VP, Alternatives Partnerships, Global Asset Management

Address:

The successful candidate will supporting the execution of new alternatives investment fund products and deals, and the development and ongoing oversight of existing alternatives investment products. The role sits within the Alternatives business of an established asset manager which is focused on manufacturing and distributing institutional quality Alternatives investment products for the private wealth market.

Alternative Investments | BMO Global Asset Management

The role is geared for a highly motivated self-starter with a deal-maker’s mentality, unafraid to jump on challenges, likely with proven success in one of the Alternatives investments space, Investment Banking or Management Consulting. Primary responsibilities are (1) diligence and assess potential partnerships with leading global alternatives investment fund managers (2) diligence “deal” opportunities (3) execution of new investment funds/products (4) ongoing diligence, monitoring, reporting, and valuations of existing funds and deals. Must have excellent modelling and presentation skills, and be willing to problem-solve.

ACCOUNTABILITIES

A. Diligence / Analysis

• Work closely with the Head of Alternatives Partnerships
• Drive financial and key investment factor analyses to support investment decisions; possible investments include those in funds, fund managers, and direct private equity / merchant banking style.
• Manager Selection: Diligence of investment manager and fund track records and competitive analyses
• Prepare investment summaries and due diligence reports
• Conduct monitoring, reporting, and valuations of partnerships and deals and preparing associated reports
• Will involve interacting with internal and external parties as part of processes to support the above (e.g., external alternatives managers, investment targets, and finance, legal, valuation, tax, and accounting professionals)
• Accountable to achieve defined team goals / targets

B. New Product Execution

• Work closely with the Alternatives team across investments, distribution, operations, legal, and tax to ensure that new products are successfully executed through key governance processes on a timely basis
• Support new product introductions through bespoke analysis and supporting the production of key fund and marketing materials
• Identify key trends in the market to generate ideas that will appeal to investor clients
• Drive continuous improvement of key new product processes to compress time to market while maintaining a high level of quality

C. Existing Product Oversight

• Assess how new and existing products work together for a balanced product offering
• Review existing product shelf to refine product strategy and distribution to ensure market competitiveness
• Leadership role in ongoing diligence, monitoring, reporting, and valuations of existing alternatives and private markets funds
• Support existing product iterations, and investor presentations
• Able to act as subject matter expert for alternatives funds facing sales and distribution teams, and investors across private wealth, family offices and institutional
• Drive continuous improvement of existing products

KNOWLEDGE AND SKILLS

Knowledge:

• 9+ years of experience in Alternatives, Investment Banking, or Management Consulting
• Experience conducting deal and investment fund manager due diligence
• Knowledge of Alternatives investment products across private markets and hedge fund strategies
• Post secondary education in Business, Finance or quantitative field
  

Strong Assets:

• MBA, Law Degree, CAIA and/or CFA in progress or completed is an asset
• Experience with systems such as Morningstar, Preqin, Pitchbook, iCapital, and Bloomberg

Skills:

• Analytical and problem solving skills - In-depth / Expert
• Data driven decision making - In-depth / Expert
• Financial Modelling and Analysis - In-depth / Expert
• Investment memo and presentation preparation - In-depth / Expert
• Investor presentation / deck preparation - In-depth / Expert
• Collaboration & team skills; with a focus on cross-group collaboration - In-depth / Expert
• Written communication, including advanced PowerPoint skill (In-depth)
• Able to manage ambiguity
• Business Acumen (In-depth)
• Negotiation (In-depth)
• Environmental Understanding (In-depth)

The above represents BMO Financial Group’s pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.

BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards

About Us

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one - for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset.

To find out more visit us at https://jobs.bmo.com/ca/en.

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.