Managed Accounts Supervision Specialist, Private Wealth

Bank of Montreal; Toronto; On-site; CAD 52,000 - 97,000; Full time

Benefits offered by this job

Health insurance

Tuition reimbursement

Retirement savings plan

Job summary

Bank of Montreal is seeking a Managed Accounts Supervision Specialist in Toronto with a focus on investment suitability and oversight of the Nesbitt Burns managed accounts. You will work with Directors and partners to review and supervise client accounts, KCY, and regulatory obligations, coaching branch teams on suitability matters.

Ideal candidates hold a CIM or CFA designation and have 3–5 years of experience in managed accounts, with strong Excel skills and a detail-oriented, collaborative

Qualifications

• CIM or CFA designation is required for supervision of managed accounts.
• Post-secondary education in a related field or equivalent experience.
• Strong analytical and data-driven decision making abilities.
• Ability to work independently with high attention to detail.

Responsibilities

• Perform suitability reviews of managed client accounts and agreements.
• Provide guidance to branch supervision on supervision issues and KYC.
• Support oversight and compliance with investment guidelines and regulatory obligations.
• Collaborate with internal stakeholders to improve processes and tooling.

Skills

CIM/CFA designation

MS Excel

Analytical skills

Independent worker

Communication skills

Education

Post-secondary education

Tools

MS Excel

Job description

Application Deadline:09/06/2026Address:100 King Street WestJob Family Group:Business ManagementBMO is a leading bank driven by a single purpose: to Boldly Grow the Good in business and life. Everywhere we do business, we’re focused on building, investing and transforming how we work to drive performance and continue growing the good.We’re proud to be fueling growth and expanding possibilities for individuals, families and businesses. More than 12 million customers count on us for personal and commercial banking, wealth management and investment services. As the 8th largest bank in North America by assets, we provide personal and commercial banking, wealth management and investment services to more than 12 million customers. In Canada, the United States and across the globe, we’ll continue to build, invest and transform to drive performance that serves the good that grows.Position: Managed Accounts Supervision SpecialistWorking with the Director, Portfolio Management Supervision, and other immediate team members, and internal partners, the successful candidate will focus on the investment suitability and oversight of BMO Nesbitt Burns Managed Account programs.The primary responsibilities for this role include, but are not limited to:Complete suitability reviews of new and updated Managed Client Account Agreements.Exercises judgment to identify, diagnose, and solve problems within given rules.Provides support and guidance to branch supervision employees on supervision issuesSupports Regional Supervision team with managed account KYC review monitoringSupport the team with quarterly oversight to ensure that each managed account conforms to the account’s Client Account Agreement (“CAA”) investment guidelines, managed account programs and regulatory obligations.Coordinate resolution of any issues identified as a part of the daily and quarterly oversight process and escalate issues where necessary.Act as a relationship manager with Branch Supervision and Investment Advisors/Portfolio Managers in coaching on various suitability related and oversight matters.Support branch supervision to ensure Client Account Agreements and Investment Policy Statements are reviewed and updated as required.Help facilitate responses to inquiries for internal and external audits in coordination with the Director, Portfolio Management Supervision.As a member of the broader Supervision, Support and Governance team you will need to support various broader initiatives from time to time.Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.Identifies business needs, designs/develops tools and training programs; may include delivery of training to audiences.Performs supervision activities to meet regulatory requirements and maintain service level standards.Builds effective relationships with internal stakeholders.Follows through on risk and supervision processes and policies to ensure we safeguard our customers’ assets, maintain their privacy, act in their best interests, and ensure an effectively run function.Protects the Bank's assets and complies with all regulatory, legal and ethical requirements.Identify and recommend process improvements.Qualifications:Chartered Investment Manager (CIM) or Chartered Financial Analyst (CFA) designation is required.Registered with CIRO as Supervisor responsible for supervision of managed accounts – or eligible to request registration.Minimum 3-5 years of experience with managed accountsPost-secondary education in related field of study or an equivalent combination of education and experience.Technical proficiency gained through education and/or business experience.Strong analytical skills in working with MS ExcelAbility to work independently and with minimal guidanceThorough and detail-orientedExcellent organizational, interpersonal, written and verbal skillsAbility to work under time constraints in high volume situationsFlexible, team playerGeneral knowledge of all supervision and industry regulationsVerbal & written communication skillsCollaboration & team skillsAnalytical and problem solving skillsInfluence skillsData driven decision making.While the primary location for the role is Toronto, there is flexibility to work form an office within other regions in Canada.This job posting is for a current vacancy.Salary :$52,300.00 - $96,600.00Pay Type:SalariedThe 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-RewardsAbout UsAt 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.