Managing Director & Head, Credit & Portfolio Management

Bank N.A.; New York (NY); Sur place; USD 270 000 - 330 000; Plein temps

Résumé du poste

Bank N.A. in New York invites applications for the Head of Credit & Portfolio Management within Global Corporate Banking. The role leads PM governance, risk oversight, and senior approval authority, guiding credit structuring excellence across the U.S.

and Canada. Based in NYC, the leader collaborates with Risk, Compliance and regulators to uphold the Risk Appetite framework and drive performance across LUs.

Responsabilités

• Governance & Standards: Establish PM standards; governance across Corporate Banking; align policies and risk controls.
• Credit Governance & Approval: Exercise delegated authority; challenge material credit and portfolio risk; participate in risk committees.
• Regulatory, Audit & Control: Represent PM with Risk, Compliance, Audit; lead regulatory change initiatives; ensure audit readiness.
• Portfolio Monitoring & Risk Insights: Own KRIs dashboard; monitor concentrations, trends, and emerging risks; advise management.
• Active Portfolio Management & Capital Productivity: Maintain de-risking playbooks; balance growth with credit quality.
• Credit Products & Structuring: Define hand-off from origination to PM; coach on complex financing structures.
• Talent & Capability Development: Set standards; plan succession; develop PM talent.
• PM Effectiveness & Operating Model: Drive process improvements; oversee PM KPIs; manage back-office support and governance.

Description du poste

Application Deadline: 11/30/2026

Address: 151 W 42nd Street

Job Family Group: Capital Mrkts Sales & Service

Please note the base salary for this role is $300,000.00 USD.

The Head of Credit & Portfolio Management is the senior leader of the Portfolio Management (PM) function across Global Corporate Banking in Canada and the U.S. The role owns PM governance, standards and risk oversight. It serves as the senior PM approval authority within the delegated lending framework, leads active portfolio management and credit structuring excellence, and is the principal Corporate Banking representative to Risk, Compliance, Internal Audit and regulators on PM matters.

The role sets the standards and the operating model. Lending Unit PM leaders own business execution, staffing and portfolio outcomes. The role partners with Risk & Financial Management, Capital Markets and Global Transaction Banking, and applies effective challenge within BMO's Risk Appetite framework.

Key Accountabilities

• 1. Governance & Standards Acting as the key governance driver for the PM function; own PM standards, policy interpretation and governance consistency across Corporate Banking. Maintain a common PM operating playbook across LUs, standardizing intent and repeatable work rather than org models. Provide Corporate Banking input to BMO corporate policies and lending directives, and ensure policies are interpreted and applied correctly. Hold a standing seat on credit and risk committees as a delegate to the Co-Heads of Global Corporate Banking, with a documented escalation protocol.


• 2. Credit Governance & Approval Authority Exercise delegated approval authority within delegated limits for transactions above LU PM head authority. Serve as delegate for Business Head signoffs for the Co-Heads of Global Corporate Banking. Provide effective challenge on material credit, underwriting and portfolio risk; elevate significant policy, governance or risk concerns. Represent Corporate Banking on the U.S. Allowance Committee and contribute to the allowance and provisioning outlook. Ensure risk-taking stays within the Risk Appetite framework, agreed limits and regulatory requirements.


• 3. Regulatory, Audit & Control Leadership Act as the primary PM representative with Risk, Compliance, Internal Audit and regulators; lead on exams and reviews relating to Corporate Banking. Lead PM-related remediation and regulatory change initiatives; act as direct counterpart to 2nd and 3rd line workstreams. Ensure control effectiveness and audit readiness, including 1st line quality assurance of credit processes.


• 4. Portfolio Monitoring & Risk Insights Act as chief architect of the KRI dashboard and wider monitoring controls; own a common Corporate Banking PM reporting framework covering KRIs, watchlist migration, EWIs and past dues. Provide management insight on portfolio trends, concentrations and emerging risks, including sector and macro developments, working with sector heads and Industry Verticals. Direct oversight of high-risk accounts: risk-rating accuracy, timely action on deteriorating credits, and Special Assets liaison with lessons-learned sessions. Contribute stress testing and scenario analysis inputs for the Corporate Banking portfolio. Own the PM data and reporting technology roadmap to establish a common fact base.


• 5. Active Portfolio Management & Capital Productivity Maintain a Corporate Banking de-risking playbook with trigger frameworks for emerging risk and shifting concentrations. Provide Corporate Banking input to the industry, single-name, tenor and product limit framework, and monitor the portfolio against it. Partner with Capital Markets on hold levels, distribution, hedging and risk-transfer levers. Maintain a long-term portfolio view that balances profitable growth with credit quality.


• 6. Credit Products & Structuring Define the new-deal hand-off from origination to PM, clarifying deal understanding, owners and post-close items. Support LUs that elect a greater PM role in new-business underwriting; origination retains client ownership and negotiation. Provide structuring expertise and coaching on complex transactions; evaluate new and tailored financing structures and related policy changes.


• 7. Talent & Capability Development Establish PM competency standards, training curriculum and career frameworks, coordinating with the Training working group. Lead PM succession planning and talent development; set junior staffing principles that allow flexible deployment across LUs.


• 8. PM Effectiveness & Operating Model Drive process simplification, automation and operating-model enhancements across PM workflows. Oversee centralized mid-to-back-office support (LC, TPS, KYC), with PM retaining risk decisions and accountability. Oversee PM KPIs and performance measurements across Corporate Banking, in coordination with the KPI task force. Continue oversight and management of the BA team.


• 9. Leadership & Culture Promote the Bank's risk culture: clear accoun