Business consultant – wealth management technology

BMO Financial Group; Toronto; On-site; CAD 74,000 - 139,000; Full time

Job summary

Join BMO Financial Group as a Business Consultant in Wealth Management Technology. This hybrid role involves defining business requirements, collaborating with various stakeholders, and providing actionable insights to enhance business strategies. The ideal candidate will have extensive experience in wealth management and strong analytical skills.

Benefits

Health insurance

Tuition reimbursement

Retirement savings plans

Accident and life insurance

Performance-based incentives

Qualifications

• 8+ years of relevant experience in capital markets or wealth management.
• Ability to write clear user stories and acceptance criteria.
• Experience with complex data analysis for business decisions.

Responsibilities

• Define and manage business requirements with stakeholders.
• Collaborate with product team to test technical feasibility.
• Facilitate discussions to drive organizational goals.

Skills

Analytical capabilities

Problem-solving

Communication skills

Collaboration

Ownership mindset

Education

Post-secondary degree in business, finance, and/or computer science

MBA

Tools

Agile methodologies

Scrum

JIRA

Confluence

Job description

Business Consultant – Wealth Management Technology

We are looking for an experienced IT business analyst/consultant to join Wealth Management Technology team at BMO, Technology & Operations for a hybrid role based out of Toronto. As a senior member of a multi-functional team, you will primarily be responsible for defining business requirements and collaborating with product team to establish solution scopes, test technical feasibility, and resolve business issues that arise during development.

Candidate we are looking for also has a combination of following skills, experience and mindset:

Acts as the prime subject matter expert for internal/external stakeholders.

Facilitates discussions and follows a disciplined approach to plan, elicit, analyze, document, communicate, and manage business requirements with stakeholders; applies a variety of elicitation techniques to probe, challenge, and understand requirements.

Breaks down strategic problems, and analyses data and information to provide insights and recommendations.

Collaborates with various stakeholders to understand problems and opportunities, to facilitate the organization's goals by understanding business vision, objectives, and key performance indicators.

Acts as a consultant to business partners in collaboration with the project team in strategy and planning sessions (e.g., annual and multi-year plans), reviews, or inspections to ensure the quality of work products.

Aligns technology requirements and solutions to a real business need, meets essential quality standards, and ensures approval by all relevant stakeholders.

Assesses the quality of supporting documentation, including solution architecture documents, technical design documents, test strategy document documents, to ensure proper analysis supports, recommendations or demonstrate continued alignment to strategic objectives.

Collaborates closely with product owner to refine and prioritize the product backlog, ensuring user stories and acceptance criteria accurately reflect business objectives. Also works closely with members of the agile squad, business, and technology teams throughout the software development life cycle to ensure solutions align with business needs and participates in system testing, UAT and validation of new features or enhancements.

Promotes new processes and methodologies, emerging technologies, and agile, and aligns to the unique project team requirements.

Strategic & Analytical Leadership

Driving IT strategy by analyzing business processes, systems, and providing actionable insights.

Leading problem resolution and conducting root-cause analysis for complex issues.

Thought leadership in tech trends, regulatory changes, and emerging technologies.

You act like an owner: You thrive when you are empowered to take the lead, go above and beyond, and deliver results. Customers come first.

You embrace and champion change: You will continuously evolve your thinking, approach, and the way you work in order to deliver your best and exceed our clients’ expectations.

Collaboration and Communication

Building strong relationships with internal and external stakeholders.

Communicates and engages across stakeholder groups during construction and delivery of solutions.

Communicates technical strategies and changes clearly to both technical teams and business groups.

Specific Industry Knowledge

Wealth Management Domain Expertise

Understanding of financial planning, investment advisory and portfolio management.

Familiarity with client segmentation (e.g., HNW, UHNW clients).

Knowledge of product offerings such as equities, fixed income, mutual funds, alternative investments, separately managed accounts (SMAs) etc.

Knowledge of banking regulations, awareness of compliance and KYC/AML processes in wealth management.

Understanding of how wealth services integrate within the broader banking ecosystem.

Knowledge of industry platforms (e.g., Salesforce Financial Services Cloud, Morningstar, Charles River, Broadridge etc.).

Familiarity with CRM, financial planning software, reporting engines, and digital advisory platforms.

Understanding of digital client onboarding, client portals, and secure mobile experiences.

Skills and Qualifications

Soft Skills

Ownership mindset, strong analytical capabilities and a passion for problem-solving and adapting to change.

Demonstrates transparency and willingness to share knowledge and best practices.

Displays acumen with technical concepts and business/industry knowledge with a strong desire for continuous learning.

Can-do attitude. Persists in driving towards the end goal by self and leading the team.

Awareness of critical path amidst changing priorities.

Ability to work under pressure, manage ambiguity and tight deadlines.

Willingness to ask questions, challenge the process and seek out answers.

Ability to assimilate lots of detailed information effectively.

Excellent time management, organizational and prioritization skills.

Works independently with great resourcefulness and little guidance and can work with ambiguity.

Qualifications

8+ years of relevant experience, preferably within capital markets, wealth management, asset management or investment operations, and a post-secondary degree in business, finance, and/or computer science. MBA is an asset.

Expert: Ability to work independently and take ownership of deliverables in a fast-paced and evolving environment.

Expert: Agile methodologies and tools (Scrum, JIRA, Confluence, SharePoint).

Expert: Ability to write clear and concise user stories, acceptance criteria and process flows.

