Commercial Credit Associate, Not for Profit & Government Banking

BMO•San Francisco, CA

3d•$65,000 - $140,000

About The Position

The Commercial Credit Associate analyzes credit information to support lending decisions and processes for new and existing Commercial Banking loans and credit solutions within an assigned portfolio. The role assesses client creditworthiness and financial performance, prepares credit summaries, and uses financial models and analytical tools to evaluate repayment capacity, risks, and appropriate loan structures and collateral. It makes recommendations to a manager in support of credit-granting decisions and supports the structuring of new, renewed, and extended loans in accordance with client needs and the bank’s risk appetite and policies. The associate monitors portfolio performance and compliance, identifies deteriorating credit conditions, evaluates industry trends, and takes corrective action when required. The role also supports client service and relationship growth by responding to service requests, collaborating with Relationship Managers and business partners, developing proposals, and identifying revenue, cross-selling, and share-of-wallet opportunities. It maintains timely and accurate data in BMO systems and applies the bank’s Risk Management Framework, policies, standards, procedures, and applicable laws and regulations. The position primarily focuses on a business or group within BMO, with the possibility of broader enterprise-wide focus. It exercises judgment to diagnose and solve problems within established rules and works independently on complex tasks, including unique situations. Broader work or accountabilities may be assigned as needed.

Requirements

Bachelor’s degree required; Business Administration, Finance, Accounting, another related discipline, or commensurate work experience considered.
Technical proficiency gained through education and/or business experience.
Intermediate proficiency in problem solving, collaboration, attention to detail, analytical thinking, loan structuring, regulatory compliance, portfolio management, credit risk assessment, banking operations, and Microsoft Office.
Advanced proficiency in data analysis tools and financial analysis.
For a Credit Qualifiable job, credit qualifications and associated credit knowledge and skills must meet the requirements and qualification standards of the credit portfolio.

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 credit information to support lending decisions and processes for new and existing Commercial Banking loans and credit solutions.
Conduct financial analysis and risk assessments, assess client creditworthiness, and prepare detailed credit summaries and analyses of financial performance and risk profiles.
Use financial models and analytical tools to assess repayment capacity and recommend loan structures and collateral.
Make recommendations to the manager in support of credit-granting decisions.
Support portfolio monitoring and compliance, identify deteriorating credit conditions, and monitor portfolio performance on an ongoing basis, taking corrective action when required.
Analyze metrics and industry trends to identify risks and opportunities.
Support negotiation of loan terms and conditions and structure loans in accordance with client requirements and the bank’s risk appetite and policies.
Structure and support new, renewal, and extension loans aligned with client needs and bank and risk policies.
Develop proposals to capture new business and expand client relationships.
Build and maintain client relationships in collaboration with the Relationship Manager and business partners.
Minimize BMO’s risk exposure by adhering to credit policies, regulatory standards, operational guidelines, and the Risk Management Framework.
Serve as a point of contact for service requests, meet or exceed expectations, and escalate issues when needed.
Support and implement initiatives to enhance service quality, acquire new business, and expand client relationships.
Identify revenue, cross-selling, and share-of-wallet opportunities to enhance portfolio growth.
Use analysis tools to grow a portfolio that exceeds ROE thresholds and proactively evaluate client returns.
Enter data into BMO systems accurately and on time, and use the data to support decision-making.
Exercise judgment to identify, diagnose, and solve problems within established rules, and independently handle complex tasks.
Undertake broader work or accountabilities as assigned.