Current jobs related to Manager, Credit Risk Strategy - Toronto, Ontario - BMO Financial Group

  • Portfolio Manager, Credit Risk and Strategy

    3 weeks ago

    Old Toronto, Ontario, Canada RBC Full time

    About the RoleThis is a challenging opportunity to support the Director of the Personal Lending Credit Strategy team in managing the Personal Lending portfolio through developing and enhancing credit strategies to increase portfolio profitability.This role gives the incumbent the opportunity to build on skills and attributes such as:cross-functional...

  • Risk Management and Credit Strategy Lead

    3 weeks ago

    Old Toronto, Ontario, Canada Momentum Financial Services Group Full time

    Job DescriptionOverviewMomentum Financial Services Group is a leading provider of financial services in North America. As a Senior Manager, Risk and Compliance, you will play a critical role in managing the end-to-end process of the company's credit and underwriting functions in the US and Canada across all consumer lending products.Key...

  • Growth Risk Strategy Analyst

    1 month ago

    Old Toronto, Ontario, Canada Vault Credit Corporation Full time

    Vault Credit Corporation is a private lending institution not affiliated with any banks, providing a comprehensive range of financial solutions, including mortgages, business financing, equipment leasing, and various other lending options. Our dedicated team comprises seasoned professionals with extensive expertise in both financial services and real estate,...

  • Director, Credit Risk Strategy – Credit Adjudication Leader

    2 weeks ago

    Old Toronto, Ontario, Canada Flexiti Financial Full time

    About Flexiti FinancialWelcome to Flexiti Financial, where innovative financial solutions meet strategic growthWe're a leading fintech lender in Canada, rapidly expanding to make the life of Canadians more affordable. Our flexible financing options empower our retail partners to boost sales. Our team of passionate professionals from around the world believes...

  • Director, Credit Risk Strategy – Credit Adjudication Leader

    2 weeks ago

    Old Toronto, Ontario, Canada Flexiti Financial Full time

    About Flexiti FinancialWelcome to Flexiti Financial, where innovative financial solutions meet strategic growthWe're a leading fintech lender in Canada, rapidly expanding to make the life of Canadians more affordable. Our flexible financing options empower our retail partners to boost sales. Our team of passionate professionals from around the world believes...

  • Head of Credit Risk Quantitative Strategies

    1 month ago

    Old Toronto, Ontario, Canada HOOPP Full time

    Position OverviewIn collaboration with the Senior Director, the Director of Credit Risk Quantitative Strategies is instrumental in advancing the objectives of the investment risk division. This role requires close cooperation with various teams within HOOPP, including investment, IT, and specialized risk professionals. The Director will be pivotal in the...

  • Manager of Credit Analytics and Strategy

    1 month ago

    Toronto, Ontario, Canada Royal Bank of Canada> Full time

    Job OverviewAs a key member of the Group Risk Management (GRM) division, the Senior Manager - Credit Strategy & Data Science will leverage sophisticated analytics to formulate credit strategies aimed at enhancing revenue and managing risk, ultimately optimizing the profitability of the portfolio.What is the Role?The RBC Credit Strategy team is seeking a...

  • Senior Credit Strategy Manager

    1 month ago

    Toronto, Ontario, Canada RBC Full time

    Job Overview As a key member of the Group Risk Management (GRM) division, the Senior Credit Strategy Manager will leverage sophisticated analytics to formulate credit strategies aimed at enhancing RBC's revenue while effectively managing risk to maximize portfolio profitability. You will also play a pivotal role in nurturing and developing a talented...

  • Senior Credit Strategy Manager

    1 month ago

    Toronto, Ontario, Canada Royal Bank of Canada> Full time

    Position OverviewThe Royal Bank of Canada is seeking a Senior Manager in Credit Strategy & Data Science to spearhead the Cards Acquisition team. This role involves leveraging sophisticated analytics to formulate credit strategies aimed at enhancing revenue while effectively managing risk, thereby maximizing portfolio profitability.Key ResponsibilitiesUtilize...

