Senior Credit Officer, Director - Financial Institutions

Provides independent credit adjudication, approval, and risk oversight for a portfolio of Financial Institution clients, including banks, broker-dealers, asset managers and other regulated financial counter parties. This second line of defense role is responsible for evaluating complex lending, counter party credit, and trading‑product exposures, ensuring alignment with the Bank's risk appetite, credit policies, regulatory standards, and portfolio objectives. Acts as a trusted advisor to senior business and risk leaders, providing strategic guidance on credit decisions, portfolio management, emerging risks, and complex transaction structures.

• Independently assess, approve, and provide recommendations on complex credit transactions involving Financial Institution counter parties.
• Evaluate counter party credit risk, transaction structures, collateral, and risk mitigants to ensure alignment with the Bank's risk appetite and credit policies.
• Monitor portfolio quality, emerging risks, and market developments to support sound credit decision‑making.

• Act as a trusted advisor to senior business and risk leaders on credit, portfolio, and strategic risk matters.
• Lead complex credit reviews, portfolio assessments, and risk management initiatives.
• Provide independent analysis and recommendations on significant transactions and emerging risk issues.

• Partner with Capital Markets, Treasury, Legal, Compliance, and Risk teams to address complex credit matters.
• Support regulatory reviews, audits, and governance activities.
• Build strong relationships with internal and external stakeholders and represent Credit Risk in key forums and committees.

• Leverage portfolio analytics, reporting, and market insights to identify trends and inform decision‑making.
• Drive enhancements to credit frameworks, monitoring tools, reporting, and risk management processes.
• Lead strategic and operational initiatives that improve effectiveness and risk oversight.

• Provide coaching, mentorship, and credit expertise to team members and business partners.
• Foster a strong risk culture and promote sound credit judgment across the organization.
• Serve as a senior subject matter expert in Financial Institutions and Counter party Credit Risk.

• 15+ years of progressive experience in Credit Risk, Financial Institutions, Capital Markets, or Counter party Credit Risk.
• Extensive experience analyzing and underwriting Financial Institution clients, including banks, broker-dealers and other financial intermediaries.
• Strong expertise in trading products, derivatives, securities financing transactions, and counter party risk management.
• Deep understanding of financial statement analysis, credit underwriting, portfolio management, and capital markets risk.
• Expert knowledge of banking products, regulatory frameworks, credit policies, and risk governance practices.
• Proven ability to make sound credit decisions on highly complex transactions and relationships.
• Strong leadership, stakeholder management, influencing, and negotiation skills.
• Exceptional analytical, problem‑solving, and decision‑making capabilities.
• Excellent written and verbal communication skills with the ability to present complex credit matters to senior executives and risk committees.
• CFA, FRM, CPA, MBA, or similar professional designation.

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Salaried

The 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…