Business Consultant (Technology / Commercial Banking)

Application Deadline: 05/09/2024 Address: 33 Dundas Street West Job Family Group: Technology Job Description Provides management consulting services and technology/industry expertise in support of Commercial Banking Technology. Managing Pre-Initiation stage of the projects. Identifying problems or working on problems to bring in solutions. Work on opportunity statements and write use cases. The consultant must have the ability to understand the current state and future state of the business process. Also, understanding the current state technology flow and impact analysis. Having technical background to work with Solution Architects to come out with solution options. To be able to identify business capabilities and work with impacted teams to gather estimation for each capability. Must be able to present solutions regarding the estimations to business partners. Work on transition to project mode when approved. Work closely with business partners & other stakeholders to understand / derive the problem & opportunity statements and help to define key user stories to be addressed. Help business partners to prioritize requirements and identify the scope for Minimum Viable Product (MVP). Work with Solution Architects & Technology teams to arrive at solution(s) that would address all the requirements. Compare pros and cons of each solution option and support in choosing one solution over the other. Work with all impacted systems/teams to explain the requirement & solution to gather effort & cost estimations. Consolidate estimations gathered from all impacted teams and document them. Review the estimations and publish them. Builds exceptional relationships with business partners and internal stakeholders. Elicits requirements and analyzes feasibility to ensure solutions/initiatives achieve the expected business outcomes. Develops informative, coherent, and usable project documents (project artifacts) for multiple stakeholders covering functional and non-functional business requirements. Applies depth of domain & functional expertise for the assigned portfolio to drive the expected business value. Breaks down strategic problems, and analyses data and information to provide insights and recommendations. 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. Qualifications: Analytical and problem-solving skills. Digital Fluency. Verbal & written communication skills. Collaboration & team skills. Systems Thinking. Business & System architecture frameworks. Business requirements definition and analysis. Stakeholder Analysis and Management. Process improvement and optimization. Application functional design. Functional / Technical Analysis. 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. Deep knowledge and technical proficiency gained through extensive education and business experience. Compensation and Benefits: $74,800.00 - $138,600.00 Pay Type: Salaried The above represents BMO Financial Groups 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 Groups expected target for the first year in this position. BMO Financial Groups 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 Were here to help 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. Well 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, well 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 others 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. BMO is a leading bank driven by a single purpose: to Boldly Grow the Good in business and life. Everywhere we do business, were focused on building, investing and transforming how we work to drive performance and continue growing the good. Who we are Were proud to be fueling growth and expanding possibilities for individuals, families and businesses. More than 12 million customers count on us for personal and commercial banking, wealth management and investment services. As the 8th largest bank in North America by assets, we provide personal and commercial banking, wealth management and investment services to more than 12 million customers. In Canada, the United States and across the globe, well continue to build, invest and transform to drive performance that serves the good that grows.