Application Deadline:

02/12/2025

Address:

100 King Street West

Job Family Group:

Finance & Accounting

This is hybrid work model position

Description

To provide accurate and timely reporting of daily PnL for the Global Prime Finance desk. Responsible for the Daily and Monthly reconciliation of PnL between the General Ledger and the Front Office Shared Product Systems.

PnL   Associate – GMO – Global Prime

Primary Responsibilities:

Responsible for accurate and timely reporting, distribution and sign off of daily P&L focusing on Global Prime Finance DeskProvide commentary on daily P&L movementPerform daily valuation and analyze portfolio value changesEnsure all issues affecting valuation and/or P&L are addressed in a timely mannerEnsure all procedures are in compliance with SOX / Internal / External AuditPrepare position reconciliations to facilitate risk monitoring and to substantiate P&L results.Manage daily P&L reporting to Trading desk, Risk and FinancePrepare variance analysis and provide commentary on the balance sheets and income statements for FinanceDaily and Month End reconciliation between the General Ledger and the Front Office Shared Product Systems.Assist with various departmental initiatives and requests as required.

Key Competencies:

Strong finance/accounting background (University Degree) and/or Accounting Designation.Strong business acumen and analytical thinker.  Requires great attention to details.Ability to work in a highly demanding environment with challenging and often very short, conflicting deadlines.Exceptional Excel and Access skills (including VBA macros and database management).

Qualifications:

Typically, between 3 - 6 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.Strong finance/accounting background (University Degree) and/or Accounting Designation.Strong business acumen and analytical thinker.  Requires great attention to details.Ability to work in a highly demanding environment with challenging and often very short, conflicting deadlines.Exceptional Excel and Access skills (including VBA macros and database management).

Skills:

Strong analytical and problem-solving skillsStrong investigation skillsStrong prioritization skillsStrong organizational skillsStrong customer service and relationship management skillsGood change leadership skillsGood coaching and training skillsStrong written and oral communication skillsAbility to multi-task in a fast-paced environment

Salary:

$60,000.00 - $111,700.00

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.