Application Deadline:

03/07/2025

Address:

100 King Street West

Job Family Group:

Customer Shared Services

In support of the FICC (Fixed income, Currencies and Commodities) Products line of business, this role is responsible for daily and month-end processes related to P&L reconciliation, P&L decomposition, as well as providing daily commentary on the business. Fulfill routine and frequently non-routine transactions, internal business partner and/or external customer inquiries/ requests, and/or audit/ reconciliation activities.

Primary Responsibilities:

Responsible for accurate and timely reporting, distribution and sign-off of daily P&L focusing on Rates (fixed income and derivatives) and commodity trading desk.Provide commentary on daily P&L movement.Perform daily valuation and analyze portfolio value changes.Ensure all issues affecting valuation and/or P&L are addressed in a timely manner.Ensure all procedures are followed in compliance with SOX / Internal / External Audit.Prepare position reconciliations to facilitate risk monitoring and to substantiate P&L results.Manage daily P&L reporting to Trading desk, Risk and Finance.Prepare variance analysis and provide commentary on the balance sheets and income statements for Finance.Daily and Month End reconciliation between the General Ledger and the Front Office Shared Product Systems.Assist with various departmental initiatives and requests as required.

Qualifications

Typically between 1 – 3 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.Specialized accounting and finance knowledge from education and/or business experience, together with a willingness and interest in developing that knowledge Specialized knowledge from education and/or business experience, together with a willingness and interest in developing that knowledge.Strong analytical, problem-solving skills and attention to detail.Self-starter with a high degree of initiative and the ability to learn and adapt quickly.Strong Excel and Access skills (including VBA macros and database management).Strong team skills and work ethics.Strong written and oral communication skills.Strong organizational, follow-up and priority-setting skills to handle multiple tasks/projects.Ability to work in a highly demanding environment with challenging and often very short, conflicting deadlines.

Salary:

$44,500.00 - $82,500.00

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.