Job Title

Job Title: Associate, Trade Desk Support CASH PRIMEDate Written:Banking Group: Technology & OperationsLocation: Toronto MandateWhat is the primary purpose of this job? Associate, Trade Desk Support works closely with the Global Equity Finance and Prime Services trading desks providing desk support services for all pre and post execution events. The Associate also works on ensuring that downstream feeds for various products (Equities, OTC Equity and Fixed Income, Interest Rate Derivatives) are setup and acts as a liaison between the Trading desk and other stakeholders.Acountable for the execution of assigned Global Trade Support activities for various products and processes that require specialized handling and skills applying in-depth product knowledge. Support the introduction of new products, technology or processes. Develop and maintain excellent working relationships with Capital Markets Trading Products desk, Product Operations personnel and other stakeholder groups.Ensure adherence to related regulatory and Bank policies and procedures (P&Ps). Analyze and advise on the implications of new product introductions and change initiatives.Knowledge and SkillsDescribe special knowledge, subject matter expertise, accreditation / credentials, professional designations, skills, years of related work experience, human relations skills, type of education or degree needed to be successful on this job.3-5 years of business related experience in the financial services industryCash PRIMEUniversity Degree/College Diploma in related disciplineIn-Depth Knowledge of Vanilla and Exotic derivative products (i.e. Equities, OTC Equity and Interest Rate Derivatives Swaps, Forwards)Must have Project / Testing experience and worked on on-boarding trading platformsFamiliar with SwapOne, Imagine, Calypso, BloombergKnowledge of Financial Markets and Regulatory oversight bodiesStrong written and oral communication skillsAbility to work under tight deadlines independently or in a team-based environmentStrong investigation and problem solving skills and attention to detailsDemonstrates analytical thinking and sound judgement when making decisionsGood organizational skills, highly motivated and adaptable to a changing business environmentGood understanding of business units risk and regulatory requirementsGood understanding of internal business partners business, services and organizationKnowledge of departmental systems and applications supporting a range of Financial ProductsAdvanced Microsoft Office skills particularly in ExcelMust have VBA coding or marco automation experience Key AccountabilitiesList and describe the major components of work (e.g., strategy, governance, people management, analysis) and the approximate percentage of time spent on each. What action does the job take (e.g., own, execute, support, co-ordinate)? What results or outcomes are expected? Is there anything unique and important to know about what this job accomplishes?Product & Process Risk & ControlBusiness Performance ManagementA. Product & Process Ensure that all new trade bookings and trade amendments are accurately reflected on various trading platforms and updated to properly reflect life cycle events (expiry, reset, dividend, Corporate Actions)Ability to take on a leadership role and Liaise with the trading desk and bank stakeholders (Accounting, P&L, Market Risk, VPC, Audit etc.) to ensure that new product setups and downstream flows are accurately setupAct as a 1st line of defence to ensure that appropriate controls are in place to reduce operational risk, as well as to corroborate adherence to Approved Product ListWork closely with IT / PD to automate transactions workflow and create robust trade booking and trade activity monitoring toolsParticipate in system migration and enhancement projects conduct UAT testing and assess impact of trade bookings on Market risk and P&L impact on trading booksProactive to investigate and resolve position, trade and payment discrepanciesResponsible for completion of EOD process including completeness and reconciliation checks.Ensure all procedure documents are in place and up to dateB. Risk & ControlIdentify potential risk situations within the scope of Global Trade Support activities, escalating to management as requiredEnsure adherence to directives, internal processes and internal approvals to mitigate risk to the BankUnderstand regulatory and compliance requirements as prescribed for the business unit to ensure adherence as requiredEnsure adherence to all aspects of FirstPrinciples, Our Code of Business Conduct and Ethics Corporate Policy, as well as all applicable legislation, regulatory rules and requirements, and Bank standards, policies and procedures (P&Ps) for such things as potential conflicts of interest, safeguarding of customer information, trading in securities, anti-money laundering, privacy and disclosure of outside business activitiesEnsure strict confidentiality is maintained for both customer and Bank information to protect the customer and the Bank and to ensure compliance with Bank P&PsContribute to testing and updating of contingency planning to support the business and maintain continuity of critical processes throughout a contingency eventContribute to ensuring all procedures/ standards of team(s) are documented and regularly reviewed and updated as needed in accordance with market best practise guidelines and industry regulations C. Business Performance Management Identify opportunities to improve the operational effectiveness of assigned day-to-day Global Trade Support activitiesDeliver exceptional customer service that builds trust through responsive, accurate, consistent, knowledgeable and available services and supportDevelop excellent working relationships with Capital Markets Trading Products desks, Product Operations and other stakeholder groups ensuring we have a global view across the businessAlign individual performance goals to the teamDemonstrate behaviours that are consistent with BMOs purpose and valuesWorking ConditionsSpecify any non-standard working conditions and travel requirements (i.e. describe intensity, frequency, and duration of factors inherent in the work). This role operates within a hybrid working environment which entails balancing meaningful time spent in the office for collaboration and connection with teams based on the expectations of your business group and role, along with time spent working remotely.