Regulatory Reporting Business Analyst

Regulatory Services Senior Business AnalystJob DescriptionManages and delivers governance over processes to ensure timely and accurate regulatory reporting and controls. Provides oversight and analysis into various reports to support the connection of upstream data, through to required formats and submissions based on a given requirement. The role will require exception management, analytics, measurements, and timely escalations if required. Support for both tactical changes and strategic initiatives will also be expected.

Acts as a trusted advisor to assigned business/group.

Influences and negotiates to achieve business objectives.

Architects and implements solutions based on analysis of issues and implications for the business.

Identifies emerging issues and trends to inform decision-making.

Develops strategic plans.

Executes on strategic initiatives in collaboration with internal and external stakeholders.

Determine business priorities and best sequence for execution of business/group strategy.

Communicates with internal business partners and external customers to respond to standard and non-standard inquiries.

Designs and produces regular and ad.-hoc reports, and dashboards.

Monitors and tracks performance and address any issues.

Breaks down strategic problems, and analyses data and information to provide insights and recommendation.

Builds change management plans of varying scope and type; leads or participates in a variety of change management activities including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives.

Leads or participates in defining the communication plan designed to positively influence or change behavior; develops tailored messaging; and identifies appropriate distribution channels.

Develops and manages a business/group program.

Reviews the program for effectiveness, considers industry trends and recommends enhancements; makes changes as required.

Employs systems (e.g. customized exception reports, tracking reports etc.) to manage information.

Integrates information from multiple sources to enable more efficient processes, enhanced analysis and/or streamlined reporting.

Fulfill routine and frequently non-routine transactions, internal business partner and/or external customer inquiries/requests, and/or audit/reconciliation activities.

Analyzes and resolve complex issues efficiently and effectively in accordance with Bank and industry standards.

Acts as primary back-up to team members and as back-up to the manager.

Evaluates circumstances requiring exceptions and engages senior management for resolution where required.

Participates/leads process/system continuous improvement initiatives.

Identifies business needs, designs/develops tools and training programs; may include delivery. of training to audiences.

May acts as the day to day contact for vendors; supports the implementation, maintenance, and sustainment of vendor solutions.

Provides input and analysis into the continuous improvement of business processes and procedures and participates in the planning, testing and implementation of projects and new/ revised products/services or processes as required.

Follows documented policies and procedures to execute day to day transactions, activities, processes and ensure all Service Level Agreements (SLAs) are met. Checks and reconciles information and documentation to ensure accuracy and completeness.

Analyzes data and information to provide insights and recommendations.

Identifies and analyzes issues and problems and resolves discrepancies in a timely manner. Deals with clients directly to resolve trade issues and/or escalates as required.

Communicates and collaborates with internal and external stakeholders in order to deliver on business objectives.

Develops and maintains effective relationships with internal & external stakeholders to execute work and fulfill service delivery expectations.

Collaborates in development/implementation of new processes/systems and changes/improvements to existing systems and processes.

Understands the regulatory requirements and risks inherent in the operations and ensures appropriate actions are taken and operational integrity is maintained.

Supports the development of tools and delivery of training focused on delivering business results.

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 - 10 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience

Product Knowledge: Fixed-Income, Equities, Options

Knowledge and experience using relevant systems and technology – In-depth

Knowledge and understanding of the business unit’s key products and services, processes and controls – In-depth

Knowledge of the risk and regulatory requirements of the business – In-depth

Prioritization skills – In-depth

Customer service skills – In-depth

PC skills (MS Word, Excel, PowerPoint) – In-depth

Ability to multi-task in a fast-paced environment.

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:$79,800.00 - $148,000.00Pay Type:SalariedThe 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-RewardsWe’re here to helpAt 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 https://jobs.bmo.com/us/enBMO 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 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 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.