Associate Director, OTC Derivatives Confirmations
At a glance
Highlights
- strategic oversight of confirmations
- leadership across multiple asset classes
- collaboration with senior stakeholders
- exposure to cross-asset product knowledge
- driving process automation initiatives
Why this role might suit you
The role provides senior governance over critical trade confirmation processes, exposure to multiple asset classes, and leadership of a high-impact operations team, offering strong career growth and influence within a global bank.
Skills
About the role
Application Deadline:
05/08/2026
Address: 100 King Street West
Job Family Group:
Customer Shared Services
Job Purpose
The Associate Director is a senior member of Capital Markets Operations, accountable for the strategic oversight and governance of the trade confirmations and affirmations function across Metals, Commodities, Energy, and Emissions. The role provides operational leadership for confirmation integrity, timeliness, and control effectiveness, ensuring that all trading activity is accurately agreed with counterparties, operational risk is minimized, and regulatory standards are consistently met.
Key Accountabilities
Confirmations & Affirmations Oversight
Own the end‑to‑end confirmations and affirmations framework for trading activity across Metals, Commodities, Energy, and Emissions.
Set standards for confirmation issuance, matching, and affirmation quality across bilateral and electronic workflows.
Provide senior oversight of confirmation timeliness, aged items, and material discrepancies.
Act as the primary escalation point for high‑risk or complex confirmation issues, driving resolution with Trading, Legal, and counterparties.
Risk, Controls & Regulatory Alignment
Maintain strong governance over confirmation‑related operational risk, regulatory compliance, and audit readiness.
Ensure effective monitoring of key risk indicators, exception trends, and control performance.
Partner with Risk and Compliance to address emerging risks, regulatory changes, and remediation actions.
Lead engagement with internal audit, regulatory reviews, and control testing activities relevant to the confirmations lifecycle.
Stakeholder Leadership & Business Partnership
Serve as a senior operations partner to Trading, Risk, Legal, Credit, Technology, and Settlements.
Provide subject‑matter expertise on confirmations processes for new products, structures, and counterparties.
Represent Operations in business initiatives requiring confirmation model changes or enhancements.
Maintain strong external counterparty relationships to support timely resolution of confirmation matters.
Strategy, Process & Team Leadership
Drive the strategic direction, standardization, and automation of confirmations processes across asset classes.
Sponsor and support technology initiatives aimed at improving straight‑through processing and risk reduction.
Oversee procedure documentation, knowledge transfer, and operational resilience planning.
Provide leadership, coaching, and escalation support to the confirmations team, fostering a strong ownership and risk‑aware culture.
Required Experience & Capabilities
Extensive experience in Markets Operations, with deep expertise in trade confirmations and affirmations across commodities, metals, energy, or emissions.
Strong understanding of the trade lifecycle and the critical role of confirmations in mitigating operational and counterparty risk.
Demonstrated ability to lead complex workflows, manage risk, and influence senior stakeholders.
Proven judgment, decisiveness, and accountability in high‑pressure, time‑sensitive environments.
Clear, confident communicator with strong written and verbal skills.
Preferred Qualifications
Cross‑asset product knowledge spanning Metals, Commodities, Energy, and/or Emissions.
Experience with electronic confirmation and matching platforms.
Prior leadership in audit, regulatory engagement, or large‑scale process change initiatives.
Salary:
$86,000.00 - $160,000.00
Pay Type:
Salaried
The above represents BMO Financial Group’s pay range and type.
Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.
BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards
Compensation
This Other role pays $86k-$160k/yr. Within typical range for other roles in Canada.
Questions about this role
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