TheSr. Manager, Financial Crisis Management U.S. supports the process of planning,development, quality control, executive sign-off and submission of resolutionand recovery plan deliverables to relevant regulatory bodies, in line withinternal quality expectations and industry best practices. In the context of an actual financial oreconomic crisis, in concert with BMO's Financial Crisis Management Office,provide financial and operational support to the key committees responsible foraction, in line with expectations set out in the plan.
Business Delivery & OperationalEffectiveness (Strategy)
Support, and lead as required, discussions and reviews with business owners to support the development, maintenance and enhancement of the resolution and recovery plan.
Author and/or update presentations on and portions of the resolution and recovery plan.
Support the review and sign-offs of the resolution and recovery plan documents by various stakeholders including business owners, senior executives, Steering Committee, board, etc.
Project-manage, provide consulting advice, or develop analytic assessments to facilitate regulatory review and Board approval of the plan.
Change & Innovation (Advisory)
Review and discuss resolution and recovery plan recommendations, including those from information needs assessment, with process owners. Develop recommendations for presentation to Steering Committee on implementation priorities and execution approach.
Support the development and implementation of applicable policies, standards, and operating procedures to support effective risk assessment, internal and external communications and execution of the resolution and recovery plan as required.
Demonstrates strong project management and time management skills to successfully manage the development and maintenance of the resolution and recovery plan in conjunction with various business owners and support teams.
RiskManagement and Control (Governance and Analysis/Results)
Ensures comprehensive coverage of the resolution and recovery plan and effective integration with the various contingency management processes in BMO US including the Liquidity, Funding and Capital Management Contingency Plans
Support the overall development and implementation of a cross-functional framework to support on-going management of the resolution and recovery plan
Maintain awareness of the market and business developments and proactively assess the implication to the resolution and recovery plan. Make recommendations on updates as appropriate.
Provide consultative advice to and ensure coordination with other contingency planning and stress testing processes in the Bank.
Relationship Management and Communication
Develop the network of internal experts that the team leverages for subject matter expertise and input (in particular, work with the key partners (e.g., Treasury, Capital Management, Risk, Stress Testing, Legal) to ensure the ongoing quality and integration of the outputs
Communicate with and educate broader stakeholders as necessary on the implications of recovery and resolution in a going concern and gone concern context (e.g., with business leaders, technology partners, risk partners)
Design and develop materials for key internal leadership forums including the Financial Crisis Management US Committee, US Risk Management Committee, and the BFC & BHB Boards of Directors.
Support the building of a transparent and sustainable process to deliver the ongoing contribution of key stakeholders, and ensure the appropriate documentation of information and key processes to ensure continuity of the program through any leadership transition
Support the integration of the resolution and recovery plans with other risk and business decision frameworks, embedding resolution and recovery planning into day-to-day decision-making within the Bank
General knowledge of economic, social and political forces, and resulting regulatory requirements
One or more of the followings preferred: MBA, CA, CMA, CGA, CFA
8 years of experience in a global financial institution, preferably in corporate functions
Strong knowledge of BMO US's business structure and operations
Experienced in dealing with regulatory issues and requirements
Strategic/big picture thinking, balanced with an ability and appetite to "dig into" the detailed content and understand the implications
Very strong written and oral communication skills to effectively interact with executives and senior managers in LOBs, including ability to synthesize complex and voluminous information
Comfort with ambiguity and in working with subject matter experts to address information gaps
Ability to manage multiple tasks and meet tight timelines without compromising the integrity of the information
Ability to rapidly move up the learning curve on complex bank issues (e.g. legal entity structure, funding arrangements, technology infrastructure, capital and liquidity dimensions, etc)
Ability to work under pressure/tight timelines
Strong interpersonal skills
Excellent organizational and analytical skills
Strong project management skills and ability to manage and lead cross functional teams
Ability to work independently
Attention to detail/ability to identify and address inconsistencies across a significant volume of diverse content
We're here to help
At BMO Harris Bank we have a shared purpose; we put the customer at the center of everything we do helping people is in our DNA. For 200 years we have thought about the futurethe future of ourcustomers, our communities and our people. We help our customers and our communities by workingtogether, innovating and pushing boundaries to bring them our very best every day. Together we'rechanging the way people think about a bank.
As a member of the BMO Harris Bank team you are valued, respected and heard, and you have moreways to grow and make an impact. We strive to help you make an impact from day one for yourselfand 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 andnetwork-building opportunities, we'll help you gain valuable experience, and broaden your skillset.
To find out more visit us at https://bmoharriscareers.com.
BMO Harris Bank is committed to an inclusive, equitable and accessible workplace. By learning fromeach other's differences, we gain strength through our people and our perspectives. BMO Harris Bank isan Equal Opportunity Employer for all, inclusive of Minorities, Women, Veterans, and Persons with