Senior Credit Risk Manager

24 hours ago

Chicago, Illinois, United States BMO Financial Group Full time
Job Summary

We are seeking a highly skilled Senior Credit Risk Manager to join our team at BMO Financial Group. As a key member of our credit risk management team, you will be responsible for providing expert guidance and support to our credit risk operations and initiatives.

Key Responsibilities
  • Provide independent, objective review and adjudication of credit applications and transactions for assigned portfolios within credit limits or make credit recommendations and escalate as required.
  • Ensure the credit quality of assigned portfolios are maintained within the Bank's risk tolerance, policies & procedures, and meet financing guidelines.
  • Support credit adjudication operations and initiatives, providing training and support to teams and channels where applications and transactions originate.
  • Act as a trusted advisor to senior leaders for making business decisions and implementing strategic initiatives.
  • Develop an expert understanding of business/group challenges and network with industry contacts to gather competitive insights and best practices.
  • Recommends measures to improve organizational effectiveness and may consult to or serve on various committees and task forces.
  • Provide credit coaching, training and support to direct team and other stakeholders as required.
  • Work with stakeholders to ensure effectiveness of risk management controls, analysis and monitoring on a transactional and portfolio basis.
  • Influence and negotiate to achieve business objectives and identify emerging issues and trends to inform decision-making.
  • Recommends business priorities, advises on resource requirements and develops roadmap for strategic execution.
  • Manage resources and lead the execution of strategic initiatives to deliver on business and financial goals.
  • Conduct independent analysis and assessment to resolve strategic issues and act as the prime contact for internal/external stakeholder relationships, which may include regulators.
  • Ensure alignment between stakeholders and develop and manage comprehensive information management systems.
  • Design and/or lead initiatives to improve processes, analysis and reporting and integrate information from multiple sources to enable more efficient processes, enhanced analysis and/or streamlined reporting.
  • Define business requirements for analytics & reporting to ensure data insights inform business decision making.
  • Employ systems (e.g. customized exception reports, tracking reports etc.) to manage information and break down strategic problems, and analyze data and information to provide insights and recommendations.
  • Lead change management programs of varying scope and type, including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives.
  • Lead the development of the communication strategy focusing on positively influencing or changing behavior.
  • Collaborate across BMO to develop communications strategies and ensure consistency of messaging, in order to positively influence or change behavior.
  • Lead the execution of operational programs; assess and adapt as needed to ensure quality of execution.
  • Support credit due diligence activities for bank acquisitions or integration.
  • Reviews and communicates decisions on credit transactions with rationale that can be understood and explained to customers.
  • Identifies and advises on terms, conditions and collateral requirements for the transaction decision as well as opportunities for cross-selling and/or alternative solutions to meet clients needs.
  • Keeps abreast of economic and market developments within the portfolio to inform decision making and credit risk policies.
  • Provides approval for exceptions according to established policy and standards.
  • Monitors the credit portfolio through transaction review & approval to ensure compliance with the Bank's lending policies and procedures.
  • Provides credit risk coaching and advice to sales & service employees to increase awareness of risk, policy, and knowledge of structuring transactions.
  • Builds effective relationships with internal/external stakeholders.
  • Gathers and formats data into regular and ad-hoc reports, and dashboards.
  • Monitors and tracks performance and addresses any issues.
  • Executes work to deliver timely, accurate, and efficient service.
  • Operates at a group/enterprise-wide level and serves as a senior specialist resource across BMO.
  • Influences how teams/groups work together.
  • Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to multiple, interdependent, complex problems.
  • Communicates abstract concepts in simple terms.
  • Fosters strong internal and external networks and works with and across multiple teams to achieve business objectives.
  • Anticipates trends and responds by implementing appropriate changes.
  • Broader work or accountabilities may be assigned as needed

  • Senior Credit Risk Specialist

    3 weeks ago

    Chicago, Illinois, United States Adyen Full time

    About AdyenAdyen is a leading financial technology platform that provides payments, data, and financial products to businesses like Meta, Uber, H&M, and Microsoft. Our mission is to empower businesses to achieve their ambitions faster.Job Title: Senior Credit Underwriting SpecialistWe are seeking a highly motivated and experienced Senior Credit Underwriting...

