BMO U.S. · 1 day ago
Director, Special Assets Management
Milwaukee, WI
Full-time
Onsite
Mid, Senior Level
$112K/yr - $209K/yr
7+ years expBMO U.S. is dedicated to delivering an exceptional customer experience and managing high-risk borrowing accounts. The Director of Special Assets Management will advise stakeholders on credit risk transactions, make credit decisions, and lead strategic initiatives to enhance profitability and manage risks.
Banking
Responsibilities
Delivers an exceptional customer experience for a defined portfolio of high risk borrowing accounts by applying expertise to reduce the Bank’s loss exposure and manage risks
Advises internal and external stakeholders on complex, high-risk credit risk transactions and mitigation strategies
Makes credit decisions/recommendations in accordance with sound credit-granting principles and in compliance with Bank Policy & Procedures
Works with stakeholders to deepen relationships and grow the overall profitability of the portfolio
Works with stakeholders to ensure effectiveness of risk management controls, analysis and monitoring on a transactional and portfolio basis
Provides credit coaching, training and support to direct team and other stakeholders as required
Provides strategic input into business decisions as a trusted advisor
Makes recommendations to senior leaders on strategy and new initiatives, based on an in-depth understanding of the business/group
Acts as a subject matter expert on relevant regulations and policies
May network with industry contacts to gain competitive insights and best practices
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 subject matter expert for internal/external stakeholders
Ensures alignment between stakeholders
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 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
Monitors the financial and risk performance of account portfolio; performs financial and risk analysis of customer and account information to provide insights and recommendations on how to improve quality, liquidity and Bank’s security position
Documents 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 alternative solutions
Keeps abreast of economic and market developments within the portfolio to inform decision making and credit risk policies
Maintains and enhances knowledge around lending issues, including loan structure, collateral, foreclosure, bankruptcy and the various regulations that directly impact the Bank
Provides credit risk coaching and advice to sales & service employees to increase awareness of risk, policy, and knowledge of structuring transactions
Supports the execution of strategic initiatives in collaboration with internal and external stakeholders
Builds effective relationships with internal/external stakeholders; includes legal and insolvency professionals and other consultants/advisors in the commercial business community
Gathers and formats data into regular and ad-hoc reports, and dashboards
Monitors and tracks performance and addresses any issues
Provides input into the planning and implementation of operational programs
Executes work to deliver timely, accurate, and efficient service
Operates at a group/enterprise-wide level and serves as a specialist resource to senior leaders and stakeholders
Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to problems that can be complex and non-routine
Implements changes in response to shifting trends
Broader work or accountabilities may be assigned as needed
Qualification
Required
Typically 7+ 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
In-depth / expert knowledge of banking products & services
In-depth / expert knowledge of industry trends and regulations
In-depth / expert knowledge of credit portfolio management policies & procedures, and financing guidelines
Seasoned professional with a combination of education, experience and industry knowledge
Verbal & written communication skills - In-depth / Expert
Analytical and problem solving skills - In-depth / Expert
Influence skills - In-depth / Expert
Collaboration & team skills; with a focus on cross-group collaboration - In-depth / Expert
Able to manage ambiguity
Data driven decision making - In-depth / Expert
Benefits
Health insurance
Tuition reimbursement
Accident and life insurance
Retirement savings plans
Company
BMO U.S.
We’re a bank, but there’s more to it than that. We're a top ten bank in North America and have been serving our customers since 1817.
5001-10000 employees
H1B Sponsorship
BMO U.S. has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (1)
2024 (11)
2023 (41)
2022 (22)
2021 (14)
2020 (21)
Funding
Current Stage
Late StageLeadership Team
Mike Morton
Vice Chair U.S. Commercial Banking
Recent News
2025-10-16
2025-09-23
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