BMO Financial Group logo

Director, Commercial Relationship Manager

BMO Financial Group

Minneapolis, MNJob$120–250K/yrSeen todaySeen in employer's feed today

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At a glance

Compensation
$120–250K/yr
Location
Minneapolis, MN
Work Authorization
Not specified

Olive lists jobs from US employers, including remote roles you can work from the United States.

Job overview

The Director, Middle Market Relationship Manager will grow BMO’s Middle Market Banking business across the Twin Cities by developing and deepening client relationships. The role advises business owners, executives, and sponsors on strategic financial needs, delivers customized banking solutions, and drives profitable revenue growth, portfolio performance, and client retention. The ideal candidate brings strong business development and relationship management experience; deep knowledge of Minnesota’s business market is preferred.

Skills & qualifications

RequiredNice to have

Skills

Business DevelopmentRelationship ManagementClient Relationship OriginationCommercial CreditLending SolutionsRevenue GrowthPortfolio ManagementExecutive PresenceNegotiationMinnesota Business Market

Qualifications

10+ Years Banking ExperienceBachelor's in Business Administration, Finance, Accounting, or Related Field

Benefits

Medical Insurance
Tuition Assistance
401(k) Match

Full job description

DIRECTOR, MIDDLE MARKET RELATIONSHIP MANAGER – MINNEAPOLIS, MN

Drive the growth and market expansion of BMO’s Middle Market Banking business across the Twin Cities by developing and deepening relationships with middle-market and corporate clients. This role serves as a senior advisor to business owners, executives, and sponsors, delivering strategic financial solutions while driving profitable revenue growth, portfolio performance, and long-term client retention.

The ideal candidate is a highly relationship-driven middle market banker with a strong track record of business development and relationship management. This individual will combine deep client engagement with strategic thinking to deliver customized banking solutions and expand BMO’s presence in the Minnesota market.

Key Responsibilities:

Client Relationship Management & Business Development

  • Develop and manage a portfolio of complex middle market banking relationships, serving as the primary advisor to clients on strategic financial needs.

  • Proactively originate new business opportunities through targeted calling efforts, centers of influence, referral networks, and community engagement.

  • Build long-term relationships with business owners, private equity sponsors, attorneys, CPAs, and other key intermediaries to drive market growth.

  • Deliver comprehensive banking solutions including credit, treasury management, capital markets, deposits, and risk management products.

  • Lead client strategy discussions focused on growth, liquidity, acquisitions, succession planning, and operational optimization.

Revenue Growth & Portfolio Management

  • Drive portfolio growth, profitability, and retention while maintaining strong risk-adjusted returns and return-on-equity objectives.

  • Identify and execute cross-sell opportunities across BMO’s platform to deepen client relationships and increase share of wallet.

  • Monitor portfolio performance proactively, identifying trends, opportunities, and emerging risks.

  • Maintain disciplined pipeline management and achieve or exceed production, revenue, and relationship growth goals.

Credit & Transaction Leadership

  • Structure and negotiate complex commercial credit transactions tailored to client needs and aligned with the Bank’s risk appetite.

  • Partner closely with Credit, Treasury, Capital Markets, and Risk teams to deliver timely and competitive solutions.

  • Lead underwriting discussions, pricing strategy, and credit approval processes for large and sophisticated transactions.

  • Serve as a trusted escalation point for complex client matters and negotiate successful resolutions that strengthen relationships.

Risk Management & Compliance

  • Ensure all client activities and transactions adhere to regulatory requirements, internal policies, and sound risk management practices.

  • Maintain strong credit discipline while balancing client experience, responsiveness, and profitability objectives.

  • Protect the Bank’s reputation through consistent execution, sound judgment, and adherence to compliance standards.

Qualifications:

  • 10+ years of middle market banking, corporate banking, or relationship management experience with a demonstrated history of business development success.

  • Proven ability to originate and manage complex middle-market or corporate client relationships.

  • Strong commercial credit acumen with experience structuring sophisticated lending solutions.

  • Demonstrated success generating significant revenue growth and building high-performing client portfolios.

  • Excellent executive presence, negotiation skills, and relationship management capabilities.

  • Deep knowledge of the Minnesota business market preferred.

  • Bachelor’s degree in Business Administration, Finance, Accounting, or related field preferred.

Salary:

$120,000.00 - $250,000.00

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 https://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 [email protected] 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.

How this job compares

Set against the 20,380 open Business Development jobs on Olive Jobs, counted November 6, 2026.

Pay
  • This posting$120–250K/yr
  • Minnesota median$117–169K/yr339 salary ranges
  • US median$125–194K/yr14,321 salary ranges

This range's midpoint, $185K, is 28% above the Minnesota median midpoint ($144K) — in the middle half of Business Development salary ranges in Minnesota.

Openings
Olive Jobs lists 399 open Business Development jobs in Minnesota and 20,380 across the US. 13% of them nationwide are listed as remote or flexible.
Hiring the most in Minnesota
Experience
This posting asks for at least 10 years of experience; Business Development postings that state a minimum ask for 6 years at the median (16,206 postings).
Education
6,262 of the 20,380 open Business Development jobs (31%) ask for a bachelor's degree or higher.

Counted across the open, public US postings on Olive Jobs on November 6, 2026. Pay medians are the middle values of the low ends and of the high ends of postings that list both ends of a range in the same cadence (a yearly salary or an hourly rate); a range's midpoint is halfway between its ends. Pay and experience figures resting on fewer than 20 postings are left out.

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