Director, Credit Risk Strategy Optimization Oversight

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Join a purposedriven team at the core of BMOs risk management ecosystem. As the Director Credit Risk Strategy Optimization Oversight you will lead the endtoend optimization governance and oversight of retail credit strategies across the consumer credit lifecycle including acquisition account management line management pricing and authorizations to balance profitable growth PCL and KRM performance portfolio resilience capital efficiency and regulatory compliance. This role sets the strategy vision establishes guardrails and governance and enables a testandlearn culture to drive measurable improvements in riskadjusted returns loss outcomes capital usage and customer experience. As a senior enterprise specialist the Director provides independent effective challenge and trusted advisory to senior leaders and crossfunctional partners.

Key Responsibilities

Strategy Optimization Risk Intelligence & Effective Challenge and Portfolio Outcomes

Own the enterprise creditstrategy framework to optimize riskreward and drive improvements in approvals utilization balances profitability and portfolio quality within risk appetite and capital constraints.

• Refine the enterprise creditstrategy framework to ensure optimal riskreward capital efficiency and compliance with risk appetite governance and regulatory expectations.
• Act as senior SME guiding champion/challenger design across approvals line strategies pricing/offers and authorization rules using rigorous experimentation advanced analytics and sound risk judgment.
• Embed a disciplined effectivechallenge function across the full strategy lifecycle ensuring integrity in problem framing data/feature quality model/score use test design monitoring fairness reviews and documentation.
• Convert analytical insights into scalable production strategies using bureau behavioural and alternative data; establish strong KPI/KRM monitoring to support performance resilience and earlywarning detection.
• Elevate risk intelligence by synthesizing earlywarning signals peer benchmarks macro trends stressscenario results and regulatory developments into actionable forwardlooking guidance for senior leaders.
• Embed affordability macrosensitivity stresstesting outcomes and PD/LGD/EAD overlays directly into strategy design to ensure resilience across economic conditions.
• Review strategic business cases to ensure analytical defensibility alignment to risk appetite sound assumptions and strong control considerations.
• Maintain transparent auditready documentation including strategy rationale controls change logs and validation summaries.

Strategic Advisory Governance & Oversight

• Define and enforce strategy guardrails documentation standards and governance routines aligned with enterprise risk appetite Model Risk Compliance and OSFI expectations.
• Serve as primary liaison to 2nd Line Internal Audit and governance forums providing independent perspectives on portfolio trends emerging risks variances and mitigants.
• Establish strategy quality controls including pre/postimplementation validation backtesting shadow reads and model/score usage attestations within disciplined changemanagement processes.
• Connect strategy changes to capital impacts stresstesting outcomes lossforecasting results and riskappetite metrics to ensure clear traceability from policy to execution.

Analytics Tooling & Infrastructure

• Optimize decision engines and adaptivecontrol tools (e.g. TRIAD Strategy Manager DMP) to enable rapid deployment segmentation and throttle management.
• Partner with Data Engineering/T&O and Modeling teams to productionize risk signals scores affordability metrics PD/LGD overlays with strong controls monitoring and version governance.
• Advance visualization standards and selfserve analytics to improve transparency KPI drilldowns and executiveready storytelling.

Leadership Stakeholder & Change

• Build and lead a highperforming creditstrategy oversight and analytics team fostering a culture of curiosity effective challenge experimentation and evidencebased storytelling.
• Drive crossfunctional alignment with Product Group Risk Finance/Capital Collections Fraud Legal/Compliance Data & AI and Technology to deliver highimpact strategy changes and capability enhancements.
• Champion disciplined change management through strong problem statements structured delivery plans and clear benefits realization.

Qualifications

• 10 years in financial services/fintech/consulting with leadership in credit strategy portfolio analytics or credit policy.
• Graduate degree in a quantitative field (Math/Stats Analytics Engineering Finance/Econ OR Business).
• Handson experience designing and scaling credit strategies across the lifecycle including champion/challenger testing and KPI ownership.
• Strong program/changeleadership skills with demonstrated crossfunctional execution.
• Advanced communication skills succinct influential and accessible to senior nontechnical audiences.
• Technical proficiency in Python SQL and BI tools (Tableau Looker Power BI); experience with adaptivecontrol/decision engines (TRIAD DMP).
• Broad understanding of retail banking products risk methodologies bureau data and lossforecasting/timeseries concepts.
• Experience with experimentation platforms score/strategy deployment and Canadian regulatory expectations.
• Knowledge of fairlending/adverseimpact analysis model monitoring ML ops/feature store concepts and consumercredit pricing science.

What We Offer

• A strategic secondline leadership role with enterprisewide visibility influence and the ability to shape credit decisioning across the bank.
• A meaningful opportunity to strengthen credit oversight elevate decision quality and enhance portfolio resilience through strategy optimization and risk intelligence.
• A culture grounded in integrity innovation inclusion and performance where evidencebased thinking and effective challenge are valued.
• Direct access to senior leadership and crossfunctional partners along with complex analytical and strategic challenges that support continuous growth and career progression.
• Flexibility autonomy and longterm career development within one of North Americas most respected and forwardlooking financial institutions.

The above represents BMO Financial Groups 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 Groups expected target for the first year in this position.

BMO Financial Groups 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: 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. Well 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 well help you gain valuable experience and broaden your skillset.

To find out more visit us at is committed to an inclusive equitable and accessible workplace. By learning from each others 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. 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.