Managing Director, Head of Digital Innovation
Posted 4 days ago
Job Description
Application Deadline:
Address:
100 King Street West
Job Family Group:
Capital Mrkts Sales & Service
BMO Capital Markets is a leading, full-service North American-based financial services provider, with over 2,700 professionals in 30 locations around the world, including 20 offices in North America, offering corporate, institutional and government clients access to a complete range of investment and corporate banking products and services. BMO Capital Markets is a member of BMO Financial Group (NYSE, TSX: BMO), one of the largest diversified financial services providers in North America with US$1.0 trillion total assets and approximately 54,000 employees as of January 31, 2025.
About the Role
The Head of AI and Digital Innovation is a senior executive responsible for leading BMO Capital Markets' end-to-end AI and digital strategy. This role drives transformative client solutions, scales innovation across the business, and accelerates adoption of AI technologies to enable BMO Capital Markets to compete and thrive in a digital-first environment. The role is accountable for embedding AI-driven capabilities as core drivers of client value and revenue growth, with tangible commercial and measurable outcomes. Our Team The Data Cognition Team (DCT) delivers scalable, sustainable AI-driven solutions for multiple business units. We integrate cutting-edge technology with user-centered design principles to solve complex challenges in financial markets. Our mission is to create products that are powerful, intuitive, and aligned with client needs.
Key Responsibilities
• Define and execute the AI and digital innovation roadmap in alignment with Capital Markets' strategic priorities and enterprise objectives.
• Identify, prioritize, and deliver high-impact opportunities across front-office, middle-office, and client-facing functions.
• Champion the integration of AI into business processes to enhance performance, efficiency, and client experience.
• Oversee the development and commercialization of AI platforms and solutions, including algorithmic trading, predictive analytics, intelligent automation, and generative/agentic AI.
• Foster a culture of experimentation, continuous improvement, and responsible innovation across the organization.
• Lead organizational change initiatives to support AI adoption, including stakeholder alignment, process redesign, and cultural transformation.
• Serve as a key voice to the Executive Leadership Committee, translating AI strategy into business impact and fostering executive sponsorship.
• Communicate complex technical concepts and governance requirements to non-technical stakeholders and senior management.
• Partner with data science, technology, operations, and business units to deliver scalable, client-centric solutions.
• Member of the Capital Markets Operating Committee, contributing to firm-wide strategic decisions.
• Advocate for diversity, equity, and inclusion through leadership council participation.
Qualifications
• More than 15 years of experience in financial services, including at least 10 years in Capital Markets, with a strong emphasis on digital transformation, artificial intelligence, or innovation within capital markets.
• Proven ability to lead complex, cross-functional initiatives with measurable business outcomes.
• Strong understanding of trading technologies, data science, and client engagement models.
• Exceptional communication and stakeholder management skills, including executive-level influence.
• Experience in change management, training, and organizational transformation.
• Deep expertise in AI governance, risk management, and regulatory compliance.
• Advanced degree in a quantitative, technical, or business discipline preferred.
Success Measures
• Tangible commercial outcomes: revenue growth, cost savings, operational efficiency, and client value.
• Scalable adoption of AI technologies and digital solutions across the business.
• Robust governance, risk management, and compliance with evolving regulations.
• High-performing, diverse, and empowered teams driving innovation and transformation.
What We Offer
Join our team at BMO Capital Markets and help shape the future of AI-enabled financial solutions through exceptional design. We offer opportunities for professional growth, access to cutting-edge technologies, and the chance to make a meaningful impact on critical business operations. Apply today with your portfolio and resume, highlighting your experience in AI leadership and digital innovation.
Base Salary: $225,000 CAD
Salary :
Pay Type:
Salaried
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.
Address:
100 King Street West
Job Family Group:
Capital Mrkts Sales & Service
BMO Capital Markets is a leading, full-service North American-based financial services provider, with over 2,700 professionals in 30 locations around the world, including 20 offices in North America, offering corporate, institutional and government clients access to a complete range of investment and corporate banking products and services. BMO Capital Markets is a member of BMO Financial Group (NYSE, TSX: BMO), one of the largest diversified financial services providers in North America with US$1.0 trillion total assets and approximately 54,000 employees as of January 31, 2025.
About the Role
The Head of AI and Digital Innovation is a senior executive responsible for leading BMO Capital Markets' end-to-end AI and digital strategy. This role drives transformative client solutions, scales innovation across the business, and accelerates adoption of AI technologies to enable BMO Capital Markets to compete and thrive in a digital-first environment. The role is accountable for embedding AI-driven capabilities as core drivers of client value and revenue growth, with tangible commercial and measurable outcomes. Our Team The Data Cognition Team (DCT) delivers scalable, sustainable AI-driven solutions for multiple business units. We integrate cutting-edge technology with user-centered design principles to solve complex challenges in financial markets. Our mission is to create products that are powerful, intuitive, and aligned with client needs.
Key Responsibilities
• Define and execute the AI and digital innovation roadmap in alignment with Capital Markets' strategic priorities and enterprise objectives.
• Identify, prioritize, and deliver high-impact opportunities across front-office, middle-office, and client-facing functions.
• Champion the integration of AI into business processes to enhance performance, efficiency, and client experience.
• Oversee the development and commercialization of AI platforms and solutions, including algorithmic trading, predictive analytics, intelligent automation, and generative/agentic AI.
• Foster a culture of experimentation, continuous improvement, and responsible innovation across the organization.
• Lead organizational change initiatives to support AI adoption, including stakeholder alignment, process redesign, and cultural transformation.
• Serve as a key voice to the Executive Leadership Committee, translating AI strategy into business impact and fostering executive sponsorship.
• Communicate complex technical concepts and governance requirements to non-technical stakeholders and senior management.
• Partner with data science, technology, operations, and business units to deliver scalable, client-centric solutions.
• Member of the Capital Markets Operating Committee, contributing to firm-wide strategic decisions.
• Advocate for diversity, equity, and inclusion through leadership council participation.
Qualifications
• More than 15 years of experience in financial services, including at least 10 years in Capital Markets, with a strong emphasis on digital transformation, artificial intelligence, or innovation within capital markets.
• Proven ability to lead complex, cross-functional initiatives with measurable business outcomes.
• Strong understanding of trading technologies, data science, and client engagement models.
• Exceptional communication and stakeholder management skills, including executive-level influence.
• Experience in change management, training, and organizational transformation.
• Deep expertise in AI governance, risk management, and regulatory compliance.
• Advanced degree in a quantitative, technical, or business discipline preferred.
Success Measures
• Tangible commercial outcomes: revenue growth, cost savings, operational efficiency, and client value.
• Scalable adoption of AI technologies and digital solutions across the business.
• Robust governance, risk management, and compliance with evolving regulations.
• High-performing, diverse, and empowered teams driving innovation and transformation.
What We Offer
Join our team at BMO Capital Markets and help shape the future of AI-enabled financial solutions through exceptional design. We offer opportunities for professional growth, access to cutting-edge technologies, and the chance to make a meaningful impact on critical business operations. Apply today with your portfolio and resume, highlighting your experience in AI leadership and digital innovation.
Base Salary: $225,000 CAD
Salary :
Pay Type:
Salaried
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.
About BMO
Industry
Banking & FinanceCompany Size
10,000+ employees
Application closing date is 2026-02-03
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