Senior Manager, Office of Strategic Management, US Banking

Address:

Job Family Group:

The Office of Strategic Management (OSM) works closely with the C-suite and with senior leaders in each of the businesses on the banks top strategic priorities spanning the end-to-end lifecycle from strategy development and solution prioritization all the way through to implementation.

The OSM brings together the development and execution of BMOs overall strategy by deeply integrating strategy and performance management within each business enabled by strong connectivity of the team to the Operating Group Heads and their leadership teams Finance Technology & Operations and Corporate Functions.

In recent years the teams work has included: cross-bank growth initiatives client segment strategies Digital and AI acceleration M&A target evaluation large-scale M&A integration business portfolio reviews new business entry and go-to-market strategies (e.g. climate finance) transformation initiatives and enterprise cloud and data strategies.

The OSM has a longstanding track record of placing team members in key roles across the organization and is recognized as a strong talent incubator for BMO. As a Senior Manager you will have unique exposure to executives and opportunities to build cross-bank relationships through working with line-of-business and corporate function leadership on developing and delivering the banks strategic priorities.

Core accountabilities

• Provides strategic input into business decisions as a trusted advisor.

• Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to problems that can be complex and non-routine.

• Conducts analysis required to inform strategic recommendations and considers the big picture when assessing whether a course of action is advisable in terms of the group and enterprise goals.

• Engage stakeholders across Enterprise to gather input / subject matter expertise and align on key insights and decisions to inform strategic planning / priorities.

• Leads the execution of strategic initiatives; assesses and adapts as needed to ensure quality of execution.

• Supports business performance management monitoring and action plan development to ensure tight alignment between business KPIs (leading / lagging) and enterprise ambitions.

• Supports change management activities ensuring cross business/group coordination and logistical support for the implementation of change.

Strategy development accountabilities - detailed

• Leverages a consultative approach to developing current state analysis (e.g. fact base opportunity areas) and recommendations on strategic choices / trade-offs.

• Recommends business priorities advises on resource requirements and develops roadmaps for strategic execution.

• Conducts analysis and research to provide context into the current state (e.g. industry trends benchmarks) and inform future state priorities (e.g. financial modelling best practices)

• Develops business cases by identifying needs analysing potential options and assessing expected return on investment.

• Breaks down strategic problems and analyses data and information to provide insights and recommendations.

• May network with industry contacts to gather and identify competitive insights and best practices.

Delivery accountabilities - detailed

• Leads implementation of strategic initiatives within group and across BMO by partnering with various internal & external stakeholders as required; complexity of initiatives may vary and usually involve multiple stakeholders across the enterprise.

• Acts as a relationship manager on assigned projects / programs and ensures alignment to overall enterprise and group goals.

• Leads the execution of operational programs; assesses and adapts as needed to ensure quality of execution.

• Defines business requirements for analytics & reporting to ensure data insights inform business decision making.

• Supports strategy execution by leading transformation roadmaps / programs to ensure disciplined delivery and successful change management.

• Collaborates with internal & external stakeholders to provide business context in the design develop and implementation of programs & solutions.

Executive support / other

• Supports C-Suite on other strategic priorities and ad hoc requests as necessary.

• Operates at a group / enterprise-wide level and serves as a specialist resource to senior leaders and stakeholders.

• Broader work or accountabilities may be assigned as needed.

Qualifications:

• Typically 3-7 years of relevant experience (management consulting financial services strategy roles) and post-secondary degree in related field of study (e.g. MBA CFA) or an equivalent combination of education and experience

• Outstanding analytical skills with the ability to frame key analyses and tell a cohesive story required to address critical business issues

• Seasoned professional with a combination of education experience and industry knowledge

• Demonstrated excellence in stakeholder management and organizational effectiveness in complex environments

• Verbal & written communication skills - In-depth / Expert

• Analytical and problem-solving skills - In-depth / Expert

• Influence skills - In-depth / Expert

• Collaboration & team skills; with a focus on cross-group collaboration - In-depth / Expert

• Able to manage ambiguity

• Data driven decision making - In-depth / Expert

• Passion for the Financial Services industry and/or experience in relevant content areas

Salary:

Pay Type:

The above represents BMO Financial Groups 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 Groups expected target for the first year in this position.

BMO Financial Groups 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: 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. Well 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 well help you gain valuable experience and broaden your skillset.

To find out more visit us at 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 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.