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Business Development Manager
BMO U.S.. Develop and maintain strategic relationships with centres of influence and third parties, including brokers, brokerages, builders and non-BMO Investment Advisor Offices .
Core Competencies
Role fitCore Competencies
Use this summary to align your resume positioning with the role.
Demonstrates expertise in mortgage programs and B2B networks while effectively building and maintaining strategic relationships with stakeholders. Proficient in data-driven decision making, business development, and delivering exceptional customer experiences.
Highest-signal resume keywords
Mortgage Programs KnowledgeBusiness Development SuccessData Driven Decision MakingPresentation SkillsAnalytical Problem Solving
ATS Keywords
Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills
Market Business PlanningOperational GuidelinesRisk Management FrameworkNegotiation SkillsReferral Performance Monitoring
Soft Skills
Customer-OrientedCollaborative TeamworkEffective CommunicationRelationship BuildingProactive Problem Solving
Industry Keywords
B2B NetworksStakeholder EngagementSales ProgramsClient Pipeline ManagementFraud Risk Identification
About the role
Key responsibilities & impact- Develop and maintain strategic relationships with centres of influence and third parties, including brokers, brokerages, builders and non-BMO Investment Advisor Offices
- Apply market and industry expertise to deliver a winning customer experience and grow market share
- Identify share of wallet opportunities and refer business opportunities to key partners
- Develop and execute a market business plan to achieve objectives
- Represent sales programs and products in sales calls and at events
- Generate appointments and develop new relationships to grow business results
- Prioritize the market’s client and prospect pipeline
- Support regional sales programs and product delivery to maximize client opportunities and increase referral volume and deal flow
- Train and coach internal and external partners on program/product operational guidelines and regulatory requirements
- Develop solutions and make recommendations based on business strategy and stakeholder needs
- Provide advice and guidance on implementation of solutions
- Collect documentation for onboarding and approval of new partnerships
- Negotiate pricing, underwriting and efficient presentation of applications with brokers, builders and program partners
- Identify and escalate broker/partner behaviour posing fraud, AML, reputation or other risks
- Provide input into planning and implementation of operational programs
- Execute work to deliver timely, accurate and efficient service
- Build effective relationships with internal and external stakeholders
- Analyze data and information to provide insights and recommendations
- Monitor and track referral performance and address issues
- Ensure alignment between stakeholders
- Support strategic initiatives with internal and external stakeholders
- Conduct independent analysis and assessment to resolve strategic issues
- Exercise judgment to identify, diagnose and solve problems
- Take measured risks while protecting the bank under BMO’s Risk Management Framework
Requirements
What you’ll need- Typically between 4 - 6 years of relevant experience
- Post-secondary degree in related field of study or an equivalent combination of education and experience
- In-depth knowledge of mortgage programs / products and B2B networks
- In-depth presentation skills and time management
- Proven business development success
- Customer-oriented; focused on designing and delivering a great customer experience
- Proactive and collaborative with team members to establish trust and partnerships
- Committed to building strong internal and customer relationships
- Technical proficiency gained through education and/or business experience
- In-depth verbal and written communication skills
- In-depth collaboration and team skills
- In-depth analytical and problem solving skills
- In-depth influence skills
- In-depth data driven decision making
Benefits
Comp & perks- Commission structure
- Performance-based incentives
- Discretionary bonuses
- Health insurance
- Tuition reimbursement
- Accident and life insurance
- Retirement savings plans
- In-depth training and coaching
- Manager support
- Network-building opportunities
- Accommodations available on request for candidates taking part in all aspects of the selection process