Senior Manager - Consumer Risk Portfolio Management

Application Deadline:

04/10/2025

Address:

320 S Canal Street

Job Family Group:

Data Analytics & Reporting

• This is a highly visible role within the US Consumer Risk Management team (2nd line of defense), which covers credit risk policy, performance oversight, and effective challenge for BMO's US Direct Lending portfolios, including real-estate secured (mortgage and home equity) and non-real-estate consumer loans distributed through BMO's direct channels.

• Key focus areas for this role include:

  • Leveraging statistical models to analyze risk factors within our portfolios, forecast losses, and optimize risk/return

  • Deep dive research using various analytical tools and techniques to evaluate acquisition and account management risk strategies, and generate insights on portfolio performance relative to macro trends and competitive environment

  • Data storytelling to influence and enhance credit analysis and risk assessment processes that decide on the approval or rejection of loans

  • Cross functional collaboration with teams including Product Management, Finance, Operations, Compliance, Fair Lending.

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

Supports the execution of accurate and efficient reporting solutions for risk, regulatory and management information to internal and external stakeholders including regulatory bodies. Supports an efficient and effective risk management function which uses common information sources and practices, reduces ongoing costs, increases service level performance and minimizes risk.

• 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.

• Builds interdependent teams that collaborate across functional and operating groups to create the highest value for all stakeholders.

• Attracts, retains, and enables the career development of top talent.

• Improves team performance, recognizes and rewards performance, coaches employees, supports their development, and manages poor performance.

• Provides strategic input into business decisions as a trusted advisor.

• Makes recommendations to senior leaders on strategy and new initiatives, based on an in-depth understanding of the business/group.

• Acts as a subject matter expert on relevant regulations and policies.

• May network with industry contacts to gain competitive insights and best practices.

• Interprets new regulations and assesses impacts to the risk reporting strategy/program framework.

• Influences and negotiates to achieve business objectives.

• Identifies emerging issues and trends to inform decision-making.

• Recommends business priorities, advises on resource requirements and develops roadmap for strategic execution.

• Manages resources and leads the execution of strategic initiatives to deliver on business and financial goals.

• Measures the effectiveness of risk reporting program/strategy; recommends changes as required.

• Conducts independent analysis and assessment to resolve strategic issues.

• Leads the development and maintenance of the risk reporting framework.

• Acts as the prime subject matter expert for internal/external stakeholders.

• Represents the risk reporting function during internal/external regulatory audits and/or examinations

• Ensures alignment between stakeholders.

• Designs and produces regular and ad-hoc reports, and dashboards.

• Develops and manages comprehensive information management systems; designs and/or leads initiatives to improve processes, analysis and reporting.

• Leads change management programs of varying scope and type, including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives.

• Leads the execution of operational programs; assesses and adapts as needed to ensure quality of execution.

• May provide specialized support for other internal and external regulatory requirements.