Associate, Commercial Banking (Corporate Finance Group)

BMO•Vancouver, BC

2d•CA$56,000 - CA$103,500

About The Position

The Corporate Finance team within Canadian Commercial Banking, part of BMO Financial group, covers both public and large private corporate clients across diversified industries. The team is responsible for marketing, managing, and monitoring large commercial loan portfolios, and supporting credit requirements and cross-selling efforts for other businesses including subordinated debt, equipment leasing, derivatives, cash management, and trade finance. The team assesses financing opportunities of $10,000,000 or more, on both syndicated and bilateral bases. The Associate plays a crucial role in supporting the execution, monitoring, and risk management of large commercial lending portfolios. This role demands strong financial and credit analysis capabilities, attention to detail, adaptability, and the ability to manage competing priorities in a dynamic environment. Associates support underwriting and portfolio management by completing financial analysis, preparing credit applications and annual reviews, conducting portfolio monitoring, and assisting with transaction execution. The role offers broad exposure to various industries, client relationships, and financing structures, while contributing to a superior client and partner experience. Work is performed in close partnership with Directors, Associate Directors, Relationship Managers, and other deal team members. Associates are key in supporting transaction execution, portfolio management, and risk oversight, ensuring timely credit request execution, adherence to policy, and a consistently strong client and partner experience. Associates gain exposure to financing opportunities exceeding $10,000,000, structured on syndicated and bilateral bases, providing experience with complex credit structures across a broad range of industries and client situations.

Requirements

Preferred 3 – 4 years of relevant experience in credit or lending instruments or financial operations in a corporate or banking environment.
If a Credit Qualifiable job, Credit Qualifications and associated credit knowledge and skills according to the credit portfolio requirements and qualification standards.
Bachelor’s degree required; Business Administration, Finance and Accounting preferred. Any other related discipline or commensurate work experience considered.
Technical proficiency gained through education and/or business experience.
Intermediate level of proficiency: Problem Solving, Collaboration, Detail-Oriented, Analytical Thinking, Loan Structuring, Regulatory Compliance, Portfolio Management, Credit Risk Assessment, Banking Operations, Microsoft Office
Advanced level of proficiency: Data analysis tools, Financial analysis

Responsibilities

Analyzes credit information to support lending decisions and processes for new and existing Commercial banking loans and credit solutions in an assigned portfolio of clients.
Makes credit decisions and recommendations in compliance with bank policies and procedures while maintaining an exceptional client service environment.
Performs financial analysis and calculations, assesses client creditworthiness, prepares detailed credit summaries, analyses financial performance and risk profiles of clients within the portfolio.
Utilizes financial models and analytical tools to assess client repayment capacity and recommend appropriate loan structures and collateral.
Supports credit-granting decisions by making recommendations to manager.
Supports portfolio monitoring and compliance, within the portfolio to identify deteriorating credit conditions and ensure compliance.
Analyses metrics and assesses industry trends to spot risks and opportunities.
Supports the negotiation of loan terms and conditions and the structuring of loans that align with client requirements and ensure compliance with the banks risk appetite and policies.
Develops proposals to capture new business and expand client relationships.
Builds and maintains client relationships to ensure long-term financial performance in collaboration with Relationship Manager and business partners.
Structures and supports new, renewal and extension loans aligned with client needs and bank & risk policies
Conducts financial analysis and risk assessments of clients’ credit information, for an assigned portfolio, to provide insights and make informed decisions
Monitors the portfolio performance for assigned portfolio of Commercial Banking clients on an ongoing basis, taking corrective action when required.
Minimizes BMO’s risk exposure by adhering to credit policies, regulatory standards, and operational guidelines.
Serves as a point of contact for service requests, ensuring expectations are consistently met or exceeded. Escalates issues when needed.
Supports and implements initiatives to enhance service quality, acquire new business and expand client relationships.
Identifies revenue and cross-selling opportunities to enhance portfolio growth.
Identifies share of wallet opportunities.
Leverages analysis tools to nurture and grow a portfolio that exceeds ROE thresholds and evaluates client returns on a proactive basis.
Manages timely and accurate data entry into BMO's systems and leverages the data to support decision-making.
Focus is primarily on business/group within BMO; may have broader, enterprise-wide focus.
Exercises judgment to identify, diagnose, and solve problems within given rules.
Works independently on a range of complex tasks, which may include unique situations.
Broader work or accountabilities may be assigned as needed.
Take measured risks while protecting the bank by applying our Risk Management Framework in the execution of your role, in line with our Risk Culture and within our approved Risk Appetite, making sound and risk informed decisions that align to business strategy, protect assets, and adhere to applicable policy documents (Frameworks, Policies, Standards, Procedures and Supporting documents), laws and regulations.