Associate, Commercial Banking (Public Sector Group)

BMO•Toronto, ON

6d•CA$69,000 - CA$129,000

About The Position

Join our Public Sector Group in Canadian Commercial Banking (“CCB”) and bring BMO’s Purpose to life by Boldly Growing the Good. As a trusted advisor to many of Canada’s important public institutions we provide top tier advice and banking solutions that enable our clients to better serve their communities. Our success is driven by our passion for the Public Sector, professionalism, and client service. The Associate, Public Sector is a unique career opportunity in commercial banking to work on large complex transactions with a high performing team while serving large public sector entities with budgets up to $1B+. Associates provide mission critical insights and recommendations through their credit analysis, portfolio monitoring, and other responsibilities working directly with senior portfolio and relationship managers. Associates get wide exposure to clients and develop deep capabilities in financial analysis, due diligence, credit, deal structuring, and client communication. Our clients’ needs span the full range of BMO’s services so Associates play an important role in assessing needs and partnering with Treasury and Payments Solutions, Debt Capital Markets, Interest Rate Derivatives, Global Asset Management / Wealth Advisory and many others.

Requirements

Minimum 3-5+ years of experience working in commercial banking or adjacent finance industries
Proven proficiency in research, modelling, financial analysis, and due diligence.
Demonstrated excellence in client service, collaboration, and initiative
Excellent verbal and written communication skills
Computer literacy with a minimum of the MS Office suit.
Post-secondary degree in related field of study or equivalent

Nice To Haves

Preference for candidates with credit and loan structuring skills
Experience with Public Sector financing considered an asset
MBA, CPA, CFA, or similar are all considered assets

Responsibilities

Execute new lending opportunities through detailed financial modelling, risk analysis, due diligence, loan structuring, negotiation, documentation, and deal closing
Support the day-to-day portfolio management activities including portfolio monitoring, compliance, risk management, and expanded client needs
Deliver exceptional day-to-day service through bespoke solutions to client requests, coordination of service administration, and acting as a primary point of client contact in absence of senior bankers
Support client prospecting and proposal activities by drafting presentations and participating in client meetings
Resolve any identified issues properly and escalate concerns to Senior Management to ensure timely awareness of material concerns
Ensure a smooth team & client experience by navigating BMO systems, policies, and processes
Execute business initiatives and identify opportunities for process improvement, including adoption of digital ways of working
Maintain internal control standards including adherence to audit, regulatory, and compliance policies
Support broader portfolio or additional responsibilities as requested to support our clients