Senior Analyst, Safekeeping
Hispanic Alliance for Career Enhancement, Milwaukee, WI, United States
Overview
Senior Analyst provides support across three related focuses: (1) Clearing fixed income trades for BMO Bank, BMO Harris Investment Corp., or BMO Bank safekeeping customers; (2) Processing P&I payments and reconciling differences between custodians and internal systems of record; (3) Settlement and monitoring of internal and correspondent bank funding activity. Works closely with the Investment Portfolio Accounting team. Responsibilities include timely and accurate bond accounting reporting, onboarding and supporting securities and cash collateral management, and providing operational support for Federal Funds transactions. The role requires learning each focus to handle routine and non‑routine transactions, respond to inquiries, address audit requests, and solve complex issues in line with Bank and industry standards.
Responsibilities
Follow department SOX controls when processing daily work.
Review client inquiries (scheduled or on-demand), troubleshoot/resolve problems independently, and escalate unresolved issues per guidelines.
Investigate accounting and P&I breaks related to reconciliations and system entries.
Create, update, and document procedures for applications developed (BMAs); identify opportunities to improve processes for efficiency.
Act as SME to translate business objectives into implementable plans for small- to mid-sized initiatives, including process redesign aligned with change management and product support; represent technical needs for new or revised processes and systems.
Prepare daily and monthly reconciliation activities and reports; provide commentary on discrepancies and outliers.
Provide complete coverage of multiple desks during staffing shortages.
Maintain appropriate audit trails for all tasks.
Knowledge and Skills
Knowledge
Bachelors degree or equivalent work experience
1 to 2 years of securities or finance industry experience recommended
Proficient with Microsoft Office applications (Outlook, Excel, etc.)
Knowledge of fixed income securities; good understanding of business unit risk and regulatory requirements
Skills
Strong analytical and problem-solving abilities
Investigation, prioritization, and organizational skills
Customer service and relationship management skills
Change leadership capabilities
Excellent written and oral communication skills
Ability to multi-task in a fast-paced environment
Salary
$41,714.00 - $77,500.00
Pay Type
Salaried
The above represents BMO Financial Groups pay range and type. Salaries vary based on location, skills, experience, education, and qualifications; compensation may include commission structures. For part-time roles, salaries are pro-rated. For commission roles, the listed salary may reflect the first-year target.
BMO Financial Groups total compensation package varies by pay type and may include performance-based incentives, discretionary bonuses, and other perks. Benefits include health insurance, tuition reimbursement, life and accident insurance, and retirement savings plans. For more details, please visit the Total Rewards page.
About Us
At BMO we are driven by a shared purpose: Boldly Grow the Good in business and life. We aim to create lasting, positive change for customers, communities and people. We provide training, coaching, manager support, and network-building opportunities to help you grow and gain valuable experience from day one.
Equal Employment Opportunity
BMO is an equal employment opportunity employer. We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy), sexual orientation, gender identity or expression, transgender status, age, protected veteran status, disability status, or any other legally protected characteristics. We also consider applicants with criminal histories consistent with applicable laws. We are committed to reasonable accommodations for individuals with disabilities. If you need an accommodation during the employment process, please email BMOCareers.Support at that address.
Note to Recruiters: BMO does not accept unsolicited resumes other than directly from candidates. Any unsolicited resumes sent to BMO will be considered BMO property. A recruiting agency must have a valid written contract to submit resumes.
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Senior Analyst provides support across three related focuses: (1) Clearing fixed income trades for BMO Bank, BMO Harris Investment Corp., or BMO Bank safekeeping customers; (2) Processing P&I payments and reconciling differences between custodians and internal systems of record; (3) Settlement and monitoring of internal and correspondent bank funding activity. Works closely with the Investment Portfolio Accounting team. Responsibilities include timely and accurate bond accounting reporting, onboarding and supporting securities and cash collateral management, and providing operational support for Federal Funds transactions. The role requires learning each focus to handle routine and non‑routine transactions, respond to inquiries, address audit requests, and solve complex issues in line with Bank and industry standards.
Responsibilities
Follow department SOX controls when processing daily work.
Review client inquiries (scheduled or on-demand), troubleshoot/resolve problems independently, and escalate unresolved issues per guidelines.
Investigate accounting and P&I breaks related to reconciliations and system entries.
Create, update, and document procedures for applications developed (BMAs); identify opportunities to improve processes for efficiency.
Act as SME to translate business objectives into implementable plans for small- to mid-sized initiatives, including process redesign aligned with change management and product support; represent technical needs for new or revised processes and systems.
Prepare daily and monthly reconciliation activities and reports; provide commentary on discrepancies and outliers.
Provide complete coverage of multiple desks during staffing shortages.
Maintain appropriate audit trails for all tasks.
Knowledge and Skills
Knowledge
Bachelors degree or equivalent work experience
1 to 2 years of securities or finance industry experience recommended
Proficient with Microsoft Office applications (Outlook, Excel, etc.)
Knowledge of fixed income securities; good understanding of business unit risk and regulatory requirements
Skills
Strong analytical and problem-solving abilities
Investigation, prioritization, and organizational skills
Customer service and relationship management skills
Change leadership capabilities
Excellent written and oral communication skills
Ability to multi-task in a fast-paced environment
Salary
$41,714.00 - $77,500.00
Pay Type
Salaried
The above represents BMO Financial Groups pay range and type. Salaries vary based on location, skills, experience, education, and qualifications; compensation may include commission structures. For part-time roles, salaries are pro-rated. For commission roles, the listed salary may reflect the first-year target.
BMO Financial Groups total compensation package varies by pay type and may include performance-based incentives, discretionary bonuses, and other perks. Benefits include health insurance, tuition reimbursement, life and accident insurance, and retirement savings plans. For more details, please visit the Total Rewards page.
About Us
At BMO we are driven by a shared purpose: Boldly Grow the Good in business and life. We aim to create lasting, positive change for customers, communities and people. We provide training, coaching, manager support, and network-building opportunities to help you grow and gain valuable experience from day one.
Equal Employment Opportunity
BMO is an equal employment opportunity employer. We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy), sexual orientation, gender identity or expression, transgender status, age, protected veteran status, disability status, or any other legally protected characteristics. We also consider applicants with criminal histories consistent with applicable laws. We are committed to reasonable accommodations for individuals with disabilities. If you need an accommodation during the employment process, please email BMOCareers.Support at that address.
Note to Recruiters: BMO does not accept unsolicited resumes other than directly from candidates. Any unsolicited resumes sent to BMO will be considered BMO property. A recruiting agency must have a valid written contract to submit resumes.
#J-18808-Ljbffr