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Director, Credit Risk Policy

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: BMO U.S.
Full Time position
Listed on 2026-01-10
Job specializations:
  • Management
    Business Analyst, Business Management, Corporate Strategy, Business Continuity
Job Description & How to Apply Below

Join to apply for the Director, Credit Risk Policy role at BMO U.S.

The position can be hybrid or remote.

Responsibilities
  • Fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behaviours in all that they do.
  • Ensures alignment between values and behaviour that fosters diversity and inclusion.
  • Regularly connects work to BMO's purpose, sets inspirational goals, defines clear expected outcomes, and ensures clear accountability for follow through.
  • Builds interdependent teams that collaborate across functional and operating groups to create the highest value for all stakeholders.
  • Attracts, retains, and enables the career development of top talent.
  • Improves team performance, recognizes and rewards performance, coaches employees, supports their development, and manages poor performance.
  • 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.
  • Influences and negotiates to achieve business objectives.
  • Identifies emerging issues and trends to inform decision-making.
  • Designs, develops and implements multi‑year strategy (including governance, program design, operating frameworks, tools and processes).
  • Monitors adherence to standards and assists with issue management.
  • Develops the business case by identifying needs, analysing potential options and assessing expected return on investment.
  • 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.
  • Analyzes the impact of projects related to compliance, transformation, system upgrades etc. on policies and procedures. Assesses and reports the impact of changes to stakeholders.
  • Acts as the prime contact for internal/external stakeholder relationships, which may include regulators.
  • Designs and produces regular and ad‑hoc reports, and dashboards.
  • Develops and manages comprehensive information management systems; designs and/or leads initiatives to improve processes, analysis and reporting.
  • Defines business requirements for analytics & reporting to ensure data insights inform business decision making.
  • Leads change management programmes 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.
  • Assesses and adapts existing operational programmes; develops new capabilities to ensure ongoing success.
  • Leads the execution of operational programmes; assesses and adapts as needed to ensure quality of execution.
  • Oversees the design, development, and implementation of tools and training required to deliver business results.
  • Creates, implements and sustains the guidelines, standard, operating procedures and other documentation.
  • Initiates and coordinates review processes among stakeholders.
  • Identifies and eliminates gaps in current state of policies and procedural documentation.
  • Reviews documentation on a timely basis to ensure they are up to date, accurate and complete.
  • Breaks down strategic problems, and analyses data and information to provide insights and recommendations.
  • Builds effective relationships with internal/external stakeholders.
  • Ensures alignment between stakeholders.
  • Monitors and tracks performance, and addresses any issues.
  • Designs and produces regular and ad‑hoc reports, and dashboards.
  • Identifies business needs, designs/develops tools and training programs; may include delivery of training to audiences.
  • Employs systems (e.g. customised exception reports, tracking reports etc.) to manage information.
  • Operates at a…
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