Manager, credit strategy

BMO Financial Group; Toronto; On-site; CAD 69,000 - 129,000; Full time

Job summary

A leading banking institution is seeking a Manager within the Credit Strategy team in Toronto. You will shape data-driven risk strategies, optimize portfolio performance, and lead transformative initiatives. The ideal candidate has a graduate degree and over 3 years of relevant experience, encompassing credit strategy development and risk analytics. This role offers competitive compensation and a commitment to personal development within a vibrant workplace culture.

Benefits

Health insurance

Tuition reimbursement

Retirement savings plans

Performance-based incentives

Discretionary bonuses

Qualifications

• 3+ years of experience in credit strategy development, risk analytics, or related field.
• Strong understanding of credit products and regulatory frameworks.
• Proven track record of delivering strategic outcomes.

Responsibilities

• Design and refine credit risk strategies using predictive modeling and analytics.
• Lead initiatives enhancing ROE through risk-adjusted pricing and capital efficiency.
• Conduct statistical analyses to uncover trends and risks.

Skills

Credit strategy development

Risk analytics

Portfolio management

Stakeholder engagement

Communication

Education

Graduate degree in Economics, Business, Engineering, Mathematics, Finance, Data Science or related discipline

Tools

SAS

SQL

Python

R

Job description

Application Deadline: 12/15/2025

Address: 33 Dundas Street West

Job Family Group: Audit, Risk & Compliance

Join a high-impact team at the forefront of strategic credit decisioning. As a Manager within BMO’s Credit Strategy team, you’ll be instrumental in shaping data-driven risk strategies that elevate portfolio performance and unlock enterprise value. This is a unique opportunity to lead transformative initiatives, optimize Return on Equity (ROE), and collaborate with senior stakeholders to deliver innovative, customer-centric solutions that balance growth, risk, and profitability.

At BMO, we’re more than a bank—we’re a purpose-driven organization committed to Boldly Grow the Good in business and life. As one of North America’s top ten banks, we foster an inclusive, high-performing culture built on integrity, empathy, and innovation. Our Employee Value Proposition centers on personalized career development, competitive rewards, and holistic well-being—mental, physical, social, and financial. We empower our people to shape their future through continuous learning, flexible work arrangements, and vibrant Employee Resource Groups.

• Design and refine credit risk strategies using predictive modeling, advanced analytics, and business rules to drive portfolio growth and resilience.
• Lead strategic initiatives that enhance ROE through risk-adjusted pricing, capital efficiency, and portfolio optimization.
• Own end-to-end delivery of high-impact projects, ensuring alignment with business goals and measurable outcomes.
• Monitor strategy performance and implement data-driven enhancements to improve results.
• Conduct deep-dive statistical analyses to uncover trends, risks, and opportunities—translating insights into actionable recommendations for senior leadership.
• Ensure strategies align with enterprise risk appetite and regulatory standards, support audits and governance forums.
• Serve as a strategic advisor to cross-functional teams including credit, finance, product, and operations.
• Support change management efforts, including readiness assessments, testing, and seamless implementation of new strategies.
• Stay ahead of industry trends, regulatory shifts, and competitive dynamics to inform strategy and maintain a forward-looking approach.
• Champion innovation and creative thinking to deliver differentiated credit strategies that drive growth and competitive advantage.

Qualifications

• Graduate degree in Economics, Business, Engineering, Mathematics, Finance, Data Science, or a related discipline; Advanced degree is preferred.
• 3+ years of experience in credit strategy development, risk analytics, portfolio management or related analytics field.
• Strong understanding of credit products, risk systems, and regulatory frameworks.
• Proven track record of leading cross-functional initiatives and delivering strategic outcomes.
• Expertise in ROE analysis and implementing strategies that enhance financial performance.
• Advanced technical skills in SAS, SQL, Python, or R.
• Exceptional communication and stakeholder engagement skills, with the ability to influence across business lines.
• High initiative, adaptability, and ownership in a dynamic, fast-paced environment.

Salary: $69,000.00 - $129,000.00

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 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.