Associate, Corporate Banking- FIG

BMO • Chicago, IL

1d • $135,000 - $165,000

About The Position

The Associate will work within Corporate Banking’s Global Financial Institutions Group (FIG), a global platform with a growing presence in the U.S. and an established presence in Canada. The FIG team supports the origination and structuring of corporate lending transactions and coordinates with other product teams as part of a broader capital markets coverage team. It completes credit due diligence to establish and maintain credit lines supporting lending, trade finance, cash management, and trading transactions.

The Associate manages a diverse portfolio of companies, monitors account performance and credit quality, completes due diligence and credit analysis, structures and negotiates transactions, and prepares credit and client materials. The role also supports client coverage and relationship growth through tailored financial solutions, pitches, cross-selling, and collaboration with sector partners. The Associate reviews and guides Analysts’ work and considers risk, internal controls, and compliance in day-to-day responsibilities.

Requirements

• Typically 4–6 years of relevant experience covering the FIG segment from a corporate or commercial banking and lending perspective, including credit underwriting, transaction structuring, and client management within FIG.
• Selective candidates may be considered with broader non-bank financial institution experience outside FIG.
• Advanced deal execution and/or project management skills, including the ability to manage multiple clients or major initiatives.
• Ability to create and deliver professional presentations.
• Strong analytical skills and expertise in credit analysis.
• Deep knowledge and technical proficiency gained through education and business experience.
• Completion of a corporate or commercial banking training program.

Nice To Haves

• Undergraduate degree focused on finance, economics, or accounting, preferably with high academic achievement.
• MBA, CFA, or equivalent experience in financial services, accounting, or legal fields.

Responsibilities

• Prepare credit documentation, including credit applications, underwriting memoranda, presentations, and annual reviews, for internal and external stakeholders.
• Manage a diverse portfolio of companies, with increasing client responsibility over time.
• Review and monitor existing accounts and client relationships for return on equity and credit quality.
• Provide deal-structuring expertise and negotiate transactions with clients.
• Complete and lead technical and financial reports and analyses supporting credit and client deliverables.
• Conduct due diligence and credit analysis on new and existing relationships, including client visits and reviews of business models, industry trends, and regulations.
• Analyze strategic problems and data to provide insights and recommendations.
• Assess transaction complexity and related credit, market, operational, legal, and compliance risks.
• Balance the Bank’s risk appetite with client needs when making recommendations and proposals.
• Integrate information from multiple sources to improve processes, analysis, and reporting.
• Review and guide Analysts’ work to deliver business and credit results.
• Incorporate risk, internal controls, and compliance into daily work and adhere to policies and procedures.
• Identify, diagnose, and solve problems within established rules, including handling non-routine situations independently.
• Identify opportunities to improve efficiency and service, and help drive positive change.
• Contribute to growing and elevating the BMO and BMO Capital Markets brands.
• Serve as a key deal-team member, helping maximize FIG sector penetration and returns.
• Develop cross-selling initiatives to increase the Bank’s standing with clients.
• Create pitch books for financial solutions and participate in presenting them to clients.
• Monitor clients, their industries, and regulatory agencies for changes that may affect portfolios and business needs.
• Understand client needs and provide ideas and opinions that generate recommendations.
• Collaborate with sector coverage partners to cover clients and prospects and deliver timely, creative solutions.
• Build client relationships by understanding needs and aligning products and services.
• Identify and leverage key decision-makers and influencers in client and internal organizations.
• Interpret client strategy and anticipate needs to deliver solutions.
• Maintain awareness of the firm’s products and services and facilitate continuous updates.
• Build effective relationships with internal and external stakeholders.

Benefits

• Health insurance
• Tuition reimbursement
• Accident insurance
• Life insurance
• Retirement savings plans
• Performance-based incentives and discretionary bonuses may be included in the total compensation package, depending on the pay type.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level