Director, Strategy and Business Management

100 King Street West Toronto Ontario,M5X 1A1

**MANDATE**

The Portfolio Risk Management Director will support Corporate Banking professionals in executing the first line of defense accountability for strong risk culture. Portfolio Risk Management Director provides robust, thoughtful analysis and provides recommendations to senior leadership that inform their views on risk management strategy.

KEY AREAS OF ACCOUNTABILITY
- ** Analytics: 50%**:

- ** Business Delivery & Operational Effectiveness: 30%**:

- ** Special Projects: 20%**

**ACCOUNTABILITIES DEFINED**

**Analytics**
- Conceptualize credit portfolio analytics, providing timely, relevant metrics and insights on portfolio trends for Executive Management.
- Develop forward-looking analytical insights. Evolve content to adapt to the changing credit, economic, strategic and regulatory environment.
- Oversee production of I&CB Risk Committee materials and Watchlist and Impaired Book for CB Global Head. Advise sector heads on RMC decks for consistency.
- Analyze watch list and impaired formations throughout the quarter, understand themes by sector and implications for management. Investigate root cause of changes in risk.
- Approach analytics holistically, leveraging second line risk dashboards and risk / reporting views to achieve alignment of risk analytics with Enterprise views.
- Drive continued development of KRM’s and KRI’S, setting appropriate risk tolerance thresholds annually. Assess drivers and action plans quarterly to address limit breaches.
- Partner with VP RFM to evaluate and assess the components that can best provide portfolio insights as business needs evolve.
- Partner and collaborate with sector heads to stay apprised of their priorities and how that translates into information and analytics needed. Attend CB Leadership meetings on the topic or liase with RFM Group head weekly to understand business needs for data and reporting.
- Partner with Risk and NACB to share best practices.
- Participate in International Association of Credit Portfolio Managers Industry group and bring learnings to the Bank.
- Evaluate, analyze and execute new portfolio risk mandates including risk transfer products and capital reduction initiatives. Develop appropriate governance, accountability and controls.

B. Business Delivery & Operational Effectiveness
- Partner with OCOO on regulatory initiatives that relate to credit and portfolio risk.

C. Special Projects
- Lead and coordinate risk-related projects as the credit environment and economic events dictate
- Interact with Wholesale Credit Methodology on matters regarding credit risk measures.
- Facilitate consistent implementation of mandates across the Global Corporate Bank
- Advocate for the Corporate Bank on enterprise-wide initiatives

**CROSS-FUNCTIONAL RELATIONSHIPS**

This role requires the incumbent to interact with the following processes and/or groups:

- Managing Directors
- Directors
- Vice Presidents
- Strategy & Business Management
- Enterprise Risk and Portfolio Management (Risk Reporting, Corporate and Commercial Credit, WCM, technology integration, foundational risk management)
- Business Intelligence & Analytics
- Risk and Capital Solutions
- Office of COO
- Corporate & Commercial Lending Operations

**SCOPE AND IMPACT**

The work product directly impacts management’s view of portfolio initiatives and risk management requirements within the Corporate Bank

The Director Portfolio Management provides high visibility across the global Corporate Bank, other LOBs, and throughout the Enterprise.

**KNOWLEDGE AND SKILLS**:
Knowledge:

- An undergraduate degree with focus in finance, economics, or accounting.
- 10+ years of relevant work experience in a corporate lending environment
- Formal credit training and prior lending authority as asset
- Credit analysis experience/understanding
- Strong knowledge of Corporate Banking products
- Superior knowledge of internal lending and portfolio management policies

**Skills**:

- Superb reasoning skills
- Superior written and oral communication
- Exceptional quantitative analytics and credit analysis skills
- Strong interpersonal skills used within a team environment
- Strong ability to advocate persuasively
- Strong attention to detail
- Ability to work independently and to learn and adapt quickly.
- Excellent capability to effectively manage multiple priorities
- Ability to be creative, insightful, and resourceful in performance of duties

**Salary**:
$84,000.00 - $156,000.00

**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**