Full-Time

Decision Intelligence BI Analyst

Deadline 5/31/26
Bank of Montreal

Bank of Montreal

10,001+ employees

Personal, business banking and capital markets

Compensation Overview

$82.8k - $154.8k/yr

+ Commission + Performance-based incentives + Discretionary bonuses

Toronto, ON, Canada

Hybrid

Hybrid role requiring 2-3 in-office days per week in Toronto.

Category
Data & Analytics (1)
Required Skills
Microsoft Azure
Python
Data Science
Neural Networks
Machine Learning
Tableau
AWS
Operations Research
Data Analysis
Requirements
  • BI Analyst experience
  • AI/ML experience
  • relevant degree in a relevant domain (Data, AI, Computer Science)
  • Typically between 5 - 7 years of relevant experience as BI Analyst and post-secondary degree in related field of study or an equivalent combination of education and experience
  • Deep knowledge and technical proficiency gained through extensive education and business experience
  • Big data
  • Data visualization (PowerBI, Tableau)
  • Computational thinking and programming
  • Data wrangling (Python)
  • Data preprocessing
  • Cloud computing (AWS, Azure)
  • Artificial Intelligence
  • Mathematics, statistics & operations research
  • Deep learning
  • Machine learning
  • Trust, bias and ethics
  • Creative thinking
  • Critical thinking
Responsibilities
  • Uses advanced analytical algorithms and technologies (e.g. machine learning, deep learning, artificial intelligence) to mine and analyze large sets of structured and unstructured data to obtain insights
  • Designs and constructs new processes for modeling data
  • Develops predictive models and leverages big data technology to design solutions that deliver smarter business decisions, improve customer experience, and drive productivity
  • Collaborates with other data and analytics professionals and teams to optimize, refine and scale analysis into mature analytics solutions
  • Plays an active role in the futuristic display of data, and advancement of innovative data strategies to understand consumer trends and address business problems
  • Uses data mining and extracting usable data from valuable data sources to assess feasibility of AI/ML solutions for improved processing and usage of organization data
  • Conducts large-scale analysis of information to discover patterns and trends by combining different modules and algorithms
  • Uses analysis to provide recommendations and advice for business leaders to maintain market competitiveness
  • Develops prediction systems and machine learning algorithms
  • Investigates additional technologies and tools for developing innovative data solutions for business stakeholders
  • Collaborates with the product team and partners to understand and provide data-driven decision making, business planning and future roadmap
  • Fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behaviors in all that they do
  • Ensures alignment between values and behavior that fosters diversity and inclusion
  • Regularly connects work to BMO’s purpose, sets inspirational goals, defines clear expected outcomes, and ensures clear accountability for follow through
  • Builds interdependent teams that collaborate across functional and operating groups to create the highest value for all stakeholders
  • Attracts, retains, and enables the career development of top talent
  • Improves team performance, recognizes and rewards performance, coaches employees, supports their development, and manages poor performance
  • Provides specialized consulting, analytical and technical support
  • Exercises judgment to identify, diagnose, and solve problems within given rules
  • Works independently and regularly handles non-routine situations
  • Broader work or accountabilities may be assigned as needed
  • Take measured risks while protecting the bank by applying our Risk Management Framework in the execution of your role, in line with our Risk Culture and within our approved Risk Appetite, making sound and risk informed decisions that align to business strategy, protect assets, and adhere to applicable policy documents (Frameworks, Policies, Standards, Procedures and Supporting documents), laws and regulations

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

Simplify Jobs

Simplify's Take

What believers are saying

  • OLBB can expand BMO share in U.S. small and midsized business banking.
  • AI adoption above 96% can lift productivity across frontline and back-office operations.
  • Potential Moneris divestiture can free capital for core banking, wealth, and capital markets.

