Associate / Vice President, Insurance, FIG - Investment Banking

Insurance Investment Banking Associate Or Vice President

BMO's Financial Institutions Group (FIG) is hiring an experienced associate or vice president to join its insurance investment banking team in New York.

You will provide a combination of deep insurance industry sector expertise, innovative thinking in a team-based approach, and world class execution across a full suite of products to clients through an integrated capital markets platform using a sector ecosystem approach. Collaborates to generate creative, client-focused solutions to prospective and current clients.

Key responsibilities :

• Participates in deal teams to develop, present, and win mandates for new opportunities
• Creates pitch books for clients with respect to financial solutions and participates in client presentations
• Monitors client, client industry, and regulatory agencies for potential changes that may impact client portfolio and business needs
• Reviews and continually monitors performance of existing accounts and client relationships
• Conducts due diligence (e.g., client visits, business model analysis, and comprehensive review of industry trends and related regulations)
• Supports the execution of strategic initiatives in collaboration with internal and external stakeholders
• Builds effective relationships with internal / external stakeholders
• Generates updated financial models / analyses as dictated by business needs and industry requirements
• Creates financial models to analyze client portfolios and anticipate client needs
• Applies appropriate technical concepts and completes / leads consistent and reliable technical and financial reports / analyses to support client deliverables
• Understands the complexity of transactions and related risk (e.g., credit, market, operational, legal / compliance, etc.)
• Provides direction and feedback to analysts; accountable for development and mentoring of analysts
• Delivers financial modeling to support strategic recommendations to clients
• Balances the bank's risk appetite with client needs when making recommendations / proposals

Qualifications :

Base salary : $225,000- 250,000.00 USD depending on experience and level

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.