Expert: Ability to analyze complex data and provide actionable insight to help drive business decisions

Expert: Business strategy and assessments (i.e., feasibility studies, business cases and/or cost/benefit, project sizing and costing, and current state analysis/needs assessments).

Expert: Highly effective communicator. Excellent listening and communication skills, with proficiency in English (French is a bonus).

Expert: Collaboration & teamwork skills with a focus on cross-group collaboration.

Application Deadline:

06/26/2025

Address:

33 Dundas Street West

Job Family Group:

Technology

We are looking for an experienced IT business analyst/consultant to join Wealth Management Technology team at BMO, Technology & Operations for a hybrid role based out of Toronto. As a senior member of a multi-functional team, you will primarily be responsible for defining business requirements and collaborating with product team to establish solution scopes, test technical feasibility, and resolve business issues that arise during development.

Candidate we are looking for also has a combination of following skills, experience and mindset:

Project/Program engagement

• Acts as the prime subject matter expert for internal/external stakeholders.

• Facilitates discussions and follows a disciplined approach to plan, elicit, analyze, document, communicate, and manage business requirements with stakeholders; applies a variety of elicitation techniques to probe, challenge, and understand requirements.

• Breaks down strategic problems, and analyses data and information to provide insights and recommendations.

• Collaborates with various stakeholders to understand problems and opportunities, to facilitate the organization's goals by understanding business vision, objectives, and key performance indicators.

• Acts as a consultant to business partners in collaboration with the project team in strategy and planning sessions (e.g., annual and multi-year plans), reviews, or inspections to ensure the quality of work products.

• Aligns technology requirements and solutions to a real business need, meets essential quality standards, and ensures approval by all relevant stakeholders.

• Assesses the quality of supporting documentation, including solution architecture documents, technical design documents, test strategy document documents, to ensure proper analysis supports, recommendations or demonstrate continued alignment to strategic objectives.

• Collaborates closely with product owner to refine and prioritize the product backlog, ensuring user stories and acceptance criteria accurately reflect business objectives. Also works closely with members of the agile squad, business, and technology teams throughout the software development life cycle to ensure solutions align with business needs and participates in system testing, UAT and validation of new features or enhancements.

• Promotes new processes and methodologies, emerging technologies, and agile, and aligns to the unique project team requirements.

Strategic & Analytical Leadership

• Driving IT strategy by analyzing business processes, systems, and providing actionable insights.

• Leading problem resolution and conducting root-cause analysis for complex issues.

• Thought leadership in tech trends, regulatory changes, and emerging technologies.

• You act like an owner: You thrive when you are empowered to take the lead, go above and beyond, and deliver results. Customers come first.

• You embrace and champion change: You will continuously evolve your thinking, approach, and the way you work in order to deliver your best and exceed our clients’ expectations.

Collaboration and Communication

• Building strong relationships with internal and external stakeholders.

• Communicates and engages across stakeholder groups during construction and delivery of solutions.

• Communicates technical strategies and changes clearly to both technical teams and business groups.

Specific Industry Knowledge

• Wealth Management Domain Expertise

• Understanding of financial planning, investment advisory and portfolio management.

• Familiarity with client segmentation (e.g., HNW, UHNW clients).

• Knowledge of product offerings such as equities, fixed income, mutual funds, alternative investments, separately managed accounts (SMAs) etc.

• Knowledge of banking regulations, awareness of compliance and KYC/AML processes in wealth management.

• Understanding of how wealth services integrate within the broader banking ecosystem.

• Knowledge of industry platforms (e.g., Salesforce Financial Services Cloud, Morningstar, Charles River, Broadridge etc.).

• Familiarity with CRM, financial planning software, reporting engines, and digital advisory platforms.

• Understanding of digital client onboarding, client portals, and secure mobile experiences.

Skills and Qualifications

Soft Skills

• Ownership mindset, strong analytical capabilities and a passion for problem-solving and adapting to change.

• Demonstrates transparency and willingness to share knowledge and best practices.

• Displays acumen with technical concepts and business/industry knowledge with a strong desire for continuous learning.

• Can-do attitude. Persists in driving towards the end goal by self and leading the team.

• Awareness of critical path amidst changing priorities.

• Ability to work under pressure, manage ambiguity and tight deadlines.

• Willingness to ask questions, challenge the process and seek out answers.

• Ability to assimilate lots of detailed information effectively.

• Excellent time management, organizational and prioritization skills.

• Works independently with great resourcefulness and little guidance and can work with ambiguity.

Qualifications

• 8+ years of relevant experience, preferably within capital markets, wealth management, asset management or investment operations, and a post-secondary degree in business, finance, and/or computer science. MBA is an asset.

• Expert: Ability to work independently and take ownership of deliverables in a fast-paced and evolving environment.

• Expert: Agile methodologies and tools (Scrum, JIRA, Confluence, SharePoint).

• Expert: Ability to write clear and concise user stories, acceptance criteria and process flows.

• Expert: Ability to analyze complex data and provide actionable insight to help drive business decisions

• Expert: Business strategy and assessments (i.e., feasibility studies, business cases and/or cost/benefit, project sizing and costing, and current state analysis/needs assessments).

• Expert: Highly effective communicator. Excellent listening and communication skills, with proficiency in English (French is a bonus).

• Expert: Collaboration & teamwork skills with a focus on cross-group collaboration.

Salary :

$74,800.00 - $138,600.00

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 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.

About the company

The Bank of Montreal is a Canadian multinational investment bank and financial services company.

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