Manager, Policy Strategy, Emerging Channel

Posted 3 Hours Ago
Be an Early Applicant
Canada
5-7 Years Experience
Financial Services
The Role
Support BMO's new broker channel policy initiatives by clarifying policies, supporting strategic initiatives, managing policy changes, and providing reporting support. Requires 5-7 years of relevant experience and a post-secondary degree in a related field. Strong knowledge of policy, consumer lending, credit risk, banking product management, and regulatory requirements is essential. Excellent communication, collaboration, problem-solving, and analytical skills are required.
Summary Generated by Built In

Application Deadline:

09/22/2024

Address:

33 Dundas Street West

Job Family Group:

Customer Solutions

Supporting BMO new broker channel related policy initiatives, including but not limited to:1. Policy clarification: Day to day vendor management to clarify policy discrepancies, investigate transactions and ensure vendor is following BMO Policy.2. Policy strategic initiatives: support strategic initiatives via competitive analysis and research, policy and risk proposal to ensure broker channel policy continue to stay competitive in the market.2. Process and change management: work with internal and external stakeholders to complete policy changes, communications, updates for both lender policy and handbook. Ensure policy at broker channel is always updated timely with accuracy.3. Reporting: Support senior manager on weekly and monthly basis for policy related item reporting. Data -driven mind set is highly appreciated.Broader work or accountabilities may be assigned as needed.Qualifications:

  • Typically between 5 - 7 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
  • Strong policy, consumer lending, credit risk knowledge of Home Financing product.
  • Strong knowledge of banking product management and associated industry and regulatory requirements.
  • Relationship management – In-depth
  • Verbal & written communication skills - In-depth.
  • Collaboration & team skills - In-depth.
  • Analytical and problem solving skills - In-depth. Proficient in excel and other office software.
  • Influence skills - In-depth.

Salary:

$68,000.00 - $126,000.00

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

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.

Top Skills

Excel
The Company
HQ: Toronto, Ontario
51,885 Employees
On-site Workplace

What We Do

At BMO, banking is our personal commitment to helping people at every stage of their financial lives.

The truth is, people’s needs change: so we change too. But we never change who we are. Which means we’ll never waiver from providing our customers the best possible banking experience in the industry.

Our incredible team of over 46,000 people is just the tip of the iceberg. You should get to know us. We’re here to help.

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