Director, Capital Markets - Capital Allocation & Management

Bank of Montreal • New York, NY

2d

About The Position

BMO Capital Markets is a full-service financial services provider offering corporate and investment banking, treasury management, research, and advisory services. Its Capital Allocation & Management (CAM) function develops and implements strategies and policies to optimize financial resources, capital, liquidity, and funding; actively manage the credit portfolio; support differentiated structuring; drive profitable growth; and deliver disciplined, risk-adjusted returns. CAM oversees capital planning, investment governance, booking strategy, transaction and portfolio structuring, and portfolio optimization across Global Markets, Investment & Corporate Banking, and infrastructure groups.

The Director, Financial Resource and Risk Integration helps translate CAM's capital and resource framework into financial decision-making. The role focuses on consistent financial taxonomy, holistic return measurement, capital velocity, and regulatory optimization of capital, liquidity, and funding across Capital Markets. Working with Investment & Corporate Banking, Global Markets, Risk, Finance, Treasury, and Technology, the Director develops and executes optimization and structuring strategies to improve resource utilization, support strategic growth, enhance risk-adjusted returns, and strengthen transparency and alignment. The role advises leadership and contributes to enterprise planning, portfolio analytics, and capital decisions.

Requirements

• Undergraduate degree in Finance, Economics, Engineering, Accounting, or a quantitative field.
• 8–10+ years of experience in capital markets, corporate banking, credit portfolio management, treasury, balance sheet management, transaction structuring, distribution, or risk management.
• Experience with capital allocation, ROE optimization, capital velocity, credit portfolio management, regulatory capital, liquidity and funding optimization, booking models, and structuring solutions.
• Demonstrated ability to collaborate with stakeholders and lead cross-functional initiatives.
• Expert analytical, financial modeling, structuring, optimization, and risk assessment capabilities.
• Deep knowledge of OSFI and global regulatory capital, liquidity, and funding frameworks.
• Exceptional stakeholder management, communication, and influence skills.
• Ability to translate complex, interdependent capital, liquidity, tax, risk, and business considerations into executable solutions.
• Proven ability to lead governance, optimization, and process enhancements through influence and mobilize cross-functional teams around measurable outcomes.

Nice To Haves

• MBA, CFA, or equivalent advanced credential.

Responsibilities

• Establish a consistent, risk-adjusted profitability measurement framework across Capital Markets to support allocation, optimization, and structuring decisions across clients, sectors, products, and regions, while maximizing tax efficiency.
• Develop a disciplined resource allocation and optimization framework aligned with enterprise risk appetite, capital and liquidity constraints, strategic objectives, and balance sheet velocity targets.
• Identify and advise on capital optimization opportunities involving booking strategy, transaction structuring, risk transfer, investment profile adjustments, and portfolio optimization.
• Evaluate the regulatory capital, liquidity, funding, tax, and credit portfolio implications of new products, market opportunities, and strategic initiatives; recommend optimal structures and booking approaches.
• Monitor regulatory, industry, and macroeconomic trends to assess capital impacts and identify portfolio, structuring, and resource reallocation opportunities.
• Support Capital Markets capital planning, investment governance, booking strategy, transaction structuring, capital velocity, and portfolio optimization, with a focus on U.S. growth.
• Develop understanding of local regulatory, tax, funding, and legal constraints to support jurisdiction-level balance sheet optimization and structuring decisions.
• Align enterprise and business-level capital planning with Finance, Risk, Treasury, and business partners, translating plans into measurable optimization and velocity actions.
• Partner with R&CS to advise on capital-recycling portfolio actions, including hedging, credit protection, SRT and synthetic securitization, secondary sales, and partner distribution.
• Optimize liquidity and funding outcomes across LCR, NSFR, funds transfer pricing, collateral, and encumbrance, aligning business mix with Treasury's funding strategy.
• Assess regulatory changes, including Basel III reforms, the output floor, FRTB, and SA-CCR, as well as jurisdiction-specific requirements; develop mitigation and positioning strategies.
• Collaborate with Finance, Treasury, Risk, Global Markets, Investment & Corporate Banking, and Technology to strengthen governance and align capital velocity, optimization, and structuring priorities.
• Influence booking model decisions, investment prioritization, transaction structuring, distribution strategies, and structural optimization.
• Build collaborative relationships with the Front Office and embed capital discipline, optimization, and velocity considerations in portfolio decisions.
• Provide actionable reporting and insights on returns, resource consumption, optimization opportunities, and capital velocity to support Capital Markets strategic decisions.
• Demonstrate BMO's Winning Culture behaviours, including Alignment, Accountability, and Recognition.
• Support transformation efforts that improve transparency, capital efficiency, balance sheet velocity, structuring effectiveness, and decision quality across Capital Markets.

Benefits

• Health insurance
• Tuition reimbursement
• Accident and life insurance
• Retirement savings plans
• Performance-based incentives and discretionary bonuses may be included in total compensation.

What This Job Offers

• Job Type: Full-time
• Career Level: Director