Vice President / Director, Corporate Banking, Treasury & Payment Solutions (Power, Utilities & Infrastructure)

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Vice President / Director, Corporate Banking, Treasury & Payment Solutions (Power, Utilities & Infrastructure)

senior · Corporate Finance

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BMO Capital Markets is a leading, full-service financial services provider. We offer corporate and investment banking, treasury management, as well as research and advisory services to clients around the world. #bmocapitalmarkets

This role may be filled at either the Vice President or Director level, depending on the successful candidate's experience, qualifications, and demonstrated expertise. The responsibilities outlined below are representative of the role and may vary based on level.

The successful candidate will oversee BMO Capital Markets Power, Utilities & Infrastructure portfolio across both Canada and the United States, serving as a key partner to clients and internal stakeholders throughout North America. Given the cross-border nature of the portfolio, the role will require frequent travel to support client coverage, relationship development, and business growth initiatives.

Provides treasury products solutions, advice and expertise tailored to the specific needs of corporate, institutional, and government clients across the globe to manage their cash-flow and capital. Includes access to information, streamlined receivables and payables process, optimizing investments and deposits, correspondent banking, interest rate derivatives, corporate card and spend solutions.

• Uses expertise in financial markets to cultivate relationships with new and existing clients and develop new client relationships.

• Delivers reliable activities in instituting cross-selling initiatives to clients across all areas of the firm and transitioning them into sales.

• Provides deal structuring expertise and additional expertise as knowledge base and needs dictate.

• Negotiates transactions with clients on highly complex matters.

• Identifies issues, gaps and process improvements through open communication both internally and with other bank areas, and through the monitoring of productivity against benchmarks.

• Grows/elevates the BMO and BMO Capital Market brand with a commitment to and presence in the community.

• Participates in industry forums and conferences to keep apprised of all industry trends, competitive insights, products and services.

• Develops and maintains strong client relationships at all levels.

• Interprets client strategy, anticipates changes in client needs and provides strategic/creative solutions.

• Recognizes opportunities to cross-sell and to grow share of clients' wallet.

• Develops and/or facilitates development of client-focused solutions based on financial expertise, organizational, technical, regulatory and environmental client awareness.

• Distills market and internal data to negotiate solutions, terms and conditions with clients / internal counterparts.

• Acts timely, efficiently and independently, taking ownership of client satisfaction.

• Serves as a daily escalation resource to ensure client expectations are met or exceeded.

• Identifies and delivers on opportunities to improve the client experience; brings in partners where appropriate; delivers a full BMO experience.

• Provides strategic input into business decisions as a trusted advisor.

• Makes recommendations to senior leaders on strategy and new initiatives, based on an in-depth understanding of the business/group.

• Acts as a subject matter expert on relevant regulations and policies.

• Manages resources and leads the execution of strategic initiatives to deliver on business and financial goals.

• Develops and leverages relationships across LOBs, with executive and external clients to foster and support coordination.

• Ensures alignment between stakeholders.

• Acts as the prime subject matter expert for internal/external stakeholders.

• Analyzes financial and related data to determine the needs of the client for proper structuring of the Bank's products and services.

• Applies appropriate technical concepts and completes/leads consistent and reliable technical and financial reports/analyses to support client deliverables.

• Breaks down strategic problems, and analyses data and information to provide insights and recommendations.

• Monitors and tracks performance, and addresses any issues as per policies and procedures.

• Defines business requirements for analytics & reporting to ensure data insights inform business decision making.

• Leads in defining the communication plan designed to positively influence or change behaviour; develops tailored messaging; and identifies appropriate distribution channels.

• Identifies and acts on the delivery of meaningful revenue, cost reduction or capital optimization opportunities.

• Makes decisions based on a strong understanding of risks effectively evaluates risk-return trade-offs, and proactively takes accountability for risks assumed.

• Considers risk, internal controls and compliance as part of day-to-day accountabilities and adheres to policies and procedures.

• Reviews the program for effectiveness, considers industry trends and recommends enhancements; makes changes as required.

• Reviews and guides work of team members to deliver business results.

• Achieves sales and other targets established by business plans.

• Optimizes opportunities through deal teams and sales calls, maximizing business success.

• Considers risk, internal controls and compliance as part of day-to-day accountabilities and adheres to policies and procedures.

• Continuously assesses and improves the work processes for sales and service management, risk management and compliance within prescribed limits to maximize effectiveness and efficiency.

• Influences the strategic direction of the line of business. Collaborates in initiative development and implementation of business, technology, sales and service, channel and product optimization and enhanced customer experience.

• Operates at a group/enterprise-wide level and serves as a specialist resource to senior leaders and stakeholders.

• Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to problems that can be complex and non-routine.

• Implements changes in response to shifting trends.

• Broader work or accountabilities may be assigned as needed.

• Take measured risks while protecting the bank by applying our Risk Management Framework in the execution of your role, in line with our Risk Culture and within our approved Risk Appetite, making sound and risk informed decisions that align to business strategy, protect assets, and adhere to applicable policy documents (Frameworks, Policies, Standards, Procedures and Supporting documents), laws and regulations.

Qualifications:

• Typically 7+ years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.

• Deal execution and/or project management skills - ability to manage more than one client / major initiative - Expert.

• Market and product knowledge to enable the comprehensive servicing of clients and the effective development of new solutions - Expert.

• Seasoned professional with a combination of education, experience and industry knowledge.

• Verbal & written communication skills - In-depth / Expert.

• Analytical and problem solving skills - In-depth / Expert.

• Influence skills - In-depth / Expert.

• Collaboration & team skills; with a focus on cross-group collaboration - In-depth / Expert.

• Able to manage ambiguity.

• Data driven decision making - In-depth / Expert.

Hybrid Work Arrangement: This is a hybrid role requiring a minimum of four (4) days per week in the office. Candidates should be comfortable working regularly from our New York / Chicago office.

Salary:
 

The salary range for the Vice President level is $135,000 to $160,000 USD (subject to the candidate meeting the specific skills, experience, education, and qualification requirements).
 

The salary range for the Director level is $175,000 to $215,000 USD (subject to the candidate meeting the specific skills, experience, education, and qualification requirements).

Salary:

Pay Type:

The above represents BMO Financial Group’s 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 Group’s expected target for the first year in this position.

BMO Financial Group’s 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: https://jobs.bmo.com/global/en/Total-Rewards

About Us

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.

To find out more visit us at http://jobs.bmo.com/us/en

BMO is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristics. We also consider applicants with criminal histories, consistent with applicable federal, state and local law.

BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to BMOCareers.Support@bmo.com and let us know the nature of your request and your contact information.

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.