Senior Premier Relationship Manager
About the role
This is a licensed position requiring the SIE, Series 6, 63, 65, state Life and Health insurance licenses required; Series 7, 66 or 65 licenses preferred. Proactively builds and manages an assigned portfolio of mass affluent clients across multiple branch locations. Acts as the primary client contact to uncover financial needs and provide meaningful solutions in compliance with regulatory and compliance policies. Works collaboratively within the market, BMO partners, and the community to build relationships and deliver the desired customer experience. Uses a consultative sales process to develop strong customer relationships; acts as client’s trusted advisor and primary point of contact.
Responsibilities
- Proactively works with assigned customer portfolio to uncover needs, provide solutions, and identify additional sales opportunities.
- Makes key recommendations on products, pricing, and services; links customer to business partner experts based on key financial decisions.
- Achieves results and meets sales targets by acquiring new assets from existing client portfolio and new client acquisition.
- Proactively works with branch business partners to identify existing customers that meet the target profile and create a calling plan.
- Reviews credit applications to ensure sound credit granting principles; recommends remedies to maintain acceptable asset and credit quality.
- Executes quality customer review meetings for retention and relationship expansion purposes.
- Actively participates in the community to identify prospects through relationship building efforts and identify centers of influence (e.g. law and accounting firms) and two-way referral relationships.
- Provides individual and group training in order to mentor and coach branch personnel to enhance their knowledge and skills around the mass affluent client.
- Edits clients about available digital options for conducting banking transactions and provides guidance in the use of digital and self-serve technologies.
- Liaises between clients and various departments across the organization to provide product support as well as diagnose and solve problems within given rules.
- Maintains the confidentiality of customer and Bank information in compliance with Bank policies and procedures.
- Identifies risks and takes appropriate actions, including all documentation and other regulatory requirements to maintain operational integrity.
- Maintains individual exception reports and takes action to remove exceptions.
- Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.
- Executes work to deliver timely, accurate, and efficient service.
- Works independently on a range of complex tasks, which may include unique situations.
- Broadly works or accounts for a business/group within BMO; may have broader, enterprise-wide focus.
- Exercises judgment to identify, diagnose, and solve problems within given rules.
Requirements
- Typically between 4 - 6 years of relevant experience; post-secondary degree in related field of study preferred, not required.
- Proven experience in a financial services organization demonstrating knowledge of banking products, associated services, pricing strategies, and profitability management.
- SIE Exam, Series 6, 63, 65, state Life and Health insurance licenses required; Series 7, 66 or 65 licenses preferred.
- If licenses are not currently held, they are required within 120 days of the role start date.
- Advanced understanding of deposit, loan (including mortgage) and banking products and practices, cash flow analysis, lending process and directives, credit risk policies and standards, supporting processes, applicable legal and regulatory requirements, and Bank policies.
- Excellent understanding of brokerage and insurance products.
- Excellent knowledge of business services, including retirement plans, business banking solutions, insurance, and succession planning – required.
- In-depth knowledge of client portfolio management.
- Technical proficiency gained through education and/or 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.
Qualifications
- Typically between 4 - 6 years of relevant experience; post-secondary degree in related field of study preferred, not required.
- Proven experience in a financial services organization demonstrating knowledge of banking products, associated services, pricing strategies, and profitability management.
- SIE Exam, Series 6, 63, 65, state Life and Health insurance licenses required; Series 7, 66 or 65 licenses preferred.
- If licenses are not currently held, they are required within 120 days of the role start date.
- Advanced understanding of deposit, loan (including mortgage) and banking products and practices, cash flow analysis, lending process and directives, credit risk policies and standards, supporting processes, applicable legal and regulatory requirements, and Bank policies.
- Excellent understanding of brokerage and insurance products.
- Excellent knowledge of business services, including retirement plans, business banking solutions, insurance, and succession planning – required.
- In-depth knowledge of client portfolio management.
- Technical proficiency gained through education and/or 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.
Benefits
U.S. Only: This position will act as an originator of consumer loans as defined by Regulation Z, Regulation G, and the Secure and Fair Enforcement for Mortgage Licensing Act (the S.A.F.E. Act). This position will require a Federal registration with the Nationwide Mortgage Licensing System and Registry. The Bank will instruct you on the registration requirements needed to comply with this requirement. A criminal background review and credit history evaluation will be required for this position as well as restrictions on performing in a real estate agent capacity.
Pay
$57,500.00 - $106,500.00 Pay Type: Salaried
Schedule
Full-Time
Location
U.S.
Company
BMO Financial Group
Contact
To view more details of our benefits, please visit: https://jobs.bmo.com/us/en/Total-Rewards