Managing Director & Head, U.S. Business Banking Credit Risk & Strategy

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The Managing Director U.S. Business Banking Credit Risk & Strategy provides senior firstline credit risk leadership for U.S. Business Banking. The role is accountable for the design governance and stewardship of the segments credit risk framework policies and portfolio risk outcomes ensuring alignment with enterprise risk appetite regulatory expectations and growth objectives. The role serves as the primary subject matter expert and representative of U.S. Business Banking Credit Risk with regulators executive leadership internal governance forums and enterprise partners. While daytoday operational execution and transformation delivery are supported by dedicated Operations & Transformation leadership this role retains accountability for risk strategy control design policy integrity and risk outcomes.

Credit Risk Strategy Framework & Policy Ownership

• Serve as the primary owner of U.S. Business Banking Credit Risk Policy and associated governance ensuring alignment with enterprise risk appetite regulatory requirements and business strategy.

• Ensure credit policies and risk frameworks are effectively translated into scalable automated credit decision logic across Business Banking portfolios.

• Define and maintain credit risk parameters underwriting standards approval authorities and exception governance frameworks including riskbased pricing inputs.

• Develop and oversee the segments credit risk framework across retail wholesale and upmarket lending balancing growth profitability and risk considerations.

• Provide oversight and effective challenge of credit risk models methodologies and assumptions used within the segment.

Portfolio Risk Oversight & Performance Management

• Own portfoliolevel credit risk oversight monitoring asset quality profitability concentration risk and emerging trends across Business Banking portfolios.

• Assess macroeconomic market and competitive dynamics to inform risk posture policy adjustments and strategic decisionmaking.

• Ensure adherence to established risk limits and controls escalating material risks themes and trends to senior leadership and governance forums.

• Lead firstline remediation of material risk portfolio performance issues and regulatory or audit findings to sustainable resolution.

Wholesale / Upmarket Credit Risk Oversight

• Provide senior firstline risk oversight for wholesale and upmarket credit activities including commercial real estate (CRE) Practice Finance and other specialized portfolios.

• Review and provide independent challenge on highrisk or complex upmarket transactions to ensure alignment with policy risk appetite and portfolio objectives.

• Oversee governance for commercial credit limit onboarding and related risk enablement supporting upmarket strategy execution.

• Maintain expertlevel knowledge of wholesale commercial lending real estate lending treasury and deposit products to inform integrated risk decisions.

Regulatory Engagement & Governance

• Act as the primary point of contact with U.S. banking regulators (including OCC CFPB FRB FDIC and SBA as applicable) for Business Banking Credit Risk.

• Lead preparation for regulatory examinations audits and independent reviews including executive responses issue management and action plans.

• Ensure timely accurate and highquality responses to regulatory and audit requests and sustained closure of Matters Requiring Attention (MRAs).

• Monitor regulatory developments and assess impacts on Business Banking credit policies portfolio strategy and governance (e.g. HMDA Regulation B/O/W DoddFrank Section 1071 SBA guidelines CECL).

Risk Controls Data Governance & Reporting Oversight

• Ensure effective design and governance of firstline credit risk controls aligned with enterprise control frameworks and corporate policies.

• Oversee credit risk data governance and reporting standards ensuring accuracy consistency audit readiness and regulatory compliance.

• Oversee governance and performance monitoring of automated credit decisioning to ensure risk outcomes fairness and control effectiveness are transparent and sustainable.

• Sponsor and oversee portfolio risk reporting dashboards and analytics used by executive leadership and governance committees.

• Provide oversight of stress testing scenario analysis and portfolio risk assessments to evaluate resilience and inform strategic actions.

Technology Automation & Advanced Analytics (Governance & Strategy)

• Provide strategic oversight and governance for credit technology enablement automated decisioning and digital credit workflows (e.g. BBX APMS).

• Retain firstline accountability for the risk strategy decision logic and governance of automated credit decisioning while execution is delivered through Operations and Technology partners.

• Champion datadriven credit risk strategies leveraging predictive models advanced analytics and automation ensuring alignment with policy and regulatory expectations.

• Partner with technology and operations leaders to ensure credit risk requirements controls and decision logic are appropriately embedded in platforms and tools.

Securitization & Specialized Risk Activities

• Provide governance oversight for securitizationrelated risk coordination and reporting activities ensuring compliance with internal standards and regulatory expectations.

• Oversee specialized or nonroutine credit risk initiatives requiring senior firstline risk judgment and governance.

Mergers & Acquisitions Due Diligence

• Provide credit risk leadership and independent assessment for potential mergers acquisitions or portfolio transactions affecting Business Banking.

• Evaluate target portfolios credit practices policies risk controls data and systems; deliver executivelevel risk assessments and recommendations.

• Partner with enterprise teams to support postacquisition integration of credit risk policies governance and oversight.

Enterprise Partnership & Leadership

• Act as a trusted advisor to senior business and risk leaders on credit risk strategy regulatory implications and emerging risk considerations.

• Represent Business Banking Credit Risk in executive committees enterprise risk forums and governance bodies.

• Build strong relationships across Credit Risk Compliance Legal Finance Operations Technology and Product to support a OneBank approach.

• Engage external industry bodies and experts to bring best practices and insights to Business Banking Credit Risk.

Leadership Expectations

• Demonstrate enterprise leadership through sound judgment principled decisionmaking and effective risk challenge.

• Set tone from the top for a strong risk culture ethics and accountability.

• Promote clarity consistency and simplicity in credit risk frameworks decision rights and governance.

• Foster open communication and constructive challenge across stakeholders and lines of defense.

Qualifications

• Typically 9 years of progressive experience in credit risk management business banking wholesale/commercial lending or related financial services roles or an equivalent combination of education and experience.

• Deep expertise in credit policy underwriting frameworks portfolio risk management and regulatory engagement across retail and wholesale lending.

• Extensive knowledge of U.S. banking regulations and examination practices.

• Proven ability to operate at an enterprise level influencing senior leaders and engaging effectively with regulators.

• Strong analytical problemsolving and datadriven decisionmaking capabilities.

• Strong technology acumen related to automated credit decisioning digital lending platforms and risk analytics.

• Exceptional written and verbal communication skills including executive and regulatory presentations.

• Demonstrated ability to lead through complexity and ambiguity in a highly regulated environment.

• Program management skills - Expert.

• Influence skills - Expert.

• Collaboration & team skills; with a focus on cross-group collaboration - Expert.

Please note the base salary range for this position is USD $215000.00 to USD $275000.00

Salary:

Pay Type:

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.

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