Hassan Syed
Senior Manager, Credit Risk Oversight, Policy, Governance & Portfolio Management @BMO
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WORK HISTORY
Senior Manager, Credit Risk Oversight, Policy, Governance & Portfolio Management @BMO
Toronto, ON, CA
As a member of BMO’s Leadership team, I play a pivotal role in accomplishing an Enterprise value through prudent risk management policies, strategies, regulatory & compliance, enhancing digital capabilities, and investing in people.Owner of credit risk policies including RESL and unsecured policies, SOPs, risk appetite, and credit risk models Underwriting of RESL transactionsProvided oversight and effective challenges on policies, internal processes, controls, underwriting units frameworkLed credit risk oversight and governance in launch of BMO’s BrokerEdge (mortgage broker channel)Guided Sales force on Bank’s risk appetite, regulatory expectations, and simplifying policy verbiage to optimize turnaround time for better customer experienceGoverned KRMs for identification of high-risk trends and breaches, and preparation of action plansOwned major strategic innovative projects including regulatory such as CLP, Forbearance, LTI, B20, B-15-Climate, CAR, etc.Supervised OSFI examinations/consultations, and Default insurance, and internal corporate auditsPrepared and presented portfolio risk assessments insight for management consisting of delinquencies trends, high-risk segments, fraud, collections, industry outlook, stress testing, etc.In conjunction with Collections team streamlined the SOP, reporting and build strategies to minimize delinquencies, and foreclosuresProvided direction to the Fraud on pre-fund and post fund alerts, sampling methodology, de-marketing, IFRS9 staging, etc.Successfully governed RESL portfolio including high-risk industries, early warning indicators, interest rate impacts, LTVs, TDSR, credit scores, KRMs, Non-conforming, Provisions, Fraud, and Collections.In collaboration with capital and risk modelling teams, worked on Excepted Credit Loss (ECL), Probability of Default (PD), IFRS9 and RWA Recognized for building a strong team by being an exceptional mentor, coach, and trainer. Managing a team of 5.
EDUCATION
Ivey Business School at Western University
Masters of Business Administration (MBA), Executive MBA [business administration and management]
Wilfrid Laurier University
Bachelor of Arts - BA, Economics
Global Association of Risk Professionals [GARP]
Certified Financial Risk Manager, Risk Management
ABOUT HASSAN SYED
At BMO, as Senior Manager in Credit Risk Oversight, Policy, Governance, and Portfolio Management, I bring over 17 years of experience in credit risk, governance, and compliance. My role emphasizes optimizing risk frameworks, ensuring regulatory alignment, and strengthening credit risk policies, including RESL and unsecured lending. I contribute to enhancing digital capabilities and strategic initiatives, such as the launch of BMO’s BrokerEdge mortgage channel, while fostering collaboration across teams to achieve enterprise objectives. My expertise spans retail and commercial credit underwriting, policy ownership, and governance. At Habib Canadian Bank, I supported loan origination, adjudication, and risk processes for complex residential and commercial portfolios. With Executive MBA, I am committed to implementing effective risk management strategies, driving improvements, and empowering teams to achieve sustainable growth.
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