Full-Time

Associate Director

AI & Innovation Solutions

Updated on 9/9/2026

Deadline 9/19/26
Bank of Montreal

Bank of Montreal

10,001+ employees

Personal, business banking and capital markets

Compensation Overview

CA$70k - CA$150k/yr

+ Commission + Performance-based incentives + Discretionary bonuses

Toronto, ON, Canada

In Person

Bachelor's

Category
Business & Strategy (1)
Required Skills
LLM
Risk Management

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Requirements
  • A university degree in Business, Information Technology, Computer Science, Engineering, Data Science, or a related discipline.
  • 8+ years of progressive experience in technology, consulting, innovation, digital transformation, or business solution delivery.
  • Experience leading enterprise initiatives involving business and technology stakeholders.
  • Experience evaluating and implementing Artificial Intelligence, Generative AI, Agentic AI, intelligent automation, and emerging technologies.
  • Experience developing prototypes, proof-of-concepts, pilot solutions, or innovation incubation initiatives.
  • Experience working with AI Agents, CopILOT technologies, workflow automation, or autonomous business solutions.
  • Experience working with Legal, Compliance, Information Security, Privacy, and Risk Management teams.
  • Experience leading organizational change management and adoption initiatives.
  • Experience managing technology vendors, strategic partnerships, and cross-functional stakeholder groups.
  • Experience with Microsoft Power Platform, including Power Apps, Power Automate, Copilot Studio, and related technologies.
Responsibilities
  • Develop and execute the AI and Innovation Solutions strategy and roadmap.
  • Establish a long-term vision for AI, Agentic AI, automation, and emerging technologies.
  • Identify opportunities where AI and innovation can improve business processes, employee productivity, client experience, and operational efficiency.
  • Evaluate emerging technologies, industry trends, vendor capabilities, and competitive developments.
  • Assess and recommend opportunities involving Generative AI, Agentic AI, AI Agents, intelligent automation, copilots, and autonomous workflows.
  • Create and maintain an innovation framework that balances experimentation with appropriate governance and risk controls.
  • Advise senior leaders on strategic AI investments, implementation priorities, and innovation opportunities.
  • Lead AI opportunity intake, discovery, assessment, and prioritization activities.
  • Facilitate business workshops, interviews, and discovery sessions.
  • Analyze business challenges and identify opportunities for AI-driven solutions.
  • Develop business cases, cost-benefit analyses, and value realization plans.
  • Assess solution feasibility, scalability, implementation complexity, and organizational readiness.
  • Evaluate business, operational, regulatory, technology, and reputational risks.
  • Act as a trusted advisor to business leaders navigating AI opportunities.
  • Develop executive recommendations and implementation strategies.
  • Establish and lead an AI innovation and incubation function within the team.
  • Design, build, and execute proof-of-concepts, rapid prototypes, business-led pilots, and technology experiments.
  • Develop lightweight solutions to validate ideas and business value prior to formal project initiation.
  • Explore and assess Agentic AI capabilities, AI Agents, copilot solutions, and autonomous workflows.
  • Build and evaluate AI-driven concepts using approved enterprise tools and platforms.
  • Conduct solution trials with business stakeholders to determine viability and readiness for enterprise adoption.
  • Validate user experience, process impacts, operational requirements, and expected business outcomes.
  • Prepare recommendations on whether initiatives should proceed, be refined, or be discontinued.
  • Partner with technology teams to transition successful prototypes into enterprise delivery and production environments.
  • Create repeatable innovation assessment and incubation methodologies.
  • Establish governance frameworks, standards, controls, and operating procedures for AI initiatives.
  • Lead AI due diligence and assessment activities.
  • Ensure compliance with enterprise AI governance requirements and responsible AI principles.
  • Coordinate reviews with Legal, Compliance, Information Security, Privacy, Risk Management, Enterprise Architecture, and Procurement partners.
  • Evaluate implementation risks and establish mitigation strategies.
  • Support audits, governance reviews, regulatory assessments, and control validation processes.
  • Define standards for responsible deployment of AI Agents and autonomous capabilities.
  • Ensure appropriate human oversight, transparency, escalation paths, and operational controls are established for AI-enabled solutions.
  • Lead the end-to-end AI and Innovation Solutions portfolio.
  • Develop roadmaps, priorities, and implementation plans.
  • Oversee initiative planning, execution, risk management, and value realization.
  • Manage stakeholder expectations and executive reporting.
  • Establish performance measures and success criteria for AI initiatives.
  • Monitor implementation outcomes, adoption, and realized benefits.
  • Ensure successful transition into operational support and maintenance models.
  • Continuously identify opportunities for optimization and enhancement.
  • Lead organizational change management activities for AI and innovation initiatives.
  • Develop comprehensive stakeholder engagement and adoption strategies.
  • Create communication plans that support awareness, understanding, and adoption.
  • Partner with Learning and Development teams on training programs and educational materials.
  • Drive AI literacy and organizational readiness efforts.
  • Support business users during implementation and post-launch adoption.
  • Measure adoption effectiveness and continuously improve engagement strategies.
  • Promote sustainable behavioural and process changes that maximize business value.
  • Lead the Power Platform and Innovation Solutions practice.
  • Oversee intake, assessment, prioritization, governance, and delivery of Power Apps and automation initiatives.
  • Establish standards and best practices for Power Apps, Power Automate, Copilot Studio, AI Agents, and related technologies.
  • Evaluate incoming requests and determine the appropriate solution approach.
  • Support business stakeholders in identifying automation and innovation opportunities.
  • Provide governance and oversight for AI-enabled and low-code solutions.
  • Drive the evolution of the team's Innovation Solutions operating model.
  • Collaborate with technology teams to ensure solutions are scalable, secure, supportable, and aligned with enterprise standards.
  • Build and maintain strategic relationships with internal and external technology partners.
  • Evaluate emerging AI platforms, vendors, and solution providers.
  • Lead vendor assessments, proof-of-concept evaluations, and technology reviews.
  • Participate in procurement, due diligence, and implementation planning activities.
  • Monitor industry developments and recommend strategic technology investments.
  • Ensure external solutions comply with organizational governance and security standards.
  • Serve as the team's senior AI and Innovation Solutions leader.
  • Mentor and coach team members in AI, innovation, automation, and Power Platform capabilities.
  • Build organizational awareness and capability in emerging technologies.
  • Establish reusable frameworks, governance models, standards, and best practices.
  • Promote collaboration, knowledge sharing, and continuous learning.
  • Develop a sustainable operating model that supports future growth and innovation.
Desired Qualifications
  • Advanced certifications in Artificial Intelligence, Microsoft Power Platform, Change Management, Project Management, Business Analysis, or Innovation Management are considered assets.

