Senior Manager, Credit Portfolio Management

This role undertakes credit portfolio management, applying a strategic risk perspective to investigating, identifying and assessing areas of credit risk/exposure. Candidate will work with risk reporting and portfolio management reports and other tools and methodologies to measure, monitor and assess risk and risk capital utilization and recommend actions to address single name and portfolio level risk concentration, profitability assessment, risk capital allocation and portfolio risk/return, specifically focused on US portfolio management and US legal entities.
Portfolio Management, Credit Risk Analysis:

• Monitor the external environment/economic trends to identify potential risks and impact to Enterprise credit portfolios.
• Utilize reports and queries to analyze data, conduct scenario analysis, assess new product and credit strategies, assess and quantify risk and risk concentrations, portfolio loss and profitability trends
• Effectively synthesize results to ensure CRO, Senior Risk executives and other risk colleagues understand outcomes of analysis
• Work with other members of ERPM to manage and monitor risk and ensure risk is accurately measured and assigned appropriate risk capital.
• Represent ERPM and provide credit risk oversight and perspective in committees and projects
• Undertake analysis of exposures and segments to identify, quantify and assess risk within the credit portfolios across the Enterprise to ensure the level of credit and counterparty risk the Bank is exposed to is appropriate, within the Bank’s risk limits, and is not displaying material adverse trends
• Partner closely with the Risk Reporting group to leverage data sources for analysis and ensure appropriate cuts of data are created as needed
• Leverage credit risk management and analysis experience to provide thought leadership to team members to drive insights on the enterprise credit risk portfolio and develop recommendations for risk management strategies to optimize the risk return profile of credit risk portfolios

Qualifications/Knowledge/Skills:

• Working knowledge of financial modeling and portfolio management strategies – risk based pricing, aggregation, securitization, hedging, optimization
• Highly developed personal effectiveness skills, which include the ability to influence and negotiate, adapt to varying conditions, apply creativity and seize personal development opportunities
• CFA and/or FRM desired.
• Expert analytical capabilities, with working knowledge of credit risk models
• At least 5 years of relevant credit risk management experience with a major financial institution.
• Strong credit skills, experienced in lending and credit qualified
• Graduate degree in business, finance, economics degree
• Strong written and verbal communication skills

We’re here to help
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/ca/en
BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.
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.