Commercial Banking Associate

BMO • Miami, FL

2d • $65,000 - $140,000

About The Position

The Commercial Banking Associate 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 and risk assessments, assesses client creditworthiness and repayment capacity, prepares credit summaries, and recommends loan structures and collateral in accordance with client needs and the bank’s policies and risk appetite. It supports credit decisions by making recommendations to a manager and contributes to loan negotiations and the structuring of new, renewed, and extended credit facilities.

The associate monitors portfolio performance and compliance, identifies deteriorating credit conditions, and takes corrective action when required. The role also supports business development and portfolio growth by developing proposals, maintaining client relationships with Relationship Managers and business partners, identifying revenue and cross-selling opportunities, and evaluating client returns. It provides a point of contact for service requests, manages accurate and timely data entry, and uses analysis tools and industry trends to support decisions and nurture a portfolio that exceeds return-on-equity thresholds.

The role exercises judgment to diagnose and solve problems within established rules and works independently on a range of complex tasks, including unique situations. It applies BMO’s Risk Management Framework and Risk Culture, making informed decisions within approved risk appetite while following applicable policies, standards, procedures, laws, and regulations. Broader work or accountabilities may be assigned as needed.

Requirements

• Bachelor’s degree required; a degree in Business Administration, Finance, or Accounting is preferred. A related discipline or commensurate work experience may be considered.
• Technical proficiency gained through education and/or business experience.
• If the position is credit qualifiable, credit qualifications and associated credit knowledge and skills must meet the credit portfolio requirements and qualification standards.

Nice To Haves

• Preferred 3–4 years of relevant experience in credit or lending instruments or financial operations in a corporate or banking environment.
• Business Administration, Finance, or Accounting degree preferred.

Responsibilities

• Analyze financial information and assess creditworthiness, repayment capacity, financial performance, and risk profiles for clients in an assigned portfolio.
• Prepare detailed credit summaries and use financial models and analytical tools to recommend loan structures and collateral.
• Make recommendations to a manager in support of credit-granting decisions.
• Support the negotiation and structuring of new, renewal, and extension loans in line with client needs and bank policies and risk appetite.
• Monitor assigned portfolio performance and compliance, identify deteriorating credit conditions, and take corrective action when required.
• Analyze metrics and industry trends to identify risks and opportunities.
• Minimize BMO’s risk exposure by following credit policies, regulatory standards, operational guidelines, and the Risk Management Framework.
• Develop proposals to capture new business and expand client relationships.
• 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 expectations, and escalate issues when needed.
• Support initiatives that 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 nurture and grow a portfolio that exceeds ROE thresholds and proactively evaluate client returns.
• Manage timely and accurate data entry into BMO systems and use the data to support decision-making.
• Exercise judgment to identify, diagnose, and solve problems, and work independently on complex tasks.

Benefits

• Health insurance
• Tuition reimbursement
• Accident and life insurance
• Retirement savings plans
• Performance-based incentives, discretionary bonuses, and other perks and rewards may be included depending on pay type.

What This Job Offers

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