Senior Operations Specialist, Cash Management

Senior Operations Specialist, Cash Management (12-24 month contract)

BMO is embarking on a multi-year project to support our growth in real-time Intraday Liquidity monitoring capabilities and Cash Management & Funding Operations. The Senior Manager, Cash Management in the Global Cash Management team would be responsible to build a strategic solution that will include enhancing the cash management support model for Global Markets and Corporate Treasury, as well as other lines of businesses, to align with requirements.

The strategic solution will also include the delivery of a new Intraday Liquidity Monitoring platform. The Senior Operations Specialist would be required to understand the day-to-day operations of Cash Management and capture these activities or create new processes in a comprehensive Global Cash Management Intraday Liquidity Operating Manual that aligns with OSFI’s Chapter 7 regulatory requirements. Additional responsibilities will include working closely together with stakeholders across the bank such as in Global Markets, Corporate Treasury and Payment Operations during the creation of business requirements for the new Intraday Liquidity Monitoring platform;

participate in user acceptance testing cycles and provide the results of these testing cycles to senior management;and act as a change manager during the implementation phase of the platform solution.

• Assist in the development of a New Intraday Liquidity Management Application
• Establish a Formal Intraday Liquidity Operating Manual
• Identify and Address Gaps in Intraday Liquidity Risk Management Framework
• Continue to enhance BMO’s intraday liquidity framework
• Identify and Address Process Gaps Across All Operations and Liquidity Monitoring
• Capture the requirements for Real-Time Intraday Transaction Capabilities
• Etc.

• Typically 4+ years of work experience in Cash Management, Treasury, Intraday Liquidity, or Capital Markets environment and BS/BA or MBA/MS in, business, commerce, engineering, math and information systems or computer science.
• Understanding of applications and systems used within Cash Management and Capital Markets
• Understanding of data flows, API connections, and data analysis
• Experience with delivering large scale projects from a change management perspective
• Etc. (standard qualifications)