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Bank of Montreal

Runs Canadian and US banks for people and firms

Senior Business Development Manager

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

About the Job

Requirements

  • Typically, candidates have 5 to 7 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, products, and business-to-business networks.
  • In-depth presentation skills and time-management skills.
  • Proven success in business development.
  • Customer-oriented approach focused on designing and delivering a strong customer experience.
  • Proactive and collaborative approach to establishing trust and partnerships with team members.
  • Commitment to building strong internal and customer relationships.
  • Deep knowledge and technical proficiency gained through extensive education and 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 home financing sales strategies that achieve profitability objectives.
  • Generate new referral relationships and develop opportunities to grow business results.
  • Model effective sales practices and behaviors to build and improve sales capability and enhance sales performance.
  • Support delivery of regional sales programs and products to maximize client opportunities and increase referral volume and deal flow.
  • Ensure delivery of the desired customer experience meets established guidelines.
  • Act as a trusted advisor to assigned referral sources and groups.
  • Influence and negotiate to achieve business objectives.
  • Recommend and implement solutions based on analysis of issues and their business implications.
  • Assist in developing strategic plans.
  • Identify emerging issues and trends to inform decision-making.
  • Train and coach internal and external partners on program and product operational guidelines and regulatory requirements.
  • Help determine business priorities and the best sequence for executing business or group strategy.
  • Build effective relationships with internal and external stakeholders and ensure alignment between stakeholders.
  • Break down program performance metrics and analyze data and information to provide insights and recommendations.
  • Provide support for analysis, forecasting, and data visualization while ensuring adherence to data-governance standards.
  • Design and produce regular and ad hoc reports and dashboards.
  • Lead or participate in change-management activities, including readiness assessments, planning, stakeholder management, execution, evaluation, and sustainment of initiatives.
  • Provide input into the planning and implementation of operational programs.
  • Identify where performance improvement is required and work to improve or offboard partnerships.
  • Collect documentation for onboarding and approving new partnerships.
  • Negotiate pricing, underwriting, and efficient presentation of applications with brokers, builders, and program partners.
  • Identify and escalate broker or partner behavior that poses fraud, anti-money-laundering, reputational, or other risks.
  • Execute work to deliver timely, accurate, and efficient service.
  • Monitor and track referral performance and address issues.
  • Support strategic initiatives in collaboration with internal and external stakeholders.
  • Conduct independent analysis and assessment to resolve strategic issues.
  • Provide specialized consulting, analytical, and technical support.
  • Exercise judgment to identify, diagnose, and solve problems within established rules.
  • Work independently and regularly handle non-routine situations.
  • Apply BMO's Risk Management Framework and Risk Culture within approved Risk Appetite, making sound, risk-informed decisions aligned with business strategy and applicable policies, standards, procedures, laws, and regulations.
  • Perform 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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