Business Banking Relationship Manager

BMO•Scottsdale, AZ

1d•Onsite

About The Position

Our Business Banking Relationship Manager cultivates, builds, and manages relationships with a portfolio of small business clients to build a pipeline of new business and increase BMO’s market share. This role applies professional consultative sales and business development practices and techniques for an assigned jurisdiction/portfolio, actively identifying opportunities and referring to BMO colleagues as appropriate. The manager proactively develops and executes sales strategies to attract new business clients and expand existing relationships, developing internal and external networks and referral sources to ensure ongoing growth. Key responsibilities include generating appointments, developing and executing a business plan for customer retention, identifying prospective customers, and cross-selling products and services. The role requires developing client rapport, understanding the local market, and building relationships with centres of influence. The manager delivers exceptional customer service, provides expertise, responsive service, and support, and maintains long-term profitable relationships to expand wallet share. They answer inquiries, provide accurate information about business banking products and services, understand customer needs, and offer financial solutions. The position involves resolving or escalating issues, developing solutions, making recommendations based on business strategy, and providing advice on solution implementation. It also includes breaking down strategic problems, analyzing data, monitoring performance, coordinating database management, and building change management plans. The role provides input into operational programs, executes timely and efficient service, and supports program development and promotion. Adherence to security and safeguarding procedures, maintaining confidentiality, and identifying and addressing risks are crucial. The focus is primarily on business/group within BMO, with potential for broader enterprise-wide focus, exercising judgment to solve complex problems independently.

Requirements

Typically between 4 - 6 years of relevant experience.
Post-secondary degree in related field of study or an equivalent combination of education and experience.
Strong financial analysis skills, with a demonstrated ability to interpret financial statements, assess creditworthiness, and provide actionable insights to drive business growth and mitigate risk.
Strong knowledge of business banking products, lending processes and loan documentation, and supporting policies, procedures, and technologies.
Strong experience with customer sales and service.
Technical proficiency gained through education and/or business experience.
In-depth 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.

Responsibilities

Cultivates, builds, and manages relationships with a portfolio of small business clients to build a pipeline of new business and increase BMO’s market share.
Applies professional consultative sales and business development practices and techniques for an assigned jurisdiction/portfolio.
Actively identifies opportunities and refers to BMO colleagues as appropriate.
Proactively develops and executes sales strategies to attract new business clients and expand existing relationships.
Develops internal and external networks and referral sources to ensure ongoing growth of BMO's business.
Generates appointments and opportunities to grow business results through targeted sales efforts.
Develops, maintains, and executes a business plan, including relationship management strategies, to achieve customer retention objectives.
Identifies prospective customers and cross-sells additional products and services to meet their needs.
Develops client rapport and instils confidence to develop credibility and earn their trust as relationship manager.
Understands the local market and proactively develops relationships with centres of influence.
Delivers exceptional customer service and builds trust by providing expertise, responsive service, and support.
Develops and maintains long-term profitable relationships and expands wallet share within the assigned portfolio.
Answers inquiries and provides accurate information about business banking products and services.
Understands customer needs and offers financial solutions that meet customer goals.
Resolves or escalates issues.
Develops solutions and makes recommendations based on an understanding of the business strategy and stakeholder needs.
Provides advice and guidance to assigned business/group on implementation of solutions.
Breaks down strategic problems, and analyses data and information to provide insights and recommendations.
Monitors and tracks performance, and addresses any issues.
Coordinates the management of databases; ensures alignment and integration of data in adherence with data governance standards.
Builds change management plans of varying scope and type; leads or participates in a variety of change management activities including readiness assessments, planning, stakeholder management, execution, evaluation, and sustainment of initiatives.
Provides input into the planning and implementation of operational programs.
Executes work to deliver timely, accurate, and efficient service.
Supports the development and promotion of a business/group program.
Follows security and safeguarding procedures and applies due diligence in accordance with Bank’s policies and ethical standards for the prevention of loss due to fraud, robbery, counterfeiting, money laundering, or defalcation.
Maintains the confidentiality of customer and Bank information in compliance with Bank policies and procedures.
Identifies risks and takes appropriate actions, including all documentation and other regulatory requirements to maintain operational integrity.
Exercises judgment to identify, diagnose, and solve problems within given rules.
Works independently on a range of complex tasks, which may include unique situations.