BMO Financial Group Senior Project Manager - Capital Markets Regulatory (Treasury/Market Risk/Credit Risk) in Ontario, Canada
Position: Expert Project Manager
Line of Business: Capital Markets and Enterprise Risk Technology
1.) Regulatory technology projects experience
2.) Capital Markets, Treasury, Market Risk or Credit Risk experience
3.) The manager is looking for a hands-on PM
4.) 10 years of strong PM experience
Nice to have: PMP
The Expert Project Manager establishes and leads assigned projects which have been initiated by the Accountable Executive. These may include launching new products and services, operational efficiency improvements, process reengineering, and technology. The Project Manager holds the primary project relationship with the Accountable Executive and/or Senior Project/Program manager as applicable. The Project Manager ensures that a successful business outcome is the prime measure of project success. The Project Manager has solid understanding of their line of business and is able to facilitate communication with other program/project managers and stakeholders efficiently and effectively. The Project Manager directs, manages, and coordinates team members including other sub-project managers, business and technology resources, user groups, internal and external consultants and contractors, as well as vendors and external regulatory organizations.
Directs complex projects often involving multiple internal and external constituents and matrix partners
Typically exercises direct accountability for projects with up to 25 team members
Works with people managers across business and T&O to ensure projects are staffed with the right mix of people who exhibit the required perspectives, skills and behaviours.
Accountable party for defining, planning, orchestrating, and delivering assigned projects, including all business, operational and IT deliverables
Directly manages all aspects of the project lifecycle and works with matrix business, corporate and IT partners to oversee all phases of the project, and to ensure that related project processes are completed as required (including, as applicable, change management, process management, transition to business/operations, system development, quality management, etc.)
Within the context of the assigned project, responsible for building and sustaining the day-to-day relationships and communications (including project briefings) with stakeholders at various levels of the organization, including executive level, as well as other internal and external resources. Sustains and manages the relationship with the Accountable Executive (and Program Manager, where applicable) throughout the duration of the project by providing sound advice, counsel and support
Ensures end results are of the highest caliber with a clearly articulated scope and quantifiable business benefit
Provides leadership, motivation, coaching, mentoring and professional development for project teams in order to obtain a high level of co-operation and contribution from all project members
Chairs regular core team and key governance forums (e.g. Steering Committees, Operating Committees, Decision Forums) to review progress with key constituents. Represents the interests of the project or program in various project governance and inter-department forums
Ensures the mechanisms of change management (plans , processes, tools) are in place and effectively executed
Ensures project issues and risks are identified, quantified, managed and tracked. Uses past experience to proactively "anticipate" risk and develop appropriate mitigation strategies and plans. Ensures risks, assumptions and constraints are appropriately communicated and escalated when necessary
Rigorously manages scope to ensure commitments are achieved within agreed on time, cost, and quality parameters
Manages and/or validates financial forecasts and provides on-going reconciliation of resources and other related project expenditures
Defines and tracks project milestones while developing, maintaining, and reporting on an overall integrated delivery plan
Develops project artifacts including charter, integrated plan, resource plan, contingency plan, and related PM artifacts, while complying with applicable enterprise standards(e.g. Risk, Audit, Compliance)
Monitors and controls the project. Proposes recommendations and adjustments to the overall project manager (or Accountable Executive, as applicable) and publishes periodic project status reports
Provides Accountable Executive with continued insight in the viability of the business case (e.g. costs, benefits, KPIs) as the project progresses
Negotiates complex contracts with external vendors (in consultation with Strategic Sourcing) to ensure receipt of specific resources and materials, as well as best value for the Enterprise. Ensures day-to-day vendor relationship management occurs (including monitoring performance, reviewing and approving vendor invoices)
Contributes to improve the best practices of the project management community within the Enterprise to help drive consistency, transparency and execution excellence on projects
Maintain prime relationship management role with the business executive accountable for the project
Chairs project steering committees
Maintain relationships with business, technology and operations areas and orchestrates activities from all areas
Scope and Impact:
Direct accountability for project team members and ability to direct all sub teams. Total impact up to 25 team members
Provides input to performance reviews for all team direct reports
Control over direct project budgets up to value of IAAP (up to $10MM)
Project lengths 1 year to 3 years
Impact to bank operations typically within one line of business
More about the role:
We are looking for a seasoned Expert Financial Services Technology Project Manager who has experience working on front office and/or regulatory projects. This individual must have a strong track record of managing medium to large sized application software development projects within the financial services space. Capital Markets, Treasury, Market Risk or Credit Risk experience is required as well.
Soft skills are very important – this individual must be extremely client focused and be able to communicate clearly to the Business. Significant experience working with stakeholders and executive level leadership is a must. We need this person to be extremely polished and professional. They should know how to engage business partners with high expectations appropriately and successfully.
Bachelor degree in an IT-related discipline or Business Degree
PMP certification preferred, but not required
8 years of Project Management experience
Experience working on Capital Markets, Treasury, Market Risk orCredit Risk technology projects and programs
Strong track record of managing medium to large sized application software development projects within the financial services space
Extensive experience working with stakeholders and executive level leadership
Strong experience in conflict management
Have the ability to operate within the senior ranks but also not afraid to get their hands dirty and be hands-on with the project
Strong communication and coordination skills
Other Required PM Skills:
Possesses advanced communication skills; we are looking for a very well-spoken individual that can communicate with all levels of management.
Ability to develop project plans, manage individual deadlines and goals.
Knowledge of project metrics, including gathering, reporting, trend analysis, creation, and metrics.
Ability to identify issues and problems, generate solutions and choose appropriate alternatives using basic root cause analysis.
Advanced proficiency with all MS Office applications, MS Project and/or Visio.
Advanced proficiency with budgeting, forecasting and Project Reporting Platform such as Clarity.
Highly organized with good time management skills.
Customer service orientation and strong interpersonal skills.
Analytical thinker with creative problem solving skills and attention to detail.
Is able to impact and influence key project participants.
Displays expert team leadership capability and handles conflict resolution professionally.
At our company, we have been helping our customers and communities for over 195 years. Working with us means being part of a team of talented and passionate individuals with a shared focus on working together to deliver great customer experiences. We stand behind your success with the support you need to turn your potential into performance.
To find out more visit our website atwww.bmo.com/careers.
BMO Financial Group is committed to an inclusive, equitable and accessible workplace. By embracing diversity, we gain strength through our people and our perspectives. We welcome and encourage applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.