Director, Credit Adjudication in London

This is an excellent opportunity for a Director, Credit Adjudication at BMO. In this role, you will use your financial statement analysis knowledge, trading products experience and understanding of both counterparty credit risk and lending to provide independent, objective review and adjudication of credit applications and transactions within credit limits. Portfolio coverage will include Banks and non-Bank Financial Institutions capturing trading products (e.g. FX, derivatives, securities financing) as well as lending. Other portfolios may be assigned depending on your interests and experience. This position is located in London and in-office collaboration is required 2-3 days a week.

Responsibilities:

• 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.
• Understands the risks of the supported industries; provides relevant ideas and opinions to support creative and sound solutions.
• Makes decisions based on a strong understanding of risks; effectively evaluates risk-return trade-offs, and proactively takes accountability for risks assumed.
• 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.
• Applies trading product and counterparty credit expertise and thinks creatively to address unique or ambiguous situations to find solutions to problems that can be complex and non-routine.
• Builds effective relationships with internal/external stakeholders.
• 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.
• Provides credit coaching, training and support to direct team and other stakeholders as required.
• Influences and negotiates to achieve business objectives.
• Identifies emerging issues and trends to inform decision-making.
• Recommends measures to improve organizational effectiveness.
• May consult to or serve on various committees and task forces.
• Works with stakeholders to ensure effectiveness of risk management controls, analysis and monitoring on a transactional and portfolio basis.
• Leads the execution of operational and improvement programs; assesses and adapts as needed to ensure quality of execution.
• Manages resources and leads the execution of strategic initiatives to deliver on business and financial goals.
• Leads change management programs of varying scope and type, including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives.
• 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.
• Breaks down strategic problems, and analyses data and information to provide insights and recommendations.
• Supports credit due diligence activities for bank acquisitions or integration.
• 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.

Qualifications:

• 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.
• Analytical and problem solving skills - Expert.
• Influence skills - Expert.
• Collaboration & team skills; with a focus on cross-group collaboration - Expert.
• Able to manage ambiguity.

Please note you must have the Right to Work in the UK for this role.