Associate, Corporate Banking- FIG

BMO • Chicago, IL

1d • $135,000 - $165,000

About The Position

The Associate will work on the Corporate Banking – Global Financial Institutions Group (FIG), a global platform with a growing U.S. presence 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 capital markets coverage team that maintains strong client relationships. The Corporate Banking team 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 with increasing client responsibility, prepares credit documentation, monitors account performance and credit quality, provides deal-structuring expertise, and completes due diligence and credit analysis. The role also supports client coverage, develops financial solutions and recommendations, works with Analysts and sector partners, and contributes to deal execution, cross-selling, and FIG sector growth.

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. Select 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 extensive education and business experience.
• Completion of a corporate or commercial banking training program.

Nice To Haves

• Undergraduate degree with a focus in finance, economics, or accounting, 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.
• Directly manage a diverse portfolio of companies, progressing toward increasing client responsibility.
• Review and continually monitor existing accounts and client relationships from return-on-equity and credit-quality perspectives.
• Provide deal-structuring expertise and negotiate transactions with clients.
• Complete and lead technical and financial reports and analyses to support credit and client deliverables.
• Complete due diligence and credit analysis for new and existing client relationships, including client visits, business-model analysis, and reviews of industry trends and related regulations.
• Analyze strategic problems and relevant data to develop 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 or proposals.
• Integrate information from multiple sources to improve processes, analysis, and reporting.
• Review and guide Analysts' work to deliver business and credit results.
• Consider risk, internal controls, and compliance in day-to-day work, and adhere to policies and procedures.
• Exercise judgment to identify, diagnose, and solve problems within established rules; work independently and handle non-routine situations.
• Identify opportunities to improve efficiency and service, and act as a change agent to improve effectiveness.
• Contribute to growing and elevating the BMO and BMO Capital Markets brand.
• Serve as a key deal-team member, helping maximize FIG sector penetration and returns.
• Institute cross-selling initiatives to improve the firm's ranking with clients.
• Create pitch books covering financial solutions and participate in presenting them to clients.
• Monitor clients, their industries, and regulatory agencies for changes that may affect client portfolios and business needs.
• Understand client needs and provide relevant ideas and opinions to develop recommendations.
• Collaborate with sector coverage partners on client and prospect coverage and the delivery of creative, timely solutions.
• Build positive client relationships by understanding client needs and aligning products and services accordingly.
• Identify and leverage key decision makers and influencers within client and internal organizations.
• Interpret client strategies and anticipate needs to deliver solutions.
• Maintain awareness of firm products and services and facilitate access to ongoing updates.
• Build effective relationships with internal and external stakeholders.

Benefits

• Health insurance
• Tuition reimbursement
• Accident and life insurance
• Retirement savings plans
• Performance-based incentives and discretionary bonuses may be included in the total compensation package.

What This Job Offers

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