Senior manager - regulatory reporting and capital oversight

BMO Financial Group; Toronto; On-site; CAD 94,000 - 176,000; Full time

Job summary

BMO Financial Group is seeking an experienced finance professional for a key role overseeing capital and margin processes. The position involves regulatory reporting, providing strategic insights to senior leaders, and ensuring governance across finance and accounting activities. Ideal candidates will have strong analytical, communication, and leadership skills, alongside relevant experience in the financial services sector.

Benefits

Health insurance

Tuition reimbursement

Accident and life insurance

Retirement savings plans

Performance-based incentives

Discretionary bonuses

Qualifications

• Typically 7+ years of relevant experience.
• Combination of education, experience, and industry knowledge required.
• Ability to manage ambiguity.

Responsibilities

• Oversee the reporting processes for regulatory and management information.
• Provide strategic input into business decisions as a trusted advisor.
• Support financial, regulatory, and management reporting requirements.

Skills

Analytical skills

Problem solving

Leadership skills

Communication skills

Collaboration

Data driven decision making

Education

Post-secondary degree in a related field

Job description

Application Deadline:

07/19/2025

Address:

100 King Street West

Job Family Group:

Finance & Accounting

Experiencing the dynamic world of one of Canada's largest broker dealers offers a unique perspective. The continual evolution of activities provides a rich array of exposures and challenges. This role involves close interaction with various departments including the front office (trading desk), investment bankers, and other areas such as Capital Markets, Treasury, Finance, and Operations.

The ideal candidate for this role possesses CIRO & MFR, a background in the financial services sector, familiarity with Broadridge financial solutions, expertise in Capital Markets, reconciliation processes, control environments, and strong leadership skills.

This key role represents critical oversight over capital and margin for BMO Nesbitt Burns Inc., and provides support for its CIRO broker dealer affiliates. Critical aspects of the role include an understanding of the CIRO financial reporting process and understanding CIRO Finops margin rules.

Oversees the reporting processes for regulatory and management information and note disclosure in financial statements to internal and external stakeholders and regulatory bodies. Works across BMO (trading desks/investment banking/operations/middle office) to ensure margin is calculated accurately. Supports an efficient and effective reporting function which uses common information sources and practices, reduces ongoing costs, increases service level performance and minimizes risk.

• Oversight of CIRO capital calculations as it pertains to complex proprietary positions that have offsets and require rule interpretation
• Provides strategic input into business decisions as a trusted advisor.
• Makes recommendations to senior leaders on strategy and new initiatives, based on an in-depth understanding of the business/group.
• Acts as a subject matter expert on relevant regulations and policies.
• Oversee day to day calculation of Risk Adjusted Capital
• Day to day calculation of New Issue capital
• Day to day oversight over Trading desks capital limits
• Day to day calculation and oversight of margin on proprietary products
• Deep understanding of source systems, source systems structure, general reports, book of record concepts
• Ability to view transactional data or extract data in source systems
• Support Product review in multiple source systems, including:
  • Equities, fixed income, options, financing, futures
• Deep understanding of Internal controls oversight and requisite documentation
• Expert understanding of CIRO Form 1 schedules, related regulations and requisite reporting process
• Oversight of multiple areas across the bank and dealer
• Reviews the reporting program/processes for effectiveness, considers industry trends and recommends enhancements; makes changes as required.
• Develops and manages comprehensive information management systems; designs and/or leads initiatives to improve processes, analysis and reporting.
• Acts as the prime subject matter expert for internal/external stakeholders.
• Integrates information from multiple sources to enable more efficient processes, enhanced analysis and/or streamlined reporting.
• Develops and manages comprehensive information management systems; designs and/or leads initiatives to improve processes, analysis and reporting.
• Leads in the design, implementation and management of core business/group processes.
• Supports the production of financial, regulatory, and management reporting requirements.
• Executes work to deliver timely, accurate, and efficient service for monthly, quarterly and annual processes for reporting.
• Analyses data and information to provide financial, regulatory and related risk insights and recommendations.
• Supports the interpretation and definition of internal and external policies and regulatory requirements
• Ensures strong governance and effective controls across finance & accounting activities and information in accordance with enterprise standards.
• Provides attestation to the validity of financial results and highlight significant information including variances, trends, opportunities and exposures to their Manager.
• Provides information and support the process for internal (Corporate and SOX) and external audits.
• Operates at a group/enterprise-wide level and serves as a specialist resource to senior leaders and stakeholders.

• Qualifications:

• Typically 7+ years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
• Seasoned professional with a combination of education, experience and industry knowledge.
• Verbal & written communication skills - In-depth / Expert.
• Analytical and problem solving skills - In-depth / Expert.
• Influence skills - In-depth / Expert.
• Collaboration & team skills; with a focus on cross-group collaboration - In-depth / Expert.
• Able to manage ambiguity.
• Data driven decision making - In-depth / Expert.

Salary :

$94,600.00 - $176,000.00

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.