Pay: $25-$26/hour
Required Skills & Experience
- University Degree or Equivalent Work Experience (1-3 years exp)- junior candidate
- CFA or Cash Management Experience
- Solid knowledge of standard desktop applications used by the business unit (i.e Microsoft Office; Internet Explorer, Microsoft Excel)
- Strong knowledge of the payments industry
Nice to Have Skills & Experience
- Strong knowledge of the payments industry (eg. SWIFT network, MX messaging)
- Knowledge and experience with the LYNX payment system, an understanding of Canadian dollar cash flow payments, how Canadian banks interact with Bank of Canada, and experience participating in financial services industry initiatives would be considered an asset.
Job Description
Insight global is looking for a operations analyst for the Real Time Rail payment system initiative in Canada at Bank of Montreal.
The Individual will:
- Be an active participant in the implementation and launch of the Real Time Rail payment system in Canada
- Oversee the daily cash flow operations for various BMO entities, providing support and data analysis to Global Middle Office, Front Office, Corporate Treasury, and other operations teams within Global Markets
- Ensure that all BMO entities maintains adequate intra-day and end-of-day liquidity to meet regulatory and risk standards, across various currencies and LYNX/Nostro/Vostro bank accounts
- Monitor and consolidate cash flows in and out of the bank, and report the bank’s final position to the Traders (Front Office) for investment/borrowing purposes
- Provide consistent and effective service and support to internal business partners (“customers”) as a key escalation point for business product challenges/investigations while ensuring effective management of risk and controls
We may use artificial intelligence tools to assist with the screening, assessment, or selection of potential applicants for this position.
Vacancy: This posting is for a currently vacant role, and the successful candidate will be hired into an existing open position.
