BMO Financial Group Senior Analyst, Funds Transfer Pricing in Chicago, Illinois
This individual contributor role will work as part of a team in support of the Bank’s Funds Transfer Pricing (FTP) principles. Taking direction from the Director in US Financial Data Management you will be responsible for ensuring the integrity of the Bank’s financial data, working with Corporate Treasury to translate the FTP methodology requirements into technology based solutions, including the configuration, system implementation and reporting of FTP financial results.
On a monthly basis, perform necessary system updates and conduct monthly validations of FTP results to ensure the accurate and timely relase of monthly management reporting data.
Develop, implement, and provide on-going support of FTP models based on requirements from Corporate Treasury
Lead communication with business groups to ensure all parties understand methodology changes.
Supports the management of BMO’s data as a key asset that facilitates effective decision making.
Supports the system implementation and validation of funds transfer pricing
Implements strategic initiatives (e.g. new product offerings, source systems, acquisitions, and divestitures) into core Finance systems.
Assists in the identification of change impacts by gathering requirements and mapping and documenting current and proposed processes.
Provides support to Enterprise projects and/or manages operational changes (e.g. supporting Technology with the validation and testing of systems).
Exercises judgment to identify, diagnose, and solve problems within given rules.
Works independently and regularly handles non-routine situations.
Broader work or accountabilities may be assigned as needed.
5-7 years of relevant experience in financial services industry
Bachelor’s degree in Finance or Accounting.
Experience with Funds Transfer Pricing concepts a plus
Knowledge in MS Excel
Knowledge in Oracle/PeopleSoft EPM application software a plus, but not required
Strong communication and customer service skills
We’re here to help
At BMO Harris Bank 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 Harris Bank 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.bmoharris.com
BMO Harris Bank 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. BMO Harris Bank N.A. is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law. 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 Harris Bank does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO Harris Bank, directly or indirectly, will be considered BMO Harris Bank property. BMO Harris Bank 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.