Managing Director, Mid-market Lending Transformation Program

2 weeks ago


Toronto, Canada BMO Financial Group Full time

100 King Street West Toronto Ontario,M5X 1A1

**The Mid-Market Lending Transformation Program Managing Director** is accountable 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.
- Prepares the initiative’s business case by defining the overall scope, objectives, budget and timelines.
- Approves the budget and timelines for the Workstreams in the Program.
- Sets and maintains the Program Culture that cultivates alignment, engagement and recognition and embraces empathy and collaboration.
- 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.
- Approves relevant setup documents (e.g. Charter/Objective) for individual workstreams/projects within the Program, and is informed of the progress for each Workstream/Project.
- 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.
- Champions the initiative across BMO.
- 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.
- Concurs on leadership roles, hiring and staffing decisions within the Program.
- Prepares the agenda for the Steering Committee and Decision Forum, and chairs supporting routines that provide the stakeholders the necessary visibility and support.
- Supports the Accountable Program Director with:

- Overcoming resistance to the initiative within the organization.
- Clarifying business priorities and strategy.
- 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

**The Mid-Market Lending Transformation Program Managing Director** leads and develops all key strategic initiatives required to meet overall client experience and financial objectives. This mandate is to drive and influence the development and execution of large scale initiatives across various LOB/jurisdictions and lead strategy development in partnership with the leadership team. Results are achieved through partnering with leaders and key representatives using a consultative team base approach.
- Fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behaviors in all that they do.
- Ensures alignment between values and behavior 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.
- Leads launch of strategic initiatives, coordinating with various stakeholders and LOB representatives.
- Ensures adherence to project management best practices
- Engages and collaborates with sponsors and key stakeholders to build consensus and gain buy-in.
- 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.
- Recommends business priorities, advises on resource requirements and develops roadmap for strategic execution.
- Leads the successful implementation and execution of all approved strategic initiatives
- Provides strategic advice to LOB to ensure effective articulation of strategy and builds out the key capabilities
- Solicits Business input and aggregate strategic initiatives through partnerships with business leaders and peers
- Leads the Leadership Team through assessments to determine the internal and external opportunities, threats and challenges to determine how the analytics support the strategic initiatives.
- Develops different strategic solutions aimed at supporting high level strategy.
- Partners with leadership team to prioritize initiatives and establish game plan for executi



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