Senior Credit Officer, Director - Financial Institutions

Application Deadline: 10/29/2026

Address:320 S Canal Street

Job Family Group:Audit, Risk & Compliance

Provides independent credit adjudication, approval, and risk oversight for a portfolio of Financial Institution clients, including banks, broker-dealers, asset managers and other regulated financial counterparties. This second line of defense role is responsible for evaluating complex lending, counterparty credit, and trading-product exposures, ensuring alignment with the Bank's risk appetite, credit policies, regulatory standards, and portfolio objectives. Acts as a trusted advisor to senior business and risk leaders, providing strategic guidance on credit decisions, portfolio management, emerging risks, and complex transaction structures.

Credit Adjudication & Risk Management

• Independently assess, approve, and provide recommendations on complex credit transactions involving Financial Institution counterparties.

• Evaluate counterparty credit risk, transaction structures, collateral, and risk mitigants to ensure alignment with the Bank's risk appetite and credit policies.

• Monitor portfolio quality, emerging risks, and market developments to support sound credit decision-making.

Strategic Leadership & Advisory

• Act as a trusted advisor to senior business and risk leaders on credit, portfolio, and strategic risk matters.

• Lead complex credit reviews, portfolio assessments, and risk management initiatives.

• Provide independent analysis and recommendations on significant transactions and emerging risk issues.

Stakeholder Management & Governance

• Partner with Capital Markets, Treasury, Legal, Compliance, and Risk teams to address complex credit matters.

• Support regulatory reviews, audits, and governance activities.

• Build strong relationships with internal and external stakeholders and represent Credit Risk in key forums and committees.

Portfolio Analytics & Process Enhancement

• Leverage portfolio analytics, reporting, and market insights to identify trends and inform decision-making.

• Drive enhancements to credit frameworks, monitoring tools, reporting, and risk management processes.

• Lead strategic and operational initiatives that improve effectiveness and risk oversight.

People Leadership & Expertise

• Provide coaching, mentorship, and credit expertise to team members and business partners.

• Foster a strong risk culture and promote sound credit judgment across the organization.

• Serve as a senior subject matter expert in Financial Institutions and Counterparty Credit Risk.

Qualifications:

• 15+ years of progressive experience in Credit Risk, Financial Institutions, Capital Markets, or Counterparty Credit Risk.

• Extensive experience analyzing and underwriting Financial Institution clients, including banks, broker-dealers and other financial intermediaries.

• Strong expertise in trading products, derivatives, securities financing transactions, and counterparty risk management.

• Deep understanding of financial statement analysis, credit underwriting, portfolio management, and capital markets risk.

• Expert knowledge of banking products, regulatory frameworks, credit policies, and risk governance practices.

• Proven ability to make sound credit decisions on highly complex transactions and relationships.

• Strong leadership, stakeholder management, influencing, and negotiation skills.

• Exceptional analytical, problem-solving, and decision-making capabilities.

• Excellent written and verbal communication skills with the ability to present complex credit matters to senior executives and risk committees.

• CFA, FRM, CPA, MBA, or similar professional designation.

Salary: $130,000.00 - $270,000.00

Pay Type: Salaried

The above represents BMO Financial Group’s pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.

BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards

About Us

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset.

To find out more visit us at http://jobs.bmo.com/us/en

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 for any part of the employment process, please send an e-mail to BMOCareers.Support@bmo.com and let us know the nature of your request and your contact information.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.