What critics are saying

  • Moneris sale talks signal loss of a major payments fee stream and cross-sell engine.
  • Fintechs like Stripe and Adyen pressure merchant acquiring margins and technology spending.
  • Agriculture, chemicals, and commercial real estate exposures raise credit risk in a downturn.

What makes Bank of Montreal unique

  • BMO combines North American banking with capital markets, wealth, and payments capabilities.
  • Its 2026 U.S. SMB OLBB rollout targets underserved businesses needing simpler cash-flow tools.
  • The Bank hosts sector conferences, including Farm to Market | Chemicals, deepening industry relationships.

Help us improve and share your feedback! Did you find this helpful?

Your Connections

People at Bank of Montreal who can refer or advise you

Benefits

Health Insurance

Tuition Reimbursement

Accident and Life Insurance

401(k) Retirement Plan

Professional Development Budget

Hybrid Work Options

Company News

RJM & Company
May 14th, 2026
Recent M&A transactions.

Recent M&A transactions. Metals & Mining. May 14, 2026 - AMG Critical Materials NV said Zinnwald Lithium PLC has agreed to a cash and share acquisition by its subsidiary, AMG Lithium. (Morningstar) May 13, 2026 - Equinox Gold (TSX:EQX)(NYSE:EQX) said it would acquire Orla Mining (TSX:OLA)(NYSE:ORLA) in a deal valued at about $18.5B, creating a North America-focused gold producer expected to generate 1.1 million ounces annually. (Mining) May 11, 2026 - Kobe Steel will make KOBELCO WIRE COMPANY, LTD. a wholly owned subsidiary through a share exchange in which Kobe Steel becomes the parent and Kobelco Wire the subsidiary, under a simplified procedure not requiring Kobe Steel shareholder approval. (TheGlobeandMail) Transportation & logistics. May 14, 2026 - Siemens has agreed to buy the core business of Italian rail technology group MERMEC to strengthen its rail portfolio and gain market access to Italy. The parties agreed not to disclose the transaction's financial terms, the German engineering group said in a statement. Two people familiar with the transaction said the deal was worth $1.39B. (Reuters) May 14, 2026 - Brookfield Asset Management has reached a deal to acquire World Freight Company for an enterprise value of about $1.2B from EQT and PAI Partners. (Reuters) May 13, 2026 - Korean Air and Asiana Airlines approved a long-awaited merger that will pave the way for the launch of a new, integrated Korean Air. (KoreanHerald) May 11, 2026 - BMO Financial Group agreed to sell its transportation- and vendor-finance businesses to investment firm Stonepeak, with plans to take an equity interest in the new entity. (WSJ) Building products & materials. May 12, 2026 - The Blackpool-based construction materials distribution and civils specialist Fox Group has announced that it has bought surfacing contractor DSD Construction and concrete supplier Moore Readymix. (HighwayNews) May 11, 2026 - Southeast Building Supply Interests, a growing platform of lumber and building materials distribution businesses serving builders and professional contractors across the Southeast U.S., announced the acquisition of Builders Supply Company, further expanding SBSI's footprint in Tennessee. (LBMJournal) Energy. May 15, 2026 - U.S. power producer Constellation Energy Corp (NASDAQ:CEG) has agreed a long-term partnership with Pine Creek RNG, under which it will buy a minority stake in five operating renewable natural gas plants of Pine Creek. (RenewablesNow) May 14, 2026 - Chevron has agreed to sell several Asia-Pacific refining and retail assets to Japan's Eneos for $2.17B, as it continues to streamline its international portfolio. (Reuters) May 14, 2026 - Northwest Pump & Equipment Co., a leading provider of petroleum, industrial, and service solutions, announced the acquisition of Total Petroleum Services, a respected provider of petroleum service and maintenance solutions based in California. (GlobeNewswire) May 12, 2026 - Waaree Renewable Technologies is set to acquire a 55 per cent stake in Associated Power Structures Private Limited in a transaction valued at $128.7M, as the company expands its presence in India's renewable energy and power infrastructure sector. (AlCircle) May 11, 2026 - German utility group E.ON is poised to become one of Britain's largest energy suppliers after it announced plans to buy rival Ovo Energy for an undisclosed sum. (Reuters) Others. May 11, 2026 - Sony has agreed to acquire the full catalog of Recognition Music Group, a collection of more than 45,000 pop songs from artists ranging from Rihanna to Fleetwood Mac. The deal, made through Sony's venture with