  • Head of Credit Risk Management

    2 weeks ago

    Chicago, Illinois, United States Canadian Imperial Bank of Commerce Full time

    Job SummaryWe are seeking a highly skilled and experienced professional to lead our Credit Risk Management team. As the Head of Credit Risk Management, you will be responsible for developing and implementing effective credit risk management strategies to ensure the bank's assets are protected.Key ResponsibilitiesDevelop and maintain credit risk models to...

  • Senior Risk Management Specialist

    2 days ago

    Chicago, Illinois, United States Alliant Credit Union Full time

    Lead Risk and Control AnalystAs a key member of our team, you will lead and mentor risk and control analysts on multi-person assignments/projects, providing valuable insights and perspectives to reduce risk and drive positive impact for our organization.Key Responsibilities:Act as a subject matter expert to senior stakeholders and other team membersProvide...

  • Senior Commercial Credit Risk Manager

    3 weeks ago

    Chicago, Illinois, United States KPMG Full time

    Job Title: Manager, Commercial Credit RiskKPMG is seeking a highly skilled Manager, Commercial Credit Risk to join our team in Market, Credit, & Liquidity for our Consulting practice.Responsibilities:Manage client engagements relating to the financial services industry with a primary focus on providing transformational process enhancement through procedural...

  • Corporate Credit Risk Manager

    19 hours ago

    Chicago, Illinois, United States BMO Financial Group Full time

    About the RoleThis is a hybrid position that requires working in our Downtown Chicago office three days a week. As a Corporate and Commercial Credit Risk Officer, you will be responsible for providing independent, objective review and adjudication of credit applications and transactions for assigned portfolios within credit limits or making credit...

  • Senior Commercial Credit Risk Manager

    3 weeks ago

    Chicago, Illinois, United States KPMG Full time

    Join KPMG's Advisory PracticeKPMG's Advisory practice is a dynamic and rapidly growing area of our firm. We are seeking a highly skilled Manager, Commercial Credit Risk to join our team in Market, Credit, & Liquidity for our Consulting practice.Key ResponsibilitiesManage client engagements relating to the financial services industry, with a primary focus on...

  • Credit Risk Analytics Specialist

    2 weeks ago

    Chicago, Illinois, United States NinjaHoldings Full time

    NinjaHoldings Credit Risk Analytics Job SummaryNinjaHoldings is a pioneering fintech company that empowers everyday Americans to take control of their finances through innovative digital banking and lending products. We are seeking an experienced Credit Risk Analytics professional to join our Risk & Analytics team.Key Responsibilities:Develop and own credit...

  • Credit Risk Analytics Specialist

    2 days ago

    Chicago, Illinois, United States NinjaHoldings Full time

    NinjaHoldings: Revolutionizing Consumer FinanceNinjaHoldings is a pioneering fintech company that empowers everyday Americans to take control of their finances through innovative digital banking and lending products. Our mission is to disrupt traditional financial institutions and provide a better financial future for all.Job SummaryWe are seeking an...

  • Corporate Credit Risk Manager

    2 days ago

    Chicago, Illinois, United States BMO Financial Group Full time

    Job SummaryWe are seeking a highly skilled Corporate and Commercial Credit Risk Officer to join our team at BMO Financial Group. As a key member of our credit risk management team, you will be responsible for providing independent, objective review and adjudication of credit applications and transactions for assigned portfolios.Key ResponsibilitiesProvide...

  • Credit Risk Analytics Specialist

    1 week ago

    Chicago, Illinois, United States NinjaHoldings Full time

    Job SummaryNinjaHoldings is seeking a seasoned analytics professional to lead our Risk & Analytics team. As a key member of our organization, you will develop and implement risk strategies for our lending products, drive data-driven initiatives to optimize portfolio performance, and collaborate with business units and senior management to achieve company...

