Private Banking Officer - Sales, Private Wealth

Bank of Montreal; Saint John; On-site; CAD 60,000 - 6,750,000; Full time

Job summary

A financial institution is seeking an experienced professional to support exceptional customer experiences for private banking clients. You will be responsible for identifying client needs, ensuring compliance, and providing superior service. The ideal candidate has 2-3 years of experience in finance, excellent communication skills, and a commitment to teamwork. A post-secondary degree in a related field is desirable. This role offers competitive salary and benefits.

Benefits

Health insurance

Tuition reimbursement

Retirement savings plans

Performance-based incentives

Qualifications

• Typically 2-3 years of relevant experience in finance or banking.
• Must meet licensing and certification requirements for the branch.
• Basic knowledge of lending processes and related documentation.

Responsibilities

• Prepare business proposals or presentations for clients.
• Identify customer needs and recommend appropriate products.
• Analyze data to provide insights and recommendations.
• Ensure compliance with banking regulations and policies.

Skills

Verbal & written communication skills

Organization skills

Collaboration & team skills

Analytical and problem solving skills

Education

Post-secondary degree in related field or equivalent experience

Job description

Application Deadline

10 / 03 / 2025

Address

2 King Street

Job Family Group

Wealth Sales & Service

Job Overview

Supports the delivery of an exceptional customer experience to private banking clients. Provides a superior level of courteous knowledgeable and professional service to all existing and potential clients displaying a comprehensive knowledge of products. Recognizes the appropriate time to proactively identify and discuss clients needs and works collaboratively with the branch and regional teams to identify and make referrals. Ensures compliance and operational effectiveness.

Responsibilities

• Assists in preparing new business proposals or presentations to clients / prospects.
• Identifies customer needs and matches with appropriate products or services using relationship selling techniques including making referrals to other BMO employees.
• Identifies and recommends workflow process alternatives that can lead to improved efficiency and service levels.
• Determines client needs and ensures timely and accurate completion of transaction processing.
• Takes ownership of client inquiries / concerns / complaints ensuring timely resolution and referring as appropriate.
• Maintains detailed knowledge and understanding of integrated private banking services and offerings as well as a detailed understanding of the strategic direction of the business.
• Collaborates with internal and external stakeholders in order to deliver on business objectives.
• Analyzes data and information to provide insights and recommendations.
• Reviews overdraft and other monitoring reports with Private Banker and actions accordingly.
• Strives to exceed client service standards to maximize relationship retention and growth.
• Develops rapport and instills confidence with the client to develop credibility and earn their trust.
• Provides timely accurate service and support to Private Bankers by completing a wide variety of credit non-credit and related activities.
• Adheres to all banking investment and lending regulations Policies and Procedures legal and ethical requirements process requirements bank guidelines and established risk guidelines.
• Follows security and safeguarding procedures and applies appropriate due diligence for the prevention of loss due to fraud counterfeiting money laundering or defalcation in accordance with Bank policy.
• Participates in audits and compliance reviews as assigned.
• Identifies and escalates all irregularities and discrepancies to management.
• Completes complex & diverse tasks within given rules / limits and may include handling escalations from other employees.
• Analyzes issues and determines next steps.
• Broader work or accountabilities may be assigned as needed.

Qualifications

• Typically between 2 3 years of relevant experience and post-secondary degree in related field of study desirable or an equivalent combination of education and experience.
• Must meet the licensing and certification requirements for the team / branch / jurisdiction where the mandate is being fulfilled.
• Working knowledge of personal (primarily) and commercial credit and non-credit products monitoring / operational processes and applications.
• Basic knowledge of the Lending Process and supporting policies.
• Basic knowledge of loan and security documentation including registration and renewal routine.
• Specialized knowledge.
• Verbal & written communication skills - Good.
• Organization skills - Good.
• Collaboration & team skills - Good.
• Analytical and problem solving skills - Good.

Salary & Compensation

Salary: $- $6750000

Pay Type: Salaried

The above represents BMO Financial Group’s pay range and type.

Benefits & Perks

BMO Financial Groups 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: Us

Accommodations

To request accommodation please contact your recruiter.