Senior Manager - Business Banking Credit Risk Strategy

Senior Manager - Business Banking Credit Risk Strategy

Come join a culture that is about so much more than the bottom line. Be a part of a team that celebrates big ideas, supports your personal and professional growth, and makes a real impact in local communities. At BMO, you will enjoy work that makes a difference; help us live our Purpose : To Boldly Grow the Good in Business and Life.

The Senior Manager - Business Banking Credit Risk Strategy develops and maintains risk decision-support strategies using analytical solutions to enable high-quality, fact-based decisions for a designated risk portfolio. Supports the development of the strategy and roadmap for data quality, data analytics, data modeling, reporting, business intelligence, and the design and development of sophisticated decision support tools.

Responsibilities include : understanding the key drivers of losses and P&L, their relative importance, and the current trends; applying this knowledge effectively to forecast losses meaningfully and accurately; analyzing underlying model outputs relative to other business; reconciling detailed financial data from disparate data sources; presenting the findings to various key stakeholders and senior management; holding discussions with and presenting to various review and challenge teams, internal and external auditors, and regulators; ensuring best in class governance and documentation practices; driving process efficiencies through automation; fostering a culture aligned to BMO purpose, values, and strategy; ensuring alignment between values and behavior that fosters diversity and inclusion; regularly connecting work to BMO's purpose; setting inspirational goals; defining clear expected outcomes; ensuring clear accountability for follow through; building interdependent teams; attracting, retaining, and enabling the career development of top talent; improving team performance; providing strategic input into business decisions; making recommendations to senior leaders; acting as a subject matter expert; networking with industry contacts; interpreting new regulations; influencing and negotiating; identifying emerging issues and trends; recommending business priorities; advising on resource requirements; developing a roadmap for strategic execution; managing resources; leading the execution of strategic initiatives; measuring the effectiveness of risk decision strategy management framework; conducting independent analysis and assessment; leading the development and maintenance of the risk strategy management framework; representing the decision strategy function; ensuring alignment between stakeholders; designing and producing reports and dashboards; developing and managing information management systems; defining business requirements for analytics and reporting; breaking down strategic problems; leading change management programs; leading the execution of operational programs; leading and integrating the monitoring; measuring and reporting on the status of the risk decision strategy performance; leading the management of governance meetings; providing specialized support for other regulatory requirements; leading in the design, implementation, and management of core business processes; developing and maintaining risk strategies; supporting the planning and execution of the change management process; providing advice and guidance; developing and maintaining in-depth knowledge; working with stakeholders; building effective relationships; and summarizing statistical findings.

Qualifications include : typically 7+ years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience; in-depth product knowledge; in-depth knowledge of risk management theory, processes, and portfolio management reporting techniques; in-depth knowledge of modeling and analytics concepts and applications; in-depth knowledge of risk systems technology; in-depth knowledge of regulatory requirements; seasoned professional with a combination of education, experience, and industry knowledge; verbal and written communication skills; analytical and problem solving skills; influence skills; collaboration and team skills; ability to manage ambiguity; and data driven decision making.

Salary : $102,000.00 - $190,000.00. 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.

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.

BMO is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race, religion, color, national origin, sex, 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.