Manager, Capital Management

BMO•Toronto, ON

1d•CA$82,800 - CA$154,800

About The Position

Supports the management and execution of the Bank’s capital management framework and related capital management strategies, initiatives and operational programs to ensure compliance and optimize the efficiency of capital resources. Provides advice to internal and external stakeholders for capital planning, monitoring, reporting, and execution of capital transactions. Monitors the external market to understand best practices and recommend adoption within BMO. Acts as a key contact with stakeholders and industry groups regarding capital management reporting, policies and practices within their area of responsibility. Recommends and implements solutions based on analysis of issues and implications for the business. Assists in the development of strategic plans. Identifies emerging issues and trends to inform decision-making. Supports the execution of strategic initiatives in collaboration with internal and external stakeholders. Helps determine business priorities and best sequence for execution of business/group strategy. Conducts independent analysis and assessment to resolve strategic issues. Leads or participates in change management activities including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives. Applies specialized knowledge and provides advice on the interpretation of regulatory capital rules. Influences and negotiates to achieve business objectives. Recommends and implements capital management solutions based on analysis of issues and implications for the business. Includes available Capital and capital usage (i.e. LE, RWA, RC) versus limits. Supports the development of Corporate Standards, operating principles and guidelines to support the Capital Management Framework. Conducts analysis to evaluate capital impacts of bank initiatives/actions/business transactions e.g. acquisitions. Plans Capital requirements and develops capital targets and capital allocation methodology recommendations. Monitors Capital usage (i.e., Capital Demand), Capital Supply (including Available Capital and deductions) and Capital adequacy. Supports the execution of the Enterprise capital adequacy assessment in partnership with Risk Management. Monitors competitive and regulatory developments, assesses impacts of changes and advises on implications the enterprise/business/group. May network with industry contacts, rating agencies and regulators on capital and funding issues to influence as well as gather competitive insights and practices. Builds effective relationships with internal/external stakeholders. Acts as liaison between stakeholders in order to align agendas and ensure a clear understanding of the business context. Breaks down strategic problems, and analyses data and information to provide capital management insights and recommendations. Monitors and tracks capital performance / drivers of capital performance, and addresses any issues. Gathers and formats data into regular and ad-hoc reports, and dashboards. Focus is primarily on business/group within BMO; may have broader, enterprise-wide focus. Provides specialized consulting, analytical and technical support. Exercises judgment to identify, diagnose, and solve problems within given rules. Works independently and regularly handles non-routine situations. Broader work or accountabilities may be assigned as needed. Take measured risks while protecting the bank by applying our Risk Management Framework in the execution of your role, in line with our Risk Culture and within our approved Risk Appetite, making sound and risk informed decisions that align to business strategy, protect assets, and adhere to applicable policy documents (Frameworks, Policies, Standards, Procedures and Supporting documents), laws and regulations.

Requirements

Typically between 5 - 7 years of relevant experience and/or certification in related field of study or an equivalent combination of education and experience.
Knowledge of economic, social and political forces and marketplace trends.
Experience in Finance, Capital Markets, or Treasury.
Knowledge of financial analysis and financial modeling.
In-depth knowledge of regulatory capital management concepts; capital markets business.
In-depth understanding of accounting, balance sheet, and risk management concepts and practices.
Deep knowledge and technical proficiency gained through extensive education and business experience.
Verbal & written communication skills - In-depth.
Collaboration & team skills - In-depth.
Analytical and problem solving skills - In-depth.
Influence skills - In-depth.
Data driven decision making - In-depth.

Nice To Haves

MBA Finance, CA, CFA, CGA, CMA.

Responsibilities

Supports the management and execution of the Bank’s capital management framework and related capital management strategies, initiatives and operational programs to ensure compliance and optimize the efficiency of capital resources.
Provides advice to internal and external stakeholders for capital planning, monitoring, reporting, and execution of capital transactions.
Monitors the external market to understand best practices and recommend adoption within BMO.
Acts as a key contact with stakeholders and industry groups regarding capital management reporting, policies and practices within their area of responsibility.
Recommends and implements solutions based on analysis of issues and implications for the business.
Assists in the development of strategic plans.
Identifies emerging issues and trends to inform decision-making.
Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.
Helps determine business priorities and best sequence for execution of business/group strategy.
Conducts independent analysis and assessment to resolve strategic issues.
Leads or participates in change management activities including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives.
Applies specialized knowledge and provides advice on the interpretation of regulatory capital rules.
Influences and negotiates to achieve business objectives.
Recommends and implements capital management solutions based on analysis of issues and implications for the business. Includes available Capital and capital usage (i.e. LE, RWA, RC) versus limits.
Supports the development of Corporate Standards, operating principles and guidelines to support the Capital Management Framework.
Conducts analysis to evaluate capital impacts of bank initiatives/actions/business transactions e.g. acquisitions.
Plans Capital requirements and develops capital targets and capital allocation methodology recommendations.
Monitors Capital usage (i.e., Capital Demand), Capital Supply (including Available Capital and deductions) and Capital adequacy.
Supports the execution of the Enterprise capital adequacy assessment in partnership with Risk Management.
Monitors competitive and regulatory developments, assesses impacts of changes and advises on implications the enterprise/business/group.
May network with industry contacts, rating agencies and regulators on capital and funding issues to influence as well as gather competitive insights and practices.
Builds effective relationships with internal/external stakeholders.
Acts as liaison between stakeholders in order to align agendas and ensure a clear understanding of the business context.
Breaks down strategic problems, and analyses data and information to provide capital management insights and recommendations.
Monitors and tracks capital performance / drivers of capital performance, and addresses any issues.
Gathers and formats data into regular and ad-hoc reports, and dashboards.
Provides specialized consulting, analytical and technical support.
Exercises judgment to identify, diagnose, and solve problems within given rules.
Works independently and regularly handles non-routine situations.
Broader work or accountabilities may be assigned as needed.
Take measured risks while protecting the bank by applying our Risk Management Framework in the execution of your role, in line with our Risk Culture and within our approved Risk Appetite, making sound and risk informed decisions that align to business strategy, protect assets, and adhere to applicable policy documents (Frameworks, Policies, Standards, Procedures and Supporting documents), laws and regulations.