Senior Credit Risk Reviewer

Application Deadline:

11/19/2026

Address:

790 N Water Street

Job Family Group:

Audit, Risk & Compliance

Conducts independent examinations of credits and portfolios to ensure risk rating accuracy and asset quality of the credit portfolio. As a critical component of risk management at BMO, this work provides vital assurance to the Board of Directors and senior management as to the quality of the internal control system and in so doing helps reduce the risk of loss and reputational damage to the Company. Identifies unacceptable/high risk circumstances that could lead to material impact on profitability or reputation. Provides independent assurance on the quality and effectiveness of internal control, risk management, and governance systems and processes to support senior management and the Board in protecting BMO and its reputation.

• •Advises on credit policies, and processes to account management.
• •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.
• •Helps determine business priorities and best sequence for execution of business/group strategy.
• •Conducts independent analysis and assessment to resolve strategic issues.
• •Develops the business case by identifying needs, analysing potential options and assessing expected return on investment.
• •Collaborates and interacts with senior leaders to maximize risk return and improve the customer experience through the lending process.
• •Breaks down strategic problems, and analyses data and information to provide insights and recommendations.
• •Manages review findings and follow up in transparency, consistency, detailed ongoing communications with senior leaders and proper escalation of findings to assure appropriate resolutions of issues and follow up action plans.
• •Collaborates across BMO to develop communications strategies and ensure consistency of messaging, in order to positively influence or change behaviour.
• •Participates in special credit reviews, research, or other projects and initiatives, as may be assigned, particularly in start-up phase of credit risk review.
• •Where appropriate, hires and onboards new team members.
• •Continues to develop a highly engaged team with specialised expertise.
• •Ensures work of subordinates is well executed in accordance with standards and that their judgments are sound, well documented and repeatable.
• •Manages regular performance and performance assessment of all staff for which they are responsible. Recognizes the appropriate value of timing of rewards.
• •Reviews and rates credit risks to assure timeliness and accuracy of credit risk ratings for the assigned commercial loan portfolio and/or retail loan portfolio.
• •Participates in ongoing portfolio reviews, target examinations, portfolio deep dives, and special reviews of specific credits in accordance with Credit Risk Review Mandate and Procedures.
• •Assesses ratings and evaluation of the adherence to policies and procedures, as well as the effectiveness and accuracy of credit analysis, collateral evaluation, monitoring, underwriting quality, and identification and management of problem credits.
• •Assigns grades for the quality and risk profile of the portfolios reviewed and the compliance of the related unit(s) with bank policies and procedures.
• •Recommends action plans for resolving material issues noted in reviews.
• •Provides training and support to internal stakeholders on risk rating accuracy and best practices in credit risk.
• •Builds relationships with lending areas and across risk management.
• •Assures consistent practices and applications of Credit Risk Review Mandate and Procedures.
• •Completes investigations, assigned tasks, reports, and contribute to overall review assessments and grades timely, accurately and with appropriate diligence.
• •Represents Credit Risk Review as requested in various cross enterprise working groups in order to provide credit risk oversight and perspectives.
• •Aggregates Credit Risk Review intelligence, indentifies issues and reports to Senior Management, various internal committees and/or Boards.
• •Works collaboratively with internal stakeholders to maximize risk return and improve the customer experience through the lending process.
• •Participates in due diligence for portfolio or bank acquisitions via credit risk evaluations.
• •Contributes to the development and implementation of loan policies and procedures, on an as-needed basis.
• •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 between 15+ years of relevant experience and/or certification in related field of study or an equivalent combination of education and experience.
• •Professional designations or business designation: CPA, MBA, CFA.
• •Credit qualification required according to the standards established within the Credit Qualification Process Policies and Procedures.
• •Superior knowledge of all phases of effective credit administrations, policies and procedures, commercial lending and/or retail lending processes, and analytical practices.
• •Essential to have ability to identify early warning signals and required practices for management of problem accounts. Experience with loan workouts preferred.
• •Extensive knowledge of and experience with Corporate Policies/Standards, Commercial and/or Retail Lending Process and Directives, the enterprise’s credit culture and procedures, and general banking practices and regulations.
• •Superior credit analytics and risk evaluation skills.
• •Strong finance and accounting practice skills.
• •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 :

$85,000.00 - $180,000.00

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 y