Business Development Associate, Bmo Family Office - Toronto, Canada - BMO Financial Group

BMO Financial Group

Verified Company

Toronto, Canada

1 week ago

Posted by:

Sophia Lee

beBee Recruiter

Description

100 King Street West Toronto Ontario,M5X 1A- Creates innovative business development strategies to grow the business in collaboration with other BMO partners.

Contributes to the development of marketing and sales materials for new business opportunities.
Identifies short

- and long-term value creation opportunities for target customer segments.

Develops, maintains, and executes a business plan to achieve client retention objectives.
Develops solutions and makes recommendations based on an understanding of the business strategy and stakeholder needs.
Provides advice and guidance to assigned business/group on implementation of solutions.
Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.
Helps determine business priorities and best sequence for execution of business/group strategy.
Conducts independent analysis and assessment to resolve strategic issues.
Ensures alignment between stakeholders.
Collaborates with internal and external stakeholders to meet business objectives.
Breaks down strategic problems, and analyses data and information to provide insights and recommendations.
Monitors and tracks performance, and addresses any issues.
Designs and produces regular and adhoc reports, and dashboards.
Builds change management plans of varying scope and type; leads or participates in a variety of change management activities including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives.
Leads or participates in defining the communication plan designed to positively influence or change behaviour; develops tailored messaging; and identifies appropriate distribution channels.
Provides input into the planning and implementation of operational programs.
Executes routine tasks (e.g. service requests, transactions, queries, etc.) in accordance with applicable service level agreements.
Acts as a relationship manager on assigned projects / programs to ensure alignment with overall enterprise and group goals.
Develops solutions and makes recommendations based on an understanding of the business strategy and stakeholder needs.
Conducts analysis required to inform strategic business development recommendations, and considers the "big picture" to assess the advisability of a course of action toward meeting group and enterprise goals.
Collaborates with internal and external stakeholders to provide business context in the design, development, and implementation of business development programs and solutions.
May network with industry contacts to gather and identify competitive insights and best practices.
Breaks down strategic problems in business development, and analyses data and information to provide insights and recommendations.
Monitors and tracks performance, and addresses any issues.
Leads or supports change management activities to coordinate strategic business development initiatives across business / groups and support implementation logistics.
Leads or participates in implementation of strategic business development initiatives within the group and across BMO by partnering with various internal and external stakeholders; complexity of initiatives may vary, and usually involve multiple stakeholders across the enterprise.
Identifies enablers and key issues prior to and during implementation of strategic business development initiatives, and raises issues with stakeholders to resolve issues or risks that jeopardize delivery.
Focus is primarily on business/group within BMO; may have broader, enterprisewide 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

Qualifications:

Typically between 6 years of relevant experience and postsecondary degree in related field of study or an equivalent combination of education and experience.
Solid knowledge of Lean process improvement methodology.
Working knowledge of process analysis and improvement tools.
Indepth understanding of the business unit's risk and regulatory requirements.
Strong knowledge of the business unit's transaction fulfillment procedures.
Advanced knowledge of process and/or project management.
Technical proficiency gained through education and/or business experience.
Verbal & written communication skills
Indepth.
Collaboration & team skills
Indepth.
Analytical and problem solving skills
Indepth.

Influence skills

Indepth.
Data driven decision making
Indepth.

Compensation and Benefits:

$60, $111,700.00

Pay Type:

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 str