National Head of Portfolio Management

Responsibilities

• Provide organizational leadership to the US Commercial Real Estate team, overseeing portfolio, risk, regulatory, and compliance functions.
• Contribute to the overall strategic direction of the Commercial Real Estate line of business as a key member of the Leadership Team.
• Manage a team of 50 portfolio managers, setting objectives and tracking scorecard results.
• Make capital allocation decisions and credit recommendations in accordance with sound credit-granting principles and regulatory policies.
• Develop and execute operational strategies to align portfolio staffing and processes with business objectives.
• Collaborate with the Head of Underwriting and Commercial Banking leaders to ensure timely credit approvals and identify potential risks.
• Monitor industry trends, capital markets, and valuation shifts to maintain an acceptable risk profile.
• Represent the Bank in the business community and participate in active governance roles on community boards.

Requirements

• University Degree.
• 15+ years of experience in Commercial Real Estate lending.
• In-depth knowledge of Commercial Real Estate Valuations.
• Expert-level Risk Management and Negotiation skills.
• In-depth experience in Strategic Business Planning.
• Proven expertise in Change Leadership and Managerial Leadership.
• Strong background in Sales and Service Management.

Benefits

• Competitive salary ranging from $164,400.00 to $285,600.00.
• Performance-based incentives and discretionary bonuses.
• Comprehensive health insurance.
• Tuition reimbursement.
• Accident and life insurance.
• 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 across Canada, the United States, and globally.