Director, Innovation Solutions, Private Wealth

Application Deadline:

10/08/2024

Address:
100 King Street West

Job Family Group:

Technology

The Innovation Solutions team focuses on Designing & building E2E innovative solutions: creating design standards & PoC to simplify development and reduce change management efforts.

This role is responsible for fostering the utmost level of innovative solutions throughout the business. In collaboration with BMO Business groups, Technology & Operations, support groups, and vendors, it ensures seamless collaboration and effective partnerships.

Key Accountabilities

Works collaboratively with business/group and stakeholders to assess needs, recommend process improvements and plans & implement solutions.

• Lead team to seek, size and deliver on process improvement opportunities within the E2E PW service delivery
• Work with the field to identify pain points, ideate, brainstorm & prototype solutions to maximize client & advisor experience
• Transformation & implementation of the team’s strategy, including technology, process & people
• Lead cross-functional teams through the incubation / discovery process to improve the client experience, as well as that of the ecosystem of advisors who support clients
• Empower peers and partners to apply the human-centered design framework, to achieve BMO’s goal of digital strategy
• Collaborate with partners to prioritize across the portfolio to maximize overall business value in alignment with need, capability and capacity
• Measures solutions and continually evaluates the effectiveness of the solution.
• Remains alert to new trends, tools and platforms, and makes recommendations on their application.
• Stays up to date on company and industry trends by forming and fostering relationships employees across the company, to leverage solutions where applicable.
• Actively looks for opportunities for continuous improvement of processes and procedures, and participates/leads continuous improvement initiatives.

Knowledge and Experience

• Minimum 7-10 years of relevant industry experience acting as a solution expert.
• Knowledge of discretionary, full service investing, financial services industry and fintech
• Post-secondary education or equivalent experience.
• Expertise in communicating to audiences at various levels clearly and concisely

Must-Have Skills/Attributes

• Leadership
• Written and oral communication
• Decisive
• Analytical and problem-solving skills with the ability to resolve complex and/or ambiguous problems.
• Organizational

Salary :

$92,400.00 – $171,600.00

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: https://jobs.bmo.com/global/en/Total-Rewards

We’re here to help

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. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset.

To find out more visit us at https://jobs.bmo.com/ca/en .

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.