Commercial Banking Credit Risk Manager

3 weeks ago

Toronto, Canada BMO Financial Group Full time

100 King Street West Toronto Ontario,M5X 1A1

The Commercial Banking Credit Risk Manager acts as a trusted advisor, providing a source of business process, policy, procedure, product and/or system expertise, coordinates with key stakeholders on internal audits, regulatory exams, and other ad hoc credit risk initiatives impacting process, policy, and technology, and transparently communicates information to Commercial Bank leadership to ensure awareness of key credit risk initiatives.

While the position focuses primarily on the Commercial Bank, there may be broader, Enterprise-wide focus within certain initiatives.

This role:

- Directs, manages, coordinates, and facilitates effective communication among key stakeholders.
- Acts as a trusted advisor for Commercial Banking employees/stakeholders.
- Gains and builds trust and rapport.
- Analyzes data and synthesizes information to provide insights and recommendations.
- Assists in identifying areas of improvement/emerging trends to inform decision making and aide in the documentation of operational controls.
- Presents thematic observations and recommendations to customer-facing teams and Commercial Bank leadership.
- Adheres to Bank risk, regulatory and compliance controls.
- Works independently and regularly handles non-routine situations.

Qualifications:

- Typically between 5 - 7 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
- Commercial loan analysis, underwriting, and portfolio management experience - In-depth
- Knowledge of commercial banking systems, products, and processes - In-depth
- Understanding of risk management concepts specific to commercial lending
- Prior internal audit experience at BMO, or another financial lending institution, is an asset.
- Project management experience is an asset.
- Stakeholder management is an asset
- Deep knowledge of Commercial Banking gained through extensive education and business experience.
- Verbal & written communication skills - In-depth.
- Collaboration & team skills - In-depth.
- Analytical and problem-solving skills - In-depth.
- Data-driven decision making - In-depth.
- Strong interpersonal skills.
- Ability to work under limited supervision.
- Entrepreneurial skills - Working.
- Judgement skills - Working.
- Learning agility - Working.
- Able to navigate challenging situations effectively.

**Salary**:
$68,000.00 - $126,000.00

**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 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.

**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.

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