Specialist, U.S. Fixed-Income Product Control

Application Deadline:09/11/2026Address:VIRTUAL(S1)32 - HomeRes - NYJob Family Group:Customer Shared ServicesUnder the direction of the Associate Director, Product Control this role is the full scope product controller for the U.S. Fixed Income businesses, which includes Primary Dealer, US Money Markets, Securitized Products, High Yield, and Origination trading desks. This includes daily P&L and PAA reporting, full balance sheet and income statement line management, monthly analysis and ad-hoc reporting.KEY ACCOUNTABILITY AREAS:P&L and PAA (Profit Attribution Analysis) ReportingBalance Sheet and Income Statement line item managementAnalysis and process improvementSPECIFIC ACCOUNTABILITIES:P&L ReportingOversee and review accurate daily P&L and PAA for various trading desks within U.S. Fixed Income, focusing on but not limited to the following products: MBS, Treasuries, Repos, Agencies, Corporates, IRS, Bond Futures, CDXReview for large fluctuations daily and bring to the attention of managementOversee Front-Office to Back-Office reconciliationsGain a working knowledge of the trade flow process from inception to G/LDevelop a thorough understanding of the G/L’s and settlement systems (ICI, Calypso, GMI, GlobalOne, ADP, LoanIQ, S4, Progress/Essbase)Ensure correct bookings in the general ledgerEnsure that new products are set up correctly in the P&L tracking processBalance Sheet and Income Statement line item managementHave an understanding of product related balance sheet and income statement line itemsAs appropriate, record, upload, reconcile and/or coordinate all general ledger postings for product related activity (e.g. balance sheet, revenue)Prepare P&L and Balance Sheet Reconciliations as part of month-end closeCoordinate with legal entity and regulatory accounting, risk, operations, and other support groupsAnalysis and AI-driven process improvementCreate and update monthly analysis with regard to key business driversPrepare commentary and standard period over period analysisLeverage AI to drive efficiencies and scalability across Product ControlAUTHORITIES:The holder of this job has access to various financial systems (general ledgers, sub-ledgers, and reporting systems).CROSS FUNCTIONAL DEPENDENCIESThis job has cross functional dependencies to the rest of Global Middle Office, CM Finance, as well as Risk, Tax, etc. departments that support the businesses.SCOPE AND IMPACT:This job requires tracking a number of products housed in various systems.Liaise with desk personnel on daily issuesPeak periods will include various monthly reporting deadlines and other deliverables consistent with the role.KNOWLEDGE, SKILLS AND COMPETENCIES:a. KnowledgeUndergraduate Degree in Accounting or FinanceMinimum of 5-7 years of experience in financial services industry. CFA / CPA and/or Series 99/Series 7 a plus.Prior experience with Fixed Income products and/or risk based pnl explain preferred. b. Skills and CompetenciesStrong knowledge of fixed income products and the MBS market.Excellent computer skills. Ability to learn systems quickly.Ability to manage multiple tasks and meet deadlines, without compromising data integrity.Strong communication and relationship building skills.Strong interpersonal and leadership skills.Strong customer service and client focus.WORKING CONDITIONS:Standard working conditions as set by BankSalary:$81,400.00 - $151,800.00Pay Type: SalariedThe 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: About UsAt 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 BMO is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristics. We also consider applicants with criminal histories, consistent with applicable federal, state and local law.BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to View email address on click.appcast.io and let us know the nature of your request and your contact information.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.SummaryLocation: Virtual, NY, USA; Toronto, ON, CANType: Full time