Manager - BMO Digital Innovation Fund

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In this role, you will have the exciting opportunity to shape the strategy of one of the top 10 largest banks in North America by working on our North American Partnerships team.  Your responsibilities will include identifying appropriate investment targets, driving business relationships, and developing business cases and investment analysis.  You’ll work closely with our product management, sales, and investment teams to execute our strategic roadmap. 

It will be helpful if you have experience developing business goals and key performance metrics to support initiative/program monitoring and enable insights, have worked in the venture capital space, and/or have experience with large financial institutions. You’ll be successful if you can build strong cross-group coordination and logistical support for new investments and can work across BMO to deliver results in alignment with overall group goals.

Responsibilities:

• Perform research and analysis of new markets, technologies, and business models. Leverage an unyielding curiosity to help our team keep pace with future trends. Assist and support existing portfolio companies by acting as a true partner to, and advocate for, partners as they navigate the entrepreneurial journey.
• Seek out new investment opportunities. and establish our presence in the market and expand our ecosystem among venture capitalists, service providers, subject matter experts, and others. Engage with the entrepreneurial community. Be an authentic voice for BMO’s mission and vision and build meaningful, lasting relationships.
• Evaluate potential investment opportunities. Uncover what makes our lines of business special and how we can accelerate our product roadmaps and strategic investments.
• Execute investments, including deal structuring and financial modeling. Understand and communicate the financial impact and underlying incentives of the deals we participate in.
• Acts as a trusted advisor to assigned businesses/groups for assigned initiative and product strategy by acting as an advisor and subject matter expert on relevant regulations and policies including ongoing monitoring and reporting. Ensures alignment between various stakeholders Ensures alignment between stakeholders.
• Employs systems (e.g. customized exception reports, tracking reports, etc.) to manage information.

Qualifications:

• Typically between 5 - 7 years of relevant experience and a post-secondary degree in a related field of study or an equivalent combination of education and experience.
• Combination of Financial Services and Technology exposure; solid network within the entrepreneurial ecosystem.
• Strong networking in the areas of financial services, wealth management and venture capital and in-depth knowledge of BMO’s channels technology platforms and services.
• Deep knowledge and technical proficiency gained through extensive education and business experience.

Key Skills:

• Verbal & written communication skills - In-depth.
• Collaboration & team skills - In-depth.

• Analytical and problem-solving skills - In-depth.
• Influence skills - In-depth.
• Data-driven decision making - In-depth.

Provides expertise in the design, development, management and implementation of assigned strategic initiatives from business case development through to execution. Develops business goals and key performance metrics to support initiative/program monitoring and enable insights. Ensures cross-group coordination and logistical support for the implementation of change. Works across BMO to deliver specific initiative/program results in alignment with overall group goals.

• Acts as a trusted advisor to assigned business/group for assigned initiatives/business programs.
• Recommends and implements solutions based on analysis of issues and implications for the business.
• Assists in the development of strategic plans and holistic business programs.
• Identifies emerging issues and trends to inform decision-making.
• Helps determine business priorities and best sequence for execution of business/group strategy.
• Builds effective relationships with internal/external stakeholders.
• Ensures alignment between stakeholders.
• Breaks down strategic problems, and analyses data and information to provide insights and recommendations.
• Employs systems (e.g. customized exception reports, tracking reports etc.) to manage information.
• Integrates information from multiple sources to enable more efficient processes, enhanced analysis and/or streamlined reporting.
• Monitors and tracks performance and addresses any issues.
• Designs and produces regular and ad-hoc reports, and dashboards.
• Participates in change management activities.
• Provides input into the planning and implementation of strategic insights programs.
• Reviews the ongoing programs for effectiveness, considers industry trends and recommends enhancements; makes changes as required.
• Focus is primarily on business/group within BMO; may have broader, enterprise-wide focus.
• Provides specialized consulting, analytical and technical support.
• Exercises judgment to identify, diagnose, and solve problems within given rules.
• Works independently and regularly handles non-routine situations.
• Broader work or accountabilities may be assigned as needed.

  Qualifications:

• Typically between 5 - 7 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
• Combination of Financial Services and Technology exposure; solid understanding of digital issues/trends and how to leverage technology for competitive advantage.
• In-depth knowledge of BMO’s digital channels and workplace technology platforms and services.
• Deep knowledge and technical proficiency gained through extensive education and business experience.
• Verbal & written communication skills - In-depth.
• Collaboration & team skills - In-depth.
• Analytical and problem solving skills - In-depth.
• Influence skills - In-depth.
• Data driven decision making - In-depth.

Salary:

Pay Type:

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 http://jobs.bmo.com/us/en

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 BMOCareers.Support@bmo.com 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.