Commercial Analyst Development Program - Chicago, IL

Bank of Montreal • Chicago, IL

7d

About The Position

The Commercial Analyst Development Program analyzes credit information to support lending decisions and processes for new and existing commercial banking loans and credit solutions within an assigned client portfolio. The role conducts financial analysis, assesses creditworthiness and client risk profiles, prepares credit summaries, and makes recommendations to support credit-granting decisions in compliance with bank policies and procedures. It also supports loan structuring and negotiation, portfolio monitoring, documentation accuracy, and client service. Working with Relationship Managers and business partners, the analyst helps maintain client relationships, identify opportunities to acquire new business and grow existing relationships, and evaluate client returns. The position applies BMO’s Risk Management Framework, risk appetite, applicable policies, and regulatory requirements when making decisions.

Requirements

• Preferred 1–3 years of relevant experience in credit, lending instruments, or financial operations in a corporate or banking environment.
• Bachelor’s degree required; Business Administration, Finance, or Accounting preferred. Another related discipline or commensurate work experience may be considered.
• Specialized knowledge gained through education and/or business experience.
• Foundational proficiency in problem solving, collaboration, attention to detail, customer service, and analytical thinking.
• Intermediate proficiency in financial analysis, loan structuring, data analysis tools, regulatory compliance, portfolio management, credit risk assessment, banking operations, and Microsoft Office.
• For credit-qualifiable work, meet the credit qualifications and demonstrate the associated credit knowledge and skills required by portfolio and qualification standards.

Nice To Haves

• Relevant experience in credit or lending instruments or financial operations in a corporate or banking environment.
• A degree in Business Administration, Finance, or Accounting.

Responsibilities

• Analyze clients’ financial information, creditworthiness, performance, and risk profiles; prepare detailed credit summaries and recommendations.
• Support credit-granting decisions and recommend actions to managers.
• Support the structuring, negotiation, renewal, and extension of loans in line with client needs and bank policies and risk appetite.
• Monitor portfolio performance, compliance, metrics, and industry trends; take corrective action when needed and identify risks and opportunities.
• Maintain the accuracy and integrity of loan documentation and address credit-related issues.
• Build and maintain client relationships in collaboration with Relationship Managers and business partners.
• Serve as a point of contact for service requests, meet or exceed client expectations, and escalate issues when needed.
• Support initiatives to improve service quality, acquire new business, and expand client relationships.
• Identify revenue, cross-selling, and share-of-wallet opportunities to grow the portfolio.
• Use analysis tools to grow a portfolio that exceeds return-on-equity thresholds and proactively evaluate client returns.
• Enter data accurately and on time in BMO systems and use the data to support decisions.
• Apply the Risk Management Framework and adhere to credit policies, regulatory standards, operational guidelines, and applicable laws and regulations.
• Propose new solutions, exercise judgment to diagnose and solve problems within established rules, and take on broader duties as assigned.

Benefits

• Health insurance
• Tuition reimbursement
• Accident and life insurance
• Retirement savings plans
• The total compensation package may include performance-based incentives, discretionary bonuses, perks, and rewards.

What This Job Offers

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