Wayne Barry Email & Phone Number

Manage a team of ten Finance professionals in the consolidation, governance and reporting of bank-wide credit results in BMO financial statements and regulatory reports. Reporting directly to the Senior Vice President (SVP) Finance• Manage consolidated controllership and accounting close activities for BMO loan losses and allowances; implement and operationalize required enhancements to this process due to changes in policy, standards, or bank-lead initiatives• Foster partnership with… Show more Manage a team of ten Finance professionals in the consolidation, governance and reporting of bank-wide credit results in BMO financial statements and regulatory reports. Reporting directly to the Senior Vice President (SVP) Finance• Manage consolidated controllership and accounting close activities for BMO loan losses and allowances; implement and operationalize required enhancements to this process due to changes in policy, standards, or bank-lead initiatives• Foster partnership with Enterprise Risk credit teams to translate results into reporting dimensions and requisite dataflows; serve dual function of Financial governance of Risk results while simultaneously managing reporting pipeline and data enrichment activities for end-state reporting• Reporting lead for consolidated bank external credit results across the financial statements, management reporting and regulatory returns; translate business and reporting needs into operational processes and databases in partnership with Technology and Operations• Initiate, socialize and influence change management activities with respect to E2E bank-wide credit reporting, working with cross-functional partners in Risk, Technology and Data Architecture to transform the bank’s current footprint to an automated, scalable data-driven model• Effectively develop and empower a highly effective team in a hybrid work model; leading engagement scores and low turnover rates characterize the team• Operate as a lead SME on bank acquisitions to operationalize and integrate new business in existing credit pipeline, working closely with partners in Accounting Policy, Enterprise Risk, Technology and controllership Finance• Brief SVP Finance and Chief Accountant on external results on a quarterly basis and serve as trusted advisor on credit initiatives; distil complex credit results into underlying drivers and broader macroeconomic trends Show less

First Canadian Place, Toronto, Ontario

Participated as a project lead in the implementation of IFRS9, including all major project milestones ranging from review and interpretation of the IFRS9 published standard; developed process blueprints and operating models; established data requirements and integration; vendor intake, evaluation and selection; testing and documentation; creation of foundational reports and external disclosuresManaged monthly/quarterly credit risk assessment of consolidated bank performing loans under… Show more Participated as a project lead in the implementation of IFRS9, including all major project milestones ranging from review and interpretation of the IFRS9 published standard; developed process blueprints and operating models; established data requirements and integration; vendor intake, evaluation and selection; testing and documentation; creation of foundational reports and external disclosuresManaged monthly/quarterly credit risk assessment of consolidated bank performing loans under IFRS9; participating in end-to-end production activities ranging from database build, review and application of overlays, data aggregation and analytics, presentation and disclosure• Developed and presented all allowance materials to support GA committee governance forums and to support reserve reviews by the Vice President, Risk Reporting, the Head, Enterprise Risk, and consolidated bank CRO and CFO• Communicated quarterly IFRS9 allowance results with key internal stakeholders in both Risk and Finance as part of sign-off activities; manage relationships and information sharing with key external stakeholders, including OSFI, KPMG and the CBA. Materials cited as best-in-class by our regulator.• Lead team of direct reports to ensure on-time delivery of accurate and reliable allowance information; ensuring appropriate operating guidelines, controls, analytical processes and troubleshooting steps are in place to guarantee the delivery of monthly milestones• Review and sign-off of all performing loan allowance disclosures in the quarterly and annual financial statements, including the characterization of results and the development of key messages Show less

Subject matter expert and parent bank lead in integration of Marshall and Isley (M&I) purchased loan accounting results, including: the creation and mapping of end-to-end general ledger loan and allowance accounts for jurisdictional accounting treatments, integration of complete industry-level loan details into existing schedules, development, production and reconciliation of CDN GAAP consolidating finance entries, and participation in systems integration requirement- setting initiatives.•… Show more Subject matter expert and parent bank lead in integration of Marshall and Isley (M&I) purchased loan accounting results, including: the creation and mapping of end-to-end general ledger loan and allowance accounts for jurisdictional accounting treatments, integration of complete industry-level loan details into existing schedules, development, production and reconciliation of CDN GAAP consolidating finance entries, and participation in systems integration requirement- setting initiatives.• Revamped enterprise credit risk provisioning processes during transition from CDN GAAP to IFRS, including: complete overhaul of databases and schedules to incorporate IFRS elements, develop collective assessment model and SOX templates, oversee transactional accounting process changes to facilitate 2011 parallel run and 2012 go-forward requirements, and eliminated PCL reporting lags• Lead a team of 4 direct reports to provide total bank information on loans, allowances and the provision for credit losses; including major sections of external financials including the Supplementary Package, Financial Statement Notes/MD&A Tables, and OSFI returns. Show less

Co-ordinated detailed financial reporting, planning and forecasting of Operating Group results to the Board of Directors and Management Committee.• Provide analytics for senior management including the CEO, EVP Finance and Management Committee.

• Lead a team of 3 to provide total bank information on loans, allowances and the provision for credit losses• Collaborative interaction with a broad variety of cross-functional areas

Toronto

Certified Management Accountant

Master Of Business Administration

Bachelor Of Arts (B.A.), Economics