Director, Consumer Credit Risk Reporting

6 months ago

Toronto, Canada BMO Financial Group Full time

33 Dundas Street West Toronto Ontario,M5G 3C2

If you’re looking for your next dream job, consider this one in BMO’s Enterprise Risk Group where every colleague helps protect and grow the bank by providing independent review and oversight of enterprise-wide risks, working together to maintain a risk management framework and fostering a strong risk culture. #ERPMDreamJobs

This position is located in Toronto and offers a hybrid work arrangement with 2-3 days per week on-site while other days are remote.

Risk Reporting Framework and Control
- Leads the development and maintenance of the risk reporting framework including the development and implementation of best practices for risk reporting.
- Ensures strong governance and effective controls across risk reporting activities and information in accordance with enterprise standards.
- Leads the design, implementation and management of processes to ensure the accuracy of risk data used in reporting.
- Creates/supports the maintenance of documented operational procedures and processes related to analytical and reporting processes.
- Works with various 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.

Risk Reporting and Analytics
- Designs and produces regular and ad-hoc reports, and dashboards (Excel, PowerPoint)
- Delivers timely, accurate, and efficient reporting production processes; organizes work to ensure accuracy and completeness.
- Provides clear, concise communications and analysis
- Analyzes data and information to provide risk-related insights and recommendations for the assigned portfolio
- Conducts ad hoc independent analysis and assessments to investigate and resolve strategic risk issues and recommends solutions, including ad hoc analyses for the CRO, Investors, Business or strategic initiatives
- Represents the risk reporting function during internal/external regulatory audits and/or examination
- Supports the interpretation of internal and external policies and regulatory requirements relevant to the analytics and reporting mandate e.g. regulatory reporting.

Technical Leadership and Trusted Advisor
- Uses deep technical/coding and reporting expertise to coach team members
- Develops and manages comprehensive information management systems; designs and/or leads initiatives to improve processes, analysis and reporting.
- Acts as a trusted advisor to senior leaders
- Develops an expert understanding of business/group challenges.
- May consult or serve on various committees and task forces.
- Identifies emerging issues and trends to inform decision-making.

Innovation and Change Management
- Measures the effectiveness of risk reporting program/strategy; recommends changes as required.
- Assesses and adapts existing operational processes/programs; develops new capabilities to ensure ongoing success.
- Leads change management programs of varying scope and type, including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives.

Team Leadership / People Management
- Manages team (2-4 people) of highly skilled risk reporting experts
- Attracts, retains top talent
- Recognizes and rewards performance, coaches employees, supports their development, and manages poor performance.
- Fosters strong internal and external networks and works with and across multiple teams to achieve business objectives.
- Fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behaviours in all that they do.
- Ensures alignment between values and behaviour that fosters diversity and inclusion.
- Regularly connects work to BMO's purpose, sets inspirational goals, defines clear expected outcomes, and ensures clear accountability for follow through.

**Qualifications**:

- Typically 10- 15 years of relevant experience and post-secondary degree / equivalent combination of education and experience.
- Expert technical skills / querying languages (SAS, SAS viya, SQL, etc.).
- Expert with reporting tools (Excel, Power Point)
- Technical leader viewed as a thought leader on risk reporting
- Verbal & written communication skills - Expert.
- Analytical and problem solving skills - Expert.
- Data driven decision making - Expert.
- Strong judgement, ability to prioritize, comfortable with ambiguity.
- Knowledge of industry trends and regulatory requirements for risk reporting.
- Strong product knowledge for the designated business/portfolio.
- Knowledge of risk management theory, processes and portfolio management reporting techniques.
- Knowledge of risk systems/platforms (an asset).

**Compensation and Benefits**:
$103,500.00 - $192,500.00

**Pay Type**:
Salaried

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

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