Manager, Consumer Risk Portfolio Management

Application Deadline:07/30/2026Address:320 S Canal StreetJob Family Group:Data Analytics & ReportingThe Manager, Portfolio Risk Management is responsible for independent risk oversight and early risk identification across consumer lending portfolios (e.g., Credit Cards, Mortgage/HELOC, Direct Lending, Indirect/RV/Marine, Small Business).This role focuses on:Proactive identification of emerging credit risksPortfolio analytics and risk segmentationOversight of business strategies against risk appetiteDevelopment of actionable insights to inform senior management and regulatory reportingThe ideal candidate brings strong quantitative skills, deep knowledge of consumer credit risk, and hands-on experience with modern analytics and data tools .Key Responsibilities1. Risk Identification & Portfolio Oversight (Primary Focus)Monitor portfolio performance to identify emerging credit risks, adverse trends, and concentration exposuresDevelop and track key risk indicators (KRIs), early warning indicators, and portfolio triggersConduct deep-dive analyses (vintage, segmentation, roll rates, loss drivers, score band performance)Provide independent challenge to business strategies (growth, underwriting, pricing, line management, collections)Assess alignment with risk appetite, credit policy, and regulatory expectations2. Portfolio Analytics & InsightsAnalyze portfolio data to generate actionable insights on risk/return trade-offsSupport loss forecasting, capital, and stress scenario analysisIdentify drivers of delinquencies, charge-offs, and credit migrationPerform ad-hoc analysis to support senior management, regulators, and business partners3. Risk Reporting & GovernanceDevelop and enhance risk reporting frameworks for management and regulatory stakeholdersEnsure reporting is accurate, timely, and aligned with regulatory standards (e.g., OCC, CECL, Basel where applicable)Lead preparation of portfolio risk summaries, dashboards, and executive materialsSupport internal and external audits/examinations with clear documentation and defensible analyticsEnsure strong data governance, controls, and reconciliation processes4. Data, Tools & InfrastructureWork with large datasets from loan systems, bureau data, and payment platformsBuild and maintain reporting solutions using tools such as:SQL / SAS / Python / R (data extraction and analytics)Tableau / Power BI (dashboarding & visualization)ExcelPartner with data owners to ensure data quality, completeness, and usabilityContribute to automation and efficiency improvements in reporting and analytics workflows5. Cross-Functional Risk OversightAct as a trusted advisor to business, finance, model risk, and collections teamsCollaborate across functions to ensure consistent risk measurement and reportingSupport strategic initiatives (e.g., new product launches, credit strategy changes, model implementation) from a risk perspectiveQualificationsExperience & Education3-5+ years of experience in Consumer Credit Risk, Portfolio Management, or Risk AnalyticsExperience across one or more products: Credit Cards, Mortgage/HELOC, Auto/RV/Marine, Personal Lending, Small BusinessBachelor’s degree in Finance, Economics, Statistics, Mathematics, or related field (advanced degree preferred)Strong knowledge of:Credit risk metrics (delinquency, roll rates, loss rates, vintage, PD/LGD concepts)Portfolio risk analytics and segmentation techniquesRisk reporting frameworks and KRIsHands-on experience with:SQL, SAS, or PythonData visualization tools (Tableau, Power BI)Ability to work with large, complex datasets and translate into clear insightsUnderstanding of:Consumer lending lifecycle and underwriting frameworksCECL / IFRS9 concepts (preferred)Regulatory expectations (e.g., OCC guidance, SR letters, model governance principles)Experience supporting audit or regulatory reviews is a plusStrong analytical thinking and problem-solvingAbility to identify risks early and escalate effectivelyClear, concise communication of complex risk insights to senior stakeholdersProven ability to independently own analyses and deliver under tight timelinesSalary :$74,000.00 - $138,000.00Pay Type:SalariedThe 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 based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: UsAt BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset.To find out more visit us at is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristics. We also consider applicants with criminal histories, consistent with applicable federal, state and local law.BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to View email address on click.appcast.io and let us know the nature of your request and your contact information.Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes. #J-18808-Ljbffr Bank of Montreal