B

Bank of Montreal

Runs Canadian and US banks for people and firms

Associate Banker

Full-TimeUpdated on 10/24/2026Deadline 11/24/26
$41.5k - $60.5k+ Commission structure may apply + Performance-based incentives + Discretionary bonuses
Junior
Vancouver, WA, USA
In PersonMay work at multiple branches or through various channels based on market needs; schedule may vary by week.
Finance & BankingRetail & Commercial Banking

About the job

Requirements
  • Typically has 1–2 years of relevant experience and/or certification in a related field of study, or an equivalent combination of education and experience.
  • For Canada, investment-product sales registration must be completed or in progress, as appropriate for the jurisdiction, and completed within 12 months.
  • Confidently uses social media, tablets, smartphones, online tools, and applications.
  • Has some experience in consultative customer service or sales roles.
  • Has basic knowledge of specialized sales and business banking solutions to refer customers to specialists.
  • Demonstrates commitment to helping customers and delivering a personal customer experience.
  • Can achieve results and thrive in a consultative sales and team-based environment.
  • Can approach customers with resourcefulness, initiative, courage, and confidence.
  • Can collaborate and work in different capacities as part of a team.
  • Has interpersonal skills to build rapport and connections with customers.
  • Can listen, solve problems, and respond flexibly and creatively to new challenges.
  • Has basic specialized knowledge.
  • Has good verbal and written communication skills.
  • Has good organizational skills.
  • Has good collaboration and team skills.
  • Has good analytical and problem-solving skills.
Responsibilities
  • Provides service to customers and prospects by identifying customer needs and advising on financial solutions that serve customers’ best interests.
  • Collaborates with BMO partners to identify referral opportunities that grow customers’ relationships with BMO beyond personal banking.
  • Welcomes and guides customers in the branch lobby and advises them about available digital and self-service options.
  • Conducts lobby conversations about banking services, recommends alternative banking channels, and provides personal banking and investment advice.
  • Executes customer transaction needs seamlessly.
  • Reviews customer profiles and discusses everyday banking plans and credit card needs to identify opportunities and address customer needs.
  • Contributes to branch business results and the customer experience.
  • Supports branch operations, including inventory management, escalated service requests, follow-up on customer applications, filing, and opening and closing activities.
  • Works as a member of the branch and market team.
  • Integrates marketing promotions and programs into customer conversations to provide strategic advice about personal banking and credit card needs.
  • Organizes work information to ensure accuracy and completeness.
  • Finds creative approaches to make each customer’s experience personal.
  • Contributes to ongoing improvement of the customer experience and business results.
  • May work at multiple branches or through various channels based on market needs; workdays, hours, and shifts may vary from week to week.
  • Follows risk and compliance processes and policies to safeguard customer assets, protect privacy, and act in customers’ best interests.
  • Keeps current with the financial services marketplace, legal and regulatory environment, and applicable ethical requirements.
  • Maintains current knowledge of personal banking products, practices, and trends and applies that knowledge in customer conversations.
  • Identifies and reports suspicious activity patterns suspected to be related to money laundering.
  • Complies with applicable legal and regulatory requirements.
  • Protects the bank’s assets in accordance with regulatory, legal, and ethical requirements.
  • Completes complex and diverse tasks within established rules and limits.
  • Analyzes issues, determines next steps, and escalates as needed.
  • Applies the Risk Management Framework and relevant policies, standards, procedures, laws, and regulations; makes sound, risk-informed decisions aligned with business strategy and the bank’s Risk Appetite.

About the company

Bank of Montreal, known as BMO, runs a Canadian bank and a large American bank, serving households and businesses on both sides of the border. Until the Bank of Canada opened in 1935, it acted as the Canadian government's banker. People use its branches and apps for accounts, mortgages, credit cards, and investments, while companies borrow from it and turn to its BMO Capital Markets arm to raise money and trade securities. BMO makes money on the gap between the interest it charges on loans and pays on deposits, plus fees from managing wealth and advising on deals. Bank of Montreal was founded in 1817 as Canada's first bank, and it keeps its legal head office in Montreal and its executive offices in Toronto, Canada.

Company Size

10,001+

Company Stage

IPO

Headquarters

Toronto, Canada

Founded

1817

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Simplify's Take

What believers are saying

  • Profits are climbing: before one-time items, BMO earned C$2.86 billion in the quarter ending July 2026, up 19%.
  • Expansion means jobs out West: in March 2026, BMO announced plans for 130-plus new California branches within five years.
  • Payouts are steady: BMO has paid a dividend every year since 1829, the longest record of any Canadian company.

What critics are saying

  • Cost cuts reach staff: BMO reported a C$202 million severance charge in February 2026 as headcount fell 678 to 53,035.
  • The U.S. arm earns less: its 8.6% return on equity trailed BMO's overall 13% in the quarter ending April 2026.
  • Compliance lapses draw fines: Canada's consumer watchdog fined BMO C$4 million in February 2026 for overcharging 101,091 customers.

