Manager Financial Performance Management

Application Deadline :

08 / 04 / 2024

Address :

33 Dundas Street West

Job Family Group : Finance & Accounting

Finance & Accounting

Our ideal candidate has exceptional Excel skills, experience in a financial institution (knowledge of banking products), FTP (funds transfer pricing) and holds either a CPA, CFA or MBA.

Develops detailed financial and economic analysis to assist the designated business portfolio with decision support. Works closely with business leaders, Finance partners and Treasury to provide financial advice and service that supports the financial management activities of the Group / portfolio.

Supports the monitoring and management of financial performance against plans, forecasts, initiatives and objectives. Generates information and insights that support key business decisions to drive value (e.

g., revenue growth, cost management, resource allocation, balance sheet optimization, etc.)

• Strong understanding of banking products such as mortgages , loans, credit cards and deposits in how they are transfer priced.
• Manage the development and continuous improvement of spread reporting and analysis to enable spread analysis at a product level.
• Knowledge of net interest margin (NIM) and its key drivers
• Supports / Leads financial planning, forecasting and performance reviews that utilize plan, forecast and actual financial information to develop annual plans and targets.
• Performs variance analyses, and ad-hoc forward-looking analyses to improve understanding of business drivers as well as opportunities to improve performance for product improvement, profit improvement, financial impact of initiatives / strategic business decisions.
• Supports the development of methodologies and policies to enable analyses and insights focused on financial dimensions (e.

g., revenue, balance sheet, capital, etc.).

• Determines the financial impact of initiatives / strategic business decisions, and incorporate the impacts into future financial forecasts / plans.
• Assesses reasonableness of business cases and performs due-diligence during Investment reviews and approvals processes.
• Works with the business to align key performance indicators with financial forecasts and plans.
• Breaks down strategic problems, and analyses data and information to provide financial insights and recommendations.
• Employs systems (e.g. customized exception reports, tracking reports etc.) to manage information.
• Integrates information from multiple sources (e.g. financial and operational systems) to enable more efficient processes, enhanced analysis and / or streamlined reporting.
• Monitors and tracks performance, and addresses any issues.
• Acts as a trusted financial advisor to assigned business / group.
• Influences and negotiates to achieve business objectives.
• Recommends and implements solutions based on analysis of issues and implications for the business.
• Assists in the development of strategic plans.
• Identifies emerging issues and trends to inform decision-making e.g., economics, treasury, competitor information.
• 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 non-routine situations.
• Broader work or accountabilities may be assigned as needed.

Qualifications :

• Typically between 5 - 7 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
• Advanced knowledge of excel, power point & power BI
• Deep knowledge and technical proficiency gained through extensive education and business experience.
• Verbal & written communication skills - In-depth.
• Collaboration & team skills - In-depth.
• Analytical and problem solving skills - In-depth.
• Influence skills - In-depth.
• Data driven decision making - In-depth.

Salary :

$74,800.00 - $138,600.00

Pay Type : Salaried

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

We're here to help

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.