  • Senior Credit Strategy Manager

    1 month ago

    Toronto, Ontario, Canada Royal Bank of Canada> Full time

    Position OverviewThe Royal Bank of Canada is seeking a Senior Manager for the Credit Strategy & Data Science division. This role involves leveraging sophisticated analytics to formulate credit strategies aimed at enhancing revenue while effectively managing risk, ultimately leading to improved portfolio profitability.Key ResponsibilitiesUtilize data...

  • Director, Credit Risk Management

    2 weeks ago

    Toronto, Ontario, Canada Scotiabank Full time

    About the RoleAs a key member of our Wealth Management team, you will play a critical role in driving the growth and profitability of our Global Wealth Management credit portfolios. Your expertise in credit risk management will be essential in ensuring that our lending policies and strategies are aligned with our business objectives.Key...

  • Director, Credit Risk Management

    2 weeks ago

    Toronto, Ontario, Canada Scotiabank Full time

    About the RoleAs a key member of our Wealth Management team, you will play a critical role in driving the growth and profitability of our Global Wealth Management credit portfolios. Your expertise in credit risk management will be essential in ensuring that our lending policies and strategies are aligned with our business objectives.Key...

  • Credit Risk Manager, ESG Credit Risk Management

    2 weeks ago

    Toronto, Ontario, Canada The Toronto-Dominion Bank (Canada) Full time

    Job SummaryThe Toronto-Dominion Bank (Canada) is seeking a highly skilled Credit Risk Manager to join our team. As a key member of our ESG Credit Risk Management team, you will play a critical role in supporting the implementation and execution of our climate risk strategy.Key ResponsibilitiesManage the Environmental & Social Reputational Risk Assessment...

  • Credit Risk Manager, ESG Credit Risk Management

    2 weeks ago

    Toronto, Ontario, Canada The Toronto-Dominion Bank (Canada) Full time

    Job SummaryThe Toronto-Dominion Bank (Canada) is seeking a highly skilled Credit Risk Manager to join our team. As a key member of our ESG Credit Risk Management team, you will play a critical role in supporting the implementation and execution of our climate risk strategy.Key ResponsibilitiesManage the Environmental & Social Reputational Risk Assessment...

  • Credit Risk Manager, ESG Credit Risk Management

    2 weeks ago

    Toronto, Ontario, Canada The Toronto-Dominion Bank (Canada) Full time

    Job SummaryThe Toronto-Dominion Bank (Canada) is seeking a skilled Credit Risk Manager to join our team. As a key member of our ESG Credit Risk Management team, you will play a critical role in supporting the implementation and execution of our climate risk strategy.Key ResponsibilitiesManage the Environmental & Social Reputational Risk Assessment (ESRA)...

  • Credit Risk Manager, ESG Credit Risk Management

    2 weeks ago

    Toronto, Ontario, Canada The Toronto-Dominion Bank (Canada) Full time

    Job SummaryThe Toronto-Dominion Bank (Canada) is seeking a skilled Credit Risk Manager to join our team. As a key member of our ESG Credit Risk Management team, you will play a critical role in supporting the implementation and execution of our climate risk strategy.Key ResponsibilitiesManage the Environmental & Social Reputational Risk Assessment (ESRA)...

  • Director of Credit Risk Management

    3 days ago

    Old Toronto, Ontario, Canada Flexiti Financial Full time

    Director, Credit Risk Strategy - Credit AdjudicationWe're a leading fintech lender in Canada, dedicated to making life more affordable for Canadians. Our flexible financing options help boost sales for our retail partners. If you're passionate about data-driven decision making and want to be part of a community where your ideas matter, join us at Flexiti and...

  • Director of Credit Risk Management

    2 days ago

    Old Toronto, Ontario, Canada Flexiti Financial Full time

    Director, Credit Risk Strategy - Credit AdjudicationWe're a leading fintech lender in Canada, dedicated to making life more affordable for Canadians. Our flexible financing options help boost sales for our retail partners. If you're passionate about data-driven decision making and want to be part of a community where your ideas matter, join us at Flexiti and...

  • Credit Risk Manager, ESG Credit Risk Management

    3 days ago

    Toronto, Ontario, Canada The Toronto-Dominion Bank (Canada) Full time

    Job SummaryWe are seeking a highly skilled Credit Risk Manager to join our ESG Credit Risk Management team. As a key member of our team, you will play a critical role in supporting the implementation and execution of our climate risk strategy.Key ResponsibilitiesManage the Environmental & Social Reputational Risk Assessment (ESRA) Process for material...

