IT Business Analyst - Intermediate

Job Description

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.

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.