Director, Credit Risk Strategy Optimization Oversight

Responsibilities

• Lead the end-to-end optimization, governance, and oversight of retail credit strategies to balance profitable growth and regulatory compliance.
• Own the enterprise credit-strategy framework to optimize risk-reward, capital efficiency, and portfolio quality.
• Act as a senior SME guiding champion/challenger design across approvals, line strategies, pricing, and authorization rules.
• Embed a disciplined effective-challenge function across the full strategy lifecycle, ensuring integrity in data quality, model use, and documentation.
• Convert analytical insights into scalable production strategies using bureau, behavioral, and alternative data.
• Define and enforce strategy guardrails and governance routines aligned with enterprise risk appetite and OSFI expectations.
• Build and lead a high-performing credit-strategy oversight and analytics team.

Requirements

• 10+ years of experience in financial services, fintech, or consulting with leadership in credit strategy or portfolio analytics.
• Graduate degree in a quantitative field such as Mathematics, Statistics, Engineering, Finance, Economics, or Operations Research.
• Hands-on experience designing and scaling credit strategies across the consumer credit lifecycle.
• Technical proficiency in Python, SQL, and BI tools (e.g., Tableau, Looker, Power BI).
• Strong understanding of Canadian regulatory expectations and retail banking products.
• Experience with experimentation platforms, champion/challenger testing, and decision engines.

Preferred Qualifications

• Experience with adaptive-control tools such as TRIAD or DMP.
• Knowledge of fair-lending/adverse-impact analysis and model monitoring.
• Familiarity with ML ops, feature store concepts, and consumer-credit pricing science.

Benefits

• Strategic leadership role with enterprise-wide visibility and influence.
• Opportunities for continuous growth and career progression within a leading North American financial institution.
• Comprehensive compensation package including health insurance, tuition reimbursement, and retirement savings plans.

About the Company

BMO is a leading bank driven by a single purpose: to Boldly Grow the Good in business and life. As the 8th largest bank in North America by assets, we provide personal and commercial banking, wealth management, and investment services to more than 12 million customers globally.