Mandatory Reorg Analyst

BMO

3d•$38,500 - $71,000•Remote

About The Position

BMO is hiring a Mandatory Reorg Analyst to join the Corporate Actions Mandatory team. The Analyst will process various daily events and research reconciliations and reporting. Experience with Corporate Actions and Broadridge is an asset. Provides support and delivers specific operational processes to ensure timely and accurate settlement of Security, Derivative, Foreign Exchange and Money Market transactions executed globally, and confirms the activity is accurately recorded in the bank's book of records. Specific operational processes include pre and post settlement support related to account opening, confirmation, cash management, margin, and collateralization. Also provides support for specialized operations - Asset Servicing (corporate actions/entitlements), Correspondent Banking Services, and the Wire Payment Operations hub for the bank. Ensures compliance with all regulatory topics and reporting requirements related to the products and processes it supports. Gathers and formats data into regular and ad-hoc reports, and dashboards. Supports change management of varying scope and type; tasks typically focused on execution and sustainment activities. May function as a problem-solving resource for more junior staff. Organizes work information to ensure accuracy and completeness. Executes routine tasks such as service requests, transactions, queries etc. within relevant service level agreements. Follows documented policies and procedures to execute day to day transactions, activities, processes and ensure all Service Level Agreements(SLAs) are met. Checks and reconciles information and documentation to ensure accuracy and completeness. Analyzes data and information to provide insights and recommendations. Identifies and analyzes issues and problems, and resolves discrepancies in a timely manner. Deals with clients directly to resolve issues and/or escalates as required. Communicates and collaborates with internal and external stakeholders in order to deliver on business objectives. Develops and maintains effective relationships with internal & external stakeholders to execute work and fulfill service delivery expectations. Communicates and collaborates with internal and external stakeholders in order to deliver on business objectives. Understands the regulatory requirements and risks inherent in the operations and ensures appropriate actions are taken and operational integrity is maintained. Collaborates in development/implementation of new processes/systems and changes/improvements to existing systems and processes. Supports the development of tools and delivery of training focused on delivering business results. Completes complex & diverse tasks within given rules/limits and may include handling escalations from other employees. Analyzes issues and determines next steps. Broader work or accountabilities may be assigned as needed.

Requirements

Typically between 2 - 3 years of relevant experience and post-secondary degree in related field of study desirable or an equivalent combination of education and experience.
Knowledge and experience using relevant systems and technology – Good.
Knowledge and understanding of the business unit’s key products and services, processes and controls – Good.
Knowledge of the risk and regulatory requirements of the business – Good.
Prioritization skills – Good.
Customer service skills – Good.
PC skills (MS Word, Excel, PowerPoint) – Good.
Verbal & written communication skills - Good.
Organization skills - Good.
Collaboration & team skills - Good.
Analytical and problem solving skills - Good.

Nice To Haves

Experience with Corporate Actions and Broadridge is an asset.

Responsibilities

Process various daily events
Research reconciliations and reporting
Provide support and delivers specific operational processes to ensure timely and accurate settlement of Security, Derivative, Foreign Exchange and Money Market transactions executed globally, and confirms the activity is accurately recorded in the bank's book of records.
Provide support for specialized operations - Asset Servicing (corporate actions/entitlements), Correspondent Banking Services, and the Wire Payment Operations hub for the bank.
Ensure compliance with all regulatory topics and reporting requirements related to the products and processes it supports.
Gather and format data into regular and ad-hoc reports, and dashboards.
Support change management of varying scope and type; tasks typically focused on execution and sustainment activities.
Organize work information to ensure accuracy and completeness.
Execute routine tasks such as service requests, transactions, queries etc. within relevant service level agreements.
Follow documented policies and procedures to execute day to day transactions, activities, processes and ensure all Service Level Agreements(SLAs) are met.
Check and reconcile information and documentation to ensure accuracy and completeness.
Analyze data and information to provide insights and recommendations.
Identify and analyze issues and problems, and resolves discrepancies in a timely manner.
Deal with clients directly to resolve issues and/or escalates as required.
Communicate and collaborate with internal and external stakeholders in order to deliver on business objectives.
Develop and maintain effective relationships with internal & external stakeholders to execute work and fulfill service delivery expectations.
Understand the regulatory requirements and risks inherent in the operations and ensures appropriate actions are taken and operational integrity is maintained.
Collaborate in development/implementation of new processes/systems and changes/improvements to existing systems and processes.
Support the development of tools and delivery of training focused on delivering business results.
Complete complex & diverse tasks within given rules/limits and may include handling escalations from other employees.
Analyze issues and determines next steps.
Broader work or accountabilities may be assigned as needed.