Community Development and Economic Equity Specialist

12/21/2025

Address:

VIRTUAL(R)49 - HomeRes - WI

Job Family Group:

Business Management

Description

The CD and EE Activities Specialist is an important role within the CRA Governance Team. This role will act as a Subject Matter Expert for Community Development (CD) Activities with a focus on Community Development Services and will partner with internal lines of business to qualify CD services for the bank’s CRA exam.  The position will also play a key role in driving business development strategy and execution within BMO’s Commercial Banking team focused on companies owned and/or operated by individuals of underserved communities. The analyst will support relationship managers and leadership in identifying new business opportunities, analyzing market trends, preparing client presentations, and developing insights that advance equitable access to capital and advisory solutions. This role offers the opportunity to work at the intersection of finance, strategy, and community impact — helping strengthen BMO’s mission to boldly grow the good in business and life. Supports an assigned senior leader in executing strategic priorities for the business/group.

• Works with stakeholders to interpret business results, understands the operating environment & emerging trends and provides planning, support and recommendations to improve operational effectiveness and tracks achievement of objectives.
• Supports the effective management of risk, including operational and compliance risk and management of the attestation/reporting process specific to the business.
• Supports the development of effective, consistent communications for the business/group senior leader and for the leadership team.
• Provides advice and guidance to assigned business/group on implementation of solutions.
• Monitors and tracks performance and addresses any issues.
• Designs and produces regular and ad-hoc reports
• Builds effective relationships with internal/external stakeholders.
• Employs systems (e.g. customized exception reports, tracking reports etc.) to manage information.
• Integrates information from multiple sources to enable more efficient processes, enhanced analysis and/or streamlined reporting.
• Exercises judgment to identify, diagnose, and solve problems within given rules.
• Works independently on a range of complex tasks, which may include unique situations.
• Broader work or accountabilities may be assigned as needed.
• Self-directed and detail oriented

Key Accountabilities

CD Activities

Capture, qualification and documentation of community development services for CRA and other internal initiatives as needed:

• Identify, qualify and document community development services within the volunteerism management system
  • Review and decision volunteer activities for CRA qualification
  • Gather documentation that supports the qualification in a consistent and thorough format
  • Track CD services within internal data repository ensuring data accuracy
• Streamline internal processes and technology keeping in mind current CRA rule

Provide reporting stream to lines of businesses.

• Develop CD Services reporting, including development of annual goals in collaboration with the CRA Outreach Team
• Responsible for the development and fulfillment of ad hoc reporting as needed
• Responsible for the development and maintenance of CD Services procedures
• Other tasks as assigned by manager

Direct Examination Support

• Coordinate and develop examination documentation; respond to examiner inquiries; work with lines of business to produce data documentation; and work with the CRA Governance team to coordinate exam specific information as it relates to CRA.
• Develop the CD Services Performance Contexts for each identified assessment area in partnership with the CRA Strategy and Initiatives Manager

Economic Advisory Activities

• Conduct market and industry research to identify prospective clients and growth segments within the diverse business community.
• Track and analyze pipelines, referral sources, and deal flow to help optimize business development performance.
• Support prospect outreach through preparation of client profiles, pitch materials, and opportunity summaries.
• Maintain a database of diverse-owned businesses and community partners to drive targeted engagement.
• Assist in evaluating financial statements and credit metrics for prospective clients.
• Prepare dashboards and reports that track client activity, portfolio diversity, and relationship manager performance.
• Partner with analytics and credit teams to model potential revenue, deposits, and lending outcomes.
• Support execution of the team’s annual business plan and community engagement goals.
• Collaborate on the development of programs and partnerships that expand banking access for underrepresented entrepreneurs.
• Create presentation materials for internal and external meetings, including leadership updates and client proposals.
• Coordinate meetings, follow-ups, and documentation to ensure efficient project and relationship management.

Additional duties may include:

• Act as a backup and quality reviewer for CD Loan and Investment Activities

Qualifications:

• Strong attention to detail
• Typically between 4 - 6 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
• Technical proficiency gained through education and/or business experience.
• Verbal & written communication skills - In-depth.
• Collaboration & team skills - In-depth.
• Analytical and problem-solving skills - In-depth.
• Relationship management support
• Data driven decision making - In-depth.
• Strong understanding of the Community Reinvestment Act with a focus on Community Development Activities and qualification
• Thorough knowledge of risk/compliance/audit practices
• Strong Excel, Word and PowerPoint skills
• Knowledgeable in PowerBI, Tableau, Salesforce and other reporting technologies preferred

Salary:

$51,800.00 - $95,900.00

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 http://jobs.bmo.com/us/en

BMO is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristics. We also consider applicants with criminal histories, consistent with applicable federal, state and local law.

BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to BMOCareers.Support@bmo.com and let us know the nature of your request and your contact information.

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.