Senior Insurance Credit Risk Lead

Internationalinsuranceprofessionals; Chicago (IL); Presencial; USD 130 000 - 270 000; Tempo integral

Vantagens oferecidas por esta oferta de emprego

Health insurance

Tuition reimbursement

Accident and life insurance

Retirement savings plan

Resumo da oferta

BMO Financial Group in Chicago seeks an accomplished senior credit risk leader to manage adjudication and portfolio oversight for U.S. Life and P&C insurance exposures.

You will partner with Investment Banking, Corporate Banking, Trading, and Capital Markets to evaluate complex lending, derivatives, and other credit exposures while aligning with risk appetite and regulatory expectations. The role requires deep insurance sector knowledge, superior analytical abilities, and a proven ability to

Qualificações

• 10+ years of experience in credit risk, counterparty credit risk, insurance credit, or financial institutions.
• Significant coverage experience across U.S. Life Insurance and/or P&C Insurance sectors.
• Strong lending, credit underwriting, and counterparty credit risk expertise, including capital markets products.
• Experience presenting complex credit recommendations to senior executives and credit committees.
• Proven ability to manage large, complex portfolios and credit exposures.
• Deep knowledge of the U.S. insurance industry, including Life, Annuities, Reinsurance, and P&C sectors.
• Strong understanding of insurance financial analysis, capital adequacy, reserving practices, and regulatory frameworks.
• Advanced credit structuring, portfolio management, and risk mitigation skills.
• Expertise in lending products, derivatives, and capital markets-related credit exposures.
• Strong executive presence with exceptional stakeholder management and influencing abilities.
• Superior analytical, strategic thinking, and problem-solving skills.
• Ability to communicate complex credit concepts clearly to diverse audiences.
• Demonstrated leadership, coaching, and talent development experience.

Responsabilidades

• Provide independent credit assessment and adjudication of lending, trading, and counterparty credit exposures involving U.S. Life Insurance and P&C Insurance companies.
• Approve transactions within delegated authority and provide recommendations for transactions requiring escalation.
• Assess borrower and counterparty creditworthiness through detailed analysis of financial performance, capital adequacy, liquidity, asset quality, profitability, and risk profile.
• Evaluate and approve a broad range of products, including corporate lending facilities, derivatives, securities financing transactions, repo, and other capital markets products.
• Monitor portfolio quality and emerging risks to ensure exposures remain within the Bank's risk appetite and established credit policies.
• Recommend transaction structures, covenants, collateral arrangements, and credit risk mitigants to appropriately manage risk.
• Serve as the subject matter expert for the U.S. Insurance sector, including Life, Annuity, Reinsurance, and P&C Insurance companies.
• Analyze statutory and GAAP financial statements, RBC capital metrics, reserving adequacy, investment portfolio composition, liquidity, and ERM frameworks.
• Maintain a current understanding of industry trends, regulatory developments, market conditions, and competitive dynamics affecting insurance companies.
• Identify emerging risks and opportunities across the insurance portfolio and communicate implications to senior leadership.
• Partner with Investment Banking, Corporate Banking, Trading, and Capital Markets teams to support client activities while maintaining strong independent risk oversight.
• Act as a trusted advisor to senior business leaders on complex credit and risk matters.
• Influence transaction structures and risk outcomes through effective negotiation and stakeholder engagement.
• Present credit recommendations and portfolio views to senior management and credit committees.
• Build strong relationships across Risk, Front Office, Legal, Compliance, Finance, and Regulatory functions.
• Provide credit coaching, mentorship, and technical guidance to junior credit professionals and broader stakeholder groups.
• Support strategic initiatives, process enhancements, credit policy development, and risk management projects.
• Lead or participate in regulatory reviews, audits, and governance activities as required.
• Contribute to the development of portfolio reporting, risk analytics, and management information systems.

Conhecimentos

Credit risk

Insurance domain

Executive communication

Portfolio management

Regulatory knowledge

Derivatives

Leadership

Industry insights

Formação académica

CFA/FRM/CPA/MBA

Descrição da oferta de emprego

BMO Financial Group in Chicago seeks an accomplished senior credit risk leader to manage adjudication and portfolio oversight for U.S. Life and P&C insurance exposures.

You will partner with Investment Banking, Corporate Banking, Trading, and Capital Markets to evaluate complex lending, derivatives, and other credit exposures while aligning with risk appetite and regulatory expectations. The role requires deep insurance sector knowledge, superior analytical abilities, and a proven ability to