At a Glance
- Tasks: Lead trade risk distribution and manage trade credit insurance for a dynamic finance team.
- Company: Join BMO Financial Group, a leader in innovative banking solutions.
- Benefits: Enjoy competitive salary, health insurance, tuition reimbursement, and retirement plans.
- Other info: Collaborative environment with opportunities for professional growth and development.
- Why this job: Make a real impact in finance while growing your career with a supportive team.
- Qualifications: 6-10 years in finance, strong relationship management, and analytical skills required.
The predicted salary is between 126000 - 154000 $ per year.
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, and 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, and Insurance Brokers.
- Strong understanding of credit analysis and risk assessment, trade and supply chain finance structures, risk transfer and distribution strategies, and trade credit insurance products and underwriting considerations.
- 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.
Vice President, Trade Risk Distribution & Trade Credit Insurance Management in Toronto employer: BMO
BMO Financial Group is an exceptional employer, offering a dynamic work environment in the heart of Toronto where legal professionals can thrive. With a strong commitment to employee growth, BMO provides extensive training, mentorship, and opportunities for career advancement, all while fostering a culture of diversity and inclusion. Employees enjoy a comprehensive benefits package, including health insurance, tuition reimbursement, and retirement savings plans, making it a rewarding place to build a meaningful career.