  • Credit Risk Manager, ESG Credit Risk Management

    3 days ago

    Toronto, Ontario, Canada The Toronto-Dominion Bank (Canada) Full time

    Job SummaryWe are seeking a highly skilled Credit Risk Manager to join our ESG Credit Risk Management team. As a key member of our team, you will play a critical role in supporting the implementation and execution of our climate risk strategy.Key ResponsibilitiesManage the Environmental & Social Reputational Risk Assessment (ESRA) Process for material...

Manager, Credit Risk Strategy

3 months ago

Toronto, Ontario, Canada BMO Financial Group Full time
33 Dundas Street West Toronto Ontario,M5G 3C2

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.


  • Acts as a trusted advisor to assigned business/group.
  • Guides/assists in the identification and classification of issues; recommends action plans.
  • Influences and negotiates to achieve business objectives.
  • Recommends and implements solutions based on analysis of issues and implications for the business.
  • Assists in the development of strategic plans.
  • Identifies emerging issues and trends to inform decisionmaking.
  • Researches existing or emerging requirements & related best practices to assist and develops recommendations for changes/enhancements.
  • Helps determine business priorities and best sequence for execution of business/group strategy.
  • Conducts independent analysis and assessment to resolve strategic issues.
  • Leads the development and maintenance of the risk strategy management framework.
  • Supports development and execution of strategic initiatives in collaboration with internal and external stakeholders.
  • Represents the decision strategy function during internal/external regulatory audits and/or examinations.
  • Ensures alignment between stakeholders.
  • Coordinates the management of databases; ensures alignment and integration of data in adherence with data governance standards.
  • Builds change management plans of varying scope and type; leads or participates in a variety of change management activities including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives.
  • Leads and integrates the monitoring, measurement & reporting on the status of the risk decision strategy performance to internal & external stakeholders.
  • Leads the management of governance meetings and maintenance of governing body mandates, oversight and approval guidelines.
  • May provide specialized support for other internal and external regulatory requirements.
  • Provides input into the planning and implementation of ongoing operational programs in support risk decision strategy management framework.
  • Leads/participates in the design, implementation and management of core business/group processes.
  • Develops and maintains risk strategies using analytics, predictive modelling and business rules to optimize decisions and productivity.
  • Supports the planning and execution of the change management process including simulation, validation testing and reporting requirements to evaluate the effectiveness of the new or modified strategies.
  • Provides advice and guidance to assigned business/group on implementation of analytical solutions.
  • Develops and maintains indepth knowledge of business product strategies and related risk management requirements and legislative/ regulatory directives.
  • Works with stakeholders to identify the business requirements, understand the profitability structure, the risk / return assessment and the expected outcomes.
  • Works with data owners to discover and select available data sources from internal sources and external vendors (e.g. lending system, payment system, external credit rating system) to fulfill analytical needs.
  • Works with internal and external stakeholders to understand the capabilities of risk models and core risk systems to ensure effectiveness of risk decision strategies.
  • Builds effective relationships with internal/external stakeholders.
  • Ensures alignment between stakeholders.
  • Summarizes statistical findings and draws conclusions and presents actionable business recommendations.
  • Presents findings & recommendations in a simple, clear way to drive action.
  • Consults with stakeholders to improve consistency and transparency of risk measurement, metrics and reporting.
  • Monitors and tracks performance; addresses any issues.
  • Focus is primarily on business/group within BMO; may have broader, enterprisewide focus.
  • Provides specialized consulting, analytical and technical support.
  • Exercises judgment to identify, diagnose, and solve problems within given rules.
  • Works independently and regularly handles nonroutine situations.
  • Broader work or accountabilities may be assigned as needed.

Qualifications:

  • Typically between 7 years of relevant experience and postsecondary degree in related field of study or an equivalent combination of education and experience.
  • 5+ years of experience with data extraction and analysis using tools such as SAS, SQL, and Python.
  • Indepth product knowledge for the designated business / portfolio.
  • Indepth knowledge of risk management theory, processes and portfolio management reporting techniques.
  • Indepth knowledge of risk systems technology.
  • Indep