Senior Analyst, Credit Risk Strategy Oversight

Bank of Montreal; Toronto; On-site; CAD 56,000 - 103,500; Full time

Benefits offered by this job

Health insurance

Tuition reimbursement

Life insurance

Retirement savings plans

Job summary

Bank of Montreal in Toronto is seeking a Senior Analyst, Credit Risk Strategy Oversight to strengthen independent risk assessment in the second line. You will analyze credit proposals, strategy updates, and ML-enabled decisioning, translating complex data into concise risk insights for governance and leadership.

The role collaborates across Credit, Product, Finance, Operations and Data/Analytics, supports stress testing and regulatory reporting, and contributes to process improvements in risk

Qualifications

• Typically 4–6 years in lending, credit risk analytics, portfolio management, or related financial roles.
• Applied analytics with Python/SQL/SAS/R; able to translate complex analysis into clear, decision-ready visuals.
• Data-driven decision making and risk-based reasoning.
• Working knowledge of banking credit risk concepts and portfolio analytics.
• Machine-learning awareness including bias, overfitting, and explainability basics.

Responsibilities

• Provide independent risk oversight and analytical reviews of credit proposals and strategy updates.
• Support regulatory capital and stress testing analyses and interpret scenarios.
• Prepare clear commentary and risk insights for committees and leadership.
• Collaborate with Credit, Product, Finance, Operations, and Data/Analytics teams.
• Assist governance activities, policy tracking, and oversight examinations.

Skills

Analytical thinking

Communication of complex findings

Stakeholder engagement

Education

Finance, Economics, Statistics, Mathematics or related field degree

Tools

Python

SQL

SAS

R

Job description

Application Deadline:08/23/2026Address:33 Dundas Street WestJob Family Group:Audit, Risk & ComplianceJoin a purpose‑driven team at the centre of BMO’s risk management ecosystem. As a Senior Analyst, Credit Risk Strategy Oversight, you will contribute analytical depth, structured review, and developing independent challenge across Canadian Retail lending business. Operating in the second line, you will apply sound judgment and strong analytical capabilities to support the identification, assessment, and communication of non‑routine credit risk issues enhancing decision quality, transparency, and alignment to risk appetite, regulatory expectations, and governance standards. Your focus will be on business/group priorities, with opportunities to contribute to enterprise initiatives as your experience grows.Key ResponsibilitiesIndependent Risk Oversight & Analytical ReviewSupport independent assessments of credit proposals, strategy updates, segmentation approaches, and ML‑enabled decisioning.Conduct analyses on assumptions, data quality, performance monitoring, and portfolio impacts; identify issues and recommend escalation where appropriate.Contribute to the preparation of clear, concise second‑line commentary, summaries, and risk insights for committees and senior leadership.Portfolio Risk Insight & Stress Testing SupportExecute components of regulatory capital and stress‑testing analysis, including data preparation, scenario interpretation, and variable review.Perform deep‑dive analytics on trends, concentrations, and emerging risks to support forward‑looking portfolio assessments.Prepare analytical summaries and visualizations that translate complex findings into decision‑ready insights.Cross‑Functional CollaborationProvide analytical support to partners in Credit, Product, Finance, Operations, and Data/Analytics, ensuring risk considerations are appropriately incorporated.Assist in preparing materials that distill complex technical analysis into clear, simple narratives suitable for non‑technical audiences.Participate in cross‑functional discussions to ensure alignment with governance, data quality, and control expectations.Credit Governance & Policy SupportSupport maintenance of credit governance documents, tracking requirements, and ensuring documentation accuracy and completeness.Assist in monitoring adherence to credit policies, standards, and Regulatory Compliance Management (RCM) requirements.Help coordinate supporting materials for oversight reviews, audits, examinations, and control‑related activities.Judgment, Independence & Continuous ImprovementWork independently on assigned analytical tasks and non‑routine issues within established guidelines and frameworks.Identify opportunities to improve processes, documentation consistency, and reporting accuracy.Take ownership of assigned workstreams, with broader responsibilities assigned as experience and business needs evolve.QualificationsTypically 4–6 years in lending, credit risk, analytics, portfolio management, or related functions within a financial institution.Postsecondary degree in Finance, Economics, Statistics, Mathematics, Engineering, or a related field or an equivalent combination of education and experience.Applied analytics experience with Python, SQL, SAS, R, or similar tools; demonstrated ability to synthesize complex analysis into clear, decision‑ready narratives and visuals.Working understanding of banking, credit risk concepts, and portfolio analytics gained through education and hands‑on experience.Data‑driven decision makingBasic understanding of compliance and regulatory expectationsMachine‑learning awareness (bias, overfitting, explainability basics)What We OfferA high‑impact second‑line role with visibility across priority businesses and exposure to enterprise initiatives.Opportunities to meaningfully strengthen credit oversight, decision quality, and portfolio resilience.A culture that values integrity, inclusion, innovation, and high performance.Access to senior leaders, cross‑functional partners, and complex challenges that support ongoing career growth.Salary :$56,000.00 - $103,500.00Pay Type:SalariedThe 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-RewardsAbout UsAt 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.