Specialist, U.S. Fixed-Income Product Control

BMO; New York (NY); Vor Ort; USD 90.000 - 180.000; Vollzeit

Benefits dieser Stelle

Health insurance

Tuition reimbursement

Accident and life insurance

Retirement savings plans

Zusammenfassung

BMO Financial Group is seeking a full scope Product Controller for U.S. Fixed Income desks, including MBS, Treasuries, Repos, Agencies, Corporates, IRS, Bond Futures and CDX.

You will own daily P&L and PAA reporting, manage balance sheet and income statement lines, and drive monthly analysis across the product suite. The role requires deep knowledge of fixed income products, strong analytical and system skills, and the ability to coordinate Front-to-Back office processes.

Qualifikationen

• Undergrad degree in Accounting or Finance; CFA/CPA a plus; prior fixed income experience preferred.
• Strong knowledge of fixed income products and the MBS market; excellent computer skills and ability to learn systems quickly.

Aufgaben

• Oversee and review daily P&L and PAA for US Fixed Income desks (e.g., MBS, Treasuries, Repos, Agencies, Corporates, IRS, Bond Futures, CDX).
• Review large fluctuations daily and escalate to management as needed.
• Oversee Front-Office to Back-Office reconciliations and GL postings for product activity.
• Prepare month-end P&L and Balance Sheet reconciliations and coordinate with legal, regulatory accounting, risk, and operations.
• Develop understanding of G/Ls and settlement systems (ICI, Calypso, GMI, GlobalOne, ADP, LoanIQ, S4, Progress/Essbase) and ensure correct bookings.
• Record, upload, reconcile and coordinate GL postings; update monthly analyses of key business drivers and commentary.

Kenntnisse

P&L reporting

PAA analysis

Fixed income

General Ledger

Process improvement

Analytical skills

Communication skills

Ausbildung

Undergraduate degree in Accounting or Finance

CFA/CPA (plus)

Tools

ICI

Calypso

GMI

GlobalOne

ADP

LoanIQ

S4

Essbase

Jobbeschreibung

Application Deadline: 10/16/2026 Address: VIRTUAL(S1)32 - HomeRes - NY Job Family Group: Customer Shared Services 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.

KEY ACCOUNTABILITY AREAS

• P&L and PAA (Profit Attribution Analysis) Reporting
• Balance Sheet and Income Statement line item management
• Analysis and process improvement

SPECIFIC ACCOUNTABILITIES

• 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
• Balance Sheet and Income Statement line item management
• 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
• Analysis and AI-driven process improvement
• 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

AUTHORITIES: The holder of this job has access to various financial systems (general ledgers, sub-ledgers, and reporting systems).

CROSS FUNCTIONAL DEPENDENCIES This job has cross functional dependencies to the rest of Global Middle Office, CM Finance, as well as Risk, Tax, etc. departments that support the businesses.

SCOPE AND IMPACT: 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.

KNOWLEDGE, SKILLS AND COMPETENCIES

• a. Knowledge Undergraduate Degree in Accounting or Finance Minimum of 5-7 years of experience in financial services industry. CFA / CPA and/or Series 99/Series 7 a plus. Prior experience with Fixed Income products and/or risk based pnl explain preferred.
• b. Skills and Competencies 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.

WORKING CONDITIONS: Standard working conditions as set by Bank Salary: $90,000.00 - $180,000.00 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 http://jobs.bmo.com/us/en

BMO is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristics. We also consider applicants with criminal histories, consistent with applicable federal, state and local law.

BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to [e-mail] and let us know the nature of your request and your contact information.

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.

Our Mission

BMO is a leading bank driven by a single purpose: to Boldly Grow the Good in business and life. Everywhere we do business, we're focused on building, investing and transforming how we work to drive performance and continue growing the good.

Who we are

We're proud to be fueling growth and expanding possibilities for individuals, families and businesses. More than 12 million customers count on us for personal and commercial banking, wealth management and investment services. As the 8th largest bank in North America by assets, we provide personal and commercial banking, wealth management and investment services to more than 12 million customers. In Canada, the United States and across the globe, we'll continue to build, invest and transform to drive performance that serves the good that grows.