Senior Manager, Business Checking

Address:

Job Family Group:

Business Banking Segment

Wanted: A high energy professional who is customer obsessed with extreme passion about innovative product design and driving transformational change. This is a single contributor role however with the opportunity to bring together key stakeholders and teams to deliver against common performance goals.

• Business Banking Segment

• Wanted: A high energy professional who is customer obsessed with extreme passion about innovative product design and driving transformational change. This is a single contributor role however with the opportunity to bring together key stakeholders and teams to deliver against common performance goals.

• The what:
• Strategic multi-year planning
• Roadmap design & execution
• Product design build and execution
• Program design & strategy
• Partner with Marketing on campaign design & execution driving profitable acquisition
• Budget management & financial forecasting
• Partner/stakeholder management
• P&L Owner to drive results for the Business Checking pillar against stated goals KPIs and industry benchmarks (accounts balances profitability)

• The How:
• Building strong relationships and partnerships
• Customer obsessed/focused
• Analytical and data driven mindset
• Influencing through innovative strategic thought leadership
• Collaborating and demonstrating value
• Complex problem solving and data driven decisions
• Keen understanding of the industry competitive position and global market trends
• Operational excellence & delivery
• Fosters a culture aligned to BMO purpose values and strategy and role models BMO values and behaviors in all that they do.
• Ensures alignment between values and behavior that fosters diversity and inclusion.
• Regularly connects work to BMOs purpose sets inspirational goals defines clear expected outcomes and ensures clear accountability for follow through.
• Attracts retains and enables the career development of top talent.
• Improves team performance recognizes and rewards performance coaches employees supports their development and manages poor performance.
• Acts as a subject matter expert on relevant regulations and policies.
• May network with industry contacts to gain competitive insights and best practices.
• Assists in the development of strategic plans.
• Identifies emerging issues and trends to inform decision-making.
• Manages resources and leads the execution of strategic initiatives to deliver on business and financial goals.
• Determines product lifecycle.
• Conducts independent analysis and assessment to resolve strategic issues.
• Develops business cases by identifying needs analyzing potential options and assessing expected returns on investment.
• Provides recommendations on product lifecycle.
• Defines business requirements for analytics and reporting to ensure data insights inform business decision making.
• Leads develops and manages strategies for reporting and forecasting and/or analytics teams within the business.
• Breaks down strategic problems and analyzes data and information to provide insights and recommendations.
• Monitors and tracks performance and addresses any issues.
• Supports change management of varying scope and type; tasks typically focused on execution and sustainment activities.
• Leads the execution of operational programs; assesses and adapts as needed to ensure quality of execution.
• Provides input into the planning and implementation of operational programs.
• Executes work to deliver timely accurate and efficient service.
• Develops and implements action plans that meet financial and growth metrics.
• Conducts complex market research competitive intelligence and data analysis.
• Develops problem evaluation frameworks and defines research approach.
• Assesses customer/consumer and channels analysis and develops recommendations.
• Monitors key product performance and growth metrics to identify trends and recommend action plans.
• Resolves internal complex or higher risk customer escalations or policy exceptions which may include interactions with clients and sales.
• Reviews analysis of issues and identifies gaps and solutions.
• Provides competitive analysis and benchmarking to identify product strengths and gaps and extract insights.
• Analyzes customer/consumer insights and channel data to identify strengths and gaps and extract insights.
• Completes internal and regulatory reporting and attestations.
• Identifies existing and potential risks and develops risk management controls and processes.
• Develops and maintains product directives and policies.
• Supports development of key metrics and identification of trends.
• Gathers customer and sales feedback and analyzes issues.
• Participates in and evaluates market research and competitive analysis associated with assigned products.
• Participates in and evaluates customer/consumer insights and channels information.
• Acts as the day to day contact for vendors; supports the implementation maintenance and sustainment of vendor solutions.
• Resolves internal first level customer escalations.
• Leads/participates in the design implementation and management of core business/group processes.
• Gathers basic market research and competitive intelligence including pricing from publicly available information.
• Runs analyses and reports that support risk management and policy development.
• Designs implements manages and enhances a single product or suite of products throughout the product lifecycle.
• Develops implements and monitors key metrics and action plans to optimize financial performance
• Continuously improves processes to identify issues and deliver optimal customer experience.
• Works with partners to develop salesforce training and materials and manages change.
• May support the sales team in development of client deals and related presentations.
• Develops implements and manages product documentation templates and requirements to ensure they accurately reflect product and systems functionality.
• Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to problems that can be complex and non-routine.
• Implements changes in response to shifting trends.
• Broader work or accountabilities may be assigned as needed.
• Qualifications:
• Typically 7 years of relevant experience and post-secondary degree in Business or a related field of study or an equivalent combination of education and experience.
• Strong experience with consumer / commercial credit applicable to retail and business financing products.
• Strong experience working with retail and business product fundamentals including product design functionality and related policies and procedures
• Strong knowledge of product delivery infrastructure systems and underlying product interdependencies.
• Strong knowledge of banking product management and associated industry and regulatory requirements.
• Building business cases - in-depth
• Researching market trends in-depth
• Analytics and reporting in-depth
• Product marketing in-depth
• Software and systems architecture knowledge good/in-depth
• Financial Understanding good/in-depth
• Seasoned professional with a combination of education experience and industry knowledge.
• Verbal & written communication skills - In-depth / Expert.
• Analytical and problem solving skills - In-depth / Expert.
• Able to manage ambiguity.
• Data driven decision making - In-depth / Expert.

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.