Specialist, U.S. Fixed-Income Product Control

BMO•Toronto, ON

1d•$81,400 - $151,800•Remote

About The Position

Under the direction of the Associate Director, Product Control this role is the full scope product controller for the U.S. Fixed Income businesses, which includes Primary Dealer, US Money Markets, Securitized Products, High Yield, and Origination trading desks. This includes daily P&L and PAA reporting, full balance sheet and income statement line management, monthly analysis and ad-hoc reporting. This job requires tracking a number of products housed in various systems. Liaise with desk personnel on daily issues. Peak periods will include various monthly reporting deadlines and other deliverables consistent with the role.

Requirements

Undergraduate Degree in Accounting or Finance
Minimum of 5-7 years of experience in financial services industry.
Strong knowledge of fixed income products and the MBS market.
Excellent computer skills. Ability to learn systems quickly.
Ability to manage multiple tasks and meet deadlines, without compromising data integrity.
Strong communication and relationship building skills.
Strong interpersonal and leadership skills.
Strong customer service and client focus.

Nice To Haves

CFA / CPA and/or Series 99/Series 7 a plus.
Prior experience with Fixed Income products and/or risk based pnl explain preferred.

Responsibilities

Oversee and review accurate daily P&L and PAA for various trading desks within U.S. Fixed Income, focusing on but not limited to the following products: MBS, Treasuries, Repos, Agencies, Corporates, IRS, Bond Futures, CDX
Review for large fluctuations daily and bring to the attention of management
Oversee Front-Office to Back-Office reconciliations
Gain a working knowledge of the trade flow process from inception to G/L
Develop a thorough understanding of the G/L’s and settlement systems (ICI, Calypso, GMI, GlobalOne, ADP, LoanIQ, S4, Progress/Essbase)
Ensure correct bookings in the general ledger
Ensure that new products are set up correctly in the P&L tracking process
Have an understanding of product related balance sheet and income statement line items
As appropriate, record, upload, reconcile and/or coordinate all general ledger postings for product related activity (e.g. balance sheet, revenue)
Prepare P&L and Balance Sheet Reconciliations as part of month-end close
Coordinate with legal entity and regulatory accounting, risk, operations, and other support groups
Create and update monthly analysis with regard to key business drivers
Prepare commentary and standard period over period analysis
Leverage AI to drive efficiencies and scalability across Product Control