Senior Credit Manager

BMO; Edmonton; On-site; CAD 86,000 - 160,000; Full time

Job summary

A leading financial institution based in Canada seeks a Risk Manager to ensure credit quality and compliance within portfolios. The ideal candidate has over 7 years of relevant experience and a strong background in credit assessment and risk management. Responsibilities include reviewing credit applications, providing coaching, and making strategic recommendations. This role offers a competitive salary ranging from $86,000 to $160,000, alongside comprehensive benefits.

Benefits

Health insurance

Tuition reimbursement

Retirement plans

Qualifications

• Typically 7+ years of relevant experience.
• Knowledge of credit qualifications and standards.
• Expertise in banking products and regulations.

Responsibilities

• Review credit applications and transactions for assigned portfolios.
• Provide training and support to teams.
• Make recommendations to senior leaders on strategies.

Skills

Leadership

Analytical skills

Problem-solving skills

Communication

Collaboration

Data analysis

Education

Post-secondary degree

Tools

Credit analysis systems

Job description

Application Deadline :

Address :

525 8th Ave SW East Tower

Job Family Group :

Audit, Risk & Compliance

Provides independent, objective review and adjudication of credit applications and transactions for an assigned portfolio within credit limits or makes credit recommendations and escalates as required. Ensures the credit quality of the assigned portfolios is maintained within the Bank’s risk tolerance, policies & procedures, and meets financing guidelines. Supports credit adjudication operations and initiatives. Provides training and support to teams and channels where the applications and transactions originate.

• Works with stakeholders to ensure effectiveness of risk management controls, analysis, and monitoring on a transactional and portfolio basis.
• Provides credit coaching, training, and support to the team and stakeholders as required.
• Provides strategic input into business decisions as a trusted advisor.
• Makes recommendations to senior leaders on strategy and new initiatives, based on an understanding of the business/group.
• Acts as a subject matter expert on relevant regulations and policies.
• Networks with industry contacts to gain insights and best practices.
• Influences and negotiates to achieve business objectives.
• Identifies emerging issues and trends to inform decision-making.
• Recommends business priorities, advises on resource needs, and develops roadmaps for strategic execution.
• Manages resources and leads strategic initiatives to meet business and financial goals.
• Conducts independent analysis to resolve strategic issues.
• Ensures stakeholder alignment.
• Develops and manages information systems; leads initiatives to improve processes, analysis, and reporting.
• Integrates data from multiple sources for efficient processes and insights.
• Defines business requirements for analytics & reporting.
• Uses systems to manage information effectively.
• Breaks down strategic problems, analyzes data, and provides insights.
• Leads change management programs, including planning, stakeholder management, and evaluation.
• Develops communication strategies to influence or change behavior.
• Collaborates across BMO for consistent messaging.
• Executes operational programs, adapting as needed.
• Supports credit due diligence activities for acquisitions or integrations.
• Reviews and communicates credit decisions clearly.
• Advises on transaction terms, conditions, collateral, and cross-selling opportunities.
• Keeps abreast of economic and market developments to inform policies.
• Provides approval for exceptions per policies.
• Monitors the credit portfolio for compliance.
• Provides risk coaching to sales & service teams.
• Supports strategic initiatives with stakeholders.
• Builds relationships with stakeholders.
• Prepares reports and dashboards.
• Tracks performance and addresses issues.
• Ensures timely and accurate service delivery.
• Operates enterprise-wide as a resource for senior leaders.
• Uses expertise to address complex situations.
• Implements changes based on trends.

Qualifications :

Typically 7+ years of relevant experience and a post-secondary degree or equivalent.

Knowledge of credit qualifications and standards.

Expertise in banking products, industry trends, regulations, and credit policies.

Proven leadership and coaching skills.

Strong communication, analytical, and problem-solving skills.

Ability to influence and collaborate across teams.

Data-driven decision-making skills.

Must be Grey Listed.

Salary :

86,000.00 - $160,000.00

Pay Type : Salaried

The above represents BMO Financial Group’s pay range and type. Salaries vary based on location, skills, experience, education, and qualifications, and may include commissions. Part-time salaries are pro-rated. For commission roles, the listed salary is a target for the first year.

BMO’s total compensation may include incentives, bonuses, perks, and benefits such as health insurance, tuition reimbursement, and retirement plans. More details are available at :

About Us

At BMO, we are driven by a shared Purpose: Boldly Grow the Good in business and life, creating positive change for customers, communities, and employees. We foster innovation, transformation, and growth.

As a member of BMO, you are valued, respected, and supported to grow and make an impact. We provide training, coaching, and opportunities to broaden your skills.

To learn more, visit us at .

BMO values an inclusive, equitable, and accessible workplace. Accommodations are available upon request for all candidates. To request accommodations, contact your recruiter.

Note to Recruiters : BMO does not accept unsolicited resumes except directly from candidates. Unsolicited resumes will be considered BMO property. Agencies must have a valid contract to submit resumes.