Director, Capital Markets - Capital Allocation & Management

BMO Capital Markets; Toronto; On-site; CAD 86,000 - 185,000; Full time

Benefits offered by this job

Health insurance

Tuition reimbursement

Accident and life insurance

Retirement savings plans

Job summary

BMO Capital Markets is seeking a Director of Capital Allocation & Management to lead strategy for optimizing capital resources across Global Markets, Corporate Banking, and Infrastructure. You will partner with Finance, Risk, Treasury and the Front Office to drive velocity and performance in capital decisions.

The role emphasizes governance, regulatory awareness (Basel III, SA-CCR, LCR/NSFR), and enterprise-wide planning while delivering measurable improvements in return on equity and capital

Qualifications

• Undergraduate degree in Finance, Economics, Engineering, Accounting, or a quantitative field required; MBA, CFA, or equivalent preferred.
• 8-10+ years in capital markets, corporate banking, credit portfolio management, treasury, balance sheet management, transaction structuring, distribution, or risk management.
• Experience with capital allocation, ROE optimization, capital velocity, credit portfolio management, regulatory capital, liquidity and funding optimization, booking models, and structuring solutions.

Responsibilities

• Establish a consistent, risk-adjusted profitability measurement framework across Capital Markets to optimize allocation and structuring decisions.
• Develop disciplined resource allocation aligned with risk appetite, capital and liquidity constraints and strategy.
• Identify capital optimization opportunities through booking strategy enhancements and portfolio structuring.
• Collaborate with Finance, Risk, Treasury and Front Office to embed capital discipline in portfolio decisions.

Skills

Financial modeling

Risk assessment

Regulatory knowledge

Stakeholder management

Strategic structuring

Education

Undergraduate degree in Finance/Economics/Engineering

MBA/CFA preferred

Tools

Excel

Power BI

Job description

BMO Capital Markets is a leading, full-service financial services provider. We offer corporate and investment banking, treasury management, as well as research and advisory services to clients around the world. #bmocapitalmarkets The Capital Allocation & Management (CAM) function leads the development of strategy, policy, and implementation to optimize financial resources, accelerate capital and balance sheet velocity, actively manage the credit portfolio, optimize regulatory capital, liquidity, and funding outcomes, enable differentiated structuring solutions, drive profitable growth, strengthen BMO's competitive position, and support disciplined, risk-adjusted returns fully aligned with our client-centric priorities. The team oversees capital planning, investment governance, booking strategy, transaction and portfolio structuring, and portfolio optimization across Global Markets, Investment & Corporate Banking, and infrastructure groups. The Director, Capital Allocation & Management helps lead the translation of CAM's capital and resource framework into financial decision-making, with a focus on consistent financial taxonomy, holistic return measurement, management of capital velocity, and regulatory optimization of capital, liquidity, and funding across Capital Markets. The role partners across Investment & Corporate Banking, Global Markets, Risk, Finance, Treasury, and Technology to design and execute optimization and structuring strategies that improve financial resource utilization, support strategic growth, enhance risk-adjusted returns, and increase transparency and alignment. This role provides advisory support to leadership and contributes materially to enterprise-level planning, portfolio analytics, and capital decisions.

Key Accountabilities

Strategic Resource Allocation Leadership

• Establish a consistent, risk-adjusted profitability measurement framework across Capital Markets to enable informed allocation, optimization, and structuring decisions across clients, sectors, products, and regions while maximizing tax efficiency.
• Develop a disciplined resource allocation and optimization framework aligned with enterprise risk appetite, capital and liquidity constraints, strategic objectives, and targeted balance sheet velocity.
• Identify and advise on capital optimization opportunities through booking strategy enhancements, transaction structuring, risk transfer, investment profile adjustments, and portfolio optimization.
• Evaluate the regulatory capital, liquidity, funding, tax, and credit portfolio implications of new products, market opportunities, and strategic initiatives, and recommend optimal structures and booking approaches.

CM Capital Planning, Governance & Strategic Regulatory Optimization

• Monitor regulatory, industry, and macroeconomic trends to assess capital impacts and identify proactive portfolio, structuring, and resource reallocation opportunities.
• Help support CM capital planning, investment governance, booking strategy, transaction structuring, capital velocity, and portfolio optimization activities across CM businesses with a strong focus on US growth.
• Develop a strong understanding of local regulatory, tax, funding, and legal constraints to support jurisdiction-level balance sheet optimization and effective structuring decisions.
• Align enterprise and business-level capital planning processes, partnering with Finance, Risk, Treasury, and the businesses to translate plans into measurable optimization and velocity actions.
• Optimize liquidity and funding outcomes across LCR, NSFR, funds transfer pricing, collateral, and encumbrance, aligning business mix with Treasury's funding strategy.
• Assess the impact of regulatory change (e.g., Basel III reforms, output floor, FRTB, SA-CCR) and jurisdiction-specific requirements and develop mitigation and positioning strategies.

Cross‑Functional Collaboration & Stakeholder Management

• Collaborate closely with Finance, Treasury, Risk, Global Markets, Investment & Corporate Banking, and Technology to strengthen governance and align capital velocity, optimization, and structuring priorities across stakeholders.
• Influence booking model decisions, investment prioritization, transaction structuring, distribution strategies, and structural optimization.
• Build trusted, collaborative relationships with the Front Office to embed capital discipline, optimization, and velocity considerations in portfolio decisions.
• Provide actionable insights and reporting on returns, resource consumption, optimization opportunities, and capital velocity to enhance strategic decision‑making at the CM level.

Leadership

• Demonstrate BMO's Winning Culture behaviours including Alignment, Accountability and Recognition.
• Support transformation efforts that enhance transparency, capital efficiency, balance sheet velocity, structuring effectiveness, and decision quality across Capital Markets.

Qualifications

Education

• Undergraduate degree in Finance, Economics, Engineering, Accounting, or a quantitative field required; MBA, CFA, or equivalent advanced credential preferred.

Experience

• 8-10+ years in capital markets, corporate banking, credit portfolio management, treasury, balance sheet management, transaction structuring, distribution, or risk management.
• Experience with capital allocation, ROE optimization, capital velocity, credit portfolio management, regulatory capital, liquidity and funding optimization, booking models, and structuring solutions.
• Demonstrated ability to collaborate with stakeholders and lead cross functional initiatives.

Skills

• Expert analytical, financial modeling, structuring, optimization, and risk assessment capabilities, with deep knowledge of OSFI and global regulatory capital, liquidity, and funding frameworks.
• Exceptional stakeholder management, communication, and influence skills.
• Strong strategic and structuring orientation, with the ability to translate complex and interdependent capital, liquidity, tax, risk, and business considerations into executable solutions.
• Proven ability to lead governance, optimization, and process enhancements through influence and to mobilize cross‑functional teams around measurable outcomes.

Please note the base salary for this role is $175,000 CAD.

Salary

$85,500.00 - $185,000.00

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.

• health insurance
• tuition reimbursement
• accident and life insurance
• 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.