Bank of Montreal (BMO) is a diversified financial services provider offering personal, business, and commercial banking, along with capital markets and wealth management, across Canada and the United States. Individuals use personal banking for everyday needs and loans, households can obtain mortgages and credit products, and businesses access commercial loans, treasury/cash management, and industry-specific advice. In capital markets, BMO assists clients with raising capital, trading, and research, while wealth management delivers investment strategies and asset management for portfolios. The company aims to help clients manage and grow their money through a full range of financial services for individuals, small businesses, large corporations, and public sector entities in North America.

Company Size

10,001+

Company Stage

IPO

Headquarters

Toronto, Canada

Founded

1988

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Simplify Jobs

Simplify's Take

What believers are saying

  • Q3 2026 adjusted net income rose 19% to $2.859 billion despite one-time charges.
  • Credit losses fell to $722 million, with impaired provisions at a 10-quarter low.
  • BMO's Moneris sale should add about 15 basis points to CET1 and fund redeployment.

What critics are saying

  • FCAC fined BMO $4 million in February 2026 for charging 101,091 customers incorrectly.
  • The Moneris sale and branch exits signal shrinking fee and deposit bases through early 2027.
  • BMO faces fraud and negligence litigation in B.C. tied to alleged $867,000 transfers.

What makes Bank of Montreal unique

  • BMO spans Canada and U.S., then narrows capital toward higher-return markets in 2026.
  • Its capital markets, wealth, and commercial franchises produced record pre-provision earnings in Q3 2026.
  • BMO keeps a strong 13.0% CET1 ratio while actively reshaping its portfolio.

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Benefits

Health Insurance

Tuition Reimbursement

Accident and Life Insurance

401(k) Retirement Plan

Professional Development Budget

Hybrid Work Options

Company News

Newswire
Sep 8th, 2026
Bank of Montreal issues $1B AT1 capital notes at 7.375% interest rate

Bank of Montreal has priced a USD 1 billion offering of Additional Tier 1 Limited Recourse Capital Notes, Series 7. The notes will carry a 7.375% annual interest rate, paid quarterly, until November 2036, after which the rate will reset every five years based on the 5-year US Treasury Rate plus 2.579%. The LRCNs will mature on 26 November 2086, with an expected closing date of 16 September 2026. BMO may redeem the notes, subject to regulatory approval, starting from November 2036 on any quarterly interest payment date with 10 to 60 days' notice. The proceeds will support general banking purposes and are expected to qualify as Additional Tier 1 capital for regulatory purposes. BMO Capital Markets, Barclays, Citigroup, Goldman Sachs, Morgan Stanley, and UBS are joint book-running managers for the offering.