What makes Bank of Montreal unique

  • Business lending comes first: 56% of BMO's loans in April 2026 went to companies and governments, 28% to mortgages.
  • It is a big American bank too: its U.S. arm ranked 16th in the country by assets in June 2026.
  • Chicago is its second hub: 81 of BMO's 926 job openings in October 2026 were there, behind only Toronto's 241.

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Benefits

  • Health Insurance
  • Tuition Reimbursement
  • Accident and Life Insurance
  • 401(k) Retirement Plan
  • Professional Development Budget
  • Hybrid Work Options

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BMO names Tim Cox as US CEO as Darrel Hackett retires nov. 1. BMO taps its U.S. general counsel and chief regulatory officer Tim Cox to lead its American operations as Darrel Hackett steps down November 1. BMO, the Chicago-anchored U.S. arm of Canada's Bank of Montreal, is preparing for a significant leadership transition at the top of its American operations. Tim Cox, the bank's U.S. general counsel and chief regulatory officer, has been named to succeed Darrel Hackett as U.S. chief executive officer, with the handover set to take effect November 1, when Hackett formally retires from the role. The appointment places a lawyer and regulatory specialist at the helm of one of North America's largest cross-border banking institutions at a moment when the regulatory environment for major banks in the United States is anything but settled. From the legal suite to the corner Office. Cox's ascension is notable precisely because of the path he has taken to reach it. Ascending from the dual role of general counsel and chief regulatory officer to the chief executive seat is a relatively uncommon trajectory in major banking, where the top position has historically been populated by career commercial bankers, capital markets veterans, or retail-focused operators. Cox's background positions him as an executive who has spent considerable time navigating the complex intersection of law, compliance, and institutional strategy - experience that carries heightened relevance as United States regulators continue to scrutinize large domestic and foreign-chartered banks on matters ranging from capital adequacy to consumer protection and anti-money-laundering frameworks. In an era when legal and regulatory risk has become as consequential to a bank's bottom line as credit risk or interest rate exposure, elevating a chief regulatory officer to the top post sends a deliberate signal about institutional priorities. BMO's board and senior leadership appear to be betting that deep regulatory fluency will be a strategic advantage as the bank seeks to deepen its U.S. footprint - a presence that expanded substantially following BMO's acquisition of Bank of the West in 2023, a deal that added hundreds of branches across the western United States and dramatically increased the institution's domestic asset base. Hackett's Legacy and the Timing of Departure. Darrel Hackett's retirement brings to a close a tenure that saw BMO's U.S. operations navigate the post-pandemic economic cycle, the integration of a landmark acquisition, and a markedly more volatile interest rate environment than any large bank had encountered in decades. His November 1 departure date provides a clean calendar transition, allowing Cox a full quarter to settle into the role before year-end planning cycles and the bank's fiscal reporting obligations come into focus. The orderly nature of the succession - an internal promotion rather than an external search - also reflects a degree of strategic continuity that investors and counterparties typically read favorably. The source reporting also references Aron Levine in the context of this leadership transition, suggesting that changes at the U.S. leadership level extend beyond the chief executive seat itself. While the precise scope of Levine's role in the reorganization has not been fully detailed in available reporting, his inclusion underscores that this is a broader recalibration of BMO's U.S. management structure rather than a simple one-for-one swap at the top. What the appointment signals for BMO's U.S. Strategy. BMO's U.S. ambitions have been among the most closely watched expansion stories in North American banking over the past several years. The Bank of the West integration placed BMO in direct competition with regional and super-regional banks across California and other high-growth western markets, while simultaneously increasing the complexity of its regulatory obligations under federal and state supervisory frameworks. Managing that complexity - maintaining strong relationships with the Office of the Comptroller of the Currency, the Federal Reserve, and state-level regulators - is precisely the domain in which Cox has built his career. The choice to promote from within the legal and compliance function also reflects a broader industry recognition that regulatory credibility is not a peripheral concern but a core competitive differentiator. Banks that can demonstrate proactive regulatory engagement, robust governance structures, and institutional transparency are increasingly better positioned to pursue acquisitions, expand product lines, and absorb supervisory scrutiny without operational disruption. Cox, having served in the dual capacity of general counsel and chief regulatory officer, is presumed to bring exactly that kind of institutional credibility to the chief executive role. What this means. BMO's decision to elevate Tim Cox from chief regulatory officer to U.S. chief executive officer is more than a routine succession announcement. It represents a considered institutional bet that regulatory expertise and legal acumen are now front-line strategic competencies for a major bank operating in the United States. As Darrel Hackett hands over the reins on November 1, the bank enters a new leadership chapter shaped by compliance-first thinking at the very top of its American hierarchy. For peer institutions watching closely, the message is clear: in the current environment, knowing how to navigate Washington may matter as much as knowing how to grow a loan book. Elena rosato. Italian fintech analyst. Covers EU payment regulation and the Mediterranean banking sector. § Comments Open discussion no account needed

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