BMO is currently sourcing for a Business Analyst - Intermediate to support the Collateral Management Group. This is a hybrid contract role in Toronto (1-2 days in office per week).Role Overview:The Business Analyst will deliver and improve operational processes related to collateral management, focusing on automation, digitization, and AI-enabled process optimization. The role requires analyzing business needs, interacting with stakeholders, and implementing solutions to enhance efficiency and regulatory compliance.Key Responsibilities:- Act as a trusted advisor to the assigned business/group and recommend solutions based on analysis.- Identify emerging issues and trends to inform decision-making and help prioritize business/group strategy execution.- Develop and manage business/group programs, ensuring effectiveness and responding to industry trends.- Lead change management activities, including planning, stakeholder management, and execution.- Facilitate communication with internal and external stakeholders to meet business objectives.- Analyze issues and problems, resolving or escalating them in a timely manner.- Ensure accurate and timely processing of transactions while adhering to regulatory and risk controls.Must-Have Skills:- 3-5 years of relevant experience and a post-secondary degree in a financial institution or equivalent education and experience.- Knowledge and experience in finance and accounting, counterparty credit risk, and OTC derivatives products.- Understanding of REPO structures and ability to re-engineer processes for automation.Nice to Have Skills:- Experience with margin calls and digital AI tools (e.g., MS Copilot).- Knowledge of risk and regulatory requirements, including AI governance.- Familiarity with workflow automation tools (e.g., MS Power Automate) and data reporting platforms (e.g., MS Power BI).Ideal Candidate:- Demonstrated ability to prioritize and execute in a high-demand, transformational environment.- Strong customer service orientation and effective communication skills, with the capacity to explain complex concepts to non-technical stakeholders.- Proficiency in data-driven decision-making and identifying business use cases for automation.
