Senior Manager, Canadian Equity Settlements (Toronto)

Senior Manager, Canadian Equity Settlements (Toronto)

18 Oct
|
BMO
|
Toronto

18 Oct

BMO

Toronto

Application Deadline:12/04/2026Address:100 King Street WestJob Family Group:Customer Shared ServicesMandate:· Responsible for the management and oversight of daily settlements within CDS/DTC/Foreign· Apply AI tools to identify patterns and automation opportunities· Lead modernization initiatives and identify improvements with the use of AI· Align Controls with both internal audit/external audit and ensure compliance· Accountable for functions that require specialized handling and skills, act as the key point of contact for daily production issues/escalation· Act as a key control over the daily reports and the allocation of breaks to the various teams for follow up and resolution· Interacting daily with various teams in CAD/US and Offshore locations· Providing monthly metrics reporting to senior management of number of fails/OKRs/Breaks· Developing team members with the skillset needed to settle trades including the use of AI· Ensuring Teams are properly resourced including vacation coverage/sick day coverage· Consistently reviewing process/procedures and identifying automation opportunitiesKEY AREAS OF RESPONSIBILITY· Product & Process· Risk & Control· Business Performance Management· ManagementProduct & Process· Manage and resolve day to day issues specific to reconciliations including the resolution of complex internal business partner and/or external customer issues.



Escalate more complex issues to senior management if necessary.· Act in an advisory capacity, as a subject matter expert (SME) to senior management on the implications of Reconciliations and platform changes that will impact daily recons.· Provide guidance and support to related business unit regarding procedures for reconciliations· Continuously assess and improve the operational effectiveness of the reconciliation process· Handle and resolve complex matters, core business critical issues, disputes, queries and complaints from internal business partners and external customers.· Ensuring we have transparent and documented procedures and processes with control check lists which are saved and used for training and audit purposes.Risk & Control· Maintain key controls and review process, where applicable, to ensure operating integrity, comply with internal and external regulators, involving an understanding of regulatory and compliance requirements as prescribed for the business unit; provide recommendationsand implement corrective actions to ensure adherence as required.· Identify potential risk situations within the scope of work (e.G. risk assessments), make recommendations and/or escalate to senior management, where appropriate, and ensure contingency plans exist.· Develop and maintain standards, process and controls in reconciliations to minimize loss/risk, ensure all regulatory requirements are met, and safeguard the assets of the

📌 Senior Manager, Canadian Equity Settlements (Toronto)
🏢 BMO
📍 Toronto

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