Director, Real Estate Private Equity Fund of Funds

Position Overview The Director is a senior member of BMO’s Community Capital Solutions team, which invests the Bank’s balance sheet in conventional equity real estate funds managed by sponsor and developer clients, along with select direct real estate equity investments across the United States. The Director leads day‑to‑day value creation on designated LP investments, drives portfolio‑level performance, and mentors junior team members while partnering closely with sponsors and internal stakeholders at BMO Commercial, BMO Capital Markets and Community Reinvestment Act (CRA) Governance. All investments support BMO’s CRA and Public Welfare Investment objectives. The Director fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behaviors in all that they do. Asset Management (~50%) Own accountability for 25-30 conventional real estate equity fund LP investment files as the primary point person; set the agenda with partners and drive outcomes on complex situations. Coordinate execution for acquisitions, dispositions, refinancing, and other strategic initiatives related to assigned files. Track carrying values, exposure and oversee risk analysis required to prepare decision‑ready updates. Co‑lead file completion and documentation. Present investment/monitoring materials to committees. Prepare and review portfolio forecasts, dashboards and recurring performance materials. Oversee quarterly reporting and valuation for portfolio. Synthesize insights for BMO senior stakeholders. Work alongside BMO Commercial, BMO Capital Markets Legal, Tax, Finance, Risk and Accounting Policy. Maintain oversight of project bank accounts and process capital calls. Growth, Investments & Other (~50%) Selectively source and diligence new Real Estate Investment Fund opportunities. Track the United States real estate market across the Affordable Multifamily Residential asset class. Responsible for preparing select investment recommendations to the Investment Committee. Broader work or accountabilities may be assigned as needed. Qualifications 10+ years in real estate investing/finance roles. Business degree (BCom/MBA); CFA/AACI/CPA. Experience with leading and mentoring Analysts/Associates, demonstrating a "player‑coach" mentality. Demonstrates the ability to drive a positive work‑place culture. Exceptional Excel/PPT; able to step in and perform individual analysis when required. High detail orientation and organizational excellence. Use strong interpersonal skillset to form positive internal and external working relationships. Ability to work both independently and as a team member. Strong communication and modeling review capability. Excellent leadership skills. Adoption of AI tools for the workplace. Time management skills: In-depth. Verbal & written communication skills: In-depth. Collaboration & team skills: In-depth. Analytical and problem‑solving skills: In-depth. Influence skills: In-depth. Data driven decision making: In-depth. Compensation Salary Range: USD 200,000 - 240,000 - 275,000. (Actual Compensation Depends On Skills, Experience, Education, And Qualifications.) Pay Type: Salaried. Salaries will vary based on location, skills, experience, education, and qualifications, and may include a commission structure. 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 also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. Equal Employment Opportunity 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 View email address on click.appcast.io and let us know the nature of your request and your contact information. #J-18808-Ljbffr