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Manages the teams responsible for analyzing, managing, and aggregating data submitted to bank regulators using Nasdaq’s AxiomSL ControllerView solutions in compliance with several data-intensive regulatory data collection submissions, including FR2052a (Complex Institution Liquidity Monitoring Report), SCCL/FR2590 (Single Counterparty Credit Limits), FDIC Part 370 Compliance, CCAR FR Y14 Reports (Comprehensive Capital Analysis and Review).

Oversees a 1B Line of Defense team responsible regulatory reporting transaction and conformance testing of key regulatory filings to bank regulators.

• Manages the team responsible for Adenza ControllerView configuration and automation of key regulatory filings which BMO or a BMO subsidiary are required to file with bank regulators in all applicable jurisdictions.

• Manages the team responsible for producing the daily H4 (Collateral and Pledging Report), I3 (Interest Rate Risk) and U3 (Pledging and Repos).

• Monitors the execution of a strong controls framework which includes fulsome change management, data/file handling controls, reconciliation controls, trending controls, variance analysis and escalation protocol to ensure the accuracy of all regulatory submissions.

• Manages a data analytics and quality team tasked with the development, implementation, and execution of an inventory of preventive and detective data quality edit check rules, along with distribution to applicable lines-of-business and operations data owners for research and remediation.

• Collaborates with leaders across business lines, operations, corporate areas, and technology to ensure the highest quality and most comprehensive data is consistently reported on a timely basis.

• Monitors regulatory reporting rulemaking proposals and final rules and leads efforts to ensure compliance with final rule changes to regulatory filings.

• Partners with internal Data Governance teams to develop and implement appropriate data governance processes, controls, and reporting

• Manages changes to the business rules by ensuring requested changes follow the approval process and through relationship management with Technology & Solutions to make the required changes.
• Drives continuous improvement to current systems and processes to make them more efficient and to meet future requirements.
• Organizes the department in an effective way and staff it with personnel with appropriate level of expertise.
• Sets context, assigns and monitors work of direct reports; provides performance feedback, training, coaching and mentoring as required in order to maintain a high performance culture and meet established goals and objectives.

Qualifications

• CA/CMA/CGA or an MBA in Finance/ Accounting
• 10+ years experience in senior roles in Finance.
• Excellent knowledge of US regulatory reporting requirements
• Strong knowledge of Bank information systems

Exceptional change leadership to create a strategic, practical course between current reality and desired end state
• Exceptional relationship management capabilities; ability to develop and foster relationships with and influence senior executives
• Ability to organize information pared with strong verbal and written communication skills and experience in preparing and delivering presentations
• High integrity, courage, self-confidence and professionalism.
• High achievement orientation/strive for a standard of excellence and visibly demonstrate the ability to get the job done.
• Strong demonstrated analytical ability.
• Excellent judgment and decision-making.
• High degree of demonstrated conceptual/strategic thinking
• Strong ability to Impact and influence.
 

Please note the target base salary range for this specific position is noted as a range from $180,000 CDN to $200,000 CDN.

Salary:

Pay Type:

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.