This role is responsible for executing and overseeing end-to-end physical metals operational activities , with a primary focus on Physical Movements , settlement, clearing, reconciliation, and invoice management . The position sits within Derivative, Commodity and Metals Operations and acts as a critical control point between Front Office, internal support teams, and external custodians/vault providers to ensure the accurate and timely movement of metal and cash. The successful candidate will manage daily settlement processes , including validation of trade economics, coordination of metal transfers with global depositories, and confirmation of associated cash flows. This includes ensuring all settlement obligations are met within defined cut-offs and service level agreements, while proactively identifying and resolving discrepancies. A key component of the role is performing reconciliations between internal systems (e.G., trading and inventory platforms) and third-party storage providers , investigating breaks,



and driving resolution with custodians or internal stakeholders where required. The role also owns clearing and post-trade operational workflows , including coordination of physical metal movements, validation of inventory positions, and ensuring alignment between financial and physical records. In addition, the candidate will manage invoice lifecycle processes , including tracking, validation, and escalation of outstanding or missing invoices to mitigate operational and financial risk. Operating in a highly manual and time-sensitive environment, the role requires robust attention to detail, the ability to manage multiple priorities, and a focus on process improvement and automation opportunities across reconciliation, settlement, and billing workflows. Supports an assigned senior leader in executing strategic priorities for the business/group. Gathers and integrates information to promote the effective and profitable operation of the business/group and enhances the

📌 Associate, Commodity And Metals Settlement (Toronto)
🏢 BMO
📍 Toronto