33 Dundas Street West Toronto Ontario, M5G 3C2OverviewAre you analytically inclined, digitally-savvy and motivated by the opportunity to innovate and deliver cutting edge products & solutions in Canada?At BMO, were looking to change the way Canadians bank and youll get to drive that change helping customers make real financial progress across the country. At the heart of this change in Canadian banking is product innovation, data & analytics, and superior risk management as such, were excited to offer a 2-year rotational program designed to accelerate knowledge and personal development by building solid and in-depth understanding of how our Product, Data & Analytics, Risk and Collections business segments operate and interact to deliver results.Product ManagementVisualize, develop and improve products and services that form our customer offerings and overall experience; help BMO customers make real financial progress by offering differentiated product strategies, value propositions and marketing offers.Risk ManagementShape BMOs Risk Appetite and develop lending strategies and controls to optimize returns within that Risk appetite.Data & AnalyticsUse Data & Analytics to drive insights and decision-making in partnership with the business and in pursuit of our collective strategic priorities.CollectionsEnable and transform customer experience through usage of data and analytics and modeling techniques. Enhance strategic services provided to customers through end-to-end operations functions.Our capabilities and culture have been featured in Forrester, Forbes and at MIT Product, Risk and Data & Analytics are regular topics at the BMO CEOs leadership table.The Personal and Business Banking Development ProgramThe successful candidates in the Personal and Business Banking Development Program will be part of a 2-year cohort, working alongside banking product, analytics, and risk leaders to accelerate their knowledge, understanding and skills in how BMOs largest business segment - Personal and Business Banking (P&BB) operates and interacts.Key AccountabilitiesSupport development and implementation of product strategies to drive sales of existing banking products, launch new products to market, optimize profitability and improve the customer experience.Support management of product risks to ensure compliance with legal, regulatory, and risk compliance, and reporting.Leverage strong analytical, problem-solving and communication skills to contribute value and grow a network across multiple roles and functions in Canadian Personal & Business Banking, including the Data & Analytics Centre of Excellence, Product Management, Risk Management and Collections.Help plan and deploy data & analytics solutions to improve issue understanding, generate insights and enable high-quality, fact-based decisions that drive better business outcomes.Support the development and execution of various data & analytics-related strategies and roadmaps, including data quality and data analytics, reporting, business intelligence, modeling and the design and development of decision support tools.Documents and maintain operational procedures and processes relating to analytical and reporting processes.Builds effective relationships with internal/external stakeholders.Focus is primarily on business/group within BMO; may have broader, enterprise-wide focus.Exercises judgment to identify, diagnose, and solve problems within given rules.Works independently on a range of complex tasks, which may include unique situations.Continuously improves processes to identify issues and deliver optimal customer experience.Works with partners to develop salesforce training and materials and manages change.Identifies existing and potential risks and develops risk management controls and processes.May support the sales team in development of client deals and related presentations.Develops and maintains relationships with external partners and vendors.Broader work or accountabilities may be assigned as needed.QualificationsGraduate or Undergraduate degree in Business/Commerce, Data & Analytics, Risk Management, Economics, Engineering, Finance and/or MathematicsWork experience including Coop and/or Internship placements Highly RecommendedTechnical proficiency gained through business and work experience Highly RecommendedKnowledge and experience in data preparation and data analysis StrongFamiliar with one or more industry leading data and analytics tool sets including, but not limited to MS Power BI, TIBCO BPM, Spotfire, Tableau, SQL, SAS, R, Python, MATLAB, SPSS GoodBuilding business cases GoodResearching market trends GoodVerbal & written communication skills In-depthCollaboration & team skills In-depthAnalytical and problem-solving skills, data driven decision making In-depthInfluence skills - In-depthSalary$56,000.00 - $103,500.00Pay TypeSalariedThe above represents BMO Financial Groups 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 Groups expected target for the first year in this position.BMO Financial Groups 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: UsAt 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. Well 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, well help you gain valuable experience, and broaden your skillset.To find out more visit us at is committed to an inclusive, equitable and accessible workplace. By learning from each others 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. #J-18808-Ljbffr
Job Title
Personal & Business Banking Development Program (New Graduate)