Singapore's sovereign-wealth fund GIC, will give Sony Music Publishing ownership of works performed by Beyonce, Lady Gaga, Journey, Red Hot Chili Peppers and others. (WSJ) Top news stories. East Hope Group plans $12.6B investment in Kazakhstan's aluminum industry. China's East Hope Group, one of the world's largest aluminum producers, is considering an investment of $12.6B in Kazakhstan's bauxite mining and aluminum sector, according to the country's Ministry of Industry and Construction. Rio Tinto backed Finland aluminum project, aims to boost European supply by 20%. Arctial, backed by Rio Tinto, is targeting first hot metal production from its planned aluminum smelter in Finland in the second half of 2029. Vedanta set to unlock $300M in value through AI-led industrial transformation. Vedanta Group, India's leading metals, oil & gas, critical minerals, power and technology conglomerate, highlighted the impact of its Artificial Intelligence (AI) and deep-tech-led transformation initiatives through V-Spark DeepTech Ventures, a global corporate innovation, accelerator and ventures platform. Alba sales decline 17% in Q1 2026 as Gulf conflict disrupts aluminum supply chains. Aluminium Bahrain, the world's largest aluminum smelter on a single site, reported a sharp rise in profitability in Q1 2026 despite operational disruptions caused by regional tensions across the Gulf. Chinese manufacturer Dajia develops advanced aluminum anodizing and spray coating. Foshan Dajia Electromechanical Technology Co., Ltd. is expanding its focus on automated and precision-based surface treatment systems for the aluminum industry through its Mingtu Painting division. Possible Guinea export cap adds pressure to bauxite shipping market. The global bauxite trade, which has been one of the strongest drivers of dry bulk shipping demand in recent years, is now facing pressure from both supply restrictions and geopolitical disruption. Evergreen profit sank 70% in Q1. Evergreen Marine Corp. saw revenue and profits plunge in the first quarter as unspecified higher container volumes were hit by weaker shipping rates. J.B. Hunt sees TL rates climbing 20% over next 2 years. J.B. Hunt Transport Services sees truckload rates climbing 20% over the next two years as stricter regulatory enforcement continues to remove capacity. UP-NS say revised merger application is 'comprehensive and complete'. Union Pacific and Norfolk Southern defended the completeness of their revised merger application in a filing with the Surface Transportation Board, saying it is "comprehensive and complete" while rebutting comments that called for the board to reject the amended application. Class 8 truck orders jump 201% in April. North American Class 8 truck orders posted a third consecutive month of triple-digit percentage increases in April. ACT Research preliminary data showed orders surged 201% from the prior year to 24,800 units. Brazil's Petrobras wants 2 wells built in new discovery at Aram block by 2030, says CEO. Brazil's state-run oil firm Petrobras, wants two production wells built by 2030 at a still-unnamed new discovery at the offshore Aram block in Santos basin, Chief Executive Magda Chambriard said. BP buys 40% stake in Uzbekistan oil and gas blocks. BP said it has acquired a 40% participating interest in a production sharing agreement covering six oil and gas exploration blocks in Uzbekistan's Ustyurt region, as it refocuses on traditional energy. Fervo Energy raises $1.89B in U.S. IPO. Geothermal energy developer Fervo Energy said it has raised $1.89B in its upsized U.S. initial public offering, highlighting robust investor appetite for the listing. Russia's newly-accepted tanker starts operations at project under U.S. sanctions, data shows. Oil prices fell sharply to two-week lows as optimism grew about a possible end to the war in the Middle East, with reports the United States and Iran were nearing an initial peace deal. SpaceX is aiming to go public on June 12 in what stands to be biggest IPO ever. SpaceX is aiming to go public on June 12, according to people familiar with the matter, setting the stage for what is expected to be the biggest initial public offering of all time. Netflix secures three more football games in new NFL deal. The National Football League cut a new four-year deal with Netflix for three more games and licensed additional games to Fox and NBC. Anthropic was behind. Now it's the AI boom's front-runner. Anthropic is emerging as the presumptive front-runner in the race for artificial-intelligence supremacy, with faster growth and fundraising that could soon yield a higher valuation than rival OpenAI.

