**MANDATE** The Portfolio Risk Management Director will support Corporate Banking professionals in executing the first line of defense accountability for strong risk culture. Portfolio Risk Management Director provides robust, thoughtful analysis and provides recommendations to senior leadership that inform their views on risk management strategy. KEY AREAS OF ACCOUNTABILITY + **Analytics: 50%** + **Business Delivery & Operational Effectiveness: 30%** + **Special Projects: 20%** **ACCOUNTABILITIES DEFINED** **Analytics** + Conceptualize credit portfolio analytics , providing timely , relevant metrics and insights on portfolio trends for Executive Management. + Develop forward-looking analytical insights. Evolve content to adapt to the changing credit, economic, strategic and regulatory environment. + Oversee production of I&CB Risk Committee materials and Watchlist and Impaired Book for CB Global Head. Advise sector heads on RMC decks for consistency. + Analyze watch list and impaired formations throughout the quarter, understand themes by sector and implications for management. Investigate root cause of changes in risk. + Approach analytics holistically, leveraging second line risk dashboards and risk / reporting views to achieve alignment of risk analytics with Enterprise views. + Drive continued development of KRM’s and KRI’S, setting appropriate risk tolerance thresholds annually. Assess drivers and action plans quarterly to address limit breaches. + Partner with VP RFM to evaluate and assess the components that can best provide portfolio insights as business needs evolve. + Partner and collaborate with sector heads to stay apprised of their priorities and how that translates into information and analytics needed. Attend CB Leadership meetings on the topic or liase with RFM Group head weekly to understand business needs for data and reporting. + Partner with Risk and NACB to share best practices. + Participate in International Association of Credit Portfolio Managers Industry group and bring learnings to the Bank. + Evaluate, analyze and execute new portfolio risk mandates including risk transfer products and capital reduction initiatives. Develop appropriate governance, accountability and controls. B. Business Delivery & Operational Effectiveness + Partner with OCOO on regulatory initiatives that relate to credit and portfolio risk. C. Special Projects + Lead and coordinate risk-related projects as the credit environment and economic events dictate + Interact with Wholesale Credit Methodology on matters regarding credit risk measures. + Facilitate consistent implementation of mandates across the Global Corporate Bank + Advocate for the Corporate Bank on enterprise-wide initiatives **CROSS-FUNCTIONAL RELATIONSHIPS** This role requires the incumbent to interact with the following processes and/or groups: + Managing Directors + Directors + Vice Presidents + Strategy & Business Management + Enterprise Risk and Portfolio Management (Risk Reporting, Corporate and Commercial Credit, WCM, technology integration, foundational risk management) + Business Intelligence & Analytics + Risk and Capital Solutions + Office of COO + Corporate & Commercial Lending Operations **SCOPE AND IMPACT** The work product directly impacts management’s view of portfolio initiatives and risk management requirements within the Corporate Bank The Director Portfolio Management provides high visibility across the global Corporate Bank, other LOBs, and throughout the Enterprise. **KNOWLEDGE AND SKILLS** Knowledge: + An undergraduate degree with focus in finance, economics, or accounting. + 10+ years of relevant work experience in a corporate lending environment + Formal credit training and prior lending authority as asset + Credit analysis experience/understanding + Strong knowledge of Corporate Banking products + Superior knowledge of internal lending and portfolio management policies Skills: + Superb reasoning skills + Superior written and oral communication + Exceptional quantitative analytics and credit analysis skills + Strong interpersonal skills used within a team environment + Strong ability to advocate persuasively + Strong attention to detail + Ability to work independently and to learn and adapt quickly. + Excellent capability to effectively manage multiple priorities + Ability to be creative, insightful, and resourceful in performance of duties + Expertise in Microsoft Office applications including PowerPoint and Excel, and other database management tools preferred **Salary:** $100,000.00 - $185,500.00 **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.