy, as well as all applicable legislation, regulatory rules and requirements, and Bank standards, policies and procedures (P&P’s) for such things as potential conflicts of interest, safeguarding of customer information, trading in securities, anti-money laundering, privacy and disclosure of outside business activities
• Ensure strict confidentiality is maintained for both customer and Bank information to protect the customer and the Bank and to ensure compliance with Bank P&P’s
• Manage risk and minimize losses through monitoring and controlling various reports and taking appropriate action, ensuring compliance requirements, audits and verifications are completed in accordance with Bank P&P’s
• Ensure deal forms are kept current in order to accurately calculate client fees and issue invoices
• Ensure invoices are paid on time to avoid service disruptions among vendors

C. Business Performance Management

• Identify opportunities to improve the operational effectiveness of assigned day-to-day GTS activities
• Deliver exceptional customer service that builds trust through responsive, accurate, consistent, knowledgeable and available services and support
• Develop excellent working relationships with CM Trading Products desks, Product Operations and other stakeholder groups ensuring we have a global view across the business
• Align individual performance goals to the team and organizational goals
• Demonstrate behaviours that are consistent with “Being BMO”

Knowledge and Skills

• 3 - 5 years of business-related experience in the financial services industry
• University degree/ college diploma in related discipline
• Advanced knowledge and understanding of a range of financial products including fixed income, equities, credit, commodities and derivatives
• Knowledge of the financial markets and regulatory oversight bodies
• General knowledge of securitization ( MBS, ABS, CLN) an asset
• Highly developed written and oral communication skills
• Ability to thrive under tight deadlines independently or in a team-based environment
• Advanced problem-solving skills, analytical thinking and sound judgement
• Strong leadership and organizational skills, detail oriented, highly motivated and adaptable to a changing business environment
• Strong understanding of business unit’s risk and regulatory requirements
• Strong understanding of internal business partner’s business, services and organization
• Knowledge of departmental systems and applications supporting a range of financial products
• Advanced Microsoft Office skills particularly in Excel, VBA/ Macro
• Experience in working on process/system improvement is desired

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.