Stock Titan
Apr 13th, 2026
BMO announces partnership with Quantum Industry Canada and Chicago Quantum Exchange.

BMO announces partnership with Quantum Industry Canada and Chicago Quantum Exchange. Rhea-AI Impact Rhea-AI Sentiment (Very Positive) partnership Rhea-AI summary. BMO (NYSE: BMO) announced partnerships with Quantum Industry Canada and the Chicago Quantum Exchange on April 13, 2026. These collaborations link BMO's new Institute for Applied Artificial Intelligence & Quantum to North American research and industry networks to support technology commercialization, workforce development, governance and knowledge sharing. Key figures. Share price: $144.31 Daily change: 1.08% 52-week range high: $149.01 +5 more Market reality check. Price: $144.31 Vol: Volume 494,532 is below t... Peers on argus. BMO was up 1.08% pre-news, while key peers were mixed: BNS up 0.82%, ING down 0... Previous partnership reports. 1 past event · Latest: Jan 10 (Positive) Same Type Pattern 1 events Historical comparison. -1.0% avg move · Past partnership news in 2025 averaged a -1.02% move. The new quantum-focused partnerships continue... partnership Market pulse summary. This announcement deepens BMO's quantum and AI engagement through partnerships with Quantum Industry... Key terms. quantum technologies, quantum computing, quantum networks, artificial intelligence AI-generated analysis. Not financial advice. 04/13/2026 - 07:00 AM * Partnerships focus on technology commercialization, research collaboration, workforce development and knowledge-sharing across North America * Aligns with recently announced BMO Institute for Applied Artificial Intelligence & Quantum, and the bank's focus on responsible technology adoption TORONTO, CHICAGO and SAN FRANCISCO, April 13, 2026 /PRNewswire/ - BMO today announced new partnerships with Quantum Industry Canada (QIC) and the Chicago Quantum Exchange (CQE), strengthening the bank's engagement with leading quantum research, industry and policy organizations. The partnerships build on BMO's April 9 announcement of the BMO Institute for Applied Artificial Intelligence & Quantum, a new Centre of Excellence focused on the responsible application and governance of AI and the advancement of quantum capabilities. Together, these initiatives reflect BMO's commitment to innovating, developing and integrating technologies that will shape the future of financial services and the broader economy. Through its collaborations with QIC and CQE, BMO is participating in early-stage, structured ecosystem partnerships focused on knowledge-sharing, workforce development and dialogue across academia, industry and policy communities. These engagements support BMO's long-standing approach to personalizing client experiences, augmenting team expertise and process automation, while contributing to the emergence of applications of quantum technologies that will impact the delivery of financial services. "Quantum technologies present significant long-term potential, along with important questions around security, governance and real-world application," said Dr. Kristin Milchanowski, Chief AI & Quantum Officer, BMO. "These partnerships enable us to engage constructively with leading organizations across Canada and the U.S. as the field continues to develop, while taking a responsible, informed approach grounded in collaboration, learning and readiness." BMO's participation in Quantum Industry Canada connects the bank to Canada's premier business-led quantum consortium, bringing together leading companies and strategic partners across the full quantum stack. Through QIC, BMO engages directly with Canada's quantum ecosystem, contributing perspectives informed by its expert technology bankers, enterprise-scale financial services experience and long-term readiness considerations. "Canada has played an outsized role in building the quantum era. The focus now is on translating that leadership into real capability, markets, and advantage," said Quantum Industry Canada's CEO Lisa Lambert. "BMO's participation reflects the shift from exploration to execution, and the role leading financial institutions play in scaling Canada's quantum economy." Through its partnership with the Chicago Quantum Exchange, BMO will engage with a Midwest-based intellectual hub that advances the science and engineering of quantum information, prepares the quantum workforce, and drives the quantum