Director, High Risk Portfolio Management
BMO U.S.
full-time
Posted on:
Location Type: Office
Location: Toronto • Canada
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Salary
💰 CA$86,000 - CA$160,000 per year
Job Level
About the role
- Conducts advanced financial analysis and risk assessments of clients demonstrating signs of weakness or deterioration, providing the LOB with actionable insights and recommended risk-mitigation strategies
- Offers guidance on appropriate structures, terms, and risk controls for high-risk accounts, ensuring alignment with bank policies, risk appetite, and regulatory expectations
- Advises on complex or distressed credit situations, including covenant breaches, liquidity concerns, operational challenges, and industry-driven pressures
- Supports LOB teams with strategies for managing watch-list, impaired, and emerging-risk accounts, including exit strategies, recovery pathways, and restructuring options
- Performs enhanced portfolio monitoring to detect early-warning signals, covenant non-compliance, or deteriorating credit trends
- Evaluates portfolio-level performance indicators and risk concentrations, escalating concerns where appropriate and recommending corrective actions
- Assesses the overall quality of risk management practices across the high-risk portfolio, identifying gaps and recommending improvements
- Operates as a specialist resource to senior leaders and frontline teams, supporting decision-making on complex or ambiguous credit scenarios
- Provides expertise for the review of high-risk transactions, challenging underlying assumptions, and advising on risk-aligned alternatives
- Engages with internal stakeholders to ensure consistency in the management of high-risk exposures across the enterprise
- Strengthens discipline and transparency around watch-list and impaired account management procedures
- Implements adjustments to risk oversight strategies in response to shifting market, economic, or client-specific conditions
- Contributes to enterprise initiatives that enhance risk governance, improve monitoring capabilities, and support proactive portfolio management
- Partners closely with Commercial banking stakeholders to support their management of deteriorating clients while maintaining LOB ownership of BAU underwriting and client relationships
- Supports senior leadership with insights, analysis, and recommendations to inform capital allocation decisions and risk appetite considerations
- Engages with industry peers and internal networks to stay informed on emerging risks, competitive trends, and evolving best practices
Requirements
- 7+ years of experience in credit, lending, restructuring, portfolio management, or financial analysis
- Strong credit qualifications, including deep knowledge of commercial credit structures, deteriorating-credit dynamics, and high-risk portfolio management practices
- Bachelor’s degree required; master’s degree preferred (Business Administration, Finance, Accounting, or related field)
- Demonstrated ability to assess complex financial situations, identify risks, and recommend solutions aligned with risk appetite and enterprise policies
- Proven capability to operate in an advisory role, influence stakeholders, and provide expertise in non-routine, ambiguous, or sensitive credit situations
- Strong analytical, communication, and problem-solving skills with the ability to apply sound judgment under pressure
Benefits
- Health insurance
- Tuition reimbursement
- Accident and life insurance
- Retirement savings plans
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
financial analysisrisk assessmentcredit analysisportfolio managementrestructuringrisk mitigation strategiescovenant complianceperformance indicatorsrisk management practicescapital allocation
Soft Skills
analytical skillscommunication skillsproblem-solving skillsinfluencing stakeholdersadvisory rolesound judgmentdecision-makingcollaborationstrategic thinkingadaptability