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BMO

Associate, Global Middle Office

London
Posted about 18 hours ago
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Application Deadline: 08/23/2026

Address: 100 Liverpool Street

Job Family Group: Customer Shared Services

Product Control for Global Equities & Financing Solutions [GEFS] related businesses in BMO Capital Markets & BMO London Branch entities.

Extensive business and technical knowledge to manage the overall needs of the European Equity Desks from a Global Middle Office/Product Control perspective. Responsible for daily/monthly P/L production, Product Control, new business initiatives (impact to function), primarily for the ADR/ORD, Relative Value, Single Stock Derivatives, Index and ETF desks.

Knowledge:

  • Undergraduate degree
  • Accounting qualification
  • 5+ years of relevant industry experience
  • Established background in Product Accounting and P&L production/reporting
  • Strong knowledge and understanding of Corporate Actions
  • Excellent grasp of ADRORD/Relative Value/Index Arbitrage trading strategies
  • Good product knowledge of Equity Derivatives
  • Good knowledge of standard desktop applications like Microsoft Office.
  • An understanding of the business unit’s key products and services, processes, and controls
  • An understanding of the business unit’s risk and regulatory requirements

Skills:

  • Microsoft Office suite
  • Strong organisational skills
  • Self-starter and motivated
  • Can work to time-sensitive deadlines
  • Excellent attention to detail
  • Excellent analytical skills
  • Strong focus on meeting client needs.
  • Need to be personable and able function in a team environment.

Key Accountabilities

This list is not exhaustive, and expectations are that an in-depth knowledge will be required to either perform or oversee/supervise the following functions.

A. P&L Reporting

  • Prepare and distribute timely and accurate daily P&L and Profit attribution for the GEFS line of business.
  • Review for large fluctuations daily and bring to the attention of management
  • Perform Front-Office to Back-Office reconciliations
  • Gain a working knowledge of the trade flow process from inception to G/L
  • Develop a thorough understanding of the P&L reporting, product accounting, settlement, and General Ledger systems (eg. Imagine, Calypso, GMI, Global1, CMART, GLOSS, IBUK, FC)
  • Ensure correct bookings in the general ledger
  • Ensure that new products are set up correctly in the P&L tracking process

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£35,000/yr

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B. Balance Sheet and Income Statement management

  • Demonstrate an understanding of product related balance sheet and income statement line items
  • As appropriate, record, upload, reconcile and/or coordinate all general ledger postings for product related activity
  • Prepare P&L and Balance Sheet Reconciliations as part of month-end close
  • Coordinate with legal entity and regulatory accounting, risk, operations, and other support groups

C. Analysis and process improvement

  • Create and update monthly analysis with regard to key business drivers
  • Prepare commentary and standard period over period analysis
  • Identify opportunities to improve the operational effectiveness of assigned day-to-day activities.
  • Utilise BMO approved AI tools and take initiatives to improve process efficiency and productivity

Salary:

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

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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.

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Skills

Product accounting
P&L production
Corporate actions
Equity derivatives
Financial reporting
Reconciliation
General ledger
Analytical skills
Organizational skills
Microsoft Office
Risk management
Regulatory compliance
Trade flow process
Index arbitrage
ADR/ORD

Location

London, England, United Kingdom

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