economy in collaboration with leading universities, national labs, and industry partners. With BMO's U.S. headquarters located in Chicago, the relationship provides a local foundation for ongoing dialogue, convenings and workforce-focused engagement, including exposure to emerging research and student talent relevant to financial services. "The CQE is building and scaling a full-spectrum quantum ecosystem by working closely with partners in key industries, like finance, to drive progress across the discovery-to-deployment pipeline," said David Awschalom, the University of Chicago's Liew Family Professor of Quantum Engineering and Physics and the founding director of the CQE. "Quantum technologies offer significant potential for financial institutions, from quantum networks that may enhance the protection of personal information to quantum computing approaches that could help identify fraud more effectively over time. Engaging in early, cross-sector dialogue with partners like BMO that share our commitment to responsible and efficient quantum sector growth is an important part of building a strong quantum economy." Together, these partnerships reflect BMO's long-term approach to emerging technologies as a financial advisor and capital provider, and as an innovator - engaging early with leading research and industry organizations, investing in knowledge and talent, and building the governance and institutional understanding required to evaluate potential applications responsibly as the quantum ecosystem matures. Recently, BMO became the first Canadian bank to join the IBM Quantum Network, extending its technology leadership in North America. BMO has also been recognized by Evident AI as one of the world's top 10 banks for AI innovation, received the Commercial Banking Impact Award for Artificial Intelligence and Advanced Analytics from Datos Insights, and was named one of Fast Company's Most Innovative Companies. About BMO Financial Group BMO Financial Group is the eighth largest bank in North America by assets, with total assets of $1.5 trillion as of January 31, 2026. Serving clients for 200 years and counting, BMO is a diverse team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to approximately 13 million clients across Canada, the United States, and in select markets globally. Driven by a single purpose, to Boldly Grow the Good in business and life, BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and stronger communities. SOURCE BMO Financial Group Faq. What did BMO (BMO) announce on April 13, 2026 about quantum partnerships? BMO announced partnerships with Quantum Industry Canada and the Chicago Quantum Exchange on April 13, 2026. According to the company, collaborations target commercialization, research collaboration, workforce development and responsible governance for AI and quantum technologies across Canada and the U.S. How do the Quantum Industry Canada and CQE partnerships affect BMO's technology strategy (BMO)? They strengthen BMO's engagement with quantum research and industry networks to inform strategy and readiness. According to the company, the partnerships provide access to emerging research, talent pipelines, and cross-sector dialogue to evaluate responsible applications for financial services. What specific activities will BMO pursue with Quantum Industry Canada and the Chicago Quantum Exchange? BMO will engage in knowledge-sharing, workforce development, and early-stage ecosystem partnerships with both groups. According to the company, activities include convenings, research collaboration, talent exposure and dialogue on security, governance and real-world application of quantum tech. Does BMO joining these partnerships change its existing AI and quantum initiatives (BMO)? The partnerships build on BMO's Institute for Applied Artificial Intelligence & Quantum and extend its ecosystem engagement. According to the company, the relationships are intended to accelerate learning, governance development and potential commercialization pathways responsibly across North America. Why is BMO partnering with CQE given its U.S. presence in Chicago (BMO)? Partnering with CQE ties BMO's U.S. headquarters in Chicago to a regional quantum hub for discovery and workforce development. According to the company, the connection supports local convenings, exposure to university research, and talent relevant to financial services innovation.

