Associate Director, Deposits (Ontario)

Associate Director, Deposits (Ontario)

08 Oct
|
BMO
|
Ontario

08 Oct

BMO

Ontario

Application Deadline 10/19/2026
Address 100 King Street West
Job Family Group Customer Solutions
The Associate Director, Deposits plays a critical role in supporting and advancing the Private Wealth Deposits business across both Private Banking and BMO Nesbitt Burns. This position combines business management, deposit pricing strategy, relationship management, and strategic project leadership to drive deposit growth, enhance client and advisor experiences, and support the overall success of the business. Working closely with senior leaders and key stakeholders across Private Wealth, the Associate Director serves as a trusted advisor, providing business insights, strategic recommendations, and execution support to ensure the delivery of business objectives. The role requires a strong blend of analytical capability, commercial acumen, stakeholder management, and project leadership. The successful candidate will help shape and execute business strategies, manage critical initiatives, support pricing decisions, and partner with frontline teams to identify opportunities that strengthen the competitive position and performance of the Private Wealth Deposits business.
Key Responsibilities Deposit Pricing & Business Strategy
Support the development, implementation, and ongoing management of deposit pricing strategies across the Private Wealth Deposits business.
Monitor market conditions, competitive trends, and business performance to identify opportunities and risks.
Analyze portfolio performance, client behaviours, profitability, and growth trends to support strategic decision-making.
Develop insights and recommendations that optimize business performance while balancing client needs and business objectives.




Identify emerging opportunities and strategic initiatives that drive growth and enhance the value proposition of the deposits business.
Business Management & Operational Excellence
Support the day-to-day management of the Private Wealth Deposits business, ensuring alignment with strategic priorities and business goals.
Coordinate business planning, reporting, governance, and performance monitoring activities.
Monitor key business metrics and performance indicators, identifying issues and opportunities for improvement.
Partner across functions to streamline processes, improve operational effectiveness, and support business execution.
Ensure data integrity, reporting accuracy, and compliance with applicable governance standards.
Stakeholder & Sales Partnership
Build and maintain robust relationships with Private Banking, BMO Nesbitt Burns, and other frontline sales teams.
Partner with advisors, relationship managers, and business leaders to support deposit growth objectives and business initiatives.
Act as a trusted advisor to stakeholders, providing strategic perspectives and business insights.
Collaborate across multiple business groups to ensure alignment, drive execution, and deliver business outcomes.
Gather frontline feedback and market intelligence to inform product, pricing, and client experience enhancements.
Strategic Initiatives & Project Leadership
Lead and support strategic projects from business case development through implementation and post-launch evaluation.




Coordinate cross-functional initiatives involving multiple stakeholders across Private Wealth and the broader organization.
Develop recommendations and implementation plans to address business challenges and capitalize on growth opportunities.
Support initiatives focused on enhancing client experiences, advisor effectiveness, business efficiency, and deposit growth.
Drive stakeholder engagement, project governance, and execution activities to ensure successful delivery of objectives.
Change Management & Continuous Improvement
Lead or participate in change management initiatives, including stakeholder engagement, readiness assessments, communications, implementation planning, and sustainment activities.
Support the introduction of new processes, programs, and business solutions.
Evaluate outcomes, monitor adoption, and identify opportunities for ongoing enhancement.
Promote a culture of continuous improvement through data-driven decision-making and thoughtful execution.
Risk & Compliance Management
Apply sound risk management practices in the execution of responsibilities in alignment with BMO's Risk Management Framework and Risk Appetite.
Ensure business activities comply with applicable policies, procedures, and regulatory requirements.
Identify, assess, and escalate risks as appropriate while balancing business objectives and risk considerations.
Support a strong risk culture by making informed decisions that protect clients, employees, and the organization.
Qualifications Typically 5-7 years of experience in financial services, wealth management, private banking, product management, business management, strategy, consulting, or a related field.
Post-secondary degree in Business, Finance, Economics, Commerce, or a related discipl

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📌 Associate Director, Deposits (Ontario)
🏢 BMO
📍 Ontario

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