Wealth & Tax Planning Consultant, Private Wealth (Mandarin/Cantonese)
Core
Provides specialized wealth and tax planning advice to High Net Worth and Ultra High Net Worth (HNW/UHNW) clients to help meet their long-term financial objectives, including tax, retirement, estate, and succession strategies.
Role type
Senior IC wealth and tax planning consultant
Builds
Comprehensive planning solutions encompassing tax, financial, retirement, estate, succession, philanthropic, and trust planning strategies for HNW/UHNW clients.
Domain
Private banking and wealth management
Required skills
Advanced tax planning, wealth accumulation strategies, retirement planning, income distribution, wealth transfer, financial analysis, consultative sales, client relationship management, regulatory compliance, risk management, network development
Preferred skills
CPA/CA designation, experience with HNW/UHNW clients, Mandarin/Cantonese language skills, experience developing advanced tax planning strategies
Technologies
Financial analysis tools, tax planning software, client management systems
Responsibilities
Provides advanced tax planning advice for individuals, families, trusts, holding companies, and owner-managed businesses; Identifies tax-efficient strategies related to wealth accumulation, retirement, income distribution, and wealth transfer; Collaborates with clients' external tax advisors, accountants, and legal professionals; Monitors changes in tax legislation and assesses potential impacts on HNW/UHNW clients; Develops planning concepts and strategies to help clients minimize taxes and optimize after-tax outcomes; Provides customized advice and specialized planning services to HNW/UHNW client segments; Facilitates goals-based discovery process directly with clients; Applies consultative sales and wealth planning principles in client interactions; Acts as a subject matter expert in specialized planning areas; Leverages financial analysis in the development of detailed and complex financial plans; Consults with clients and their external advisors on complex issues; Provides commentary and awareness on emerging trends and new legislation; Develops content in the area(s) of specialized planning for use as training material, internal resource material, and client-facing material; Leads/participates in the development/presentation of educational programs in the area(s) of specialized planning within BMO and to clients; Develops/maintains internal and external networks and referral sources; Protects the Bank's assets by adhering to all banking and investment regulations, Bank policies, and procedures; 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; Implements changes in response to shifting trends; Takes measured risks while protecting the bank by applying the Risk Management Framework.
Seniority
Senior, hands-on IC
