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Bank of Montreal

Runs Canadian and US banks for people and firms

Business Development Manager

Business Development & PartnershipsConfirmed live in the last 24 hours
Full-timeToronto, ON, CanadaIn-person

About the Job

Requirements

  • Typically 4–6 years of relevant experience and a post-secondary degree in a related field of study, or an equivalent combination of education and experience.
  • In-depth knowledge of mortgage programs and products and business-to-business networks.
  • In-depth presentation skills and time management.
  • Proven business development success.
  • Customer-oriented, with a focus on designing and delivering a strong customer experience.
  • Proactive and collaborative approach with team members to establish trust and partnerships.
  • Commitment to building strong internal and customer relationships.
  • Technical proficiency gained through education and/or business experience.
  • In-depth verbal and written communication skills.
  • In-depth collaboration and team skills.
  • In-depth analytical and problem-solving skills.
  • In-depth influence skills.
  • In-depth data-driven decision-making skills.

Responsibilities

  • Develop and maintain strategic relationships with centres of influence and third parties, including brokers, brokerages, builders, and non-BMO Investment Advisor Offices, for designated home-financing sales programs and products.
  • Apply market and industry expertise to deliver a strong customer experience, grow market share, identify share-of-wallet opportunities, and refer business opportunities to key partners.
  • Develop and execute a market business plan to achieve objectives.
  • Represent sales programs and products in sales calls and at events.
  • Generate appointments and develop new relationships to grow business results.
  • Prioritize the market’s client and prospect pipeline.
  • Support regional sales program and product delivery to maximize client opportunities and increase referral volume and deal flow.
  • Train and coach internal and external partners on program and product operational guidelines and regulatory requirements.
  • Develop solutions and make recommendations based on an understanding of business strategy and stakeholder needs.
  • Provide advice and guidance to the assigned business or group on implementing solutions.
  • Collect documentation for onboarding and approval of new partnerships.
  • Negotiate pricing, underwriting, and efficient application presentation with brokers, builders, and program partners.
  • Identify and escalate broker or partner behaviour that poses fraud, anti-money-laundering, reputational, or other risks.
  • Provide input into planning and implementing operational programs.
  • Execute work to deliver timely, accurate, and efficient service.
  • Build effective relationships with internal and external stakeholders to deliver the desired customer experience.
  • Break down strategic problems and analyze data and information to provide insights and recommendations.
  • Monitor and track referral performance and address issues.
  • Ensure alignment between stakeholders.
  • Support strategic initiative execution in collaboration with internal and external stakeholders.
  • Conduct independent analysis and assessment to resolve strategic issues.
  • Apply judgment to identify, diagnose, and solve problems within established rules.
  • Work independently on a range of complex tasks, including unique situations.
  • Take measured risks while protecting the bank by applying the Risk Management Framework, adhering to the Risk Culture and approved Risk Appetite, making sound risk-informed decisions aligned with business strategy, protecting assets, and complying with applicable policies, standards, procedures, and laws and regulations.
  • Undertake broader work or accountabilities as assigned.

About the Company

Bank of Montreal

Runs Canadian and US banks for people and firms

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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