BMO U.S. · 18 hours ago
Portfolio Manager
Barrington, IL
Full-time
Onsite
Mid, Senior Level
$74K/yr - $138K/yr
5+ years expBMO U.S. is focused on creating lasting, positive change for customers and communities. The Portfolio Manager is responsible for providing high-quality sales and service to investment clients, developing investment proposals, and collaborating with the regional team to ensure compliance and optimal portfolio management.
Banking
Responsibilities
Develops investment proposals and participates in meetings with prospects/clients
Develops investment plan for clients and/or prospects using trading, liquidity, hedging and/or tax strategies
Produces client reports based on analysis of client-specific investment data
Provides guidance to the relationship manager on portfolio management issues
Evaluates investment markets, portfolio characteristics and investment manager performance
Reviews and reports on the economy, stock/bond market performances, economic trends and changes in regulations affecting investments
Consults portfolio managers and relationship managers in the development of optimal portfolios for prospective and existing clients
Performs asset allocation studies and recommends changes allocation strategies
Assists in the development of strategic plans
Identifies emerging issues and trends to inform decision-making
Helps determine business priorities and best sequence for execution of business/group strategy
Conducts independent analysis and assessment to resolve strategic issues
Supports the execution of strategic initiatives in collaboration with internal and external stakeholders
Acts as liaison between trading desks to assist clients with specialized equity needs including management of concentrated positions and hedging strategies
Collects data needed for quarterly performance reporting and analyzes the performance of each mandate on the platform
Develops and recommends model portfolios based on the statistical evaluation of risk, return, and correlations
Monitors and tracks performance, and addresses any issues
Designs and produces regular and ad-hoc reports, and dashboards
Uses models to structure a portfolio based on specific criteria
Prepares spreadsheets and reports with information about performance information, portfolio summaries, asset allocation targets, etc
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
Leads or participates in defining the communication plan designed to positively influence or change behaviour; develops tailored messaging; and identifies appropriate distribution channels
Oversees assigned accounts in accordance with internal procedures and policies
Makes recommendations regarding the maintenance and implementation of the supervisory system for managed accounts
Provides input into the planning and implementation of operational programs
Leads/participates in the design, implementation and management of core business/group processes
Develops and manages a business/group program
Reviews the program for effectiveness, considers industry trends and recommends enhancements; makes changes as required
Identifies business needs, designs/develops tools and training programs; may include delivery of training to audiences
Performs sales & service support activities as required to meet client needs and maintain overall service levels
Provides administrative support to team members and relationship managers that includes regular communication with clients, investigating and responding to customer inquiries, preparing customized client reports, implementing portfolio re-optimizations, and verifying performance measurement reports
Meets high-quality service standards to maximize relationship retention and growth
Develops rapport and instills confidence with the client to develop credibility and earn their trust
Builds effective relationships with internal/external stakeholders
Ensures alignment between stakeholders
Follows through on the risk and compliance processes and policies to ensure we safeguard our customers’ assets, maintain their privacy, act in their best interests, and ensures an effectively run function
Protects the Bank's assets and complies with all regulatory, legal and ethical requirements
Focus is primarily on business/group within BMO; may have broader, enterprise-wide focus
Provides specialized consulting, analytical and technical support
Exercises judgment to identify, diagnose, and solve problems within given rules
Works independently and regularly handles non-routine situations
Broader work or accountabilities may be assigned as needed
Qualification
Required
Typically between 5 - 7 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience
In-depth understanding of portfolio management principles and asset mix determination
In-depth knowledge of equity and fixed income markets
In-depth understanding of tax-related issues affecting investments
In-depth knowledge of the regulatory environment
Proficiency with investment management software
Deep knowledge and technical proficiency gained through extensive education and 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
Preferred
MBA or Finance certification preferred
Benefits
Health insurance
Tuition reimbursement
Accident and life insurance
Retirement savings plans
Company
BMO U.S.
We’re a bank, but there’s more to it than that. We're a top ten bank in North America and have been serving our customers since 1817.
5001-10000 employees
H1B Sponsorship
BMO U.S. has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (1)
2024 (11)
2023 (41)
2022 (22)
2021 (14)
2020 (21)
Funding
Current Stage
Late StageLeadership Team
Mike Morton
Vice Chair U.S. Commercial Banking
Recent News
2025-10-16
2025-09-23
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