Intraday Liquidity Manager

BMO•Chicago, IL

1d•$90,000 - $180,000

About The Position

Supports the build, management, and execution of an enterprise-wide liquidity and funding management framework to optimize risks and maximize risk-adjusted profitability. Provides expertise in measuring, analyzing, and overseeing the Bank’s global regulatory and internal funding risks arising from business and group activities. Partners with assigned businesses and portfolios to develop a strong understanding of business strategies and in-depth product, market, and regulatory knowledge across retail, commercial, and trading products. Advises on liquidity and funding risk mitigation, product development, and optimization, and supports the development of the Bank’s liquidity risk measurement and reporting processes. The role provides specialized consulting, analytical, and technical support, with a focus primarily on a business or group within BMO and potentially a broader enterprise-wide scope. It calls for independent judgment to identify, diagnose, and solve problems within established rules, including regularly handling non-routine situations. Broader work or accountabilities may be assigned as needed. The employee is expected to apply BMO’s Risk Management Framework and Risk Culture, make sound risk-informed decisions within approved risk appetite, protect assets, and comply with applicable policies, laws, and regulations.

Requirements

Typically 5–7 years of relevant experience and a post-secondary degree in a related field, or an equivalent combination of education and experience.
Deep knowledge and technical proficiency gained through extensive education and business experience.
In-depth verbal and written communication skills.
In-depth collaboration and team skills.
In-depth analytical and problem-solving skills.
In-depth influence skills.
In-depth data-driven decision-making skills.

Responsibilities

Recommend and implement liquidity and funding solutions based on analysis of issues and their business implications.
Support development and execution of the Enterprise’s liquidity and funding risk management strategy for executive and Board approval, collaborating with Market Risk Management on recommended liquidity and funding risk appetite limits.
Develop processes to identify, measure, and manage liquidity and funding risks in conjunction with Market Risk Management, businesses, and other Finance areas.
Act as a trusted advisor to assigned businesses and groups on liquidity and funding matters, including recovery and resolution planning.
Develop and maintain the model and assumption framework used to measure liquidity and funding risk, and recommend changes; regularly review liquidity objectives, positions, and assumptions, including those related to new business transactions.
Identify emerging issues and trends to inform decision-making and understand risk drivers.
Recommend and implement solutions based on risk assessments, analysis of issues, and business implications.
Liaise with stakeholders, including industry specialty groups and regulators, to align agendas, establish business context, and advocate the Bank’s position on market or regulatory developments.
Monitor liquidity stress-testing processes and address issues, including enterprise-wide stress testing, OSFI macro-stress testing, and ad hoc testing.
Provide input into the planning and implementation of liquidity and funding risk modeling activities and programs.
Integrate information from multiple sources to improve processes, analysis, and reporting.
Gather and format data for regular and ad hoc reports and dashboards.
Monitor and track balance-sheet usage and address issues.
Design and produce regular and ad hoc reports and dashboards.
Analyze data and information to provide insights into business product pricing and funds transfer pricing processes.
Support development and execution of liquidity and funding-related strategic initiatives with internal and external stakeholders.
Apply the Risk Management Framework and make risk-informed decisions consistent with business strategy, approved risk appetite, applicable policies, laws, and regulations.