Manager, Consumer Risk Portfolio Management

Overview The 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). Key Focus Areas Proactive identification of emerging credit risks Portfolio analytics and risk segmentation Oversight of business strategies against risk appetite Development of actionable insights to inform senior management and regulatory reporting Key Responsibilities Risk Identification & Portfolio Oversight (Primary Focus) Monitor portfolio performance to identify emerging credit risks, adverse trends, and concentration exposures Develop and track key risk indicators (KRIs), early warning indicators, and portfolio triggers Conduct 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 expectations Portfolio Analytics & Insights Analyze portfolio data to generate actionable insights on risk/return trade-offs Support loss forecasting, capital, and stress scenario analysis Identify drivers of delinquencies, charge-offs, and credit migration Perform ad-hoc analysis to support senior management, regulators, and business partners Risk Reporting & Governance Develop and enhance risk reporting frameworks for management and regulatory stakeholders Ensure 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 materials Support internal and external audits/examinations with clear documentation and defensible analytics Ensure strong data governance, controls, and reconciliation processes Data, Tools & Infrastructure Work with large datasets from loan systems, bureau data, and payment platforms Build and maintain reporting solutions using tools such as: SQL / SAS / Python / R (data extraction and analytics) Tableau / Power BI (dashboarding & visualization) Excel Partner with data owners to ensure data quality, completeness, and usability Contribute to automation and efficiency improvements in reporting and analytics workflows Cross-Functional Risk Oversight Act as a trusted advisor to business, finance, model risk, and collections teams Collaborate across functions to ensure consistent risk measurement and reporting Support strategic initiatives (e.g., new product launches, credit strategy changes, model implementation) from a risk perspective Qualifications 3-5+ years of experience in Consumer Credit Risk, Portfolio Management, or Risk Analytics Experience across one or more products: Credit Cards, Mortgage/HELOC, Auto/RV/Marine, Personal Lending, Small Business Bachelor’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 techniques Risk reporting frameworks and KRIs Hands-on experience with: SQL, SAS, or Python Data visualization tools (Tableau, Power BI) Ability to work with large, complex datasets and translate into clear insights Understanding of: Consumer lending lifecycle and underwriting frameworks CECL / IFRS9 concepts (preferred) Regulatory expectations (e.g., OCC guidance, SR letters, model governance principles) Experience supporting audit or regulatory reviews is a plus Strong analytical thinking and problem-solving Ability to identify risks early and escalate effectively Clear, concise communication of complex risk insights to senior stakeholders Proven ability to independently own analyses and deliver under tight timelines Salary & Pay Type Salary: $74,000.00 - $138,000.00 Pay Type: Salaried Equal Employment Opportunity Statement 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, please email View email address on click.appcast.io for assistance. #J-18808-Ljbffr BMO U.S.