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The Director & Business Architect, Investment Management provides strategic business leadership for the Portfolio Management workstream within BMO’s Wealth Technology Transformation Program. The role defines and advances the future-state capabilities, target operating model, processes and technology requirements supporting BMO Wealth’s full-service brokerage, self-directed brokerage and private investment counsel businesses. 

Key Accountabilities 

Strategic Business Architecture & Future-State Design 

• Define the scope, vision and future-state architecture for the Portfolio Management workstream, including business capabilities, operating models, processes and experiences. 

• Develop and maintain the business architecture roadmap, aligning strategic objectives with program priorities and delivery. 

Business Transformation & Delivery 

• Translate the target-state architecture into prioritized business requirements and implementation plans across the Portfolio Management workstream. 

• Challenge existing approaches, introduce industry-leading practices and drive timely decisions across stakeholder groups. 

• Balance transformation priorities with operational and delivery commitments. 

Portfolio Management Subject-Matter Leadership 

• Act as the senior business authority for portfolio-management capabilities, processes and operating models. 

• Apply industry, competitive and investment-management expertise to evaluate proposed capabilities and guide business decisions. 

• Ensure future-state solutions reflect portfolio-construction practices, managed-account trends and advisor and client needs. 

Cross-Pod Integration & Stakeholder Leadership 

• Partner with leaders across the Program and the broader organization to manage dependencies and deliver integrated end-to-end solutions. 

• Coordinate across Investment Management, Technology, Operations, Compliance, Product, Client Experience and other stakeholder groups. 

• Influence senior stakeholders, build consensus and resolve competing priorities. 

• Lead workshops, design sessions and “Day in the Life” validation exercises. 

• Translate complex information into clear recommendations and executive-level decision materials. 

Governance, Risk & Regulatory Oversight 

• Embed regulatory, compliance, risk, governance, audit and operational-resilience requirements in future-state design. 

• Support the design of controls across Portfolio Management, Performance Measurement, Fees, IPS and Risk Assessment processes. 

• Identify business risks and recommend mitigation strategies throughout design and implementation. 

Qualifications 

Education 

• University degree in Business, Finance, Economics, Commerce or a related discipline. 

• MBA, CFA Charterholder or CIM designation considered an asset. 

Experience 

• Minimum 10 years of progressive experience in private wealth, investment or portfolio management, business architecture, product management, consulting or business transformation. 

• Firsthand experience leading a team or function responsible for end-to-end investment solutions for HNW/UHNW clients. 

• Experience leading large-scale transformation or platform-modernization initiatives in a regulated, risk-sensitive environment. 

• Working knowledge of wealth-management operations, including SMA/UMA centralized trading and Advisor-as-Portfolio-Manager programs. 

• Experience working with technology delivery teams; familiarity with agile methods, tools and terminology is preferred. 

Knowledge & Leadership Capabilities 

• Deep understanding of Canadian private wealth, portfolio-management operating models, fees, performance reporting, IPS frameworks and risk-assessment methodologies. 

• Strong business architecture, process-design and requirements-management capabilities. 

• Ability to influence senior leaders, navigate ambiguity and drive decisions across complex stakeholder groups. 

• Exceptional analytical, facilitation, communication and presentation skills. 

Portfolio Management Workstream Scope 

The Portfolio Management workstream encompasses the managed-account lifecycle, including discretionary and advisor-managed models, IPS management, portfolio customization, asset-allocation models, bulk trading, loose-securities modelling, performance measurement, tax-loss harvesting and client fees. 

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. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards

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.

To find out more visit us at https://jobs.bmo.com/ca/en.

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. 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.