Full-Time

Bank Manager

Posted on 7/4/2026

Deadline 8/31/26
Bank of Montreal

Bank of Montreal

10,001+ employees

Personal, business banking and capital markets

Compensation Overview

$57.5k - $106.5k/yr

+ Commission structure + Performance-based incentives + Discretionary bonuses

Northbrook, IL, USA

Remote

Bachelor's

Category
Business & Strategy (1)
Required Skills
Sales
Risk Management
Customer Service
Data Analysis

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Requirements
  • Typically between 4 and 6 years of relevant experience and a post-secondary degree in a related field, or an equivalent combination of education and experience.
  • In-depth knowledge of retail banking products and services.
  • Advanced knowledge of the competitive marketplace and trends in product offerings.
  • Working knowledge of branch operational processes and policies.
  • Working knowledge of branch technologies, processes, and performance metrics.
  • Working knowledge of applicable regulations, audit standards, and related policies, procedures, and directives.
  • 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.
  • Federal registration with the Nationwide Mortgage Licensing System and Registry is required for consumer-loan origination in the United States.
  • A criminal background review and credit history evaluation are required.
  • The employee must comply with restrictions on performing in a real estate agent capacity.
Responsibilities
  • Guide, direct, and coach employees to deliver exceptional service to customers and prospects.
  • Advise customers on products and strategies that meet their financial objectives.
  • Identify and make referrals to other business groups.
  • Support sales and customer-service activities to meet customer-experience and profitability goals in compliance with legal, regulatory, and bank requirements.
  • Foster a culture aligned with the organization's purpose, values, and strategy.
  • Build interdependent teams that collaborate across functional and operating groups.
  • Attract, retain, and enable the career development of top talent.
  • Improve team performance, recognize and reward performance, coach employees, support their development, and manage poor performance.
  • Develop and execute a branch business plan to maximize business growth and wallet share and achieve customer retention and acquisition objectives.
  • Conduct sales calls, establish a personal referral network, and perform other business-development activities.
  • Understand customers' personal-banking and credit-card needs and integrate marketing promotions and programs into customer conversations to provide strategic advice.
  • Conduct cold calls to prospective customers to develop new customer relationships.
  • Develop and maintain a community network to enhance the bank's visibility and build referral sources for potential business.
  • Support the bank's community involvement and participate in community activities.
  • Maintain high-touch relationships with key branch customers and prospects within the market.
  • Resolve customer-related issues using knowledge of bank services, products, and processes.
  • Fulfill sales and service activities for customers in accordance with approved procedures.
  • Influence and negotiate to achieve business objectives.
  • Identify emerging issues and trends to inform decision-making.
  • Implement, review, and revise work plans.
  • Help determine business priorities and the best sequence for executing business or group strategy.
  • Conduct independent analysis and assessment to resolve strategic issues.
  • Ensure alignment among stakeholders.
  • Establish relationships with business partners to maintain knowledge of interdependent systems and related policies and procedures.
  • Monitor sales and service performance against plan, identify gaps and issues, develop best practices, and implement action plans to close performance gaps.
  • Analyze strategic problems and data to provide insights and recommendations.
  • Communicate goals, plans, and assignments to achieve financial and customer-service goals.
  • Lead the implementation of new programs, products, and processes within the branch.
  • Coordinate implementation of national and regional sales and service initiatives.
  • Monitor service-request and problem-resolution processes for adherence to national standards.
  • Provide technical training and support to branch employees and recommend improvements.
  • Plan and control unit operating expenses in accordance with forecasts.
  • Manage transactional outcomes for customer calls or defer to appropriate internal business groups.
  • Resolve complex or unresolved customer situations or escalate them to the next higher manager.
  • Maintain current knowledge of personal banking and credit-card industries, practices, and trends and integrate that knowledge into customer conversations.
  • Build effective relationships with internal and external stakeholders.
  • Maintain confidentiality of customer and bank information.
  • Identify and report suspicious activity patterns related to money laundering.
  • Comply with all legal and regulatory requirements for the jurisdiction.
  • Apply the Risk Management Framework and make sound, risk-informed decisions that protect assets and align with business strategy, approved risk appetite, policies, standards, procedures, laws, and regulations.
Desired Qualifications
  • Previous supervisory or management experience.

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

  • Q2 2026 net income rose 34% to $2.63 billion, with ROE reaching 13.0%.
  • March 26, 2026 investor day targeted above 15% ROE by 2028.
  • May 2026 Burgundy acquisition lifted Wealth Management, while Stonepeak sale sharpened focus.

