Snr LFO, Cdn Commercial

2 weeks ago


Toronto, Canada BMO Full time
Application Deadline:

04/26/2024

Address:
33 Dundas Street West

In this people leader role, you will have the opportunity to support and work with one of the most important businesses in BMO, Commercial. NA Commercial is a big focus within the bank. In this role, you will build important driver-based models which will support half of the banks net income. We are building something new and high-profile, and you will have the opportunity to put your stamp on this. Our ideal candidate is someone with ideas and strong thought leadership.

Supports the management of the business/group, providing advice and service on financial management activities in alignment with Group/enterprise goals and governance standards. Acts as a financial centre of competence and strategic partner for the business/group supporting short, medium and long term objectives; provides decision support, including information, expertise, advice and recommendations on opportunities and exposures. Monitors performance against financial plans, forecasts, initiatives and objectives, escalating issues as required.
  • 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 strategic initiatives to deliver on business and financial goals.
  • Recommends business priorities, advises on resource requirements and develops roadmap for strategic execution.
  • Develops new connections and builds deeper networks that create cross-team interactions.
  • Works with stakeholders to establish priorities.
  • Manages resources and leads the execution of strategic initiatives to deliver on business and financial goals.
  • Owns internal/external stakeholder relationships, which may include regulators.
  • Oversees the process to coordinate & analyze the financial and operational highlights of the business for reporting, planning and forecasting requirements.
  • Leads change management programs of varying scope and type, including readiness assessments, planning, execution, evaluation and sustainment of initiatives.
  • Acts as a trusted advisor to assigned business/group; assesses the financial performance and condition of the business.
  • Influences and negotiates to achieve business objectives; ensures solutions are aligned with business and enterprise goals.
  • Recommends and implements financial management solutions based on analysis of issues and implications for the business.
  • Works with the business to align key performance indicators with financial forecasts/plans and initiatives.
  • Assists in the development of strategic plans; assessment of opportunities; determines the financial impact of initiatives/strategic decisions.
  • Identifies emerging issues and trends to inform decision-making.
  • Breaks down strategic problems, and analyses data and information to provide Financial-related insights and recommendations.
  • Builds effective relationships with internal/external stakeholders.
  • Acts as liaison between stakeholders in order to align agendas and ensure a clear understanding of the business context.
  • Supports development and execution of strategic initiatives in collaboration with internal and external stakeholders.
  • Monitors and tracks financial performance, and addresses any issues.
  • Manages the coordination & analysis of financial and operational highlights of the business; works with others service teams to deliver reporting, planning and forecasting requirements.
  • Co-ordinates financial governance, compliance and attestation reporting as necessary.
  • Reviews financial information for reasonableness and highlights/escalates areas of interest or concern.
  • Executes work to deliver timely, accurate, and efficient service.
  • Builds change management plans of varying scope and type; leads or participates in a variety of change management activities including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives.
  • 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.
  • Accounting designation preferred.
  • 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.

Grade:
9
Job Category:
People Manager / Gestionnaire
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.

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.

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