Specialist, U.S. Fixed-Income Product Control

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About the role

  • BMO product controller managing daily P&L, PAA, and financial reporting for U.S. Fixed Income trading desks. Improving controls and scalability through AI-driven processes.

Responsibilities

  • Serve as the full-scope product controller for U.S. Fixed Income businesses, including Primary Dealer, U.S. Money Markets, Securitized Products, High Yield, and Origination trading desks
  • Oversee and review accurate daily P&L and PAA reporting for various trading desks
  • Review large daily fluctuations and bring them to management’s attention
  • Oversee Front-Office to Back-Office reconciliations
  • Develop working knowledge of trade flow from inception to general ledger
  • Understand general ledgers and settlement systems
  • Ensure correct general ledger bookings
  • Ensure new products are correctly set up in the P&L tracking process
  • Manage product-related balance sheet and income statement line items
  • Record, upload, reconcile, and/or 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 analyses 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
  • Meet monthly reporting deadlines and other role-related deliverables

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 P&L 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
  • Health insurance
  • Tuition reimbursement
  • Accident insurance
  • Life insurance
  • Retirement savings plans
  • In-depth training and coaching
  • Manager support
  • Network-building opportunities
  • Tools and resources to reach new milestones
  • Reasonable accommodations for individuals with disabilities

Job title

Job type

Full Time

Experience level

Mid levelSenior

Salary

$81,400 - $151,800 per year

Degree requirement

Bachelor's Degree

Location requirements

RemoteUnited States

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