What critics are saying

  • FCAC fined BMO $4 million on February 2, 2026 for 101,091 customer overcharges.
  • SEC settled a $40.7 million BMO Capital Markets bond-misrepresentation case in January 2025.
  • BMO recorded $202 million severance charges in Q1 2026, signaling continuing job cuts.

What makes Bank of Montreal unique

  • BMO unifies Canadian and U.S. banking on one North American platform.
  • Capital Markets and Wealth Management diversify earnings beyond spread-dependent lending.
  • April 2026 OLBB rollout strengthens BMO's SME proposition across Canada and the U.S.

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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

Cannabis Business Times
Aug 7th, 2026
Vireo Growth secures $65M credit facility, expandable to $105M

Vireo Growth Inc., a vertically integrated cannabis company, announced a $65 million senior secured asset-based revolving credit facility through certain indirect non-cannabis subsidiaries. The facility can expand to $85 million and further to $105 million via a $20 million accordion feature. Bank of Montreal leads the five-year facility as administrative agent, with BMO Capital Markets as arranger and bookrunner. Borrowings carry interest at Term SOFR plus 1.75% to 2%, or base rate plus 0.75% to 1%, depending on average availability. The company will use proceeds to refinance existing debt, fund working capital and capital expenditures, and finance permitted acquisitions. The facility is secured by substantially all assets of participating non-cannabis subsidiaries.

Pulse 2.0
Aug 7th, 2026
Charles River Associates expands credit facility to $400M with six-bank syndicate

Charles River Associates has expanded its credit facility to $400 million through a six-bank lending syndicate. The five-year agreement includes a $75 million term loan and a $325 million revolving credit facility, replacing a previous $300 million facility set to mature in August 2027. The revolving facility can be reduced to $250 million between 16 July and 15 January each year when working-capital requirements are lower. CRA will use proceeds to repay outstanding borrowings, support working capital, fund growth investments, and cover general corporate purposes. The lending group includes Bank of America, Citizens Financial Group, Eastern Bank, and Beacon Bank & Trust, with BMO and M&T Bank joining as new lenders. The expanded facility provides additional liquidity as the consulting firm invests in its global economic, financial, and management advisory operations.

Newswire
Aug 5th, 2026
High Tide closes $29M credit facilities with BMO to cut costs and boost flexibility

High Tide Inc. has closed C$40 million in senior secured credit facilities with Bank of Montreal, increasing financial flexibility and lowering capital costs. The facilities comprise a C$25 million revolving credit facility with a three-year term and a C$15 million delayed-draw term loan. The company used C$6 million from the revolving facility to repay its existing loan with ConnectFirst Credit Union. The remaining funds will support working capital, acquisitions, and investments. The delayed-draw term loan is intended to refinance High Tide's existing C$15 million second-lien debentures. High Tide operates Canna Cabana, Canada's largest cannabis retail chain with 229 domestic locations and one international store. The facilities are secured by substantially all company assets and subject to customary covenants.

ConnectCRE
Jul 28th, 2026
Peakhill secures $350M credit facility to expand multi-family lending across Canada

Peakhill Capital has secured a $350 million credit facility for its flagship Peakhill Income Opportunity LP to finance multi-family housing projects across Canada. The facility was arranged by Bank of Montreal, Toronto-Dominion Bank, and National Bank of Canada as co-lead arrangers, with three additional banking partners participating. The financing will allow the fund to grow its lending portfolio to more than $1.2 billion nationwide. Peakhill will continue focusing on bridge financing for multi-family projects transitioning to Canada Mortgage and Housing Corporation financing, as well as CMHC-insured construction loans. The fund's portfolio currently includes more than 230 mortgage investments across Canada. Toronto-based Peakhill manages a servicing portfolio exceeding $17 billion and has financed more than $4 billion across 600 transactions year-to-date.

BMO Capital Markets
Jul 23rd, 2026
BMO Completes Acquisition of Bank of the West

TORONTO and CHICAGO, Feb. 1, 2023 /CNW/ - BMO Financial Group (TSX: BMO) (NYSE: BMO), and its subsidiaries BMO Financial Corp. and BMO Harris Bank N.A. (together, "BMO"), announced today it has completed the acquisition of Bank of the West from BNP Paribas (XPAR: BNP).

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