Director – Corporate Credit Adjudication

Director – Corporate Credit Adjudication

Requirements

• Credit experience adjudicating one of more of mining, oil & gas, project finance or power, utilities & infrastructure segments would be an asset
• Typically 9+ years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience
• Credit Qualifications and associated credit knowledge and skills according to the established qualification standards
• Expert knowledge of banking products & services
• Expert knowledge of industry trends and regulations
• Expert knowledge of credit portfolio management policies & procedures, and financing guidelines
• Proven leadership skills and highly developed coaching skills
• Seasoned expert with extensive industry knowledge
• Technical leader viewed as a thought leader for innovation
• Verbal & written communication skills – Expert
• Analytical and problem solving skills – Expert
• Influence skills – Expert
• Collaboration & team skills; with a focus on cross-group collaboration – Expert
• Able to manage ambiguity
• Data driven decision making – Expert

Responsibilities

• Provides independent, objective review and adjudication of credit applications and transactions for an assigned portfolio within credit limits or makes credit recommendations and escalates as required
• Ensures the credit quality of the assigned portfolios are maintained within the Bank’s risk tolerance, policies & procedures, and meet financing guidelines
• Supports credit adjudication operations and initiatives
• Provides training and support to teams and channels where the applications and transactions originate
• Acts as a trusted advisor to senior leaders for making business decisions and implementing strategic initiatives
• Develops an expert understanding of business/group challenges
• Networks with industry contacts to gather competitive insights and best practices
• Recommends measures to improve organizational effectiveness
• May consult to or serve on various committees and task forces
• Provides credit coaching, training and support to direct team and other stakeholders as required
• Works with stakeholders to ensure effectiveness of risk management controls, analysis and monitoring on a transactional and portfolio basis
• Influences and negotiates to achieve business objectives
• Identifies emerging issues and trends to inform decision-making
• Recommends business priorities, advises on resource requirements and develops roadmap for strategic execution
• Manages resources and leads the execution of strategic initiatives to deliver on business and financial goals
• Conducts independent analysis and assessment to resolve strategic issues
• Acts as the prime contact for internal/external stakeholder relationships, which may include regulators
• Ensures alignment between stakeholders
• Develops and manages comprehensive information management systems; designs and/or leads initiatives to improve processes, analysis and reporting
• Integrates information from multiple sources to enable more efficient processes, enhanced analysis and/or streamlined reporting
• Defines business requirements for analytics & reporting to ensure data insights inform business decision making
• Employs systems (e.g. customized exception reports, tracking reports etc.) to manage information
• Breaks down strategic problems, and analyses data and information to provide insights and recommendations
• Leads change management programs of varying scope and type, including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives
• Leads the development of the communication strategy focusing on positively influencing or changing behaviour
• Collaborates across BMO to develop communications strategies and ensure consistency of messaging, in order to positively influence or change behaviour
• Leads the execution of operational programs; assesses and adapts as needed to ensure quality of execution
• Supports credit due diligence activities for bank acquisitions or integration
• Reviews and communicates decisions on credit transactions with rationale that can be understood and explained to customers
• Identifies and advises on terms, conditions and collateral requirements for the transaction decision as well as opportunities for cross-selling and/or alternative solutions to meet client’s needs
• Keeps abreast of economic and market developments within the portfolio to inform decision making and credit risk policies
• Provides approval for exceptions according to established policy and standards
• Monitors the credit portfolio through transaction review & approval to ensure compliance with the Bank’s lending policies and procedures
• Provides credit risk coaching and advice to sales & service employees to increase awareness of risk, policy, and knowledge of structuring transactions
• Builds effective relationships with internal/external stakeholders
• Gathers and formats data into regular and ad-hoc reports, and dashboards
• Monitors and tracks performance and addresses any issues
• Executes work to deliver timely, accurate, and efficient service
• Operates at a group/enterprise-wide level and serves as a senior specialist resource across BMO
• Influences how teams/groups work together
• Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to multiple, interdependent, complex problems
• Communicates abstract concepts in simple terms
• Fosters strong internal and external networks and works with and across multiple teams to achieve business objectives
• Anticipates trends and responds by implementing appropriate changes
• Broader work or accountabilities may be assigned as needed

Preferred Qualifications

• Credit experience adjudicating one of more of mining, oil & gas, project finance or power, utilities & infrastructure segments would be an asset