Associate Director, OTC Derivatives Confirmations

Responsibilities

• 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.
• Maintain strong governance over operational risk, regulatory compliance, and audit readiness.
• Partner with Risk and Compliance to address emerging risks, regulatory changes, and remediation actions.
• Drive the strategic direction, standardization, and automation of confirmations processes across asset classes.
• Provide leadership, coaching, and escalation support to the confirmations team.

Requirements

• Extensive experience in Markets Operations with deep expertise in trade confirmations and affirmations.
• Specialized knowledge of commodities, metals, energy, or emissions.
• Strong understanding of the trade lifecycle and its role in mitigating operational and counterparty risk.
• Demonstrated ability to lead complex workflows and influence senior stakeholders.
• Proven judgment and accountability in high-pressure, time-sensitive environments.
• Clear and confident written and verbal communication skills.

Preferred Qualifications

• Cross-asset product knowledge spanning Metals, Commodities, Energy, and/or Emissions.
• Experience with electronic confirmation and matching platforms.
• Prior leadership experience in audit, regulatory engagement, or large-scale process change initiatives.

About the Company

BMO is a leading bank driven by a single purpose: to Boldly Grow the Good in business and life. As the 8th largest bank in North America by assets, we provide personal and commercial banking, wealth management, and investment services to more than 12 million customers globally.