Analyst, Global Markets Corporate Banking

BMO•Chicago, IL

2d•Onsite

About The Position

The Analyst will be part of the Global Markets Corporate Banking Securitization team, which is responsible for underwriting and account management of securitization and other structured finance transactions across a wide variety of asset classes, including (but not limited to) automobile loans and leases, equipment loans, student loans, credit cards, consumer installment loans, residential mortgage-backed securities, commercial mortgage-backed securities, and leveraged loans for U.S. and Canadian clients. The Analyst will support Account Management by providing due diligence and credit analysis on current and prospective clients and by making approval recommendations regarding deal structures and exposure amounts. The Analyst will also support a range of other portfolio management responsibilities.

Requirements

An undergraduate degree with outstanding academic achievement.
Specific academic coursework in finance, economics, or accounting.
0–3 years of relevant experience (e.g., credit, structured finance, capital markets, or related analytical roles); formal credit training preferred.
Knowledge of capital markets, investment banking products and applicable regulations.
Knowledge of organizational lending and portfolio management policies and objectives.
Excellent analytical skills to include business, financial, and credit analysis areas.
Highly developed written and oral communication skills.
Strong interpersonal skills used within a collaborative and demanding team environment.
Expertise in financial computer applications and database management tools including MS Excel, Moody’s, Capital IQ and Bloomberg.
Strong proficiency in other Microsoft Office products including MS Word and PowerPoint.
Self-starter with keen attention to detail and ability to work under limited supervision.
Ability to be creative, insightful, and resourceful in performance of duties.
Strong ability to attentively review, assess, and provide detailed information daily on multiple projects in an organized manner.
Excellent capability to independently function as part of a team through self-motivation.

Nice To Haves

Analysts typically remain in this role for 1–3 years before advancing to the next level.
Credit analysis experience and understanding are preferred; Global Markets–specific training will be provided.
Proficiency in building cash flow and other financial models is beneficial.

Responsibilities

Prepare concise, accurate and well-reasoned written credit applications and memoranda for both new and existing transactions for presentation to Credit.
Conduct credit risk analysis of securitization transactions using all available sources of information including, but not limited to servicer reports, cash flow models, financial statements, servicer audits, legal documentation, etc.
Determine estimated capital for current and prospective securitization transactions using the bank’s capital models.
Conduct due diligence that includes on-site client visits and conference calls, analysis of business models, and comprehensive review of industry trends and related regulations.
Analyze transactions for structural strengths and weaknesses and structure appropriately to mitigate weaknesses.
Research and analyze financial and operating information relating to companies and industries.
Assess financial soundness of counterparties and underlying securitization assets including appropriate debt levels, debt service, historic financial performance and repayment capabilities.
Perform financial statement analysis including completion of spreading software (MRA).
Review documentation for conformity with approved Credit terms and conditions.
Keep abreast of industry trends and regulatory developments.
Assist Account Managers in managing a diverse portfolio of accounts, including preparing concise credit reviews (as needed, at least annually) within required timeframes and continuously monitoring transaction performance and the financial performance of clients and their respective industries.
Provide analytical findings to Account Management team including input on credit risks and related mitigants.
Maintain current financial performance information on clients and securitization transactions in order to perform timely annual reviews, financial covenants, and internal trigger monitoring.
Assist Account Managers in development of presentations or ad-hoc portfolio updates for relevant credit partners.
Support Account Managers with portfolio management needs for the business.
Participate in decision-making with clients and internal product group partners.
Ensure portfolio adheres to BMO’s policies and procedures, especially as they pertain to the securitization product.
Review and negotiation of legal documentation.
Monitor exposure across different BMO clients and products.
Assist in AML/KYC processing and obtain any pending required documentation.
Liaise with Global Markets areas and with various lines of business and operational areas of the Bank as required.
Support Global Markets areas on portfolio management needs and growth initiatives of the business.
Participate in deal teams to negotiate structure and documentation for securitization transactions.
Assist in updating Financing Guidelines.
Participate in projects as required.