Business Analyst

Job Description

BMO is currently sourcing for an IT Business Analyst. This is a hybrid contract role in Toronto (2 days in office per week).

Role Overview:

This role supports BMO’s Global Markets, specifically the global repo trading desks. The Business Analyst will provide day-to-day operational support, manage inquiries across multiple trading and risk groups, and participate in process enhancements and system rollouts. The position plays a key role in ensuring smooth trading operations and integration with external vendors and systems.

Key Responsibilities:

• Provide day-to-day support for BMO’s global repo trading desks.
• Respond efficiently to inquiries from Front/Middle Office, Trade Desk Support, Back Office, Risk, Collateral Management, Accounting/Settlement, and other groups.
• Participate in delivery of small-to-medium size process enhancements based on business priorities.
• Support rollout of new vendor functionality including testing, validation, coordination, and production deployment.
• Develop strong partnerships with key business stakeholders and technology contacts.
• Act as an expert on integration aspects of Repo systems and collaborate with external teams to resolve issues.
• Resolve issues with Repo trading system vendors and external contacts such as trading venues, clearing houses, and regulatory agencies.
• Participate in system upgrades and infrastructure/security patching, ensuring applications are validated and business-ready post changes.

Must-Have Skills:

• 2-3 years of experience working with Repo trading systems in a sell-side organization.
• Strong knowledge of Repo trading including trade execution, lifecycle events, inventory and collateral management, settlements, electronic and tri-party trading.
• Experience with outright bond trading and interest rate derivatives is a strong asset.
• Familiarity with systems such as Bondfire, Broadridge FinPro/Impact/SFCM, Bloomberg TOMS, FIS BondOne, Calypso, Anvil, Apex.

Nice to Have Skills:

• Experience building productivity tools or applications using Python and Excel/VBA.

Ideal Candidate:

• Demonstrated ability to manage vendor relationships and coordinate with multiple external stakeholders.
• Experience supporting system rollouts and upgrades in a trading environment.
• Strong understanding of integration points between trading systems and external market data, settlement, and collateral management systems.

Qualifications

About the BMO Contractor Talent Network

This contract job with BMO has been posted by Procom, BMO's recruitment service partner supporting the BMO Contractor Talent Network.

Should you be selected for this contract engagement, Procom will act as the employer of record or the agency of record for your contract engagement.

To find out more visit https://bmo.clientconnections.com.

This employer uses both human and technology-assisted tools to support candidate screening and assessment. Final hiring decisions are made by people.