Director, Transformation Program Management

Address:

Reporting to the Head, Finance PMO, this role would have bank-wide impact through managing the Finance Rotation Program, management of the PMO quarterly QA/Attestation Process and the partnering with key Finance stakeholders o critical transformation initiatives.

Develops detailed financial and economic analysis to assist the designated business portfolio with decision support. Works closely with business leaders and Finance partners to provide financial advice and service that supports the financial management activities of the Group/portfolio. Supports the monitoring and management of financial performance against plans, forecasts, initiatives and objectives. Generates information and insights that support key business decisions to drive value (e.g., revenue growth, cost management, resource allocation, balance sheet optimization, etc.)

• Lead the Finance Rotational Program, managing 16 – 20 rotational cohort members, actively recruiting new cohort members, development plan for cohort members, planning rotation activities and future placements, collaborating with the key stakeholders of the Program as the single point of accountability for the success of the Rotational Program, and provide timely updates to the Global CFO on the Rotational Program

• Prepare materials for various BMO Board and Steering Committees (e.g., ACRC) and make presentations as necessary

• Work with the Enterprise CFO’s direct reports to perform periodic skill gap assessments and develop Strategic Learning Plans for the Enterprise Finance teams

• Design, and execute the Finance PMO’s quarterly Quality Assurance program leading to the PMRO’s quarterly attestation to the 2nd line Project and Change Management Risk function.

• Managing two direct reports in partnership with Corporate Communications in developing and disseminating Finance Transformation communication to the broader Finance stakeholder group (1,500+ audience)

• Work with Strategic Sourcing on contract evaluation and strategic decisions on resourcing for the Finance Transformation Program

• Fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behaviours in all that they do.

• Ensures alignment between values and behaviour 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.

• Acts as a trusted advisor to senior leaders for making business decisions and implementing strategic initiatives.

• Develops an expert understanding of business/group challenges.

• Networks with industry contacts to gather competitive insights and best practices.

• Recommends measures to improve organizational effectiveness.

• May consult to or serve on various committees and task forces.

• Manages resources and leads the execution of accounting, risk and regulatory related strategic initiatives to deliver on business and financial goals.

• Owns internal/external stakeholder relationships, which may include regulators.

• Defines business requirements for analytics & reporting to ensure data insights inform business decision making.

• Designs and produces regular and ad-hoc reports, and dashboards.

• Leads the execution of operational programs; assesses and adapts as needed to ensure quality of execution.

• Assesses and adapts financial management service delivery; develops new capabilities to ensure ongoing success.

• Supports/Leads financial planning, forecasting and performance reviews that utilize plan, forecast and actual financial information to develop annual plans and targets.

• Performs variance analyses, and ad-hoc forward-looking analyses to improve understanding of business drivers as well as opportunities to improve performance for product improvement, profit improvement, financial impact of initiatives/strategic business decisions.

• Supports the development of methodologies and policies to enable analyses and insights focused on financial dimensions (e.g., revenue, expense, balance sheet, capital, etc.).

• Determines the financial impact of initiatives/ strategic business decisions, and incorporate the impacts into future financial forecasts/plans.

• Assesses reasonableness of business cases and performs due-diligence during Investment reviews and approvals processes.

• Works with the business to align key performance indicators with financial forecasts and plans.

• Breaks down strategic problems, and analyses data and information to provide financial insights and recommendations.

• Employs systems (e.g. customized exception reports, tracking reports etc.) to manage information.

• Integrates information from multiple sources (e.g. financial and operational systems) to enable more efficient processes, enhanced analysis and/or streamlined reporting.

• Monitors and tracks performance, and addresses any issues.

• Acts as a trusted financial advisor to assigned business/group.

• Influences and negotiates to achieve business objectives.

• Recommends and implements solutions based on analysis of issues and implications for the business.

• Assists in the development of strategic plans.

• Identifies emerging issues and trends to inform decision-making e.g., economics, treasury, competitor information.

• Operates at a group/enterprise-wide level and serves as a senior specialist resource across BMO.

• Influences how teams/groups work together.

• Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to multiple, interdependent, complex problems.

• Communicates abstract concepts in simple terms.

• Fosters strong internal and external networks and works with and across multiple teams to achieve business objectives.

• Anticipates trends and responds by implementing appropriate changes.

• Broader work or accountabilities may be assigned as needed.

  Qualifications:

• Typically 9+ years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.

• Seasoned expert with extensive industry knowledge.

• Technical leader viewed as a thought leader for innovation.

• Verbal & written communication skills - Expert.

• Analytical and problem solving skills - Expert.

• Influence skills - Expert.

• Collaboration & team skills; with a focus on cross-group collaboration - Expert.

• Able to manage ambiguity.

• Data driven decision making - Expert.

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

We’re here to help

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.