US VP Commercial Banking – Portfolio Management

About the Position

Final date to receive applications:

Address: 320 S Canal Street Job Family Group:
Commercial Sales & Service Facilitates decisioning and analysis of all types of credit information to support lending decisions and processes for the bank. Maintains and promotes a client service environment to satisfy and exceed customer needs and expectations. This role will make credit decisions and recommendations in accordance with sound credit-granting principles and in compliance with Bank Policies & Procedures.

Responsibilities

• Provides accurate financial analysis and risk assessment of new and existing customers.

• Develops credit information to make lending decisions on new, renewal and extension loans.

• Oversees preparation of concise, well reasoned credit correspondence.

• Partners with internal stakeholders for accurate, detailed client information.

• Minimizes BMO’s risk exposure by adhering to internal credit policies and procedures with respect to lending decisions.

• Exercises judgment to identify, diagnose, and solve problems within given rules.

• Negotiates transactions with clients and provides deal structuring expertise.

• Coordinates transaction closings with closing department, clients and attorneys.

• Oversees documentation and ongoing monitoring of asset and client performance.

• Builds effective relationships with internal/external stakeholders.

• May manage workflow of other analysts by aligning tasks with departmental goals and objectives.

• Acts as the prime subject matter expert for internal/external stakeholders.

• Applies deep expertise in bank products, processes and systems and effectively troubleshoots to ensure a high-quality client experience.

• Recommends and implements solutions based on analysis of issues and implications for the business.

• Maintains current on financing trends in target clients’ markets and communicates same to team members.

• Works independently and regularly handles non-routine situations.

Qualifications

• 7 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.

• Deep knowledge and technical proficiency gained through extensive education and business experience.

• Verbal & written communication skills – In-depth.

• Collaboration & team skills – In-depth.

• Analytical and problem solving skills – In-depth.

• Data driven decision making – In-depth.

Salary and Benefits

Salary: $88,800.00 – $

Pay Type:

Salaried 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 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.

Equal Employment Opportunity

BMO is proud to be an equal employment…