Director, Credit Policy & Governance

Provides subject matter expertise in the design, development, management, and implementation of assigned projects from business case development through execution. Works across BMO to deliver specific project/program business results in alignment with overall group goals.

• Primarily involved with credit policy development including drafting, reviewing, and finalizing policies in conjunction with Retail Credit and Wholesale Credit teams

• Provides inputs in the creation of target operating model credit policies that is being created across the Bank at the enterprise level

• Oversees implementation of credit and other relevant policies that apply to Business Banking (up to $1MM Total Committed Relationship or TCR) as well as Up Market Strategy for TCR > $1MM

• Ensures Governance related tasks are completed as it relates to implemented policies

• Fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behaviours in all that they do.

• Ensures alignment between values and behaviour that fosters diversity and inclusion.

• Regularly connects work to BMO’s purpose, sets inspirational goals, defines clear expected outcomes, and ensures clear accountability for follow through.

• Builds interdependent teams that collaborate across functional and operating groups to create the highest value for all stakeholders.

• Attracts, retains, and enables the career development of top talent.

• Improves team performance, recognizes and rewards performance, coaches employees, supports their development, and manages poor performance.

• Positions BMO as a leader within the target market (including internal and external product offerings).

• Develops strategies that allow the market segment to achieve the status of highly credible and trusted strategic partners, and build expertise for BMO to be viewed as a valuable source of information, advice, and guidance (internally and externally).

• Continuously monitors program performance and external environment for effectiveness and ensures programs are updated to reflect current requirements.

• Develops and manages relationships with divisional and market contacts and networks, and leverages internal and external data to identify, analyze, and size opportunities, and monitor competitive activities.

• Acts as a trusted advisor to senior leaders for making business decisions and implementing strategic initiatives.

• Develops an expert understanding of business/group challenges.

• Networks with industry contacts to gather competitive insights and best practices.

• Influences and negotiates to achieve business objectives.

• Acts as a subject matter expert on relevant regulations and policies.

• Recommends measures to improve organizational effectiveness.

• Manages multiple programs / projects simultaneously and resolves conflicting priorities.

• Helps determine business priorities and best sequence for execution of business / group strategy.

• Conducts independent analysis and assessment to resolve strategic issues.

• Keeps stakeholders informed of messages, recommendations, decisions, process, and progress.

• Monitors and facilitates adherence to strategic and enterprise governance requirements.

• Provides coaching on complex strategic and business issues and facilitates processes to reach effective resolution.

• Breaks down strategic problems, and analyses data and information to provide insights and recommendations.

• Monitors and tracks performance, and addresses any issues.

• Designs and produces regular and ad-hoc reports, and dashboards.

• Identifies emerging issues and trends to inform decision-making.

• Leads change management programs of varying scope and type, including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives.

• Leads or participates in…