Associate Director, Asset-Based Lending

BMO•Toronto, ON

1d•CA$69,000 - CA$129,000

About The Position

The Associate Director will be responsible for the account management of a growing portfolio of clients and support loan origination. As part of a collaborative team approach, the Associate Director will work closely with various internal partners to best serve and manage the existing client relationships as well as grow the portfolio. The Associate Director will make recommendations regarding risk, deal structure, and client requirements by analyzing financial and operational data.

Requirements

Master or MBA degree (finance, accounting, economics, or related field) with 3 years of relevant experience preferably in a transaction execution role or an undergraduate degree with 5-7 years of relevant experience.
A CPA, CBV, CFA or other relevant professional designation or advanced degree, ongoing or completed.
Well developed analytical and quantitative skills with a focus on financial and accounting analysis, as well as data and statistical analysis.
Strong computer literacy and technical skills as it relates to basic Microsoft Office applications (Excel, Word, PowerPoint).
Excellent verbal & written communication skills.
Strong organizational and collaboration skills with the ability to prioritize. work and manage multiple tasks while meeting time sensitive deadline.

Nice To Haves

Previous experience in an asset-based lending role would be a definite asset.
Good understanding of the Asset-Based Lending product, marketplace, and loan structuring would be preferable.

Responsibilities

Provides accurate financial analysis and risk assessment of new and existing customers.
Leads and executes business development plans for clients.
Acts as a key contact for clients on credit related questions and develops strong relationship with the clients.
Participates in sales activities such as pitch preparation, client research, and prepares meetings with clients.
Directly manages the annual review process, interim reviews, specified quarterly reports and resolution of exceptions.
Manages and monitors the risk of the assigned complex portfolio in a timely and precise manner.
Makes recommendations to senior leaders on strategy and new initiatives, based on an in-depth understanding of the business or the group.
Conducts independent analysis and assessment to resolve issues.
Maintains accurate documentation and ensure adherence to prescribed policies and procedures and overall safety of the Bank’s position.
Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to problems that can be complex and non-routine.
Broader work or accountabilities may be assigned as needed.