Senior Manager, Cash Management

BMO•Toronto, ON

3d•Onsite

About The Position

This role will support liquidity and funding management through advanced analytics, reporting, and automation. Responsibilities include developing and maintaining Power BI dashboards to monitor liquidity positions, funding metrics, and key risk indicators for senior management. The role requires working knowledge of AI and advanced analytics tools to enhance forecasting, scenario analysis, and data-driven decision-making, including the use of automation and predictive insights to improve efficiency and accuracy across liquidity reporting and planning processes. 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 for the measurement, analysis, and oversight of the Bank’s global regulatory and internal funding risks arising from business/group business activities. In partnership with the assigned business/portfolio, develops a solid understanding of the business strategies and in-depth product, market, and regulatory knowledge across all retail, commercial, and trading products. Advises on liquidity and funding risk mitigation, product development, and optimization. Supports the development of liquidity Bank’s risk measurement and reporting processes for liquidity and funding management. Recommends and implements liquidity and funding solutions based on analysis of issues and implications for the business. Supports development and execution of Enterprise’s liquidity and funding risk management strategy for executive and Board approval in collaboration with Market Risk Management to recommend liquidity and funding-related risk appetite limits. Develops processes to identify, measure, and manage liquidity and funding risks in conjunction with Market Risk Management, businesses, and other Finance areas. Acts as a trusted advisor to assigned business/group on liquidity and funding matters including recovery and resolution planning. Develops and maintains the model and assumption framework used to measure liquidity and funding risk and recommends changes (e.g. regularly reviews liquidity objectives, positions and assumptions, including for new business transactions). Identifies emerging issues and trends to inform decision-making and understand risk drivers. Recommends and implements solutions based on risk assessments, analysis of issues, and implications for the business. Acts as liaison between stakeholders including industry specialty groups and regulators to align agendas, ensure a clear understanding of the business context, and advocate the Bank’s position on market or regulatory developments. Monitors performance of liquidity stress testing processes and addresses any issues (e.g. enterprise-wide stress testing, OSFI macro-stress testing, ad-hoc testing). Provides input into the planning and implementation of liquidity and funding risk modeling activities and programs. Integrates information from multiple sources to enable more efficient processes, enhanced analysis and/or streamlined reporting. Gathers and formats data into regular and ad-hoc reports, and dashboards. Monitors and tracks balance sheet usage, and addresses any issues. Designs and produces regular and ad-hoc reports, and dashboards. Analyzes data and information to provide insights into business product pricing and funds transfer pricing processes. Supports development and execution of liquidity and funding-related strategic initiatives in collaboration with internal and external stakeholders. 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
Post-secondary degree in related field of study or an equivalent combination of education and experience
Deep knowledge and technical proficiency gained through extensive education and business experience
In-depth 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

Nice To Haves

Working knowledge of AI and advanced analytics tools

Responsibilities

Develop and maintain Power BI dashboards to monitor liquidity positions, funding metrics, and key risk indicators for senior management.
Utilize AI and advanced analytics tools to enhance forecasting, scenario analysis, and data-driven decision-making.
Employ automation and predictive insights to improve efficiency and accuracy across liquidity reporting and planning processes.
Support the build, management, and execution of an enterprise-wide liquidity and funding management framework.
Provide expertise for the measurement, analysis, and oversight of the Bank’s global regulatory and internal funding risks.
Develop a solid understanding of business strategies and in-depth product, market, and regulatory knowledge.
Advise on liquidity and funding risk mitigation, product development, and optimization.
Support the development of liquidity risk measurement and reporting processes.
Recommend and implement liquidity and funding solutions.
Support development and execution of Enterprise’s liquidity and funding risk management strategy.
Develop processes to identify, measure, and manage liquidity and funding risks.
Act as a trusted advisor to assigned business/group on liquidity and funding matters.
Develop and maintain the model and assumption framework used to measure liquidity and funding risk.
Identify emerging issues and trends to inform decision-making and understand risk drivers.
Recommend and implement solutions based on risk assessments.
Act as liaison between stakeholders including industry specialty groups and regulators.
Monitor performance of liquidity stress testing processes and address any issues.
Provide input into the planning and implementation of liquidity and funding risk modeling activities and programs.
Integrate information from multiple sources to enable more efficient processes, enhanced analysis and/or streamlined reporting.
Gather and format data into regular and ad-hoc reports, and dashboards.
Monitor and track balance sheet usage, and address any 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.
Provide specialized consulting, analytical and technical support.
Exercise judgment to identify, diagnose, and solve problems within given rules.
Take measured risks while protecting the bank by applying our Risk Management Framework.