A key role within US Consumer Risk Management, the successful candidate will lead the Credit Risk 2nd Line of Defense for BMO's U.S. Indirect (Marine/RV) lending portfolios, providing credit risk oversight and effective challenge to the US Indirect lending (Marine/RV) line of business. BMO's U.S. Indirect portfolio has become a leader of the industry following BMO's acquisition in 2023 of Bank of the West. Within BMO's Enterprise Risk and Portfolio Management ("ERPM") framework, the role supports ERPM's dual mandate of "Protect the Bank" and "Grow the Bank", working with 1st line partners and other 2nd line risk counterparts to ensure new Indirect Marine/RV origination strategies and account management actions are effectively managed within the Bank's risk appetite, while supporting profitable portfolio growth. + In-depth knowledge of consumer retail (Indirect) lending process and products, (strongly preferred if have past Marine/RV lending experience) with emphasis on origination strategies and process, key portfolio risk drivers, dealer risk management, product P&L and loss dynamics through the credit life cycle. + Strong portfolio analytics, presentation and data storytelling skills to provide critical insights and understanding of portfolio trends to senior leadership in 1st and 2nd line. + Relevant experience developing, implementing and monitoring credit scoring and automated decision strategies. + Proficiency with data analytics, reporting and visualization tools (e.g. SAS, SQL, Power BI, advanced MS Excel) strongly preferred. 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. + Provides input into the planning and implementation of ongoing operational programs in support risk reporting management framework. + Leads/participates in the design, implementation and management of core business/group processes. + Designs, develops, and implements reporting solutions to meet management and regulatory reporting requirements. + Provides advice and guidance to assigned business/group on implementation of analytical and reporting solutions. + Executes work to deliver timely, accurate, and efficient service for scheduled reporting production processes. + Supports the maintenance, monitoring, and measurement of key risk indicators to internal & external stakeholders. + Analyses data and information to provide risk-related insights and recommendations for the assigned portfolio e.g. capital at risk modeling, risk/return assessments, etc. + Supports the interpretation of internal and external policies and regulatory requirements relevant to the analytics and reporting mandate e.g. regulatory reporting. + Works with various data owners to discover and select available data sources from internal sources and external vendors (e.g. lending system, payment system, external credit rating system) to fulfill analytical needs. + Ensures strong governance and effective controls across risk reporting activities and information in accordance with enterprise standards. + Analyzes data and highlights significant information including variances, trends, opportunities and exposures; escalates as required. + Provides information and supports the process for internal and external audits. + Gathers and formats data into regular and ad-hoc reports, and dashboards. + Supports development and execution of strategic initiatives in collaboration with internal and external stakeholders. + Builds effective relationships with internal/external stakeholders. + Supports the maintenance of operational procedures and processes related to analytical and reporting processes. + Supports the development of tools and delivery of training focused on awareness and understanding of key data elements used in risk reporting. + Participates in the design, implementation and management of core business processes to ensure the accuracy of risk data used in reporting. + Organizes work information to ensure accuracy and completeness. + Operates at a group/enterprise-wide level and serves as a specialist resource to senior leaders and stakeholders. + Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to problems that can be complex and non-routine. + Implements changes in response to shifting trends. + Broader work or accountabilities may be assigned as needed. **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 metrics, KPIs and KRIs. + In-depth/expert knowledge of industry trends and regulatory requirements for risk reporting. + In-depth/expert product knowledge for the designated business/portfolio. + In-depth/expert knowledge of risk management theory, processes and portfolio management reporting techniques. + In-depth/expert knowledge of reporting & analytics concepts and applications. + In-depth/expert knowledge of risk systems technology. + Seasoned professional with a combination of education, experience and industry knowledge. + Verbal & written communication skills - In-depth / Expert. + Analytical and problem-solving skills - In-depth / Expert. + Influence skills - In-depth / Expert. + Collaboration & team skills; with a focus on cross-group collaboration - In-depth / Expert. + Able to manage ambiguity. + Data driven decision making - In-depth / Expert. **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 **We’re here to help** 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 committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. BMO is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter. 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.