Strategic Initiatives Manager

4 days ago

Chicago, Illinois, United States BMO Financial Group Full time

Job Summary:

We are seeking a highly skilled Strategic Initiatives Manager to join our team at BMO Financial Group. As a key member of our organization, you will be responsible for providing expertise in the design, development, management, and implementation of assigned strategic initiatives from business case development through to execution.

Key Responsibilities:

  • Develop business goals and key performance metrics to support initiative/program monitoring and enable insights.
  • Work across BMO to deliver specific initiative/program results in alignment with overall group goals.
  • Provide strategic input into business decisions as a trusted advisor.
  • Make recommendations to senior leaders on strategy and new initiatives, based on an in-depth understanding of the business/group.
  • Act as a subject matter expert on relevant regulations and policies.
  • Network with industry contacts to gain competitive insights and best practices.
  • Influence and negotiate to achieve business objectives.
  • Identify emerging issues and trends to inform decision-making.
  • Develop the business case by identifying needs, analyzing potential options, and assessing expected return on investment.
  • Recommend business priorities, advise on resource requirements, and develop a roadmap for strategic execution.
  • Lead the execution of initiatives/programs; assess and adapt as needed to ensure quality of execution.
  • Act as the prime subject matter expert for internal/external stakeholders.
  • Define business requirements for analytics & reporting to ensure data insights inform business decision-making.
  • Lead change management programs of varying scope and type, including readiness assessments, planning, stakeholder management, execution, evaluation, and sustainment of initiatives.
  • Direct the planning & implementation of operational programs for an assigned risk portfolio/strategy and execute within required service level agreements and standards.
  • Act as a relationship manager on assigned projects/programs.
  • Build effective relationships with internal/external stakeholders.
  • Ensure alignment between stakeholders.
  • Break down strategic problems and analyze data and information to provide insights and recommendations.
  • Employ systems (e.g., customized exception reports, tracking reports, etc.) to manage information.
  • Integrate information from multiple sources to enable more efficient processes, enhanced analysis, and/or streamlined reporting.
  • Monitor and track performance and address any issues.
  • Design and produce regular and ad-hoc reports and dashboards.
  • Provide input into the planning and implementation of strategic programs.
  • Review the program for effectiveness, consider industry trends, and recommend enhancements; make changes as required.
  • Operate at a group/enterprise-wide level and serve as a specialist resource to senior leaders and stakeholders.
  • Apply expertise and think creatively to address unique or ambiguous situations and find solutions to problems that can be complex and non-routine.
  • Implement changes in response to shifting trends.

Qualifications:

  • Typically 7 years of relevant experience and post-secondary degree in a related field of study or an equivalent combination of education and experience.
  • In-depth/expert knowledge of risk management, audit, compliance, governance, and/or project management is preferred.
  • In-depth/expert knowledge of the business and regulatory environment and understanding of risk issues/trends and best practices.
  • In-depth/expert communication and relationship management skills.
  • Ability to manage multiple priorities with effective planning and organizing skills.
  • 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.

Salary:

$100, $185,500.00

Pay Type:

Salaried

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 the 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:

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