Senior Project Manager - (Technology / Financial Services / Payments)

BMO

Jul 5, 2024

Applications are closed

Job
Full-time
Expert Level
Banking & Finance
Business, Operations & Strategy
$84K - $156K
Toronto

Requirements

Typically 10+ years of relevant experience in related field
Project management experience – 6 to 8 years.
Valid PMP designation from the Project Management Institute (PMI) is an asset.
Entrepreneurial skills – In-depth.
Judgement skills – In-depth.
Learning agility – In-depth.
Stakeholder management – Expert.
Able to navigates challenging situations effectively.
Able to apply project management methodologies or approaches.
Able to manage project and business risks, including project interdependencies.
Able to resolve project issues effectively.
Seasoned professional with a combination of education, experience and industry knowledge.
Verbal & written communication skills - In-depth / Expert.
Analytical and problem solving skills - In-depth / Expert.
Influence skills - In-depth / Expert.
Collaboration & team skills; with a focus on cross-group collaboration - In-depth / Expert.
Able to manage ambiguity.
Data driven decision making - In-depth / Expert.

Responsibilities

Leads assigned projects from project initiation to implementation to achieve desired business results. Ensures that a successful business outcome is the prime measure of project success including delivering projects on time, within budget, within quality standards and to the satisfaction of the project sponsor.
Drives to mitigate execution risk to achieve the desired business outcomes. Understands the business/group and facilitates communication with other program/project managers and stakeholders efficiently and effectively.
Directs, manages, and coordinates team members including other project managers, business and technology resources, user groups, internal and external consultants and contractors, as well as vendors and external regulatory organizations.
Provides strategic input into business decisions as a trusted advisor.
May network with industry contacts to gain competitive insights and best practices.
Influences and negotiates to achieve business objectives.
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.
Acts as the prime subject matter expert for internal/external stakeholders.
Manages/validates financial forecasts and conducts ongoing reconciliation.
Breaks down strategic problems, and analyses data and information to provide insights and recommendations.
Monitors and tracks performance, and addresses any issues.
Designs and produces regular and ad-hoc reports, and dashboards.
Socializes change management plans with stakeholders and consistently measures project effectiveness and adoption.
Directs complex initiatives typically involving multiple business units.
Exercises direct accountability for projects with up to 50 team members
Negotiates complex contracts with external vendors (in consultation with Strategic Sourcing) to ensure receipt of specific resources and materials
Takes ownership of the project from cradle to grave and ensures all project artifacts are completed.
Manages overall project budget.
Provides guidance to the project sponsor on the implementation and sustainment of projects, resulting in successful project outcomes.
Manages all aspects of the project lifecycle, including business, operational and technology deliverables. Ensures all project processes are completed.
Ensures change management plans are developed, socialized and consistently measured to deliver the expected project benefits and adoption.
Executes project requirements in governance frameworks focused on risk appetite, regulatory and compliance standards.
Develops all related project management artifacts, while complying with applicable enterprise standards
Monitors and controls project deliverables. Makes recommendations and adjustments to the overall project plan to achieve deliverables,
Provides project sponsor with advice on the viability of the business case (costs, benefits, KPIs, etc.) throughout the project.
Understands project interdependencies and demonstrates critical thinking that proactively identifies project risks and establishes effective risk mitigation from the outset.
Demonstrates stakeholder partnership that involves effective communicating with the project sponsor; gains and builds trust and rapport.
Demonstrates ownership and commitment by holding themselves accountable for the identification and resolution of project problems.
Leads and/or represents the project in project team meetings, governance forums and inter-department forums.
Adheres to Bank risk, regulatory and compliance controls.
Operates at a group/enterprise-wide level and serves as a specialist resource to senior leaders and stakeholders.
Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to problems that can be complex and non-routine.
Implements changes in response to shifting trends.
Broader work or accountabilities may be assigned as needed.

FAQs

What is the primary responsibility of the Senior Project Manager?

The primary responsibility of the Senior Project Manager is to lead assigned projects from initiation to implementation, ensuring successful business outcomes by delivering projects on time, within budget, and to the satisfaction of the project sponsor.

What experience is required for this position?

Typically, 10+ years of relevant experience in the field is required, with 6 to 8 years specifically in project management.

Is a PMP designation necessary for this role?

A valid PMP designation from the Project Management Institute (PMI) is considered an asset but not mandatory.

What skills are emphasized for this position?

The position emphasizes the following skills: entrepreneurial skills, judgment skills, learning agility, stakeholder management, project management methodologies, risk management, communication skills, analytical and problem-solving skills, influence skills, collaboration, and data-driven decision-making.

What kind of projects will the Senior Project Manager handle?

The Senior Project Manager will handle projects within the Payments PMO, particularly focusing on Payments modernization initiatives in Canada.

How many team members may the Senior Project Manager oversee?

The Senior Project Manager may lead projects involving up to 50 team members.

How does this position contribute to strategic planning?

The Senior Project Manager provides strategic input into business decisions as a trusted advisor and assists in developing strategic plans while identifying emerging issues and trends to inform decision-making.

Will the Senior Project Manager be involved in change management?

Yes, the Senior Project Manager will design and implement change management plans, socializing them with stakeholders and measuring project effectiveness and adoption.

What is the salary range for this position?

The salary for this position ranges from $84,000.00 to $156,000.00.

What qualifications are preferred for handling complex projects?

The preferred qualifications include seasoned expertise with a combination of education, experience, and industry knowledge, particularly in managing project interdependencies and resolving project issues effectively.

How does the role interface with external vendors?

The Senior Project Manager will negotiate complex contracts with external vendors, ensuring the receipt of specific resources and materials in consultation with Strategic Sourcing.

BMO

Finance

Industry

10,001+

Employees

1817

Founded Year

Mission & Purpose

At BMO, banking is our personal commitment to helping people at every stage of their financial lives. The truth is, people’s needs change: so we change too. But we never change who we are. Which means we’ll never waiver from providing our customers the best possible banking experience in the industry. Our incredible team of over 46,000 people is just the tip of the iceberg. You should get to know us. We’re here to help.