Senior Analyst, Loan Review

BMO•Toronto, ON

2d•CA$56,000 - CA$103,500

About The Position

Monitors, analyzes, and reports on the quality of risk-related decisions for a designated lending portfolio. Examines individual transactions and aggregate level portfolio information to provide insights on the accuracy and consistency of decisions relative to risk strategies, policies, and appetite. Identifies deficiencies and recommends corrective action plans. Supports the execution of strategic initiatives in collaboration with internal and external stakeholders. Supports the development and promotion of a business/group program. Provides input into the planning and implementation of operational programs. Independently examines credit transactions for adherence to all policies and procedures applicable to the transaction based on established assessment processes. Documents and reports results of reviews on an individual and summary basis; identifies and recommends action plans for resolving issues. Identifies where corrective actions are required (e.g. incomplete investigations and analysis, unauthorized advances, possible fraudulent transactions) and escalates per guidelines; ensures corrective action is taken. Leverages AI tools to identify anomalies, policy breaches, and emerging risks, improving review coverage, consistency, and speed. Uses AI-driven insights to support judgment, strengthen root-cause analysis, and enable proactive identification of portfolio risks and remediation actions. Consults with stakeholders to improve consistency and transparency of risk measurement, metrics and reporting. Develops solutions and makes recommendations based on an understanding of the business strategy and stakeholder needs. Provides advice and guidance to assigned business/group on implementation of solutions. Builds effective relationships with internal/external stakeholders. Employs systems (e.g. customized exception reports, tracking reports etc.) to manage information. Integrates information from multiple sources to enable more efficient processes, enhanced analysis and/or streamlined reporting. Breaks down strategic problems, and analyses data and information to provide insights and recommendations. Identifies business needs, designs/develops tools and training programs; may include delivery of training to audiences. Focus is primarily on business/group within BMO; may have broader, enterprise-wide focus. Exercises judgment to identify, diagnose, and solve problems within given rules. Works independently on a range of complex tasks, which may include unique situations. Broader work or accountabilities may be assigned as needed.

Requirements

Typically between 4 - 6 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
In-depth knowledge of credit, portfolio management and risk management practices.
Credit/lending experience.
Technical proficiency gained through education and/or business experience.
Verbal & written communication skills - In-depth.
Collaboration & team skills - In-depth.
Analytical and problem solving skills - In-depth.
Influence skills - In-depth.
Data driven decision making - In-depth.

Responsibilities

Monitors, analyzes, and reports on the quality of risk-related decisions for a designated lending portfolio.
Examines individual transactions and aggregate level portfolio information to provide insights on the accuracy and consistency of decisions relative to risk strategies, policies, and appetite.
Identifies deficiencies and recommends corrective action plans.
Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.
Supports the development and promotion of a business/group program.
Provides input into the planning and implementation of operational programs.
Independently examines credit transactions for adherence to all policies and procedures applicable to the transaction based on established assessment processes.
Documents and reports results of reviews on an individual and summary basis; identifies and recommends action plans for resolving issues.
Identifies where corrective actions are required (e.g. incomplete investigations and analysis, unauthorized advances, possible fraudulent transactions) and escalates per guidelines; ensures corrective action is taken.
Leverages AI tools to identify anomalies, policy breaches, and emerging risks, improving review coverage, consistency, and speed.
Uses AI-driven insights to support judgment, strengthen root-cause analysis, and enable proactive identification of portfolio risks and remediation actions.
Consults with stakeholders to improve consistency and transparency of risk measurement, metrics and reporting.
Develops solutions and makes recommendations based on an understanding of the business strategy and stakeholder needs.
Provides advice and guidance to assigned business/group on implementation of solutions.
Builds effective relationships with internal/external stakeholders.
Employs systems (e.g. customized exception reports, tracking reports etc.) to manage information.
Integrates information from multiple sources to enable more efficient processes, enhanced analysis and/or streamlined reporting.
Breaks down strategic problems, and analyses data and information to provide insights and recommendations.
Identifies business needs, designs/develops tools and training programs; may include delivery of training to audiences.
Exercises judgment to identify, diagnose, and solve problems within given rules.
Works independently on a range of complex tasks, which may include unique situations.
Broader work or accountabilities may be assigned as needed.