Commercial Financial Analyst

BMO • Chicago, IL

7d • $55,000 - $110,000

About The Position

The Commercial Financial Analyst manages a commercial client portfolio in the Dealership Finance – Auto Industry segment. The portfolio consists of 10–15 clients with total commercial credit exposure exceeding $500 million. The analyst evaluates financial and credit information to support lending decisions for new and existing commercial banking relationships, provides credit recommendations consistent with bank policies and risk management standards, and maintains a strong client service environment.

The role includes analyzing income statements, balance sheets, and cash flows; spreading financial statements; assessing borrower risk and client returns with the bank’s proprietary models; monitoring portfolio reporting and covenant compliance; and supporting underwriting, renewals, amendments, and loan requests. The analyst minimizes risk exposure by following credit policies, regulatory standards, and operational guidelines.

Requirements

• Bachelor’s degree in Accounting, Finance, Economics, or Business Administration.
• Completion of a Commercial Credit Underwriting Program.
• At least 2 to 3 years of relevant Commercial Credit Underwriting experience within a commercial banking environment.
• High proficiency in Microsoft Excel.

Nice To Haves

• MBA in Accounting, Finance, Economics, Business Administration, Financial Analysis, or Commercial Banking.
• Experience in Dealer Finance commercial lending.

Responsibilities

• Analyze income statements, balance sheets, and cash flows, including cash flow/debt service coverage and operating leverage.
• Spread financial statements and support underwriting with detailed financial insights.
• Use the bank’s proprietary risk model to assess borrower default and repayment risk.
• Use the bank’s proprietary return model to evaluate client return on allocated capital.
• Track monthly financial statements, covenant compliance certificates, and borrowing base reports.
• Perform periodic covenant compliance testing.
• Complete annual reviews to assess financial performance and covenant adherence.
• Collaborate with the deal team to prepare underwriting for new business opportunities.
• Structure and support renewals, amendments, and loan requests aligned with client needs and bank and risk policies.
• Adhere to credit policies, regulatory standards, and operational guidelines to minimize risk exposure.
• Manage a portfolio of 10–15 clients with total commercial credit exposure exceeding $500 million.

Benefits

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

What This Job Offers

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