Asset Lending Vice President Portfolio and Underwriting

Position is a PM/Underwriter role based in Chicago, responsible for managing and underwriting new borrowers while training team members and overseeing all aspects of credit decisioning for BMO.

• Oversees credit and legal documentation and ongoing monitoring of asset and client performance
• Provides accurate financial analysis and risk assessment of new and existing customers
• Oversees preparation of concise, well‑reasoned credit correspondence
• Coordinates the preparation of lending proposals and pitches to prospective clients to maximize penetration and returns
• Negotiates transactions with clients and provides deal structuring expertise
• Manages workflow of other analysts by aligning tasks with departmental goals and objectives
• Develops credit information to make lending decisions on new, renewal, and extension loans
• Assists in negotiations of terms and conditions of all decisions made via phone and e‑mail interaction with clients
• Prepares summaries, presents facts, and offers opinions concerning credit worthiness
• Establishes cross‑selling initiatives to increase penetration with client
• Applies knowledge of bank products, processes and systems and troubleshoots to ensure a high‑quality client experience
• Coordinates closing with closing department, clients, and attorneys
• Minimizes BMO’s risk exposure by adhering to internal credit policies and procedures with respect to lending decisions
• Provides specialized consulting, analytical, and technical support
• Exercises judgment to identify, diagnose, and solve problems within given rules
• Works independently and regularly handles non‑routine situations
• Broader work or accountabilities may be assigned as needed

• Typically 7+ years of relevant experience and a post‑secondary degree in a related field of study or an equivalent combination of education and experience
• Deep knowledge and technical proficiency gained through extensive education and business experience
• Excellent verbal and written communication skills
• Strong collaboration and team skills
• Advanced analytical and problem‑solving skills, including financial statement analysis and modeling
• Influence skills
• Data‑driven decision making

$ - $

BMO offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. Additional performance‑based incentives, discretionary bonuses, and other rewards may also be included.

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 contact