Associate, Supply Chain Finance, Implementation

BMO Harris Bank

Description

 

Mandate:

  

The Associate is primarily responsible for assisting in the implementation of new Supply Chain Finance buyer programs and on-boarding suppliers to those programs. The Associate will assure appropriate documentation (i.e. Master Service Agreements, Operational Service Agreements, KYC documentation) has been obtained and stored and that technical interfaces with the bank are functioning. In addition the associate will monitor utilization and seek feedback from suppliers that are not trading (selling) receivables as anticipated to make sure there are not issues with visibility or process.  Associate will work to obtain approval to provide funding in new legal jurisdictions to support program needs.  The Associate will also interact directly with appropriate levels at both clients and platform providers on a regular basis to ensure the ramp up of new programs is proceeding at the expected pace.  Progress reports on new implementations will be provided to the Director of SCF and to GT management on a regular basis.

 

 

 Key Accountabilities:

 

  •  Validate and store MSAs and OSAs

  • Validate KYC documentation

  • Monitor utilization levels

  • Respond to client inquiries on a timely basis

  • On-board suppliers in a timely and efficient manner

  • Participate in system integration testing

  • Facilitate information flow between BMO and technology provider

  • Coordinate information flow internally (utilization, revenue)

  • Participate in development and maintenance of terms analysis database

  • Develop relationships with Legal and Tax to help facilitate discussions regarding evaluation of new jurisdictions

  • Develop relationships with Credit and Corporate/Commercial Banking Associates to ensure efficient communication between teams and to monitor potential industry and prospect concerns as they arise

  • Adhere  to the Bank’s credit, compliance, profitability, risk and business practice policies

  • Pursue actively opportunities for personal and professional development

  • Assist with prospect analysis as needed

  • Other duties and responsibilities with-in Global Trade as assigned

 

Qualifications

 

Knowledge & Skills:

  • Bachelor’s degree, preferably in Finance, Business, or Accounting;  MBA desirable

  • 3+ years of experience at the analyst and/or associate level

  • Working knowledge of credit analysis process, capital markets products (particularly trade products), and transaction banking services

  • Good knowledge of the organizational lending and portfolio management policies and objectives.

  • High proficiency with MS Word, Excel, PowerPoint and (ideally) MS Access

  • Experience working cross functionally

  • Experience managing multiple priorities

  • Excellent verbal and written communication skills including the ability to work in teams and to make internal presentations in small group settings as the need arises 

BMO Financial Group thanks all applicants. We advise only those who qualify for an interview will be contacted.

At our company, we have been helping our customers and communities for over 195 years. Working with us means being part of a team of talented and passionate individuals with a shared focus on working together to deliver great customer experiences. We stand behind your success with the support you need to turn your potential into performance.

To find out more visit our website at www.bmo.com/careers.

BMO Financial Group is committed to an inclusive, equitable and accessible workplace. By embracing diversity, we gain strength through our people and our perspectives. We welcome and encourage applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.

Job

Capital Markets

Primary Location

Canada-Ontario-Toronto

Organisation

I&CB-X000016

Schedule

full-time

Job Posting

06/01/17

Unposting Date

07/02/17

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Confirmed a day ago. Posted 30+ days ago.

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