Portfolio Risk Management Internship Jobs in Illinois

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Position Summary

The Vice President, Trade Risk Distribution & Trade Credit Insurance Management will support the growth and risk management of the bank's Supply Chain Finance, Receivables Finance, and Working Capital Solutions business through trade asset distribution and trade credit insurance activities. The role is responsible for developing investor and insurer relationships, supporting transaction execution, optimizing portfolio risk, and enhancing capital efficiency.

The successful candidate will work closely with Origination, Credit, Treasury, Legal, Operations, and external market participants to facilitate the distribution and insurance of trade-related assets.

Key Responsibilities

Trade Risk Distribution

• Support the distribution of trade finance and working capital assets to banks, financial institutions, institutional investors, and trade asset managers.
• Develop and maintain active relationships with distribution partners and investor networks.
• Assist in structuring and executing participations, assignments, and other risk transfer transactions.
• Monitor market appetite, pricing, liquidity, and investor requirements to support transaction execution.
• Partner with Origination and Credit teams to identify opportunities for risk distribution and portfolio optimization.

Trade Credit Insurance Management

• Manage relationships with trade credit insurers, brokers, and underwriters.
• Support the placement, renewal, and ongoing management of trade credit insurance programs.
• Negotiate policy terms, pricing, limits, and coverage enhancements.
• Monitor insurance capacity utilization, portfolio concentrations, and insurer performance.
• Evaluate insurance solutions that support growth, risk mitigation, and capital efficiency objectives.

Risk Management & Portfolio Oversight

• Assess credit, operational, and transaction risks associated with trade and supply chain finance structures.
• Perform portfolio analysis and identify emerging risks, trends, and concentrations.
• Support transaction approvals by providing distribution and insurance-related risk assessments.
• Ensure adherence to internal policies, controls, and governance requirements.

Market Intelligence & Strategic Support

• Maintain a strong understanding of:
  • Trade Finance
  • Supply Chain Finance
  • Receivables Purchase Facilities
  • Payables Finance Programs
  • Trade Credit Insurance
  • Trade Asset Distribution Markets
• Monitor competitive developments, investor demand, insurer appetite, and market trends.
• Contribute ideas that enhance product competitiveness, scalability, and profitability.

Process Improvement & Governance

• Identify opportunities to improve processes, controls, reporting, and operational efficiency.
• Assist in developing portfolio reporting, analytics, and management information.
• Support governance and documentation requirements for distribution and insurance activities.
• Promote best practices and disciplined execution across the business.

Qualifications

• 6-10+ years of experience in Trade Finance, Supply Chain Finance, Working Capital Solutions, Trade Credit Insurance, Risk Distribution, Credit Risk, or related fields.
• Existing relationships within:
  • Financial Institutions
  • Trade Asset Managers
  • Trade Credit Insurance Providers
  • Insurance Brokers
• Strong understanding of:
  • Credit analysis and risk assessment
  • Trade and supply chain finance structures
  • Risk transfer and distribution strategies
  • Trade credit insurance products and underwriting considerations
  • Working capital and liquidity solutions
• Strong organizational and project management skills with the ability to manage multiple priorities.
• Self-starter with a proactive, solutions-oriented mindset.
• Ability to independently assess risks and exercise sound judgment.
• Strong analytical, communication, and relationship management skills.
• Proficiency in portfolio analytics, reporting, and transaction management.

Key Success Factors

• Builds and maintains strong investor and insurer relationships.
• Demonstrates sound credit judgment and risk awareness.
• Executes transactions efficiently and with attention to detail.
• Identifies opportunities for process improvement and scalability.
• Operates with a high degree of accountability, organization, and ownership.
• Collaborates effectively across business, risk, operations, and external stakeholder groups.

The salary range for this role is $135,000 up to $160,000 USD (subject to the candidate meeting the specific skills, experience, education, and qualification requirements)

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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 http://jobs.bmo.com/us/en

BMO is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristics. We also consider applicants with criminal histories, consistent with applicable federal, state and local law.

BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to BMOCareers.Support@bmo.com and let us know the nature of your request and your contact information.

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.