Application Deadline:

12/30/2024

Address:

320 S Canal Street

Job Family Group:

Wealth Sales & Service

Typically between 5 - 7 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.Bachelor’s degree in Finance or related field preferred.In-depth knowledge of Personal Trust Administration processes and procedures.Understanding of Trust Tax, Trust Accounting and Investment Management.Knowledge of fiduciary laws including estate planning techniques, relevant tax.Strong analytical, problem-solving, communication (written and oral), and collaborative skillsUnderstanding of the regulatory environment impacting the personal fiduciary business.Recommends and implements solutions based on analysis of issues and implications for the business and the client.Assists in the development of strategic plans.Identifies emerging issues and trends to inform decision-making.Builds change management plans of varying scope and type; leads or participates in a variety of change management activities including readiness assessments, planning, stakeholder management, execution, evaluation, and sustainment of initiatives.Oversees maintenance of Policies and Procedures Manual as required by internal and external changes.Cross trains team members to ensure coverage and contingency.Supports in audits and compliance reviews as assigned.Identifies and escalates all irregularities and discrepancies to management.Oversees maintenance of Policies and Procedures Manual as required by internal and external changes.Protects the Bank's assets and complies with all regulatory, legal and ethical requirements.Follows through on the risk and compliance processes and policies to ensure we safeguard our customers’ assets, maintain their privacy, act in their best interests, and ensures an effectively run function.Exercises judgment to identify, diagnose, and solve problems within given rules.Works independently and regularly handles non-routine situations.Broader work or accountabilities may be assigned as needed.

We are looking for an analytical and independent professional. This is an opportunity to enhance your expertise surrounding trust accounts by networking with our diverse teams and specialists, as well as work in a quiet, yet collaborative, environment.

The position involves the administrative review of trust, investment management, custody, and individual retirement accounts as well as estates and guardianships. This includes the review of BMO Bank’s directives/procedures, regulatory compliance, governing documents, system coding, disbursement/discretionary documentation and other account necessary documentation and the development and implementation of action plans for the remediation of issues.

It may also involve special projects regarding the integration of trust accounts into Wealth Management Trust Administration from other lines of business or as a result of acquisitions/mergers.  This includes the identification of administrative risks and the proposal of remediation based on existing BMO Bank's line of business procedures.

Balancing risk and opportunity is an action we live by at BMO. While the business strives to grow, we’re looking for thinkers and problem-solvers to help us consider the risks associated with each opportunity. With your expertise in trust administration, as well as the new knowledge you’ll receive from working with our specialists, you’ll be responsible for anticipating possible risks in all assigned tasks. As you continue to grow and develop your knowledge, there are opportunities to move within the group. We want to help you grow your career with us.

Salary:

$72,500.00 - $134,500.00

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. 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 http://jobs.bmo.com/us/en

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, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristics. We also consider applicants with criminal histories, consistent with applicable federal, state and local law.

BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to BMOCareers.Support@bmo.com and let us know the nature of your request and your contact information.

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.