Executive Director of Market Strategy

2 weeks ago

Old Toronto, Ontario, Canada BMO Financial Group Full time

About the Role:

The Mid-Market Transformation Program Accountable Executive is responsible for the successful delivery of the Program, based on the Business Case/OKRs/KPIs and alignment to the strategic direction provided by the Co-Sponsors.

  • Establishes an appropriate governance structure and obtains approval of the Co-Sponsors.
  • Provides direction and oversight to ensure successful delivery of the initiative objectives, including benefits realization.
  • Approves all mandatory Program Management artifacts (e.g. charter, governance, management plan) as per the EPMO's requirements.
  • Holds Accountable Workstream/Project Leads and other senior stakeholders accountable for realizing the benefits defined in the Business Case/OKRs/KPIs and providing high performing subject matter experts to support their respective Workstreams/Projects.
  • Understands and monitors the risk profile of the Program/Projects including risks associated with delivery, change management, benefits realization, etc. in comparison with the Enterprise Project Management risk appetite thresholds; and is accountable for ensuring that all issues and key risks are addressed.
  • Monitors the aggregated progress of Workstreams and Projects.
  • Manages executive-level stakeholder expectations.
  • Escalates issues and risks to Executive Sponsors when time/cost/scope objectives are to be exceeded.
  • Updates regularly and requests approvals, as applicable, from the Executive Sponsors.
  • Resolving / providing advice on escalated risks and issues.
  • Establishing and maintaining an effective Program control environment to monitor and mitigate Program/Project Management Execution Risk, in support of the quarterly Commercial Bank PMRO attestation regarding the state of the PM controls environment.

Key Responsibilities:

  • Ensures alignment between values and behaviour that fosters diversity and inclusion.
  • Improves team performance, recognizes and rewards performance, coaches employees, supports their development, and manages poor performance.
  • Ensures adherence to project management best practices.
  • Networks with industry contacts to gather competitive insights and best practices.
  • Leads the successful implementation and execution of all approved strategic initiatives.
  • Partners with leadership team to prioritize initiatives and establish game plan for execution.
  • Leads the development and execution of competitive intelligence capability within the business.
  • Defines business requirements for analytics and reporting to ensure data insights inform business decision making.
  • Develops and applies the framework for databases; oversees database management in adherence with data governance standards.
  • Monitors and tracks performance, and addresses any issues.
  • Oversees the design, development, and implementation of tools and training required to deliver business results.
  • Ensures compliance with all enterprise governance processes and practices.
  • Ensures the sales pipeline strategy meets the needs of the various internal and external stakeholders.
  • Creates a detailed sales pipeline strategy for the accurate assessment of pipeline health and potential.
  • Collaborates with client implementation and service teams, develops, refines, and supports a reporting strategy to set standards for new client onboarding and service.
  • Operates at a group/enterprise-wide level and serves as a senior specialist resource across BMO.
  • Fosters strong internal and external networks and works with and across multiple teams to achieve business objectives.

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