US Physical Channels Market Analyst
VIRTUAL(R)13 - HomeRes - IL
Application Deadline:
10/30/2024Address:
VIRTUAL(R)13 - HomeRes - ILJob Family Group:
Customer SolutionsMarket Analyst – Physical Channels
In this role, you will collaborate with Retail, Corporate Real Estate (CRE), and Channels management on branch network opportunities, conduct research and analysis, and provide data and network analysis to create an effective and profitable branch distribution network. Work across BMO to deliver market and project/program data and mapping to enhance and support branch network analysis. Engage with leadership and business partners to support the development, management, and implementation of the network wide roadmap projects from inception through disposition.
Key Responsibilities
- Provide market and branch data from both internal and external sources to support branch, ATM, Market, and network analysis.
- Source data both internal and external to enhance current analysis to produce a stronger more competitive branch network
- Create custom maps to support network, market and competitor analysis and decisioning.
- Provide market insights and recommendations on potential markets, branch/ATM sites under consideration
- Network and collaborate with leaders in Retail, CRE and other lines of business to provide a comprehensive market analysis for all branch projects (denovo, relocation, renovation, refresh and closures)
- Build effective relationships with internal/external partners and stakeholders.
- Build/design input and data collection for project analysis
- Conduct research/data analysis/implementation for branch network-based projects.
- Assists in the development of project analysis and related business cases for branch network projects.
- Play a role in developing, maintaining, and executing the multi-year US branch network roadmap
- Identifies emerging trends to inform decision-making.
- Conducts analysis required to inform recommendations and considers the “big picture” when assessing whether a course of action is advisable in terms of the group and enterprise goals.
- Engages in branch network market tour orchestration to provide team insights on existing branch network and new branch opportunities.
- Collaborates with internal & external stakeholders to provide market context in the develop and implementation of programs & solutions.
- Exercises judgment to identify, diagnose, and solve problems within given rules.
- Works independently and regularly handles non-routine situations.
Qualifications:
- Typically, between 4 - 6 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
- Experience with ArcGIS (by ESRI) for mapping
- Intermediate knowledge of SQL
- Strong communication, presentation, and organizational skills.
- Strong collaborator with analytical and problem-solving skills for data driven decision making.
Defines and implements the product development, sales, and marketing strategy for an Investment product or product portfolio, with P&L (profit and loss) accountability. Conducts market research, forecasting, pricing, and competitive analysis. Innovates to develop new products and enhancements to existing ones to improve the customer experience. Collaborates with internal partners across the organization to take products to market, and manages all risks associated with products to ensure compliance, including risk reporting.
- Designs and produces regular and ad-hoc reports, and dashboards.
- Participates in and evaluates market research and competitive analysis associated with assigned products.
- Gathers customer and sales feedback and performs analysis of issues.
- Completes internal and regulatory reporting.
- Defines and implements product strategy for an individual product or product portfolio.
- Drives the business case and strategic roadmap for products and services, including accountability for project and budget approval.
- Optimizes the financial performance and customer value of the product portfolio.
- Continuously improves processes to identify issues and deliver optimal customer experience.
- Works with internal stakeholders to develop materials and training for salesforce, and manages changes.
- May support the sales team in development of specific deals for customers and in client presentations.
- Develops and maintains relationships with external partners and vendors.
- Sets and/or operates within product risk parameters and metrics.
- Conduct risk/reward and other analyses, and drafts product policies and related documents.
- Focus is primarily on business/group within BMO; may have broader, enterprise-wide focus.
- Exercises judgment to identify, diagnose, and solve problems within given rules.
- Works independently on a range of complex tasks, which may include unique situations.
- Broader work or accountabilities may be assigned as needed.
Qualifications:
- Typically between 4 - 6 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
- Established track record of providing strong investment performance and effective risk management.
- Completion of relevant investments certification.
- Experienced understanding of business line and a basic understanding of the overall firm.
- Experienced understanding of specialized discipline.
- Technical proficiency gained through education and/or business experience.
- Verbal & written communication skills - In-depth.
- Collaboration & team skills - In-depth.
- Analytical and problem solving skills - In-depth.
- Influence skills - In-depth.
- Data driven decision making - In-depth.
Salary:
$61,600.00 - $114,400.00Pay 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-Rewards
We’re here to help
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 committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. BMO is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law. 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.
ApplyJob Profile
Accident and life insurance Coaching Discretionary bonuses Health insurance In-depth training Life Insurance Manager support Network-building opportunities Other perks Other perks and rewards Performance-based incentives Retirement savings Retirement savings plans Total compensation package Training Tuition reimbursement
Tasks- Collaborate with stakeholders
- Compliance
- Conduct market analysis
- Conduct research and analysis
- Create custom maps
- Data Analysis
- Develop project analysis
- Ensure compliance
- Problem solving
- Provide data insights
- Reporting
- Risk Management
- Solve problems
Analytical ArcGIS Coaching Collaboration Communication Compliance Customer Experience Customer solutions Data analysis Decision making Influence Leadership Mapping Market Analysis Marketing Market Research Organization Organizational Presentation Problem-solving R Regulatory Reporting Research Risk Management Sales Salesforce Service SQL Strategy Team Training Verbal & Written Communication Written communication
Experience5 years
EducationBusiness Degree Post-Secondary Degree
TimezonesAmerica/Anchorage America/Chicago America/Denver America/Los_Angeles America/New_York Pacific/Honolulu UTC-10 UTC-5 UTC-6 UTC-7 UTC-8 UTC-9