BMO Financial Group Director of Climate Change, Responsible Investment in Toronto, Ontario
100 King Street West
Job Family Group:
BMO GAM’s Responsible Investment team oversees the firm’s ESG initiatives and supports all investment teams in integrating ESG considerations into the investment process. In addition to supporting investment processes, the team owns and executes on BMO GAM’s firm wide commitments to responsible investment, develops thought leadership on emerging ESG topics and employs a progressive approach to active ownership activities. The team works with both internal and external stakeholders across all sales channels in both asset management and the wider wealth businesses.
The Director of Climate Change, Responsible Investment conducts investment research to support portfolio and business objectives and the development of new investment strategies. Works closely with Portfolio Managers and the portfolio management team to capture research in the portfolio management process.
Work with portfolio managers to support the integration of material climate risks and opportunities in the investment analysis process across asset classes
Recommend and help coordinate transparent reporting on climate risk metrics across all funds (e.g. portfolio weighted carbon intensity)
Spearhead BMO’s representation and implementation of the Net Zero Asset Managers Initiative including making top-down recommendations about data providers, measurement, goal-setting, implementation and tracking progress.
Coordinate with operations and investment to integrate TCFD recommendations for asset managers including climate related stress testing and scenario analysis
Support public policy submissions on climate change on behalf of the asset management business
Represent BMO GAM on climate-related collaborative investor initiatives by leading engagement dialogues with investee companies represented in our client portfolios
Recommend amendments to our corporate governance guidelines related to climate change to inform proxy voting strategy
Contribute to product development across asset classes by conducting research and working with product and investment teams to create climate-related investment parameters
Research and write industry leading thought leadership pieces on emerging climate change themes relevant to both institutional and retail investor audiences
Coordinate and align with BMO Financial Group on public commitments to climate change to ensure consistent and cohesive external messaging
Represent BMO GAM in the public domain on macro climate change issues including at industry conferences, media interviews and public articles and blogs
Customer Service Advisory
Provides strategic input into business decisions as a subject matter expert.
Makes recommendations to senior leaders on strategy and new initiatives, based on an in-depth understanding of the portfolio or investment sector
Acts as a subject matter expert on relevant regulations and policies.
Network with industry contacts to gain competitive insights and best practices.
Leads the team in planning, researching, testing, and presenting new investment strategies.
Presents results of group studies to a broad audience, both internally and externally as needed.
May generally, interact with large and complex clients, territories, issues and relationships.
Acts as the prime subject matter expert for internal/external stakeholders.
Strategy / Strategic Initiatives
- Leads the execution of strategic initiatives to deliver on business and financial goals.
Monitors and tracks performance and addresses any issues.
Designs and produces regular and ad-hoc reports, and dashboards.
Leads the execution of operational programs; assesses and adapts as needed to ensure quality of execution
Leads change management programs of varying scope and type, including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives.
At least 10 years of direct or relevant experience and post-secondary degree in related field of study or an equivalent combination of education, experience and advanced understanding of the functional area and the market, preferably in Asset Management
Experience working on climate related issues applied in an investment context (e.g. climate risk, climate scenario analysis and carbon accounting)
Experience using quantitative and qualitative climate data and the ability to translate complexities into concrete recommendations for investment decision-makers
Strong foundation in quantitative analysis, statistics, econometrics, modelling, and/or big data processing
In-depth organizational skills; strong attention to detail and risk
Data driven decision making - In-depth / Expert
In-depth / Expert analytical and interpretive skills; capable of sourcing and identifying pertinent factors from large volumes of information
Analytical and problem solving skills - In-depth / Expert
Verbal & written communication skills - In-depth / Expert.
Collaboration & team skills, with a focus on cross-group collaboration - In-depth / Expert
Influence skills - In-depth / Expert
Able to manage ambiguity
We’re 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. 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.
BMO Financial Group Serving customers for 200 years and counting, BMO is a highly diversified financial services provider – the 8th largest bank, by assets, in North America. With total assets of $728 billion as of October 31, 2018, and a team of diverse and highly engaged employees, BMO provides a broad range of personal and commercial banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, BMO Wealth Management and BMO Capital Markets.We serve Canadian clients through BMO Bank of Montreal®, our personal and commercial banking business, BMO Nesbitt Burns®*, one of Canada's leading wealth management firms, and BMO Capital Markets™, our North American investment and corporate banking division.In the United States, clients are served through BMO Harris Bank, a major U.S. Midwest personal and commercial bank, and BMO Private Bank, with wealth management offices across the United States, as well as BMO Capital Markets™, our North American investment and corporate banking division.We help our customers make money make sense by delivering the broadest range of financial services through a single point of contact. Our financial service professionals provide access to any services our customers require across the entire enterprise.