  • Head of Credit Risk Management

    2 weeks ago

    Chicago, Illinois, United States CIBC Full time

    About the RoleWe are seeking a highly skilled and experienced professional to join our team as the Head, Model Risk Management. This is a critical role that requires a deep understanding of credit risk management and a proven track record of success in a similar position.Key ResponsibilitiesDevelop and implement effective credit risk management strategies...

  • Senior Manager, North American Business Banking Credit Risk Policy and Oversight

    2 weeks ago

    Chicago, Illinois, United States BMO Financial Group Full time

    Job SummaryWe are seeking a highly skilled Senior Manager to lead our Business Banking Credit Risk Policy and Oversight team. As a key member of our Risk Management team, you will be responsible for developing and managing credit risk management policies and frameworks for our Business Banking segment.Key ResponsibilitiesDevelop and manage credit risk...

  • Credit Risk Management Director

    3 weeks ago

    Chicago, Illinois, United States MUFG Americas Full time

    Job Title: Credit Risk Management DirectorDo you want to make a meaningful impact in the world of finance? Discover your opportunity with MUFG Americas, a leading financial institution with a strong commitment to innovation and customer satisfaction.About the Role:The Credit Risk Management Director will be responsible for overseeing the corporate lending...

  • Credit Risk Analytics Leader

    1 day ago

    Chicago, Illinois, United States NinjaHoldings Full time

    Job SummaryNinjaHoldings is seeking a seasoned analytics professional to lead our Risk & Analytics team. As a key member of our team, you will develop and implement risk strategies for new lending products, drive data-driven initiatives to optimize portfolio performance, and collaborate with cross-functional teams to explore new insights from data.Key...

  • Credit Risk Analytics Manager

    3 weeks ago

    Chicago, Illinois, United States U.S. Bank Full time

    Job DescriptionAt U.S. Bank, we're committed to fostering a culture of excellence and innovation. As a Credit Risk Analytics Manager, you'll play a critical role in helping us achieve our goals.Key ResponsibilitiesDevelop and implement effective risk management strategies to minimize losses and maximize profit potential.Collaborate with cross-functional...

  • Credit Risk Specialist

    2 days ago

    Chicago, Illinois, United States CME Group Full time

    Credit Risk Associate Job DescriptionThe Credit Risk Associate will play a pivotal role in identifying, evaluating, and managing key credit risks related to CME's counterparties and exposures for securities clearing.As a key member of the risk team, the Associate will be responsible for assessing credit risks, developing risk methodologies, and ensuring...

  • Credit Risk Specialist

    4 weeks ago

    Chicago, Illinois, United States Bank of Montreal Full time

    Job SummaryWe are seeking a skilled Credit Risk Reviewer to join our team at the Bank of Montreal. As a critical member of our Audit, Risk & Compliance group, you will conduct independent examinations of credits and portfolios to ensure risk rating accuracy and asset quality of the credit portfolio.Key ResponsibilitiesConduct thorough examinations of credits...

  • Senior Consumer Risk Manager

    3 weeks ago

    Chicago, Illinois, United States BMO US Full time

    About the RoleWe are seeking a highly skilled and experienced Senior Consumer Risk Manager to join our team at BMO US. As a key member of our Consumer Risk Management team, you will be responsible for providing strategic leadership and oversight of our consumer lending risk management activities.Key ResponsibilitiesDevelop and implement risk management...

  • Model Risk Senior Manager

    3 weeks ago

    Chicago, Illinois, United States Crowe Full time

    Job Title: Model Risk Senior ManagerCrowe is seeking a highly skilled Model Risk Senior Manager to join our team. As a key member of our risk management team, you will be responsible for performing and managing consulting projects for a variety of financial services clients.Key Responsibilities:Consult with clients on model risk management practices and...

  • Senior Credit Analyst Manager

    2 days ago

    Chicago, Illinois, United States Diligente Technologies Full time

    Job Title: Manager Credit AnalystDiligente Technologies is seeking a highly skilled Manager Credit Analyst to join our team. The ideal candidate will have a strong background in finance, accounting, and management, with a proven track record of success in credit analysis and risk management.Key Responsibilities:Develop and implement credit policies and...