Senior Manager, Strategic Initiatives

Application Deadline:

04/17/2025

Address:
100 King Street West

Job Family Group:

Strategy & Change

As a Senior Manager, Strategic Initiatives (located within the team in the Office of the Chief Operating Officer) you will play a critical role in shaping and driving efficiencies across BMO's Enterprise Risk function. This is not a traditional BAU role, you won't just manage processes; you'll help reimagine them. You'll work across various risk domains, identifying opportunities to enhance technology, processes, and people strategies to drive effectiveness and operational excellence.

What You'll Do:
- Lead and execute strategic initiatives that optimize risk management processes across BMO.
- Collaborate with senior stakeholders, including executives and business leaders, to develop and implement impactful recommendations.
- Conduct deep-dive analysis, develop business cases, and craft compelling presentations using storytelling techniques to communicate complex ideas effectively.
- Engage in both strategy formulation and hands-on execution, ensuring initiatives drive real business impact.
- Mentor and collaborate with team members, contributing to a culture of continuous learning and improvement.

Who You Are:
- 6-7 years of experience in strategy, transformation, or consulting, preferably within risk management or financial services.
- Comfortable with ambiguity and adept at breaking down complex problems into actionable solutions.
- Exceptional communicator with strong storytelling and presentation skills, including PowerPoint; able to translate technical or complex ideas into clear, compelling narratives.
- A proactive self-starter who brings thought leadership to the table rather than waiting for direction.
- Experience in management consulting or an MBA with prior work experience is highly valued.

- A hands-on, roll-up-your-sleeves attitude-we're looking for doers, not just advisors.

This role is in Toronto. Work arrangement is hybrid with at least 2 days a week in-office collaboration required.

If you're looking for your next dream job, consider this one in BMO's Enterprise Risk Group where every colleague helps protect and grow the bank by providing independent review and oversight of enterprise-wide risks, working together to maintain a risk management framework and fostering a strong risk culture. #ERPMDreamJobs

Provides subject matter expertise on high visibility initiatives in the design, development, management and implementation of assigned projects from business case development through execution. Works across BMO to deliver specific project/program business results in alignment with overall group goals.

• Apply business strategy, value architecture, and operating model expertise to drive strategic and operational transformation.
• Develop strategic plans, prioritize initiatives, allocate resources, and sequence execution.
• Monitor emerging trends, competitive landscape, and risks to inform decision-making.
• Identify key enablers and risks, addressing issues proactively during implementation.
• Support the execution of strategic initiatives and operational programs in collaboration with stakeholders.
• Build and maintain strong relationships to ensure alignment across internal and external stakeholders.
• Track performance, address issues, and develop action plans to drive outcomes.
• Apply creative problem-solving and expertise to complex, non-routine challenges.
• Foster a culture aligned with BMO's purpose, values, and strategic goals.
• Build cross-functional teams to maximize value creation.
• Provide strategic insights and recommendations to senior leaders based on market conditions and business needs.
• Conduct analysis to inform strategic decisions, ensuring alignment with enterprise goals.
• Collaborate with stakeholders on program design, development, and implementation.
• Gather competitive insights and best practices through industry networking.
• Break down strategic problems, analyze data, and deliver actionable insights.
• Develop and execute change management plans, including readiness assessments, stakeholder engagement, and sustainment.
• Act as a subject matter expert on relevant regulations and policies.
• Develop business cases, assess ROI, and recommend priorities for strategic execution.
• Lead execution of strategic initiatives and operational programs, adapting as needed to ensure quality outcomes.
• Keep stakeholders informed on decisions, progress, and strategic recommendations.
• Define business requirements for analytics and reporting to enhance data-driven decision-making.
• Qualifications:
• Typically 5+ years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
• Seasoned professional with a combination of education, experience and industry knowledge.
• Comfortable with ambiguity
• Verbal & written communication skills - In-depth / Expert.
• Analytical and problem solving skills - In-depth / Expert.
• Influence skills - In-depth / Expert.
• Collaboration & team skills; with a focus on cross-group collaboration - In-depth / Expert.
• Able to manage ambiguity.
• Data driven decision making - In-depth / Expert.

Salary :

$92,400.00 - $171,600.00

Pay Type:

Salaried

The above represents BMO Financial Group's pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group's expected target for the first year in this position.

BMO Financial Group's total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards

About Us

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one - for yourself and our customers. We'll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we'll help you gain valuable experience, and broaden your skillset.

To find out more visit us at https://jobs.bmo.com/ca/en .

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other's differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.