Practice Solutions Relationship Officer

About the role

Facilitates growth initiatives for the Bank through business development in the Practice Solutions Industry Vertical. Maintains an outstanding and continuous record of significant revenue generation through new client acquisition and enhanced relationships with existing clients in the Practice Solutions industry.

Ensures the required internal control standards, including adherence to audit, regulatory, and compliance policies. Provides support for pre-sales activities such as presentations, bids/proposals, and requests for information.

Retains and expands existing relationships to achieve portfolio retention, sales, service, and profitability objectives. Establishes and enhances the Bank’s brand by participating in meaningful and focused business and community activities.

Participates in industry forums and conferences to keep apprised of all industry trends, competitive insights, products, and services. Provides subject matter expertise on market conditions and trends to maintain a high level of environmental awareness.

Coordinates cash management, Credit Card, and other product implementation and financial transaction set-up. Works closely with other areas of the banking including Premier and Wealth to make referrals for other services the Bank offers that assist the client.

Ensures consistent personnel training throughout the team. Acts as daily sales contact for clients on sales-related questions such as product information, pricing, implementation timeframes, and requirements.

Gathers data to advance the sale process and completes all required documentation. Assists the team in pre-sales activities such as pitch preparation, client research, and preparation of prospect and client files for further action.

Tracks implementation requests to keep the process on track with timelines. Tracks internal reports and recommends improvements to sales support materials based on findings and feedback.

Compiles pre-call and post-call information packages by accessing internal systems and bank personnel to validate client holdings, pricing, and volumes. Provides research and data gathering to the sales team to facilitate solutions to the client’s/prospect’s business needs.

Assists with sales and service administration and processing, ensuring the client experience is seamless and opportunities are identified and met. Maintains current client information on Bank systems/files to ensure client history is accurate and complete.

Focus is primarily on business/group within BMO; may have broader, enterprise-wide focus. Exercises judgment to identify, diagnose, and solve problems within given rules. Works independently on a range of complex tasks, which may include unique situations. Broader work or accountabilities may be assigned as needed.

Requirements

• Typically between 4 - 6 years of relevant experience and post-secondary degree in a related field of study or an equivalent combination of education and experience.
• Credit qualifications and associated credit knowledge and skills according to the established qualification standards.
• Technical proficiency gained through education and/or business experience.

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.

Pay

Salary: $81,400.00 - $151,800.00 (Salaried). 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 the 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.

Benefits

• Health insurance
• Tuition reimbursement
• Accident and life insurance
• Retirement savings plans

To view more details of our benefits, please visit: BMO Total Rewards.