Junior Credit Risk Analyst Jobs in Toronto, ON (NOW HIRING)

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Join a purposedriven team at the centre of BMO's risk management ecosystem. As a Senior Analyst, Credit Risk Strategy Oversight, you will contribute analytical depth, structured review, and developing independent challenge across Canadian Retail lending business. Operating in the second line, you will apply sound judgment and strong analytical capabilities to support the identification, assessment, and communication of nonroutine credit risk issues enhancing decision quality, transparency, and alignment to risk appetite, regulatory expectations, and governance standards. Your focus will be on business/group priorities, with opportunities to contribute to enterprise initiatives as your experience grows.

Key Responsibilities

Independent Risk Oversight & Analytical Review

• Support independent assessments of credit proposals, strategy updates, segmentation approaches, and MLenabled decisioning.
• Conduct analyses on assumptions, data quality, performance monitoring, and portfolio impacts; identify issues and recommend escalation where appropriate.
• Contribute to the preparation of clear, concise secondline commentary, summaries, and risk insights for committees and senior leadership.

Portfolio Risk Insight & Stress Testing Support

• Execute components of regulatory capital and stresstesting analysis, including data preparation, scenario interpretation, and variable review.
• Perform deepdive analytics on trends, concentrations, and emerging risks to support forwardlooking portfolio assessments.
• Prepare analytical summaries and visualizations that translate complex findings into decisionready insights.

CrossFunctional Collaboration

• Provide analytical support to partners in Credit, Product, Finance, Operations, and Data/Analytics, ensuring risk considerations are appropriately incorporated.
• Assist in preparing materials that distill complex technical analysis into clear, simple narratives suitable for nontechnical audiences.
• Participate in crossfunctional discussions to ensure alignment with governance, data quality, and control expectations.

Credit Governance & Policy Support

• Support maintenance of credit governance documents, tracking requirements, and ensuring documentation accuracy and completeness.
• Assist in monitoring adherence to credit policies, standards, and Regulatory Compliance Management (RCM) requirements.
• Help coordinate supporting materials for oversight reviews, audits, examinations, and controlrelated activities.

Judgment, Independence & Continuous Improvement

• Work independently on assigned analytical tasks and nonroutine issues within established guidelines and frameworks.
• Identify opportunities to improve processes, documentation consistency, and reporting accuracy.
• Take ownership of assigned workstreams, with broader responsibilities assigned as experience and business needs evolve.

Qualifications

• Typically 4-6 years in lending, credit risk, analytics, portfolio management, or related functions within a financial institution.
• Postsecondary degree in Finance, Economics, Statistics, Mathematics, Engineering, or a related field or an equivalent combination of education and experience.
• Applied analytics experience with Python, SQL, SAS, R, or similar tools; demonstrated ability to synthesize complex analysis into clear, decisionready narratives and visuals.
• Working understanding of banking, credit risk concepts, and portfolio analytics gained through education and handson experience.

• Datadriven decision making
• Basic understanding of compliance and regulatory expectations
• Machinelearning awareness (bias, overfitting, explainability basics)

What We Offer

• A highimpact secondline role with visibility across priority businesses and exposure to enterprise initiatives.
• Opportunities to meaningfully strengthen credit oversight, decision quality, and portfolio resilience.
• A culture that values integrity, inclusion, innovation, and high performance.
• Access to senior leaders, crossfunctional partners, and complex challenges that support ongoing career growth.

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.