Application Deadline:05/29/2026Address:250 Yonge StreetJob Family Group:Finance & AccountingProvides financial expertise, strategic direction, reporting and planning services and decision support to the Chief Financial Officer, Wealth Management and the Insurance Leadership team with a dotted line reporting to the President & CEO, BMO Insurance (“Insurance entities”). As a key member of the Leadership team, contributes to setting the strategic business priorities and provides expertise on all financial matters affecting the business. This role participates in various committees of the Insurance entities (including the Investment Committee, Pricing Committee, Risk Committee and IT Steering Committee). Decision support accountabilities include the evaluation of existing or potential new business, recent markets, the identification of financial risk, compliance and regulatory issues and alignment of projects and initiatives with the Corporate Finance and Enterprise strategies. Leads overall governance and operation of the finance function and ensures all financial components align with both BMO Wealth Management and BMO Financial Group’s financial governance and standards. Is responsible to report to the legal entity Board, the regulator (OSFI) and annually to the Bank’s Audit Committee.
Builds and sustains a team of direct reports who can deliver the performance required for the group, including coaching and the creation and implementation of training and development plansManages the financial reporting and planning processes to serve as effective foundation of effective financial management for the Insurance entities:Manages the process of monitoring the unit performance against business objectives with the appropriate set of multi-dimensional metrics,



and ensures that monitoring approaches are aligned with the requirements of all BMO Wealth Management stakeholders (internal and external)Provides financial evaluation and analytics in the development and evaluation of strategic plans and associated objectives for the Insurance entities. Actively participate in issue identification and analysis to ensure alignment with BMO Wealth Management and enterprise business strategiesWorking in partnership with BMO Insurance’s Appointed Actuary, develops appropriate financial reporting, planning and overall financial management strategies and supporting processes.
Leads and directs the overall financial operations of the Insurance entities, including but not limited to the following accountabilities:Ensures all reporting requirements are met as required for financial reporting, regulatory reporting and management reporting and that all required accounting entries are completed as required to support business operationsEnsures internal controls, legal entity reporting requirements and regulatory needs are metEnsures accounting functions are handled effectively and in accordance with policies and proceduresEnsures management that all internal and external audit processes are handled effectively, and that operational accounting systems and subsystems are supporting the business in the most optimal mannerEnsures new products,



investments and other financial undertakings are reviewed and vetted prior to integration into a product suite (in conjunction with Marketing, Legal and Actuarial)Represents BMO Insurance with the Office of the Superintendent of Financial Institutions and other regulatory and industry organizations on company specific or industry matters.
Ensures external audits are managed effectivelySets expectations for financial governance and stewardship for the Insurance entities, in conjunction with requirements by BMO Wealth Management Finance. Manages the overall attestation process for the Insurance entities.
Leads the planning process for the development of the five-year financial and capital plans by evaluating items and providing financial expertise and analytical support to the Leadership team as requiredSupports communication of financial strategy and business results with all stakeholders (internal to BMO Insurance and external parties such as regulators), to manage stakeholder relationships and to advance the BMO Insurance and BMO Wealth Management agendasOversees the planning process for the development of the five-year financial and capital plans and ensures that plans are aligned with BMO Wealth Management’s longer-term growth goalsOversees the development and implementation of longer-term targets for the Insurance entitiesOversees reporting of performance against plans for the Insurance entities. Recommends corrective actions required to meet Plan and negotiate solutions with businessesActs as a key member of the BMO Insurance leadership team by providing strategic, business and financial expertise and thinking, and supports decision making with financial information and business acumenProvides financial expertise and business decision support to the President & CEO, BMO Insurance and his lead

📌 Chief Financial Officer, Bmo Insurance (Toronto)
🏢 BMO Insurance
📍 Toronto