HPCwire
Apr 9th, 2026
BMO forms AI and Quantum Institute, appoints Chief AI and Quantum Officer.

BMO forms AI and Quantum Institute, appoints Chief AI and Quantum Officer. April 9, 2026 Press play to listen to this content TORONTO, CHICAGO and SAN FRANCISCO, April 9, 2026 - BMO (Bank of Montreal) today announced the establishment of the BMO Institute for Applied Artificial Intelligence & Quantum, a new enterprise-wide Centre of Excellence focused on the responsible innovation, application and governance of Artificial Intelligence (AI) and the development of Quantum capabilities. BMO's Institute brings together expertise from across science, policy, ethics and commercialization to build on BMO's decades-long use of AI while advancing its Quantum ambitions to enhance client experiences, increase productivity and efficiency, and support long-term growth, while maintaining strong governance and trust. "BMO is committed to building AI and Quantum capabilities that are innovative, trusted and centerd on our clients," said Steve Tennyson, Chief Technology & Operations Officer, BMO. "AI is accelerating how we build, modernize, and innovate across the bank and the Institute will strengthen our ability to turn leading edge technologies into meaningful value for BMO clients, while maintaining the discipline required to manage risk, operate at scale and support responsible adoption across global banking." Effective April 6, Dr. Kristin Milchanowski has been appointed BMO's Chief AI & Quantum Officer and will be the Founding Director of the BMO Institute for Applied Artificial Intelligence & Quantum. In this expanded role, she will continue to advance BMO's AI and Quantum capabilities, serve as a thought leader, and ensure strong, responsible governance across the enterprise. "BMO has been applying AI across the bank for decades to personalize client experiences, augment our teams and automate our business. These capabilities continue to evolve rapidly, alongside the emergence of Quantum technologies, creating both extraordinary opportunity and significant responsibility," said Dr. Kristin Milchanowski, Chief AI & Quantum Officer, BMO. "The BMO Institute for Applied Artificial Intelligence & Quantum will help further embed a mature, enterprise-wide AI agenda, while advancing our Quantum strategy across the Bank and beyond, while keeping us accountable and agile in this era of exponential change." With establishing the Institute, BMO is building on its significant investments in AI and other advanced technologies. Most recently, BMO became the first Canadian bank to join the IBM Quantum Network, extending its technology leadership in North America. BMO has also been recognized by Evident AI as one of the world's top 10 banks for AI innovation, received the Commercial Banking Impact Award for Artificial Intelligence and Advanced Analytics from Datos Insights, and was named one of Fast Company's Most Innovative Companies. About BMO Financial Group BMO Financial Group is the eighth largest bank in North America by assets, with total assets of $1.5 trillion as of January 31, 2026. Serving clients for 200 years and counting, BMO is a diverse team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to approximately 13 million clients across Canada, the United States, and in select markets globally. Driven by a single purpose, to Boldly Grow the Good in business and life, BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and stronger communities. ST. GALLEN, Switzerland and INCLINE VILLAGE, Nev., April 9, 2026 - Terra Quantum AG,... SANTA CLARA, Calif., April 9, 2026 - SiFive today announced it has raised $400 million... SANTA CLARA, Calif., April 9, 2026 - Intel Corporation and Google today announced a multiyear collaboration to... COLLEGE PARK, Md., April 9, 2026 - IQM Quantum Computers, a global leader in superconducting quantum... SINGAPORE and COLLEGE PARK, Md., April 9, 2026 - Horizon Quantum Holdings Ltd. and IonQ today announced... April 9, 2026 - The Practice and Experience in Advanced Research Computing (PEARC) Conference is...

BMO
Apr 9th, 2026
BMO establishes Institute for Applied Artificial Intelligence & Quantum.

