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Director, Lending, U.S. P&BB image - Rise Careers
Job details

Director, Lending, U.S. P&BB

Application Deadline:

04/21/2025

Address:

320 S Canal Street

Job Family Group:

Finance & Accounting

Provides expertise in the design, development, management and implementation of assigned projects from business case development through to execution. Ensures integration of initiatives into ongoing programs. Works across BMO to deliver specific project/program results in alignment with overall group goals.

  • 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.
  • Provides coaching on complex strategic & business issues and facilitates processes to reach effective resolution.
  • Develops the business case by identifying needs, analysing potential options and assessing expected return on investment.
  • Recommends business priorities, advises on resource requirements and develops roadmap for strategic execution.
  • Provides coaching on complex strategic & business issues and facilitates processes to reach effective resolution.
  • Defines business requirements for analytics & reporting to ensure data insights inform business decision making.
  • Provides coaching on complex strategic & business issues and facilitates processes to reach effective resolution.
  • Leads change management programs of varying scope and type, including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives.
  • Leads the development of the communication strategy focusing on positively influencing or changing behaviour.
  • Collaborates across BMO to develop communications strategies and ensure consistency of messaging, in order to positively influence or change behaviour.
  • Assesses and adapts existing operational programs; develops new capabilities to ensure ongoing success.
  • Acts as a relationship manager on assigned projects/programs and ensures alignment to overall enterprise and group goals.
  • Participates in project/program design and provides advice & subject matter expertise to achieve required business results.
  • Conducts analysis required to inform strategic recommendations and considers the “big picture” when assessing whether or not a course of action is advisable in terms of the group and enterprise goals.
  • May network with industry contacts to gather and identify competitive insights and best practices.
  • Breaks down strategic problems, and analyses data and information to provide Finance/program-specific insights and recommendations.
  • Monitors and tracks performance and addresses any issues.
  • Participates in implementation of strategic initiatives within group and across BMO by partnering with various internal & external stakeholders as required; complexity of initiatives may vary and usually involve multiple stakeholders across the enterprise.
  • Identifies enablers and key issues prior to and during implementation, raises issues with stakeholders and offers solutions to resolve issues or risks that jeopardize delivery.
  • Executes work to deliver timely, accurate, and efficient service.
  • 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.
  • Subject matter expertise in Finance / business domain - Expert
  • 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.

Salary:

$128,000.00 - $238,000.00

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 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.

Average salary estimate

$183000 / YEARLY (est.)
min
max
$128000K
$238000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Director, Lending, U.S. P&BB, BMO

Are you ready to take your career to the next level as the Director of Lending at BMO? Located in the vibrant city of Chicago, IL, this role invites you to spearhead transformative finance initiatives and lead teams to success. As the Director, you'll have the unique opportunity to design, develop, manage, and implement key projects that align with BMO's mission of boldly growing the good in business and life. Your leadership will foster a culture enriched with diversity and inclusion, emphasizing collaboration and accountability. In this multifaceted position, you'll act as a trusted advisor to senior leaders, guiding them in making informed business decisions while managing strategic initiatives. You’ll cultivate an expert understanding of industry challenges, network to secure competitive insights, and continuously develop your team's talents. Your analytical mindset will enable you to assess complex business issues and recommend effective strategies to bolster organizational effectiveness. With a focus on data-driven insights, you’ll lead change management programs, ensuring the execution of impactful projects that resonate throughout the enterprise. In this role, not only will you play a pivotal part in delivering outstanding results, but you will also nurture a culture of growth and recognition within your team. If you're looking for an opportunity to make a real impact, support innovation and see your efforts translate into success, consider joining the BMO family as the Director of Lending, where every day brings the chance to learn and grow together.

Frequently Asked Questions (FAQs) for Director, Lending, U.S. P&BB Role at BMO
What are the primary responsibilities of the Director of Lending at BMO?

The Director of Lending at BMO is responsible for leading the design, development, and implementation of various finance projects. This includes fostering collaboration among teams, aligning initiatives with strategic goals, attracting and mentoring top talent, and acting as an advisor to senior leadership on business decisions and changes. Furthermore, the director conducts critical analyses to inform decision-making and leads change management programs to drive successful outcomes.

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What qualifications are necessary for the Director of Lending position at BMO?

To qualify for the Director of Lending role at BMO, candidates should typically have over 9 years of relevant experience along with a post-secondary degree in finance or a related field. Subject matter expertise in finance and business domains is essential. Strong communication, analytical, and collaboration skills are crucial, as well as the ability to manage ambiguity and drive data-driven decision-making.

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How does BMO support career development for the Director of Lending?

BMO is committed to the career development of its employees, including the Director of Lending. The company provides in-depth training, coaching, and support from managers to ensure that you have the tools and resources needed to excel. Additionally, there are numerous networking opportunities available to help you expand your skillset and grow within the company.

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What is the expected salary range for the Director of Lending at BMO?

The salary range for the Director of Lending position at BMO is between $128,000.00 and $238,000.00, dependent on factors such as location, skills, experience, and education. BMO also offers a comprehensive total compensation package that may include performance-based incentives and other benefits.

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What type of work culture can I expect as a Director of Lending at BMO?

As the Director of Lending at BMO, you can expect a culture that values diversity, collaboration, and inclusion. BMO is dedicated to promoting a respectful and supportive environment that encourages innovation and positive transformation in business practices. Your contributions will be recognized and celebrated as part of a team working toward a common purpose.

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Common Interview Questions for Director, Lending, U.S. P&BB
What interests you about the Director of Lending position at BMO?

Discuss how the role aligns with your career goals and passion for finance and lending. Emphasize the aspects of BMO's mission and values that resonate with you, particularly in fostering positive change within the community and the business landscape.

Join Rise to see the full answer
Can you describe your approach to leading change management initiatives?

Provide examples of past experiences where you've successfully implemented change. Explain your methodology, focusing on stakeholder management, communication strategies, and assessing the readiness for change, showcasing your ability to navigate complex transitions.

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How do you handle conflict within a team?

Share specific examples of conflicts you've resolved in a team setting, emphasizing your communication skills and collaborative approach. Describe how you focused on a solution that took into account the perspectives of all parties involved.

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What strategies do you use to ensure project alignment with organizational goals?

Explain your process for analyzing project objectives against the company’s goals, the importance of stakeholder engagement in aligning tasks, and how you track the progress to ensure alignment remains throughout execution.

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How do you assess the effectiveness of a finance project?

Discuss the key performance indicators (KPIs) you consider, how you gather data and insights, and your approach to performing regular evaluations of project outcomes against expected results.

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What methods do you employ to nurture talent within your team?

Talk about your experience in identifying strengths in team members, offering mentorship, and creating opportunities for professional development. Emphasize the importance of recognition for achievements to motivate and retain talent.

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Can you give an example of a challenging analytical problem you solved?

Share a specific situation where you addressed a complex analytical challenge, outlining your approach, the tools you used, and the innovative solutions you implemented to achieve favorable outcomes.

Join Rise to see the full answer
Describe a time when you had to influence a senior leader's decision.

Provide an example that demonstrates your ability to communicate effectively and present data-driven insights to inform decision-making. Highlight the strategies you employed to gain the leader's trust and support.

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How would you promote a culture of inclusion and diversity in your team?

Discuss specific initiatives and policies you believe are effective in promoting diversity and inclusion, and how you would lead by example to create an environment where all voices are heard and valued.

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What is your experience with financial analytics and reporting?

Summarize your experience with financial analytics tools and reporting methods, focusing on how you've used data to inform business decision-making and to support strategic initiatives.

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EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
April 17, 2025

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