100 King Street West Toronto Ontario,M5X 1A1

Provides subject matter expertise in the development and implementation of key processes related tocash management and risk(e.g., liquidity, funding, foreign exchange) for alternative investment products at BMO GAM. Works across BMO to deliver specific business results in alignment with overall group goals and support innovative delivery of Alternative Investment funds in a dynamic team.

Core accountabilities

• Serves as a valued team member on the BMO Global Asset Management, Fund Manager Assistant and Investment Support Group team supporting the Alternative Asset Group.
• Support Audit and Reporting requirements
• Supports the build, management, and execution of an Alternatives platform-wide liquidity and funding management framework to optimize risks and maximize risk-adjusted profitability.
• Strong Supplier Management skills including supporting Key Performance Indicators and Service Level Agreement
• Execute investment subscriptions/redemption process, model funds’ expected cash flows, and various cash and balance sheet risk management processes associated with alternative investment funds where BMO GAM has portfolio management responsibility.
• Conduct ad hoc research in support of building Alternatives platform and processes.
• Develops and manages management information systems; designs and/or leads initiatives to improve processes, analysis and reporting.
• Establish and maintain fund or process specific procedures covering areas of accountability.
• Support the production and delivery of ad-hoc and strategic analysis / presentations to senior management.
• Identifies potential risk situations/ impacts, and make recommendations or escalates to the manager, as per guidelines.
• Recommends and implements solutions based on risk assessments, analysis of issues, and implications for the business.
• Provides input into the planning and implementation of liquidity risk modeling activities and programs.
• Collaborates across BMO to develop communications strategies and ensure consistency of messaging, in order to positively influence or change behavior.
• Breaks down strategic problems, and analyses data and information to provide insights and recommendations.
• FX Hedge risk mitigation and modelling forward contract transactions.
• Strong knowledge of Alternative fund cash management and optimization thereof.
• Liaise with external vendors to perform cash management functions with accuracy.
• Ability to multitask and Collaborative mindset.
• Capital Call administration
• Excellent interpersonal and communication skills to forge strong relationships with Portfolio Management and Operational stakeholders

Qualifications

• Typically, between 5-10 years of experience and post-secondary degree in the areas of Commerce, Business Administration, Accounting, Mathematics, or Engineering.
• Previous work experience in Private Equity, Hedge Funds, and rapid product development and launch capability strongly preferred
• CFA required, MBA, FRM, or CPA designation preferred.
• CAIA (Chartered Alternative Investment Analyst) preferred
• CAIA Chartered Alternative Investment Analyst, Private Markets and Alternatives Investment Certificate a plus.
• Ideally +3 years of directly relevant experience in Alternative Asset Management, Corporate Balance Sheet Management or Capital Markets roles.
• Must be intellectually curious, particularly about asset management and alternative investments product innovation.
• In depth verbal & written communication skills.
• In-depth analytical and problem-solving skills.
• In-depth data driven decision making.
• High attention to detail and accuracy.
• Risk management FRM designation a plus.
• Ability to work in a dynamic environment and meet deadlines through teamwork.
• Excellent collaboration skills in a matrix management organization.
• Proficient and experienced in Charles River Investment Management System.
• Proficient in Microsoft Office, Artificial Intelligence and Video Conferencing

Salary:

$69,000.00 - $129,000.00

Pay Type:

Salaried

The above represents BMO Financial Group’s pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.

BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards

About Us

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset.

To find out more visit us at https://jobs.bmo.com/ca/en

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.