BMO establishes Institute for Applied Artificial Intelligence & Quantum. * The BMO Institute for Applied Artificial Intelligence & Quantum builds on BMO's decades-long use of AI while advancing its Quantum ambitions to enhance client experiences, increase productivity and efficiency. * Dr. Kristin Milchanowski appointed to expanded role of Chief AI & Quantum Officer and Founding Director of the Institute. TORONTO, CHICAGO and SAN FRANCISCO, April 9, 2026 /CNW/ - BMO today announced the establishment of the BMO Institute for Applied Artificial Intelligence & Quantum, a new enterprise-wide Centre of Excellence focused on the responsible innovation, application and governance of Artificial Intelligence (AI) and the development of Quantum capabilities. BMO's Institute brings together expertise from across science, policy, ethics and commercialization to build on BMO's decades-long use of AI while advancing its Quantum ambitions to enhance client experiences, increase productivity and efficiency, and support long-term growth, while maintaining strong governance and trust. "BMO is committed to building AI and Quantum capabilities that are innovative, trusted and centred on our clients," said Steve Tennyson, Chief Technology & Operations Officer, BMO. "AI is accelerating how we build, modernize, and innovate across the bank and the Institute will strengthen our ability to turn leading edge technologies into meaningful value for BMO clients, while maintaining the discipline required to manage risk, operate at scale and support responsible adoption across global banking." Effective April 6, Dr. Kristin Milchanowski has been appointed BMO's Chief AI & Quantum Officer and will be the Founding Director of the BMO Institute for Applied Artificial Intelligence & Quantum. In this expanded role, she will continue to advance BMO's AI and Quantum capabilities, serve as a thought leader, and ensure strong, responsible governance across the enterprise. "BMO has been applying AI across the bank for decades to personalize client experiences, augment our teams and automate our business. These capabilities continue to evolve rapidly, alongside the emergence of Quantum technologies, creating both extraordinary opportunity and significant responsibility," said Dr. Kristin Milchanowski, Chief AI & Quantum Officer, BMO. "The BMO Institute for Applied Artificial Intelligence & Quantum will help further embed a mature, enterprise-wide AI agenda, while advancing our Quantum strategy across the Bank and beyond, while keeping us accountable and agile in this era of exponential change." With establishing the Institute, BMO is building on its significant investments in AI and other advanced technologies. Most recently, BMO became the first Canadian bank to join the IBM Quantum Network, extending its technology leadership in North America. BMO has also been recognized by Evident AI as one of the world's top 10 banks for AI innovation, received the Commercial Banking Impact Award for Artificial Intelligence and Advanced Analytics from Datos Insights, and was named one of Fast Company's Most Innovative Companies. About BMO Financial Group BMO Financial Group is the eighth largest bank in North America by assets, with total assets of $1.5 trillion as of January 31, 2026. Serving clients for 200 years and counting, BMO is a diverse team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to approximately 13 million clients across Canada, the United States, and in select markets globally. Driven by a single purpose, to Boldly Grow the Good in business and life, BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and stronger communities. SOURCE BMO Financial Group For further information: Media contact: Jeff Roman, [email protected]; Scott Doll, [email protected], (416) 867-3996

Yahoo Finance
Apr 8th, 2026
Bank of Montreal hires former CIBC executive to co-lead equity capital markets division

Bank of Montreal has appointed former CIBC executive Joe Kostandoff to co-lead its equity capital markets division. The senior hire brings over two decades of experience from a major competitor into BMO's capital markets franchise. The leadership change may signal a shift in how BMO approaches equity issuance and advisory work for corporate clients. Executive moves at this level often influence hiring plans, client coverage and risk appetite across trading desks. The appointment comes as BMO remains active across equity and debt funding, having recently issued multi-year senior unsecured and covered bonds in US dollar and eurodollar markets. The hire aligns with BMO's focus on higher-margin, fee-based businesses, as equity capital markets activity contributes to non-interest income and client engagement.