Product controller overseeing U.S. fixed-income P&L, reconciliations, and general ledger management. Supporting BMO Financial Group’s banking operations through analysis and AI-driven process improvement.
Responsibilities
Serve as the full-scope product controller for the U.S. Fixed Income businesses, including Primary Dealer, US Money Markets, Securitized Products, High Yield, and Origination trading desks
Oversee and review accurate daily P&L and PAA reporting for various trading desks and products
Review daily fluctuations and escalate significant items to management
Oversee Front-Office to Back-Office reconciliations
Understand trade flow from inception to the general ledger
Develop working knowledge of general ledgers and settlement systems including ICI, Calypso, GMI, GlobalOne, ADP, LoanIQ, S4, and Progress/Essbase
Ensure correct general ledger bookings and correct setup of new products in the P&L tracking process
Manage product-related balance sheet and income statement line items
Record, upload, reconcile, and coordinate general ledger postings
Prepare P&L and Balance Sheet reconciliations for month-end close
Coordinate with legal entity and regulatory accounting, risk, operations, and other support groups
Create and update monthly analysis of key business drivers
Prepare commentary and standard period-over-period analysis
Leverage AI to drive efficiencies and scalability across Product Control
Liaise with desk personnel on daily issues and meet monthly reporting deadlines
Requirements
Undergraduate Degree in Accounting or Finance
Minimum of 5-7 years of experience in financial services industry
Prior experience with Fixed Income products and/or risk based pnl explain preferred
CFA / CPA and/or Series 99/Series 7 a plus
Strong knowledge of fixed income products and the MBS market
Excellent computer skills
Ability to learn systems quickly
Ability to manage multiple tasks and meet deadlines without compromising data integrity
Strong communication and relationship building skills
Strong interpersonal and leadership skills
Strong customer service and client focus
Benefits
Performance-based incentives
Discretionary bonuses
Other perks and rewards
Health insurance
Tuition reimbursement
Accident insurance
Life insurance
Retirement savings plans
In-depth training and coaching
Manager support
Network-building opportunities
Reasonable accommodations for individuals with disabilities
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