Job Information
BMO Financial Group Commercial Banking Credit Risk Manager in Milwaukee, Wisconsin
As part of the North American Commercial Bank Headquarters 1st line Non-Transactional Credit Risk Initiatives team, this role will work closely with customer facing Commercial personnel to monitor the Commercial portfolio, provide oversight of Commercial Bank internal Audit and regulatory exam activity, and act as a subject matter expert representing the interests of the Commercial Bank on ad hoc credit risk initiatives.
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:
$72,500.00 - $134,500.00
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 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.
BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards
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.
To find out more visit us at https://jobs.bmo.com/us/en
BMO is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristics. We also consider applicants with criminal histories, consistent with applicable federal, state and local law.
BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to BMOCareers.Support@bmo.com and let us know the nature of your request and your contact information.
Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.
BMO Financial Group
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