Director and Business Architect, Investment Management

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The Director & Business Architect, Investment Management provides strategic business leadership for the Portfolio Management workstream within BMO's Wealth Technology Transformation Program. The role defines and advances the future-state capabilities, target operating model, processes and technology requirements supporting BMO Wealth's full-service brokerage, self-directed brokerage and private investment counsel businesses.

Key Accountabilities

Strategic Business Architecture & Future-State Design

• Define the scope, vision and future-state architecture for the Portfolio Management workstream, including business capabilities, operating models, processes and experiences.

• Develop and maintain the business architecture roadmap, aligning strategic objectives with program priorities and delivery.

Business Transformation & Delivery

• Translate the target-state architecture into prioritized business requirements and implementation plans across the Portfolio Management workstream.

• Challenge existing approaches, introduce industry-leading practices and drive timely decisions across stakeholder groups.

• Balance transformation priorities with operational and delivery commitments.

Portfolio Management Subject-Matter Leadership

• Act as the senior business authority for portfolio-management capabilities, processes and operating models.

• Apply industry, competitive and investment-management expertise to evaluate proposed capabilities and guide business decisions.

• Ensure future-state solutions reflect portfolio-construction practices, managed-account trends and advisor and client needs.

Cross-Pod Integration & Stakeholder Leadership

• Partner with leaders across the Program and the broader organization to manage dependencies and deliver integrated end-to-end solutions.

• Coordinate across Investment Management, Technology, Operations, Compliance, Product, Client Experience and other stakeholder groups.

• Influence senior stakeholders, build consensus and resolve competing priorities.

• Lead workshops, design sessions and "Day in the Life" validation exercises.

• Translate complex information into clear recommendations and executive-level decision materials.

Governance, Risk & Regulatory Oversight

• Embed regulatory, compliance, risk, governance, audit and operational-resilience requirements in future-state design.

• Support the design of controls across Portfolio Management, Performance Measurement, Fees, IPS and Risk Assessment processes.

• Identify business risks and recommend mitigation strategies throughout design and implementation.

Qualifications

Education

• University degree in Business, Finance, Economics, Commerce or a related discipline.

• MBA, CFA Charterholder or CIM designation considered an asset.

Experience

• Minimum 10 years of progressive experience in private wealth, investment or portfolio management, business architecture, product management, consulting or business transformation.

• Firsthand experience leading a team or function responsible for end-to-end investment solutions for HNW/UHNW clients.

• Experience leading large-scale transformation or platform-modernization initiatives in a regulated, risk-sensitive environment.

• Working knowledge of wealth-management operations, including SMA/UMA centralized trading and Advisor-as-Portfolio-Manager programs.

• Experience working with technology delivery teams; familiarity with agile methods, tools and terminology is preferred.

Knowledge & Leadership Capabilities

• Deep understanding of Canadian private wealth, portfolio-management operating models, fees, performance reporting, IPS frameworks and risk-assessment methodologies.

• Strong business architecture, process-design and requirements-management capabilities.

• Ability to influence senior leaders, navigate ambiguity and drive decisions across complex stakeholder groups.

• Exceptional analytical, facilitation, communication and presentation skills.

Portfolio Management Workstream Scope

The Portfolio Management workstream encompasses the managed-account lifecycle, including discretionary and advisor-managed models, IPS management, portfolio customization, asset-allocation models, bulk trading, loose-secur