Private Banker, Private Banking

Wealth Sales & Service

Develops manages retains and grows profitable banking relationships with high-net-worth clients and prospects. Assists in the design development and delivery of solutions that meet the clients complex balance sheet management needs while providing expert service and highly personalized interaction. Develops and executes a business plan to profitably grow overall banking revenue while maintaining adherence to the Banks risk tolerance. Makes credit decisions/recommendations in accordance with sound credit-granting principles and in compliance with Bank policy & procedures.
Manages the retention and expansion of client relationships through a contact strategy and an ongoing review the clients banking needs.
Coordinates client relationship management with the lead relationship manager for the assigned portfolio.
Applies relationship management principles and techniques to an assigned portfolio of clients providing a value-added client experience.
Maintains knowledge and understanding of financial planning principles incorporating this into planning strategies to help clients.
Breaks down strategic problems and analyses data and information to provide insights and recommendations.
Monitors and tracks performance and addresses any issues.
Ensures high quality of information obtained to support decisions.
Contributes to the assigned portfolios profitability through expense control and profitable pricing practices for products and services.
Provides integrated and customized advice and helps clients achieve their financial and personal goals using a consultative approach in customer conversations.
Applies financial planning skills and concepts against each clients personal and financial situation.
Acts as an ambassador to enhance BMOs reputation in the market.
Adheres to all policies and procedures guidelines legal and ethical requirements and regulations including individual accountability as it relates to potential conflicts of interest safeguarding of customer information trading in securities anti-money laundering privacy and disclosure of outside business activities.
Maintains up-to-date knowledge and understanding of all banking products processes and relevant legal regulatory and technology requirements.
responds to questions and resolves issues raised through audits quality checks and reviews.
Manages risk and minimizes losses through monitoring and control reports ensuring verifications are completed in accordance with guidelines.
Documents and follows-up on any discrepancies to procedures operational risks and escalates per guidelines.
Typically between 4 - 6 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
Credit Qualifications and associated credit knowledge and skills according to the standards established within the credit qualification process policies and procedures..
Basic knowledge of Personal and Commercial credit and non-credit products.
Technical proficiency gained through education and/or business experience.
Data driven decision making - In-depth.

Salaries for part-time roles will be pro-rated based on number of hours regularly worked. BMO Financial Groups 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. It calls on us to create lasting positive change for our customers our communities and our people. We strive to help you make an impact from day one for yourself and our customers. Well 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 well help you gain valuable experience and broaden your skillset.

Accommodations are available on request for candidates taking part in all aspects of the selection process. A recruiting agency must first have a valid written and fully executed agency agreement contract for service to submit resumes.