: Operations Specialist/Global Equity Clearing and Settlements

Application Deadline:

06/19/2026

Address: 100 King Street West

Job Family Group:

Customer Shared Services

Mandate:

Responsible for the monitoring 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

Act as the back up and support to Associate Director

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 opportunities

KEY AREAS OF RESPONSIBILITY

Product & Process

Risk & Control

Business Performance Management

Product & 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 clear 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 recommendations and 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 Bank.

Understand risks inherent in area(s) of expertise and take appropriate actions, including accuracy and safeguarding of all documentation and any other requirements to ensure operational integrity is maintained within the business

Business Performance Management

Deliver exceptional customer service that builds trust through responsive, accurate, consistent, knowledgeable and available services and support.

Align individual performance goals to team and organizational goals.

Demonstrates behaviors that align with the BMO Way and BMO core values.

Identify and recommend business process improvement efforts

Actively participates in industry‑wide and firm‑wide initiatives to support organizational objectives.

KNOWLEDGE AND SKILLS

Knowledge:

University degree or equivalent work experience

More than 5 years of related experience

Experience utilizing AI to streamline processes

Strong knowledge of the reconciliation process

Solid knowledge and understanding of all traded products-capital market

Solid knowledge of standard desktop applications used by the business unit (i.e. Microsoft Office; Internet Explorer, Copilot)

Solid knowledge of departmental systems and applications (CDS/DTC/Euroclear/BNP/BPS/Arrow)

Solid knowledge and understanding of business unit’s key products and services, proves and controls

Solid understanding of business unit’s risk and regulatory requirements

Solid understanding of internal business, partner’s business, services and organization

Skills:

Attention to detail

Understanding of breaks and able to speak to the items when asked

Work effectively with high volume of transactions and with time constraints

Understand the intricacies of transactions from multiple lines of business and have the courage to make quick/sound decisions

Build strong relationships internally

Strong prioritization skills

Strong written and oral communication skills

Ability to multi-task in a fast-paced environment

Salary:

$69,000.00 - $129,000.00

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