Director of Model Management at Bank of Montreal

Chicago, Illinois, United States -

Full Time

Start Date

Immediate

Expiry Date

10 Jul, 26

Salary

247000.0

Posted On

11 Apr, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Model management, Investment strategy, Portfolio management, Equity analysis, Risk reporting, Performance reporting, Quantitative analysis, Bloomberg, FactSet, Morningstar, Microsoft productivity tools, Communication skills, Problem solving, Collaboration, Data-driven decision making, Asset allocation

Industry

Financial Services

Description

Application Deadline: 04/18/2026 Address: 320 S Canal Street Job Family Group: Customer Solutions Oversees BMO's centralized investment models (multi-asset, equity, etc.), alongside the necessary investment/portfolio strategy development and communications. Manages equity separately managed accounts (SMAs) and multi-asset models (trade implementation, rebalancing, etc.) Oversees risk/performance reporting Authors model positioning and performance commentary Coordinates between Investment Strategy - Portfolio Strategist and Investment Strategist teams on investment strategy and portfolio analysis Member of working groups tasked with multi-asset portfolio positioning (Capital Market Assumptions Working Group, Asset Allocation Working Group, Support Portfolio Working Group and Investment Strategy Implementation Working Group). Qualifications: Seasoned professional with a combination of education, experience and industry knowledge - specifically, 10+ years of model management experience with a 4-year college degree (MBA welcomed, not required) CFA mandatory (CAIA/other accreditations welcomed, not required) Strong investment, quantitative and portfolio management acumen Process-oriented, showing strong attention to detail Bloomberg/FactSet/Morningstar knowledge/experience Microsoft productivity-tool proficiency Verbal & written communication skills - In-depth / Expert Analytical and problem solving skills - In-depth / Expert Collaboration & team skills - In-depth / Expert Data-driven decision making - In-depth / Expert Salary: $132,600.00 - $247,000.00 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. 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 http://jobs.bmo.com/us/en BMO is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristics. We also consider applicants with criminal histories, consistent with applicable federal, state and local law. BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to BMOCareers.Support@bmo.com and let us know the nature of your request and your contact information. 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. BMO 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. Who we are 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.

Responsibilities

The Director of Model Management oversees centralized investment models, including multi-asset and equity strategies, while managing trade implementation and rebalancing for SMAs. They are responsible for risk and performance reporting and coordinate with investment strategy teams to ensure effective portfolio positioning.