Credit Officer Leverage Lending and Technology

Audit, Risk & Compliance

Provides independent, objective review and adjudication of credit applications and transactions for an assigned portfolio within credit limits or makes credit recommendations and escalates as required. Ensures the credit quality of the assigned portfolios are maintained within the Bank's risk tolerance, policies & procedures, and meet financing guidelines. Supports credit adjudication operations and initiatives. Provides training and support to teams and channels where the applications and transactions originate.

Responsibilities include:

• Acting as a trusted advisor to senior leaders for making business decisions and implementing strategic initiatives.
• Developing an expert understanding of business/group challenges.
• Networking with industry contacts to gather competitive insights and best practices.
• Recommending measures to improve organizational effectiveness.
• May consult to or serve on various committees and task forces.
• Providing credit coaching, training and support to direct team and other stakeholders as required.
• Working with stakeholders to ensure effectiveness of risk management controls, analysis and monitoring on a transactional and portfolio basis.
• Influencing and negotiating to achieve business objectives.
• Identifying emerging issues and trends to inform decision-making.
• Recommending business priorities, advising on resource requirements and developing roadmap for strategic execution.
• Managing resources and leading the execution of strategic initiatives to deliver on business and financial goals.
• Conducting independent analysis and assessment to resolve strategic issues.
• Acting as the prime contact for internal/external stakeholder relationships, which may include regulators.
• Ensuring alignment between stakeholders.
• Developing and managing comprehensive information management systems; designing and/or leading initiatives to improve processes, analysis and reporting.
• Integrating information from multiple sources to enable more efficient processes, enhanced analysis and/or streamlined reporting.
• Defining business requirements for analytics & reporting to ensure data insights inform business decision making.
• Employs systems (e.g. customized exception reports, tracking reports etc.) to manage information.
• Breaking down strategic problems, and analysing data and information to provide insights and recommendations.
• Leading change management programs of varying scope and type, including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives.
• Leading the development of the communication strategy focusing on positively influencing or changing behaviour.
• Collaborating across BMO to develop communications strategies and ensure consistency of messaging, in order to positively influence or change behaviour.
• Leading the execution of operational programs; assessing and adapting as needed to ensure quality of execution.
• Supporting credit due diligence activities for bank acquisitions or integration.
• Reviewing and communicating decisions on credit transactions with rationale that can be understood and explained to customers.
• Identifying and advising on terms, conditions and collateral requirements for the transaction decision as well as opportunities for cross-selling and/or alternative solutions to meet client's needs.
• Keeping abreast of economic and market developments within the portfolio to inform decision making and credit risk policies.
• Providing approval for exceptions according to established policy and standards.
• Monitoring the credit portfolio through transaction review & approval to ensure compliance with the Bank's lending policies and procedures.
• Providing credit risk coaching and advice to sales & service employees to increase awareness of risk, policy, and knowledge of structuring transactions.
• Building effective relationships with internal/external stakeholders.
• Gathering and formatting data into regular and ad-hoc reports, and dashboards.
• Monitoring and tracking performance and addressing any issues.
• Executing work to deliver timely, accurate, and efficient service.
• Operating at a group/enterprise-wide level and serving as a senior specialist resource across BMO.
• Influencing how teams/groups work together.
• Applying expertise and thinking creatively to address unique or ambiguous situations and to find solutions to multiple, interdependent, complex problems.
• Communicating abstract concepts in simple terms.
• Fostering strong internal and external networks and working with and across multiple teams to achieve business objectives.
• Anticipating trends and responding by implementing appropriate changes.
• Broader work or accountabilities may be assigned as needed.

Qualifications:

• Typically 9+ years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
• Credit Qualifications and associated credit knowledge and skills according to the established qualification standards.
• Expert knowledge of banking products & services.
• Expert knowledge of industry trends and regulations.
• Expert knowledge of credit portfolio management policies & procedures, and financing guidelines.
• Proven leadership skills and highly developed coaching skills.
• Seasoned expert with extensive industry knowledge.
• Technical leader viewed as a thought leader for innovation.
• Verbal & written communication skills - Expert.
• Analytical and problem solving skills - Expert.
• Influence skills - Expert.
• Collaboration & team skills; with a focus on cross-group collaboration - Expert.
• Able to manage ambiguity.
• Data driven decision making - Expert.

Salary: $137,000.00 - $238,000.00

Pay Type: 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 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:

About Us

At 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

BMO 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.