Senior Manager, Retail Credit Portfolio Oversight

Senior Manager, Retail Credit Portfolio Oversight & Governance Join a high‑impact team at the forefront of strategic credit decisioning—where your leadership will shape the robustness of credit risk across BMO’s retail and private wealth portfolios. As a Senior Manager, Retail Credit Portfolio Oversight and Governance you will provide oversight, monitoring and reporting of credit risk strategies and policies for the Unsecured Lending portfolio and assist in the development and implementation of credit risk policies & standards, methodologies and controls that increase transparency, accuracy, and consistency across groups. At BMO, we’re more than a bank—we’re a purpose‑driven organization committed to Boldly Grow the Good in business and life. As one of North America’s top ten banks, we foster an inclusive, high‑performing culture built on integrity, empathy, and innovation. Our Employee Value Proposition centers on personalized career development, competitive rewards, and holistic well‑being—mental, physical, social, and financial. We empower our people to shape their future through continuous learning, flexible work arrangements, and vibrant Employee Resource Groups. Key Responsibilities Relationship Management: Build and maintain strong connections with credit teams across business lines to ensure consistent policy/framework adherence. Change Leadership: Lead change initiatives, including planning, stakeholder engagement, execution, and long‑term sustainability. Risk Alignment: Review new products, policies, and credit strategies to ensure they align with the bank’s risk appetite and include proper risk mitigation. Documentation Support: Help create clear and comprehensive documents for credit strategies and related processes. Regulatory Awareness: Stay informed on relevant regulations and assess their impact on governance and policy frameworks. Advisory Role: Act as a trusted advisor and subject matter expert on credit‑related regulations and policies, identifying emerging trends and issues. Audit Representation: Represent the governance function during internal and external audits or regulatory reviews. Reporting and Analytics Responsibilities Performance Monitoring: Track credit strategy results and flag any issues. Analysis: Define business needs for analytics and reporting to enable data‑driven decisions and conduct independent assessments to address strategic challenges and ad‑hoc investigations. Reporting & Dashboards: Design and deliver regular and ad‑hoc reports and dashboards. Governance: Manage review and approval processes for all reporting outputs. Leadership Responsibilities Drives Collaboration and Influence: Shapes timelines and deliverables through strong negotiation and influence, ensuring alignment with business goals. Strategic Problem‑Solving: Leverages expertise and innovative thinking to navigate complex, ambiguous challenges and deliver effective solutions. Inclusive Leadership: Champions values‑driven behavior that promotes diversity, equity, and inclusion across teams and initiatives. Qualifications 3+ years of relevant experience and a graduate degree in a related field of study or an equivalent combination of education and experience (advanced level degrees preferred). Knowledge of risk management theory, processes and portfolio management reporting techniques. Willingness to learn and ability to navigate ambiguous business problems to arrive at a solution. Stakeholder management skills to lead the change and drive new processes. Analytical mindset to define and solve complex problems. Hands‑on experience with data extraction and analysis using tools such as SAS, SQL, or Python. Knowledge and understanding of modelling & analytics concepts and applications. Knowledge and understanding of credit risk monitoring framework. Knowledge and understanding of regulatory requirements. Salary $86,000.00 – $160,000.00 Benefits BMO offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. Other perks and rewards and performance‑based incentives may apply. For full details, visit Total Rewards . About BMO At BMO we are driven by a shared purpose: Boldly Grow the Good in business and life. 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. Equal Employment Opportunity BMO is committed to an inclusive, equitable and accessible workplace. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, contact your recruiter. #J-18808-Ljbffr