Senior Manager - Enteprise Regulatory Reporting Full-time Job
Feb 9th, 2024 at 12:57 Management Toronto 129 views Reference: 4579Job Details
This role is focused on Regulatory Reporting, including capital reporting and regulatory disclosures. You are involved in the oversight of regulatory reporting, change management (interpretation & implementation of new reporting rules), and analysis of the updates. Relationship building is key in this role. You have the opportunity to work with lots of different groups, different personalities and at different levels. Need to have the ability to present complex data in a clear, digestible way for non-finance colleagues.
Supports the execution of accurate and efficient cyclical reporting processes for regulatory and management information and note disclosure in financial statements to internal and external stakeholders and regulatory bodies. Works across BMO to deliver specific project/program results in alignment with overall group goals. Supports an efficient and effective Accounting function which uses common information sources and practices, reduces ongoing costs, increases service level performance and minimizes risk.
- Fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behaviours in all that they do.
- Ensures alignment between values and behaviour that fosters diversity and inclusion.
- Regularly connects work to BMO's purpose, sets inspirational goals, defines clear expected outcomes, and ensures clear accountability for follow through.
- Builds interdependent teams that collaborate across functional and operating groups to create the highest value for all stakeholders.
- Attracts, retains, and enables the career development of top talent.
- Improves team performance, recognizes and rewards performance, coaches employees, supports their development, and manages poor performance.
- Provides strategic input into business decisions as a trusted advisor.
- Makes recommendations to senior leaders on strategy and new initiatives, based on an in-depth understanding of the business/group.
- Acts as a subject matter expert on relevant regulations and policies.
- May network with industry contacts to gain competitive insights and best practices.
- Reviews the reporting program/processes for effectiveness, considers industry trends and recommends enhancements; makes changes as required.
- Develops and manages comprehensive information management systems; designs and/or leads initiatives to improve processes, analysis and reporting.
- Manages resources and leads the execution of accounting, risk and regulatory related strategic initiatives to deliver on business and financial goals.
- Acts as the prime subject matter expert for internal/external stakeholders.
- Works with stakeholders to establish priorities.
- Designs and produces regular and ad-hoc reports, and dashboards for regulators and executive level reviews.
- Integrates information from multiple sources to enable more efficient processes, enhanced analysis and/or streamlined reporting.
- Develops and manages comprehensive information management systems; designs and/or leads initiatives to improve processes, analysis and reporting.
- Leads in the design, implementation and management of core business/group processes.
- Leads the execution of financial reporting programs/processes; assesses and adapts as needed to ensure quality of execution.
- Supports the production of financial, regulatory, and management reporting requirements.
- Executes work to deliver timely, accurate, and efficient service for monthly, quarterly and annual processes for reporting.
- Analyses data and information to provide financial, regulatory and related risk insights and recommendations.
- Supports the interpretation and definition of internal and external policies and regulatory requirements e.g. credit reporting.
- Ensures strong governance and effective controls across finance & accounting activities and information in accordance with enterprise standards.
- Provides attestation to the validity of financial results and highlight significant information including variances, trends, opportunities and exposures to their Manager.
- Provides information and support the process for internal (Corporate and SOX) and external audits.
- Gathers and formats data into regular and ad-hoc reports, and dashboards.
- Organizes work information to ensure accuracy and completeness.
- Operates at a group/enterprise-wide level and serves as a specialist resource to senior leaders and stakeholders.
- Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to problems that can be complex and non-routine.
- Implements changes in response to shifting trends.
- Broader work or accountabilities may be assigned as needed.
Qualifications:
- Typically 7+ years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
- Seasoned professional with a combination of education, experience and industry knowledge.
- Verbal & written communication skills - In-depth / Expert.
- Analytical and problem solving skills - In-depth / Expert.
- Influence skills - In-depth / Expert.
- Collaboration & team skills; with a focus on cross-group collaboration - In-depth / Expert.
- Able to manage ambiguity.
- Data driven decision making - In-depth / Expert.