Vice President, Financial Institutions Group (FIG) Investment Banking - Life & Annuity

BMO•New York, NY

4d•Onsite

About The Position

BMO’s Financial Institutions Group (FIG) is hiring a Vice President to join its Insurance Investment Banking team in New York. You will provide a combination of deep insurance industry sector expertise, innovative thinking in a team-based approach and world class execution across a full suite of products to clients through an integrated Capital Markets platform using a sector ecosystem approach. Collaborates to generate creative, client-focused solutions to prospective and current clients.

Requirements

Minimum of 5 years of insurance M&A experience across investment banking, corporate development, and/or actuarial consulting roles
Exposure to, and/or a strong interest in, the U.S. life & annuity sector is preferred
Bachelor's degree in Finance, Economics, Business, or a related field, with an outstanding record of academic achievement.
Exceptional team player with a strong work ethic and ability to thrive in a fast-paced, dynamic environment
Detail oriented with strong analytical abilities
Deep, sophisticated understanding of accounting and finance
Excellent mathematical, written/verbal communication, and computer skills
Ability to manage expectations of senior bankers while working on multiple projects simultaneously
Effective leadership and coaching skills
Sound and professional judgement
SIE Exam, Series 79, and Series 63 must be acquired within 150 days of employment

Nice To Haves

MBA degree preferred but not required

Responsibilities

Participates in deal teams to develop, present, and win mandates for new opportunities
Creates pitch books for clients with respect to financial solutions and participates in client presentations
Monitors client, client industry, and regulatory agencies for potential changes that may impact client portfolio and business needs
Reviews and continually monitors performance of existing accounts and client relationships
Conducts due diligence (e.g., client visits, business model analysis, and comprehensive review of industry trends and related regulations)
Supports the execution of strategic initiatives in collaboration with internal and external stakeholders
Builds effective relationships with internal/external stakeholders
Generates updated financial models / analyses as dictated by business needs and industry requirements
Creates financial models to analyze client portfolios and anticipate client needs.
Applies appropriate technical concepts and completes/leads consistent and reliable technical and financial reports/analyses to support client deliverables
Understands the complexity of transactions and related risk (e.g., credit, market, operational, legal/compliance, etc.)
Provides direction and feedback to Analysts; accountable for development and mentoring of Analysts
Delivers financial modeling to support strategic recommendations to clients
Understands the complexity of transactions and related risks (credit, market, operational, legal/compliance, etc.)
Balances the Bank's risk appetite with client needs when making recommendations / proposals