Overview

Application Deadline: 09/20/2026 Address: 33 Dundas Street West Job Family Group:Audit, Risk & Compliance Join a purpose driven team at the core of BMO's risk management ecosystem. As the Senior Manager, Credit Risk Strategy Oversight, you will provide independent, forward looking challenge on credit strategies, policies, and portfolio decisions across BMO's Canadian Retail lending business. In this high impact second line role, you will strengthen the bank's risk discipline through clear, data driven oversight, ensuring alignment with risk appetite, regulatory expectations, and enterprise governance. You will influence strategic credit outcomes, elevate decision quality, and help embed sound credit practices across the lifecycle. This role provides meaningful opportunities to strengthen portfolio resilience and support BMO's commitment to Boldly Grow the Good. Key Responsibilities Independent Risk Oversight & Effective ChallengeProvide objective, evidence based challenge on credit proposals, strategy changes, segmentation approaches, ML enabled decisioning, and underwriting standards to ensure alignment with risk appetite and regulatory expectations.Assess conceptual soundness, core assumptions, data quality, and directional risk impacts across origination, account management, and collections strategies.Monitor portfolio performance, early warning indicators, and emerging risks; escalate material issues with clear, actionable recommendations.Identify deviations from expected outcomes and support timely adjustments to strategies, controls, and processes. Portfolio Risk Insight & AnalyticsPartner with business teams to review and validate business cases, ensuring assumptions are robust, risk and financial impacts are well quantified, and proposals comply with enterprise standards and governance requirements.Conduct deep dive portfolio analytics including trend, segmentation, and concentration analyses to identify emerging vulnerabilities and forward looking loss drivers.Lead analytical assessments that support regulatory capital and stress testing activities, with a focus on PCL, capital (KRM), and scenario impacts on expected losses.Deliver data driven insights to strengthen portfolio quality, enhance risk adjusted returns, and improve decision effectiveness across the credit lifecycle.Represent the second line in select cross functional governance forums and regulatory interactions, clearly articulating risk, loss, and stress related insights. Credit Governance, Policy & Framework StewardshipSupport enhancements to credit risk governance frameworks, including authorities, controls, and alignment with enterprise and model risk standards.Oversee adherence to credit related policies, standards, and regulatory requirements; partner closely with Compliance on the Regulatory Compliance Management (RCM) program.Manage governance documentation across its lifecycle, including credit proposals, policy updates, decision memos, model related oversight materials, and second line reporting. Cross Functional Influence & CollaborationBuild strong partnerships with credit, finance, product, legal, operations, data/analytics, and modeling teams to embed risk considerations early in design.Influence senior stakeholders through concise, insight rich analysis that enhances transparency and elevates decision quality.Ensure alignment of business initiatives with enterprise expectations, including business casing, risk management, model governance, and data governance requirements. Leadership & Culture BuildingMentor and develop analysts and associates to strengthen analytical rigor, credit judgment, and effective challenge capabilities.Foster a culture grounded in integrity, transparency, and continuous improvement.Operate as a specialist resource and trusted advisor to senior leaders and key stakeholders across the organization.Apply strong analytical skills and creative problem solving to navigate complex or ambiguous situations.Stay current on e