Senior Manager, Portfolio Management


  • Company:
    BMO Harris Bank
  • Location:
  • Salary:
    negotiable / monthly
  • Job type:
    Full-Time
  • Posted:
    7 days ago
  • Category:
    Business / Mgmt

This role undertakes credit portfolio management, applying a strategic risk perspective to investigating, identifying and assessing areas of credit risk/exposure. Candidate will work with risk reporting and portfolio management reports and other tools and methodologies to measure, monitor and assess risk and risk capital utilization and recommend actions to address single name and portfolio level risk concentration, profitability assessment, risk capital allocation and portfolio risk/return. Portfolio Management, Credit Risk Analysis : Undertake analysis of exposures and segments to identify, quantify and assess risk within the credit portfolios across the Enterprise to ensure the level of credit and counterparty risk the Bank is exposed to is appropriate, within the Bank’s risk limits, and is not displaying material adverse trends Utilize reports and queries to analyze data, conduct scenario analysis, assess new product and credit strategies, assess and quantify risk and risk concentrations, portfolio loss and profitability trends Leverage credit risk management and analysis experience to provide thought leadership to team members to drive insights on the enterprise credit risk portfolio and develop recommendations for risk management strategies to optimize the risk return profile of credit risk portfolios Effectively synthesize results to ensure CRO, Senior Risk executives and other risk colleagues understand outcomes of analysis Partner closely with the Risk Reporting group to leverage data sources for analysis and ensure appropriate cuts of data are created as needed Work with other members of ERPM to manage and monitor risk and ensure risk is accurately measured and assigned appropriate risk capital. Monitor the external environment/economic trends to identify potential risks and impact to Enterprise credit portfolios. Represent ERPM and provide credit risk oversight and perspective in committees and projects This role undertakes credit portfolio management, applying a strategic risk perspective to investigating, identifying and assessing areas of credit risk/exposure. Candidate will work with risk reporting and portfolio management reports and other tools and methodologies to measure, monitor and assess risk and risk capital utilization and recommend actions to address single name and portfolio level risk concentration, profitability assessment, risk capital allocation and portfolio risk/return. Portfolio Management, Credit Risk Analysis : Undertake analysis of exposures and segments to identify, quantify and assess risk within the credit portfolios across the Enterprise to ensure the level of credit and counterparty risk the Bank is exposed to is appropriate, within the Bank’s risk limits, and is not displaying material adverse trends Utilize reports and queries to analyze data, conduct scenario analysis, assess new product and credit strategies, assess and quantify risk and risk concentrations, portfolio loss and profitability trends Leverage credit risk management and analysis experience to provide thought leadership to team members to drive insights on the enterprise credit risk portfolio and develop recommendations for risk management strategies to optimize the risk return profile of credit risk portfolios Effectively synthesize results to ensure CRO, Senior Risk executives and other risk colleagues understand outcomes of analysis Partner closely with the Risk Reporting group to leverage data sources for analysis and ensure appropriate cuts of data are created as needed Work with other members of ERPM to manage and monitor risk and ensure risk is accurately measured and assigned appropriate risk capital. Monitor the external environment/economic trends to identify potential risks and impact to Enterprise credit portfolios. Represent ERPM and provide credit risk oversight and perspective in committees and projects Knowledge: Graduate degree in business, finance, economics degree At least 5 years of relevant credit risk management experience with a major financial institution. CFA and/or FRM desired. Working knowledge of financial modeling and portfolio management strategies – risk based pricing, aggregation, securitization, hedging, optimization Skills: Expert analytical capabilities, with working knowledge of credit risk models including the models underlying regulatory and economic capital. Strong team player. Highly developed personal effectiveness skills, which include the ability to influence and negotiate, adapt to varying conditions, apply creativity and seize personal development opportunities Strong written and verbal communication skills Strong credit skills, experienced in lending and credit qualified We’re here to help At BMO we have a shared purpose; we put the customer at the centre of everything we do – helping people is in our DNA. For 200 years we have thought about the future—the future of our customers, our communities and our people. We help our customers and our communities by working together, innovating and pushing boundaries to bring them our very best every day. Together we’re changing the way people think about a bank. 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://bmocareers.com/ . 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. Accommodations are available on request for candidates taking part in all aspects of the selection process. Knowledge: Graduate degree in business, finance, economics degree At least 5 years of relevant credit risk management experience with a major financial institution. CFA and/or FRM desired. Working knowledge of financial modeling and portfolio management strategies – risk based pricing, aggregation, securitization, hedging, optimization Skills: Expert analytical capabilities, with working knowledge of credit risk models including the models underlying regulatory and economic capital. Strong team player. Highly developed personal effectiveness skills, which include the ability to influence and negotiate, adapt to varying conditions, apply creativity and seize personal development opportunities Strong written and verbal communication skills Strong credit skills, experienced in lending and credit qualified We’re here to help At BMO we have a shared purpose; we put the customer at the centre of everything we do – helping people is in our DNA. For 200 years we have thought about the future—the future of our customers, our communities and our people. We help our customers and our communities by working together, innovating and pushing boundaries to bring them our very best every day. Together we’re changing the way people think about a bank. 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://bmocareers.com/ . 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. Accommodations are available on request for candidates taking part in all aspects of the selection process. Risk ManagementRisk ManagementCanada-Ontario-TorontoCanada-Ontario-TorontoERPM-X000073ERPM-X000073full-timefull-time11/30/1811/30/18OngoingOngoing