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Director, Strategy & Transformation, North American Personal & Business Banking

Bank Of Montreal
Chicago, IL Full Time
POSTED ON 1/20/2025
AVAILABLE BEFORE 4/18/2025

Director, Strategy & Transformation, North American Personal & Business Banking

Experience, qualification, and soft skills, have you got everything required to succeed in this opportunity Find out below.

Apply locations Chicago, IL, USA time type Full time posted on Posted 2 Days Ago job requisition id R240031575

Application Deadline : 01 / 26 / 2025

Address : 320 S Canal Street

Job Family Group : Strategy & Change

Provides subject matter expertise in the design, development, management and implementation of assigned projects from business case development through execution. Works across BMO to deliver specific project / program business results in alignment with overall group goals.

  • Acts as a trusted advisor to senior leaders for making business decisions and implementing strategic initiatives.
  • Develops an expert understanding of business / group challenges.
  • Networks with industry contacts to gather competitive insights and best practices.
  • Recommends measures to improve organizational effectiveness.
  • May consult to or serve on various committees and task forces.
  • Manages resources and leads the execution of strategic initiatives to deliver on business and financial goals.
  • Interacts with various BMO groups to ensure strategy and initiatives meet enterprise governance requirements.
  • Leads implementation of strategic initiatives within group and across BMO by partnering with various internal & external stakeholders as required; complexity of initiatives may vary and usually involve multiple stakeholders across the enterprise.
  • Defines business requirements for analytics & reporting to ensure data insights inform business decision making.
  • Provides coaching on complex strategic & business issues and facilitates processes to reach effective resolution.
  • Assesses and adapts existing operational programs; develops new capabilities to ensure ongoing success.
  • Leads the execution of operational programs; assesses and adapts as needed to ensure quality of execution.
  • Leads change management activities, ensuring cross business / group coordination and logistical support for the implementation of change.
  • Acts as a relationship manager on assigned projects / programs and ensures alignment to overall enterprise and group goals.
  • Develops solutions and makes recommendations based on an understanding of the business strategy and stakeholder needs.
  • Participates in project / program design and provides advice & subject matter expertise to achieve required business results.
  • Conducts analysis required to inform strategic recommendations and considers the “big picture” when assessing whether or not a course of action is advisable in terms of the group and enterprise goals.
  • Collaborates with internal & external stakeholders to provide business context in the design, develop and implementation of programs & solutions.
  • May network with industry contacts to gather and identify competitive insights and best practices.
  • Breaks down strategic problems, and analyses data and information to provide insights and recommendations.
  • Monitors and tracks performance, and addresses any issues.
  • 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.
  • Identifies enablers and key issues prior to and during implementation, raises issues with stakeholders and offers solutions to resolve issues or risks that jeopardize delivery.
  • Operates at a group / enterprise-wide level and serves as a senior specialist resource across BMO.
  • Influences how teams / groups work together.
  • Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to multiple, interdependent, complex problems.
  • Communicates abstract concepts in simple terms.
  • Fosters strong internal and external networks and works with and across multiple teams to achieve business objectives.
  • Anticipates trends and responds by implementing appropriate changes.
  • Broader work or accountabilities may be assigned as needed.

Qualifications :

  • Typically 9 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
  • Seasoned expert with extensive industry knowledge.
  • Technical leader viewed as a thought leader for innovation.
  • Verbal & written communication skills - Expert.
  • Analytical and problem solving skills - Expert.
  • Influence skills - Expert.
  • Collaboration & team skills; with a focus on cross-group collaboration - Expert.
  • Able to manage ambiguity.
  • Data driven decision making - Expert.
  • Salary : $128,000.00 - $238,000.00

    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 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 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. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit : BMO Total Rewards.

    About 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

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    Salary : $128,000 - $238,000

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