Balance Sheet Management Manager

bmo; Toronto; On-site; CAD 120,000 - 180,000; Full time

Job summary

BMO is seeking a Balance Sheet Management (BSM) Manager to provide daily support for the Banks' IRR position, monitor market developments, and manage the balance sheet exposure. The role also covers cash and investment portfolio support and ad-hoc analytics to optimize portfolio returns.

You will help develop enhanced tools for balance sheet optionality, support Fixed Income and Interest Rate Derivative execution, and ensure exposures stay within risk limits while aligning with strategic goals.

Qualifications

• Experience in balance sheet management and risk monitoring.
• Knowledge of interest rate and foreign exchange implications.
• Ability to develop hedging strategies and cost-effective solutions.

Responsibilities

• Provide daily support for Banks' IRR position.
• Monitor markets and balance sheet exposure changes.
• Support cash position and investment portfolio management.
• Develop tools to manage balance sheet optionality.
• Assist in execution of Fixed Income products and Interest Rate Derivatives.
• Track exposures against risk limits.
• Collaborate with stakeholders on risk and funding strategies.

Skills

Balance sheet mgmt

Interest rate derivatives

Fixed income

Risk analysis

Regulatory knowledge

Stakeholder management

Portfolio optimization

Data dashboards

Change management

Strategic planning

Job description

Application Deadline:

10/04/2026

Address:

100 King Street West

Job Family Group:

Finance & Accounting

As the Balance Sheet Management (BSM) Manager you will:

• Provide daily support for the management of the Banks linear and non-linear IRR position.
• Ongoing monitoring and analysis of both markets and expected changes in the balance sheet exposure.
• Provide support for the management of the Banks' cash position and investment portfolio.
• Perform ad-hoc analytics to identify opportunities to optimize portfolio returns.
• Contribute to the development of enhanced tools to better manage optionality within the balance sheet.
• Assist in the execution process of Fixed Income products and Interest Rate Derivative.
• Support the tracking of exposures versus risk limits.
• Work with the BSM team on new initiatives.
• Supports the short- and long-term management of the Bank's structural balance sheet and supplemental liquidity portfolio. Executes a management framework that optimizes structural market risk exposures due to interest rate and foreign exchange changes over both the short- and long-term. Develops cost-effective hedging strategies that optimize risk-return. Maintains knowledge of regulatory requirements and developments, monitors risk, and identifies and corrects possible gaps and weaknesses. Identifies and recommends actions based on market trends and regulatory developments.
• Fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behaviours in all that they do.
• Ensures alignment between values and behaviour that fosters diversity and inclusion.
• Regularly connects work to BMO's purpose, sets inspirational goals, defines clear expected outcomes, and ensures clear accountability for follow through.
• Builds interdependent teams that collaborate across functional and operating groups to create the highest value for all stakeholders.
• Attracts, retains, and enables the career development of top talent.
• Improves team performance, recognizes and rewards performance, coaches employees, supports their development, and manages poor performance.
• Acts as a trusted advisor to assigned business/group.
• Collaborates with stakeholders to advise on management of interest rate, funding, and foreign exchange implications relating to funding and/or new product initiatives.
• Influences and negotiates to achieve business objectives.
• Recommends strategies for structural market risk positioning, hedging, and supplemental portfolio management based on analysis of issues and implications for the business.
• Assists in the development of strategic plans.
• Identifies emerging issues and trends in the market environment and market risk; recommends changes to strategies, programs , and plans to mitigate emerging risks.
• Builds effective relationships with internal/external stakeholders.
• Ensures alignment between stakeholders.
• Breaks down strategic problems, and analyses data and information to provide balance sheet management related insights and recommendations.
• Monitors and tracks balance sheet performance / structural drivers' performance, and addresses any issues.
• Builds change management plans of varying scope and type; leads or participates in a variety of change management activities including readiness assessments, planning, stakeholder management, execution, evaluation, and sustainment of initiatives.
• Leads in the design, implementation and management of core business/group processes.
• Develops solutions and makes recommendations based on an understanding of the business strategy and stakeholder needs.
• Provides advice and guidance to assigned business/group on implementation of solutions.
• Coordinates and executes specific activities for the implementation of strategic initiatives; includes tracking metrics and milestones.
• Collaborates with internal and external stakeholders to deliver on business objectives.
• Supports development of corporate standards, operating principles, and guidelines in conjunction with market risk, business, and finance stakeholders.
• Analyzes data and information to provide insights and recommendations.
• Monitors market and regulatory developments to assess impacts to strategies, programs, and plans.
• 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.
• Supports the design and implementation of specialized risk management technologies to improve processes, enhance analysis, and/or streamline reporting (e.g. daily risk capture, mismatch and basis risk analytics, and management).
• Participates in the design, implementation, and management of core business/group processes.
• 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 no