The senior analyst is accountable for providing a financial center of competence to support medium to long term strategic planning for various businesses. The role will support assigned business unit leadership in achieving financial goals through the provision of information, expertise, advice and recommendations.
This position is responsible for revenue reporting for the Credit Card segment in Canadian P&C. Key responsibilities within this role include analysis of NIE, NIR, NIX for the Cards segment, month end closing for revenue and NIX , cards securitization filing, market share filing, relationship management support between finance and the lines of business, communication of the results and ongoing forecasting and planning support.
Responsible for regular analysis of actual financial results including appropriate financial governance over results.
Develop monthly and quarterly revenue messaging with linkage to business drivers such as, revolving balances, interchange revenue, foreign exchange, reward cost & fees.
Analyse and interpret market share information.
Develop value added, proactive financial analysis to support business issues.
Build strong relationships with leadership across supported groups to ensure financial relationship management requirements are met.
Review and validate business unit planning and forecasting activities directed to improve overall Canadian P&C performance and customer experience.
Process month end journal entries.
Prepare securitization reporting for the bank’s trust portfolio.
Hands on familiarity with credit cards in a banking environment, associated general ledger accounting, balance sheet and revenue reporting for approximately 7 yrs.
Must have strong financial modeling in excel, systems proficient in FID, Progress and Insight.
Good knowledge in Funds transfers pricing concepts.
Proven analytical skills in net interest earnings (NIE), non interest revenue (NIR) & net interest margin (NIM), Non Interest Expense (NIX).
Demonstrate interest and curiosity in the business drivers of financial results.
Ability to effectively communicate to both non-financial and financial individuals at varying levels of the organization.
Demonstrate ability to take initiatives, energetic, work independently and establish priorities.
One or more of the following; CA, CMA, CGA
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At BMO we have a shared purpose; we put the customer at the centre of everything we do – helping people is in our DNA. For 200 years we have thought about the future—the future of our customers, our communities and our people. We help our customers and our communities by working together, innovating and pushing boundaries to bring them our very best every day. Together we’re changing the
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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://bmocareers.com.
BMO 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. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.