Yahoo Finance
Sep 7th, 2026
BMO sells 138 US branches to First-Citizens Bank for $5.7B in deposits

BMO Financial Group has completed the sale of 138 branch locations to First-Citizens Bank & Trust Company. The branches are located across North Dakota, South Dakota, Wyoming, Nebraska, Kansas, Missouri, Oklahoma, Idaho, and selected locations in Minnesota, Oregon and Illinois. Under the agreement, First-Citizens Bank acquired approximately $5.7bn in deposit liabilities and $1.1bn in loans. The deal, first announced in October last year, forms part of BMO's strategy to reallocate capital towards markets with stronger client engagement and growth prospects. BMO plans to expand its presence in Western US markets, adding over 130 new sites in California and about 15 in Arizona. This would increase its California footprint by more than 50%.

The Financial Technology Report
Aug 31st, 2026
BMO recruits Wells Fargo executive Brent Reston as U.S. Chief Digital Officer.

BMO recruits Wells Fargo executive Brent Reston as U.S. Chief Digital Officer. Published. August 31, 2026 Canadian banking giant BMO has recruited former Wells Fargo managing director Brent Reston as Chief Digital Officer for its U.S. division, putting him in charge of sweeping tech integration across newly consolidated regional operations. Reston steps into the role following the departure of former head of U.S. banking digital and technology Brianna Elsass, who recently concluded a decade-long tenure at BMO to join Wisconsin-based Associated Bank. Bringing deep industry experience, Reston previously led mobile app overhauls, deployed the Fargo AI virtual assistant, and launched digital lending products during his four years at Wells Fargo. His career background also features eight years driving client experience initiatives at Bank of America alongside five years handling corporate strategy at Merrill Lynch. As first reported by FinTech Futures, BMO U.S. President Aron Levine confirmed on LinkedIn that the executive will "play a key role in helping us accelerate our digital strategy and continue building exceptional experiences for our clients." The leadership hire coincides with a major physical restructuring, marked by BMO's pending transaction to offload 138 retail locations across the Midwest and Great Plains regions to First Citizens Bank by mid-2026. Capital generated from these regional branch sales will fund the rollout of 130 new physical branches in California and 15 locations in Arizona over the next five years, focusing expansion efforts on high-growth retail markets that currently generate over 40% of BMO's total corporate earnings.

Yahoo Finance
Aug 25th, 2026
BMO reports Q3 2026 adjusted net income of $2.9B, up 19% despite goodwill charge

BMO Financial Group reported third-quarter 2026 net income of $1,750 million, down 25% from $2,330 million year-over-year. Earnings per share fell to $2.38 from $3.14. The decrease was driven by a goodwill reduction charge related to the sale of BMO's Transportation and Vendor Finance businesses. Adjusted net income rose 19% to $2,859 million, with adjusted EPS increasing 22% to $3.96. Adjusted return on equity reached 14.0%, compared with 12.0% in the prior year. Provision for credit losses decreased to $722 million from $797 million. All business segments delivered record pre-provision pre-tax earnings, with growth in Capital Markets, Wealth Management, and commercial lending in Canada and the US. Year-to-date reported net income increased 7% to $6,869 million.

Grafa
Aug 25th, 2026
BMO adjusted profit climbs to $2.9 billion, up 19%.

BMO adjusted profit climbs to $2.9 billion, up 19%. * BMO Financial Group (NYSE:BMO) reported Q3 2026 adjusted net income of $2.859 billion, up 19% year over year. * Reported net income declined 25% to $1.75 billion due to a $962 million after-tax goodwill-related charge. * BMO declared a Q4 2026 dividend of $1.71 per share and plans a new share repurchase program. BMO Financial Group (NYSE:BMO) reported third-quarter 2026 net income of $1.75 billion, down 25% year over year, while adjusted net income increased 19% to $2.859 billion after excluding a goodwill-related charge. The company's reported earnings were affected by a $962 million after-tax charge related to the announced sale of its Transportation and Vendor Finance businesses, while adjusted EPS increased 22% to $3.96 from the prior-year period. BMO reported earnings per share of $2.38, reported return on equity of 8.4%, and adjusted return on equity of 14%, while provisions for credit losses declined to $722 million from $797 million. The bank's Common Equity Tier 1 capital ratio was 13%, and BMO declared a fourth-quarter 2026 dividend of $1.71 per common share while repurchasing 3.8 million shares during the quarter. BMO stated that it intends to establish a new normal course issuer bid (NCIB) for up to 25 million shares, subject to regulatory and exchange approvals. BMO Financial Group provides banking, wealth management, and capital markets services across North America, with its latest results reflecting earnings growth across operating segments. Frequently asked questions. BMO signals