VP/Director - Commercial Banking Relationship Manager

Company: Bank of Montreal
Location: San Jose
Posted on: November 13, 2024

Job Description:

VP/Director - Commercial Banking Relationship Manager
Application Deadline: 12/19/2024
Address: 95 S. Market St.
Job Family Group: Commercial Sales & Service
We are seeking a Vice President or Director level Senior Relationship Manager in our Diversified Industries Group primarily covering the South Bay Market in the San Francisco Bay Area. The ideal candidate has 10+ years of experience calling on companies in the middle market generating $50MM - $2B in revenue and has established relationships with customers, COIs, and key stakeholders in the Bay Area.
The RM will be responsible to drive new client acquisition and growth in market share in this middle market segment across all industry verticals. Successful RMs develop and leverage strong relationships with the Portfolio Management and Treasury Product Services Teams, as well as other key product and support partners within the Commercial Bank across the various geographies to deliver an exceptional customer experience. In addition, the RM will be tasked with leveraging the bank and delivering the integrated BMO One Client focus across all lines of business including Wealth, Retail, Small Business, and Capital Markets.
Facilitates growth initiatives for the Bank through significant business development and excellent management of key client relationships. Maintains an outstanding and continuous record of significant revenue generation from sales and syndications. Ensures the required internal control standards, including adherence to audit, regulatory and compliance policies.

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• Leads and executes business development plans to achieve or exceed business goals.
  
• Provides strategic input into business decisions as a trusted advisor.
  
• Makes recommendations to senior leaders on strategy and new initiatives, based on an in-depth understanding of the business/group.
  
• Acts as a subject matter expert on relevant regulations and policies.
  
• Advises on sales strategy based on a deep understanding of the market, relevant industry verticals, market competitors, client needs, and business growth opportunities.
  
• Conducts independent analysis and assessment to resolve strategic issues.
  
• Develops the business case by identifying needs, analyzing potential options, and assessing expected return on investment.
  
• Recommends business priorities, advises on resource requirements, and develops a roadmap for strategic execution.
  
• May network with industry contacts to gain competitive insights and best practices.
  
• Coordinates the management of databases; ensures alignment and integration of data in adherence with data governance standards.
  
• Leads change management programs of varying scope and type, including readiness assessments, planning, stakeholder management, execution, evaluation, and sustainment of initiatives.
  
• Manages the risk of the assigned complex portfolio in a timely and precise manner.
  
• Directly manages the annual review process, interim reviews, specified quarterly reports, and resolution of exceptions.
  
• Maintains accurate documentation and ensures adherence to prescribed policies and procedures and overall safety of the Bank's position.
  
• Leads the execution of operational programs; assesses and adapts as needed to ensure quality of execution.
  
• Acts as daily sales contact for clients on sales-related questions such as product information, pricing, implementation timeframes, and requirements.
  
• Gathers data to advance the sale process and completes all required documentation.
  
• Assists team in pre-sales activities such as pitch preparation, client research, preparation of prospect and client files for further action.
  
• Tracks implementation requests to keep the process on track with timelines.
  
• Tracks internal reports and recommends improvements to sales support materials based on findings and feedback.
  
• Compiles pre-call and post-call information packages by accessing internal systems and bank personnel to validate client holdings, pricing, and volumes.
  
• Provides research and data gathering to the sales team to facilitate solutions to the client's/prospect's business needs.
  
• Assists with sales and service administration and processing ensuring client experience is seamless and opportunities are identified and met.
  
• Maintains current client information on Bank system/files to ensure client history is accurate and complete.
  
• Ensures accurate billing to clients.
  
• Operates at a group/enterprise-wide level and serves as a specialist resource to senior leaders and stakeholders.
  
• Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to problems that can be complex and non-routine.
  
• Implements changes in response to shifting trends.
  
• Broader work or accountabilities may be assigned as needed.
  
  Qualifications:
  
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  • Typically 7+ years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
    
  • If a Credit Qualifiable job, Credit Qualifications and associated credit knowledge and skills according to the established qualification standards.
    
  • Demonstrated history of successful business development, including ability to network in external markets.
    
  • Demonstrated knowledge of relevant industry verticals and market's competitive environment.
    
  • Experience in contact negotiations with both clients and legal counsel.
    
  • Experience drafting responses to complex RFPs.
    
  • Experience with Sales Strategy and Sales referral process development.
    
  • Risk Management - In-depth.
    
  • Sales and Service Management -In-depth.
    
  • Relationship Management - In-depth.
    
  • Change Leadership - Working.
    
  • Conflict Management & Resolution -In-depth.
    
  • Resource Planning - Working.
    
  • Business Acumen - In-depth.
    
  • Financial and Working Capital Understanding - In-depth.
    
  • Strategic Thinking - Working.
    
  • Seasoned professional with a combination of education, experience, and industry knowledge.
    
  • Verbal & written communication skills - In-depth / Expert.
    
  • Analytical and problem-solving skills - In-depth / Expert.
    
  • Influence skills - In-depth / Expert.
    
  • Collaboration & team skills; with a focus on cross-group collaboration - In-depth / Expert.
    
  • Able to manage ambiguity.
    
  • Data-driven decision making - In-depth / Expert.
    
    Salary: $120,000.00 - $222,600.00
    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 the 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:
    We're here to help
    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
    BMO is committed to an inclusive, equitable, and accessible workplace. By learning from each other's differences, we gain strength through our people and our perspectives. BMO is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.
    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.
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Keywords: Bank of Montreal, Tracy , VP/Director - Commercial Banking Relationship Manager, Executive , San Jose, California