Senior Investment Portfolio Manager

Provides high quality sales and service to investment clients to deliver an exceptional client experience. Works collaboratively within the branch and the regional team as part of the client/relationship management solution.

Responsibilities

• Provide technical expertise for all aspects of investment management and administration to ensure compliance.
• Identify and make referrals to other business groups as appropriate.
• Develop internal and external networks and referral sources to grow business in the assigned portfolio/jurisdiction.
• Enhance presence in the marketplace by collaborating with other experts to create integrated business development strategies.
• Develop investment proposals and participate in meetings with prospects/clients.
• Provide investment management, fiduciary expertise, and strategic leadership for business, products, and policies to investment professionals within the assigned portfolio/jurisdiction.
• Make recommendations to senior leaders on strategy and new initiatives based on an in-depth understanding of the business/group.
• Act as a subject matter expert on relevant regulations and policies.
• Network with industry contacts to gain competitive insights and best practices.
• Manage resources and lead the execution of strategic initiatives to deliver on business and financial goals.
• Recommend business priorities, advise on resource requirements, and develop roadmaps for strategic execution.
• Help determine business priorities and best sequence for execution of business/group strategy.
• Conduct independent analysis and assessment to resolve strategic issues.
• Support the execution of strategic initiatives in collaboration with internal and external stakeholders.
• Act as the prime subject matter expert for internal/external stakeholders.
• Break down strategic problems and analyze data to provide insights and recommendations.
• Define business requirements for analytics and reporting to ensure data insights inform business decision-making.
• Coordinate the management of databases, ensuring alignment and integration of data in adherence with data governance standards.
• Monitor and track performance, addressing any issues.
• Design and produce regular and ad-hoc reports and dashboards.
• Collect data needed for quarterly performance reporting and analyze the performance of each mandate on the platform.
• Develop and recommend model portfolios based on statistical evaluation of risk, return, and correlations.
• Prepare spreadsheets and reports with information about performance, portfolio summaries, asset allocation targets, etc.
• Lead change management programs, including readiness assessments, planning, stakeholder management, execution, evaluation, and sustainment of initiatives.
• Lead the development of communication strategies focusing on positively influencing or changing behavior.
• Collaborate across BMO to develop communications strategies and ensure consistency of messaging.
• Lead the execution of operational programs, assessing and adapting as needed to ensure quality of execution.
• Lead/participate in the management of governance meetings and maintenance of governing body mandates, oversight, and approval guidelines.
• Provide specialized support for other internal and external regulatory requirements.
• Oversee the design, development, and implementation of tools and training required to deliver business results.
• Act as the day-to-day contact for vendors; support the implementation, maintenance, and sustainment of vendor solutions.
• Lead/oversee the management of vendor relationships and provide guidelines for execution; ensure all agreements are met as per requirements.
• Lead/support contract negotiations with vendors, balancing cost, risk, and performance.
• Lead/participate in the design, implementation, and management of core business/group processes.
• Develop and manage a business/group program; review for effectiveness, consider industry trends, and recommend enhancements.
• Identify business needs, design/develop tools and training programs; may include delivery of training to audiences.
• Perform sales and service support activities to meet client needs and maintain overall service levels.
• Provide administrative support to team members and relationship managers, including regular communication with clients, investigating and responding to customer inquiries, preparing customized client reports, implementing portfolio re-optimizations, and verifying performance measurement reports.
• Meet high-quality service standards to maximize relationship retention and growth.
• Develop rapport and instill confidence with clients to build credibility and earn their trust.
• Build effective relationships with internal/external stakeholders and ensure alignment between them.
• Follow through on risk and compliance processes and policies to safeguard customers' assets, maintain their privacy, act in their best interests, and ensure an effectively run function.
• Protect the Bank's assets and comply with all regulatory, legal, and ethical requirements.
• Operate at a group/enterprise-wide level and serve as a specialist resource to senior leaders and stakeholders.
• Apply expertise and think creatively to address unique or ambiguous situations and find solutions to complex and non-routine problems.
• Implement changes in response to shifting trends.
• Take measured risks while protecting the bank by applying the Risk Management Framework, making sound and risk-informed decisions aligned with business strategy, protecting assets, and adhering to applicable policies, laws, and regulations.

Requirements

• Typically 7+ years of relevant experience and post-secondary degree in a related field of study or an equivalent combination of education and experience.
• MBA or Finance certification preferred.
• In-depth/expert understanding of portfolio management principles and asset mix determination.
• In-depth/expert understanding of fiduciary law and applicability to trust investment accounts.
• In-depth/expert knowledge of equity and fixed income markets.
• In-depth/expert understanding of tax-related issues affecting investments.
• In-depth/expert knowledge of the regulatory environment.
• Seasoned professional with a combination of education, experience, and industry knowledge.
• Verbal and written communication skills – In-depth/Expert.
• Analytical and problem-solving skills – In-depth/Expert.
• Influence skills – In-depth/Expert.
• Collaboration and team skills, with a focus on cross-group collaboration – In-depth/Expert.
• Able to manage ambiguity.
• Data-driven decision-making – In-depth/Expert.

Pay

Salary: $102,000.00 - $190,000.00 (salaried). Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. For commission roles, the salary listed represents BMO Financial Group’s expected target for the first year in this position. Total compensation package 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

For more details on benefits, visit BMO Total Rewards.