Director, Personal Lending Credit Strategy & Performance

Bank of Montreal; Canada; On-site; CAD 110,000 - 193,000; Full time

Job summary

A leading financial institution in Canada is seeking a Director for Personal Lending Credit Strategy & Performance to drive risk management within the Consumer Unsecured Lending segment. Applicants should possess over 10 years of experience and a deep understanding of risk management theories. This role includes leadership responsibilities, oversight of portfolio performance, and collaboration with senior executives for strategic initiatives. Competitive salary and comprehensive benefits offered.

Benefits

Health insurance

Tuition reimbursement

Accident and life insurance

Retirement savings plans

Performance-based incentives

Qualifications

• 10+ years of relevant experience in financial services.
• Strong analytical and problem-solving skills.
• Proven leadership capabilities and team development.

Responsibilities

• Act as key contact for product initiatives and risk oversight.
• Lead a high-performing team to develop acquisition strategies.
• Oversee portfolio performance and account management.

Skills

Expert product knowledge for the unsecured portfolio risk management

Expert knowledge of risk management theory

Expert knowledge of modeling & analytics

Excellent verbal & written communication

Strong influence and collaboration skills

Ability to manage ambiguity

Education

Post-secondary degree in related field

Job description

Director, Personal Lending Credit Strategy & Performance page is loaded

Director, Personal Lending Credit Strategy & Performance

Apply locations Toronto, ON, CAN time type Full time posted on Posted Yesterday job requisition id R240027200

Application Deadline:

08/15/2025

Address:

33 Dundas Street West

Job Family Group:

Audit, Risk & Compliance

The Director, Personal Lending Credit Strategy and Portfolio Performance, is part of Credit Risk Management function in a collaborative environment that supports Consumer Unsecured Lending segment of the bank, including Line of Credit, Personal Loans, Student Loans, Overdraft Protection, etc. The incumbent will have high visibility to senior executives and will be a recognized contributor who impacts the client experience and bank’s results. Some main responsibilities are:

• Acts as a key point of contact and trust advisor for the lines of business in all product initiatives and discussions pertaining to operating within risk appetite, providing independent risk oversight, and ensuring that growth initiatives are optimized for both risk and return.
• Leads a high performing team to develop and maintain acquisition strategies using analytical solutions to enable high-quality, fact-based decisions for a designated risk portfolio, within Personal Lending segment.
• Oversees portfolio performance and account management activities and optimizes the quality of unsecured lending books.
• Develops and maintains in-depth knowledge of business product strategies and related risk management requirements and legislative/regulatory directives throughout the customer lifecycle.
• Embodies the following leadership aspects:
  • Clear and effective communication - Summarize and presents findings & recommendations in a simple, clear way to drive action with leaders, partners, and stakeholders.
  • Develops colleagues: Attracts, retains, and enables the career development of top talent. Improves team performance, recognizes and rewards performance, coaches employees, supports their development, and manages poor performance.
  • Drives Results: Defines business requirements for analytics & reporting to ensure data insights inform business decision making. Manages resources, priorities and leads the execution of strategic initiatives to deliver on business and financial goals
• Fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behaviours in all that they do.
• Ensures alignment between values and behaviour that fosters diversity and inclusion.
• Regularly connects work to BMO's purpose, sets inspirational goals, defines clear expected outcomes, and ensures clear accountability for follow through.

Additional (optional)

• Acts as a trusted advisor to senior leaders for making business decisions and implementing strategic initiatives.
• Interprets new regulations and assesses impacts to the risk strategy framework.
• Identifies emerging issues and trends to inform decision-making.
• Measures the effectiveness of risk decision strategy management framework; recommends changes as required.
• Acts as the prime contact for internal/external stakeholder relationships, which may include regulators.
• Develops and maintains in-depth knowledge of business product strategies and related risk management requirements and legislative/ regulatory directives.
• Works with stakeholders to identify the business requirements, understand the profitability structure, the risk / return assessment and the expected outcomes.
• Works with data owners to discover and select available data sources from internal sources and external vendors (e.g. lending system, payment system, external credit rating system) to fulfill analytical needs.
• Consults with stakeholders to improve consistency and transparency of risk measurement, metrics and reporting.
• Influences how teams/groups work together.
• Anticipates trends and responds by implementing appropriate changes
• Broader work or accountabilities may be assigned as needed.

Qualifications:

• Typically 10+ years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience
• Expert product knowledge for the unsecured portfolio risk management
• Expert knowledge of risk management theory, processes and portfolio management reporting techniques.
• Expert knowledge of modelling & analytics concepts and applications for problem solving.
• Technical leader viewed as a thought leader for innovation.
• Verbal & written communication skills - Expert.
• Influence skills - Expert.
• Collaboration & team skills; with a focus on cross-group collaboration - Expert
• Able to manage ambiguity.

Salary :

$110,500.00 - $192,500.00

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 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://jobs.bmo.com/ca/en .

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. 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.

About Us

BMO is a leading bank driven by a single purpose: to Boldly Grow the Good in business and life. Everywhere we do business, we’re focused on building, investing and transforming how we work to drive performance and continue growing the good.

Who we are

We’re proud to be fueling growth and expanding possibilities for individuals, families and businesses. More than 12 million customers count on us for personal and commercial banking, wealth management and investment services. As the 8th largest bank in North America by assets, we provide personal and commercial banking, wealth management and investment services to more than 12 million customers. In Canada, the United States and across the globe, we’ll continue to build, invest and transform to drive performance that serves the good that grows.