Leadership Rotational Development Program (New Grad)

U.S. P&B Rotational Development Program

Location : Chicago, IL, USA

Time Type : Full time

Overview :

The U.S. P&B Rotational Development Program (RDP) establishes a pipeline of ready now talent to strengthen current and future succession slates in key roles. This program intentionally focuses on hiring top inclusive talent to help build our bench strength.

Job Description :

Our 16-month leadership rotational program is geared towards recruiting, hiring and developing future leaders of our business by providing hands-on experience, a focused competency training curriculum, and exposure to executive leadership.

As a Leadership Development Trainee, you will take part in three five-month rotations designed to expose each trainee to a variety of roles and functions. During each rotation, you will receive access to new skills, training, resources, and senior leadership. This is your opportunity to learn from the best in the industry and launch your career with a competitive edge. Through each one of your rotations, you will gain foundational knowledge across our line of business allowing you to understand where your skills and future interests best fit your career aspirations. You will also gain exposure and valuable hands-on experience needed to become a future business leader. In addition to your functional rotational experience, you will be teamed up with a senior leader who will serve as your mentor throughout the 16-month program. They will help maximize your potential and be a strategic coach ensuring the program experience is enriching. At the conclusion of the program, successful trainees will take on a variety of strategic and complex roles across the organization.

We are looking for highly motivated individuals with a strong desire to excel and the ability to work in a very fast-paced environment. Curious individuals who want to create and find solutions to complex business issues. We want leaders who want and enjoy increasing levels of responsibility while being successful in changing environments.

Rotation Opportunities Include :

Business Banking

Business Enablement

Business Process & Optimization

Consumer Lending

Customer Experience Execution

Deposits, Segments, & Consumer Strategy

Indirect Lending

Retail Payments

Researches, defines, aligns, develops, and implements sales and marketing strategies with P&L accountability to enable the sales force to effectively sell, fulfill, and service new and existing individual or portfolio of banking products and improve the customer experience. Carries out market research, forecasting, pricing, and competitive analysis, monitors product and system performance, and assesses problems to develop and implement solutions. Manages product risks in compliance with legal, regulatory, and risk compliance, and reporting. Collaborates with internal partners across the enterprise to take products to market.

• Develops solutions and makes recommendations based on an understanding of the business strategy and stakeholder needs.
• Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.
• Conducts independent analysis and assessment to resolve strategic issues.
• Builds effective relationships with internal / external stakeholders.
• Ensures alignment between stakeholders.
• Designs and produces regular and ad-hoc reports, and dashboards.
• Breaks down strategic problems, and analyzes data and information to provide insights and recommendations.
• Monitors and tracks performance, and addresses any issues.
• Supports change management of varying scope and type; tasks typically focused on execution and sustainment activities.
• Provides input into the planning and implementation of operational programs.
• Executes work to deliver timely, accurate, and efficient service.
• Supports development of key metrics and identification of trends.
• Gathers customer and sales feedback and analyzes issues.
• Participates in and evaluates market research and competitive analysis associated with assigned products.
• Participates in and evaluates customer / consumer insights and channels information.
• Competes internal and regulatory reporting.
• Acts as the day to day contact for vendors; supports the implementation, maintenance, and sustainment of vendor solutions.
• Resolves internal, first level customer escalations.
• Leads / participates in the design, implementation, and management of core business / group processes.
• Gathers basic market research and competitive intelligence, including pricing, from publicly available information.
• Runs analyses and reports that support risk management and policy development.
• Defines and implements business cases and strategic roadmaps for banking products and services, including project and budget approvals.
• Designs, implements, manages, and enhances a single product or suite of products throughout the product lifecycle.
• Develops, implements, and monitors key metrics and action plans to optimize financial performance.
• Continuously improves processes to identify issues and deliver optimal customer experience.
• Works with partners to develop salesforce training and materials and manages change.
• May support the sales team in development of client deals and related presentations.
• Develops and maintains relationships with external partners and vendors.
• Creates the marketing strategy, including offers and campaigns, and works with Marketing and other partners to execute.
• Develops, implements, and manages product documentation, templates, and requirements to ensure they accurately reflect product and systems functionality.
• Influences and / or determines credit product risk parameters and metrics.
• Focus is primarily on business / group within BMO; may have broader, enterprise-wide focus.
• Exercises judgment to identify, diagnose, and solve problems within given rules.
• Works independently on a range of complex tasks, which may include unique situations.
• Broader work or accountabilities may be assigned as needed.

Qualifications :

Salary : $57,500.00 - $106,500.00

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 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.

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.

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