Managing Director, Private Equity Funds

BMO•Chicago, IL

1d•Onsite

About The Position

The Managing Director of Private Equity is a senior member of BMO’s Community Capital Solutions (CCS) team, which invests the Bank’s balance sheet in Private Equity Funds with a Small Business Investment Company (SBIC) license from the U.S. Small Business Administration. The private equity funds are managed by financial sponsors that invest in lower middle market companies across the United States. The Managing Director leads day‑to‑day value creation on a portfolio of LP investments, drives portfolio‑level performance, and mentors junior team members while partnering closely with sponsors and internal stakeholders at BMO Commercial, BMO Capital Markets and Community Reinvestment Act (CRA) Governance. All investments support BMO's CRA objectives. The Managing Director fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behaviors in all that they do.

Requirements

10+ years in investing/finance roles, including specific experience with investing in SBIC Funds, as a limited partner
Business degree (BCom/MBA); CFA/AACI/CPA assets
Experience with leading and mentoring Analysts/Associates, demonstrating a “player‑coach” mentality
Demonstrates the ability to drive a positive work-place culture
Exceptional Excel/PPT; able to step in and perform individual analysis when required
High detail orientation and organizational excellence
Use strong interpersonal skillset to form positive internal and external working relationships
Ability to work both independently and as a team member
Strong communication and modeling review capability
Excellent leadership skills
Adoption of AI tools for the workplace
Time management skills: 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: In-depth

Nice To Haves

In-depth development knowledge would be a strong asset

Responsibilities

Own accountability for 40+ LP investment files as the primary point person; set the agenda with partners and drive outcomes on complex situations.
Coordinate execution for acquisitions, dispositions, refinancing, and other strategic initiatives related to assigned files
Track carrying values, exposure and oversee risk analysis required to prepare decision-ready updates
Manage pipeline of new investments
Serve on limited partner advisory committees for private equity funds in the CCS portfolio
Co-lead file completion and documentation
Present investment/monitoring materials to committees
Prepare and review portfolio forecasts, dashboards and recurring performance materials
Oversee quarterly reporting and valuation for portfolio
Synthesize insights for BMO senior stakeholders
Work alongside BMO Commercial, BMO Capital Markets Legal, Tax, Finance, Risk and Accounting Policy
Maintain oversight of project bank accounts and process capital calls
Complete preliminary due diligence new opportunities
Responsible for preparing select investment recommendations to the Investment Committee
Broader work or accountabilities may be assigned as needed