Manager, Credit Strategy, Consumer Credit Cards

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Role Summary

Join a high-impact team at the forefront of strategic credit decisioning. As a Manager within BMO’s Credit Strategy team, you’ll be instrumental in shaping data-driven risk strategies that elevate portfolio performance and unlock enterprise value. This is a unique opportunity to lead transformative initiatives, optimize Return on Equity (ROE), and collaborate with senior stakeholders to deliver innovative, customer-centric solutions that balance growth, risk, and profitability.

At BMO, we’re more than a bank—we’re a purpose-driven organization committed to Boldly Grow the Good in business and life. As one of North America’s top ten banks, we foster an inclusive, high-performing culture built on integrity, empathy, and innovation. Our Employee Value Proposition centers on personalized career development, competitive rewards, and holistic well-being—mental, physical, social, and financial. We empower our people to shape their future through continuous learning, flexible work arrangements, and vibrant Employee Resource Groups.

Key Responsibilities

Strategic Oversight & Risk Alignment

• Oversee the development and execution of credit strategies for the consumer credit card portfolio, ensuring alignment with enterprise risk appetite, regulatory standards, and governance frameworks.
• Monitor strategy performance and drive timely enhancements based on data-driven insights.
• Ensure consistency, quality, and compliance in strategy design, documentation, and implementation.
• Support audit and governance activities through analysis, reporting, and stakeholder engagement.

Portfolio Optimization

• Develop predictive models, business rules, and analytics to drive portfolio growth and resilience.
• Conduct deep-dive statistical analyses to uncover trends, risks, and opportunities—translating insights into actionable recommendations for senior leadership.
• Ensure end-to-end delivery of high-impact projects aligned to business goals.

Stakeholder Engagement

• Serve as a strategic advisor to cross-functional teams including credit, finance, product, and operations.
• Support change management efforts, including readiness assessments, testing, and implementation of new strategies.

Innovation & Thought Leadership

• Stay ahead of industry trends, regulatory shifts, and competitive dynamics to inform strategy.
• Contribute to a culture of innovation and continuous improvement in credit strategy development.

Qualifications

• Graduate degree in Economics, Business, Engineering, Mathematics, Finance, Data Science, or a related discipline.
• 3+ years of experience in credit strategy development, risk analytics, portfolio management or related analytics field.
• Strong understanding of credit products, risk systems, and regulatory frameworks.
• Proven track record of leading cross-functional initiatives and delivering strategic outcomes.
• Expertise in ROE analysis and implementing strategies that enhance financial performance.
• Advanced technical skills in SAS, SQL, Python, or R.
• Exceptional communication and stakeholder engagement skills, with the ability to influence across business lines.
• High initiative, adaptability, and ownership in a dynamic, fast-paced environment.

What You’ll Gain

• A strategic leadership role with direct impact on credit decisions and portfolio performance.
• Opportunities to lead high-visibility projects and shape enterprise-wide strategies.
• A collaborative, inclusive culture that values innovation, integrity, and continuous learning.
• Exposure to senior leadership and cross-functional teams across the organization.
• A platform to accelerate your career in a forward-thinking institution committed to excellence and innovation.

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 https://jobs.bmo.com/ca/en.

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

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.