Director, CCR Oversight

Responsibilities

• Design and implement Counterparty Credit Risk (CCR) reporting, analytics, and governance frameworks
• Provide market risk oversight, monitoring, and reporting for designated portfolios
• Develop and monitor market risk management frameworks, including policies, standards, and methodologies
• Act as a subject matter expert on relevant regulations and assess their impact on governance frameworks
• Provide strategic input to senior leaders and act as a trusted advisor on business decisions and new initiatives
• Lead the development of risk metrics, dashboards, and comprehensive information management systems
• Manage the review and sign-off process for regulatory reporting and attestations
• Coordinate deep-dive reviews of specific counterparties or segments and participate in stress testing
• Lead change management programs and strategic initiatives to improve risk governance and execution

Requirements

• 7+ years of relevant experience in risk management or a related field
• Post-secondary degree in a related field of study or equivalent combination of education and experience
• Expert knowledge of market risk management practices and regulatory requirements
• Expertise in risk policy frameworks and quality control/testing frameworks
• Strong analytical and problem-solving skills with a data-driven approach to decision-making
• Advanced verbal and written communication skills with the ability to influence and negotiate
• Proven ability to manage ambiguity and lead cross-group collaboration

About the Company

BMO is a leading North American bank driven by a single purpose: to Boldly Grow the Good in business and life. With more than 12 million customers, we provide personal and commercial banking, wealth management, and investment services across Canada, the United States, and globally.