Sr. Manager, Business Banking Risk Initiatives and Analytics

BmoChicago, IL, US

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Strategic Initiatives And Analytics Sr. Manager For Business Banking Credit Risk

As the Strategic Initiatives And Analytics Sr. Manager for Business Banking Credit Risk at BMO US, you will play a pivotal role in guiding and measuring strategic initiatives within the Business Banking portfolio. As a member of the Second Line credit risk management team, you will provide expertise, consultation and effective challenge to decisions that impact lending outcomes, risk appetite, regulatory oversight and analytical controls for originations and the portfolio. You'll source and analyze data from various internal and external sources to quantify the impact of policy changes on portfolio quality, delinquency rates, and credit losses. Using data tools like Power BI and Excel, you'll dig deep into portfolio performance, extracting insights that will inform our product roadmap and policy actions. Your financial modeling expertise will be put to good use as you optimize the risk and return impact of changes to how we execute in the business.

What we are looking for in an ideal candidate :

Retail / Commercial Lending Knowledge : Understands how retail / commercial lending works, and how to define and measure financial outcomes of a loan portfolio, is crucial. Experience with Business Banking lending and / or underwriting is a plus.
Product and Strategy Leadership : Provides expertise in the design, development, management and implementation of assigned strategic initiatives from business case development through execution.
Systems and Tech Knowledge : We need someone with experience evaluating systems, processes and technology as it relates to how loans are originated, booked, monitored and reviewed.
Analytical Expertise : We're looking for candidates with experience in developing and analyzing portfolio results and metrics, and a deep understanding of analytical tools, methods and practices. We need someone who can crunch numbers, analyze data, and build financial models. Experience with NPV, discounted cash flows, and P&L analysis is a plus.

Responsibilities include :

Supporting the maintenance of operational procedures and processes related to analytical and reporting processes.

Supporting the development of tools and delivery of training focused on awareness and understanding of key data elements used in risk reporting.

Participating in the design, implementation and management of core business processes to ensure the accuracy of risk data used in reporting.

Designing and producing regular and ad-hoc reports, and dashboards.

Developing and managing comprehensive information management systems; designing and / or leading initiatives to improve processes, analysis and reporting.

Defining business requirements for analytics & reporting to ensure data insights inform business decision making.

Qualifications :

Typically 7+ years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.

In-depth / Expert knowledge of risk management, audit, compliance, governance and / or project management is preferred.

In-depth / Expert knowledge of business and regulatory environment and understanding of risk issues / trends and best practices.

In-depth / Expert communication and relationship management skills.

Ability to manage multiple priorities with effective planning and organizing skills.

Seasoned professional with a combination of education, experience and industry knowledge.

Verbal & written communication skills - In-depth / Expert.

Salary : $102,000.00 - $190,000.00

Pay Type : Salaried

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Sr Manager Risk • Chicago, IL, US