Application Deadline:

08/15/2025

Address:

100 King Street West

Job Family Group:

Customer Shared Services

Associate Corporate Actions, this role requires an Independent, self-motivated individual that will provide daily Corporate Actions support of Firm Trading and Equity Finance accounts. Daily responsibilities will include the full life cycle processing of all North American corporate action and Dividend events across the multiple entities for Capital Markets. BMO is a long-established Tier 1 broker dealer, with a history of being in the forefront of Equity Finance trading and is looking for a motivated team member to be part of a dynamic department.

The Toronto Corporate Actions team will service the Canadian trades/positions on five BMO business entities, two north American and three European.

*There will be a period of implementation before the positions are migrated to their new accounts, at which point the role will take a more BAU role with projects as a secondary responsibility.

SUMMARY OF QUALIFICATIONS

Reports to the Manager of the Toronto Corporate actions team.Full understanding of end-to-end processing of the corporate action lifecycle, from announcement capture through to the final entitlement reconciliationsDaily liaison with trading desks, ops groups, accounts and institutional counterparties is needed to ensure the efficient processing of elections and entitlement setupsDaily monitoring and clearance of cash/stock reconciliationsWorking with the team manager to fulfil year-end/mid-year reviews and individual goal settingAble to adapt to future departmental projects.  Projects include the integration of voluntary corporate actions processing into the new in-house entitlement tracking system (EnTrack) and the external vendor system.Manage and monitor complex corporate action types that have a significant amount of risk associated.Make independent decisions within established guidelines, procedures and Letter of Authority/authority levels in resolution/escalation of problems, including system, software and hardware failures.Escalate all unresolved processing issues to the appropriate level, as the guidelines.Develop initiatives to avoid repetition of operational issues.Act as SME in Corporate Actions & EntitlementsMaintain key controls and review processes quarterlyIdentify 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.Contribute to the management of risk and minimize losses through monitoring and controlling various reports and taking appropriate actions, ensuring compliance requirements, audits and verifications are completed in accordance with Bank P&Ps.

Industry Knowledge and Skills

3-5+ years’ experience in asset servicing, with a Minimum of 3 years’ experience in a voluntary corporate actions’ role. Within a Top/Mid-tier broker dealer or BankUndergraduate degree with a solid mathematics component, or an equivalent depth of knowledge via experience/trainingExperience servicing cash Prime Brokerage clients is preferableStrong Understanding of voluntary election arbitrageStrong working knowledge of Canadian BPS, CDS, DTC and Microsoft office applications such as ExcelStrong time management and organizational skillsA collaborative approach to working with teams in other geographical locations, for the running of BAU work as well as ongoing project work The ability to spot gaps, therefore risk, in the process, with the corresponding ability to provide workable solutionsTeam player – We are a stable group with a high retention rate of engaged employees. This is to be fostered by following the group ethos of being candid, respecting others and showing diligence in all that we doSolid understanding of business unit’s risk and regulatory requirementsWork effectively with high volume of corporate action events that have deadline constraintsAbility to multi-task in a fast-paced environmentProject Management experience seeing implementations and integration of key systems.

Salary:

$56,000.00 - $103,500.00

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 view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards

About Us

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset.

To find out more visit us at https://jobs.bmo.com/ca/en.

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.