Operations Associate - Cash Management

Job summary

Support the implementation and launch of Canada's Real Time Rail payment system while overseeing daily cash flow operations across BMO entities. Monitor multi-currency liquidity and cash positions, report funding needs to traders, and support internal partners with payment investigations, escalations, and risk controls.

Job details

Pay: $20-$25/hour Required Skills & Experience - Banking Experience - Strong Excel (knows how to create macros) - FX / Foreign Exchange operations experience - Trade settlement experience within banking or Capital Markets - SWIFT experience - Nostro/Vostro account reconciliation - Payment investigation/reconciliation experience, particularly cross-border or bank-to-bank payments Nice to Have Skills & Experience CAD settlement/reconciliation experience Bank of Canada exposure Funding and liquidity experience High-volume, multi-currency environment Experience investigating bank charges and FX conversion discrepancies Experience dealing directly with counterparty banks Job Description Insight global is looking for a operations analyst for the Real Time Rail payment system initiative in Canada at Bank of Montreal. The Individual will: • Be an active participant in the implementation and launch of the Real Time Rail payment system in Canada • Oversee the daily cash flow operations for various BMO entities, providing support and data analysis to Global Middle Office, Front Office, Corporate Treasury, and other operations teams within Global Markets • Ensure that all BMO entities maintains adequate intra-day and end-of-day liquidity to meet regulatory and risk standards, across various currencies and LYNX/Nostro/Vostro bank accounts • Monitor and consolidate cash flows in and out of the bank, and report the bank’s final position to the Traders (Front Office) for investment/borrowing purposes • Provide consistent and effective service and support to internal business partners (“customers”) as a key escalation point for business product challenges/investigations while ensuring effective management of risk and controls We may use artificial intelligence tools to assist with the screening, assessment, or selection of potential applicants for this position. Vacancy: This posting is for a currently vacant role, and the successful candidate will be hired into an existing open position.

What you’ll do

Support the implementation and launch of Canada's Real Time Rail payment system while overseeing daily cash flow operations across BMO entities. Monitor multi-currency liquidity and cash positions, report funding needs to traders, and support internal partners with payment investigations, escalations, and risk controls.

Requirements

Requires banking experience, strong Excel skills including macro creation, and experience with foreign exchange operations, trade settlement, SWIFT, Nostro/Vostro reconciliation, and cross-border or bank-to-bank payment investigations. Experience with CAD settlement, Bank of Canada operations, funding and liquidity, high-volume multi-currency environments, bank charges, FX discrepancies, or counterparty banks is an asset.

Listed skills

• Swift · Preferred
• Data analysis · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Banking Operations
• Excel Macros
• Foreign Exchange Operations
• Trade Settlement
• SWIFT
• Nostro/Vostro Reconciliation
• Payment Investigation
• Payment Reconciliation
• Cash Flow Management
• Liquidity Management
• CAD Settlement
• Bank of Canada Operations
• Funding Operations
• Counterparty Bank Relations
• Risk and Controls
• Data Analysis

Job areas

• Finance & Accounting
• Data & Analytics
• Consulting

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