Strategic FI Credit Leader & Risk Advisor

BMO; Chicago (IL); On-site; USD 130,000 - 270,000; Full time

Benefits offered by this job

Health insurance

Tuition reimbursement

Accident and life insurance

Retirement savings plans

Job summary

BMO Financial Group in Chicago is seeking a senior Credit Risk leader to independently adjudicate complex transactions, oversee counterparty risk, and guide portfolio risk decisions. You will collaborate with Capital Markets, Treasury, Legal, and Compliance to ensure alignment with risk appetite and governance standards.

Ideal candidates will have 15+ years in FI/CR, strong analytical capabilities, and proven leadership to influence senior executives and risk committees.

Qualifications

• 15+ years of progressive experience in Credit Risk, Financial Institutions, Capital Markets, or Counterparty Credit Risk.
• Extensive experience analyzing and underwriting Financial Institution clients such as banks and broker-dealers.
• Strong expertise in trading products, derivatives, and counterparty risk management.
• Deep understanding of financial statement analysis, credit underwriting, portfolio management, and capital markets risk.
• Expert knowledge of banking products, regulatory frameworks, and risk governance practices.
• Proven ability to make sound credit decisions on highly complex transactions and relationships; strong leadership and communication skills.

Responsibilities

• Independently assess, approve, and provide recommendations on complex credit transactions involving FI counterparties.
• Evaluate counterparty credit risk, transaction structures, collateral, and risk mitigants.
• Monitor portfolio quality, emerging risks, and market developments to support sound decisions.
• Lead complex credit reviews, portfolio assessments, and risk management initiatives.
• Provide independent analysis and recommendations on significant transactions and risk issues.
• Build relationships with stakeholders and represent Credit Risk in key forums and committees.

Skills

Credit risk

Financial institutions

Capital markets

Counterparty risk

Credit underwriting

Regulatory frameworks

Leadership

Stakeholder management

Analytical skills

Communication skills

Education

CFA/FRM/CPA/MBA

Job description

BMO Financial Group in Chicago is seeking a senior Credit Risk leader to independently adjudicate complex transactions, oversee counterparty risk, and guide portfolio risk decisions. You will collaborate with Capital Markets, Treasury, Legal, and Compliance to ensure alignment with risk appetite and governance standards.

Ideal candidates will have 15+ years in FI/CR, strong analytical capabilities, and proven leadership to influence senior executives and risk committees.