Credit Underwriting Analyst

BMO • Irving, TX

3d • $55,000 - $110,000

About The Position

Analyzes credit information to support lending decisions and processes for new and existing Commercial Banking loans and credit solutions within an assigned portfolio. Makes credit decisions and recommendations in compliance with bank policies and procedures while maintaining an exceptional client service environment.

Conducts financial analysis and risk assessments, prepares credit summaries, monitors portfolio performance and compliance, and supports loan structuring, renewals, extensions, and negotiations. Works with Relationship Managers and business partners to maintain client relationships, address service requests, identify business and cross-selling opportunities, and grow portfolio returns. Uses BMO systems and analysis tools to support decision-making and ensure accurate, timely data and loan documentation.

Works mostly independently, exercises judgment to solve problems within established rules, and applies BMO’s Risk Management Framework, policies, laws, and regulations when making sound, risk-informed decisions. Broader work or accountabilities may be assigned as needed.

Requirements

• Bachelor’s degree required; Business Administration, Finance, or Accounting preferred. Another related discipline or commensurate work experience may be considered.
• Preferred 1–3 years of relevant experience in credit or lending instruments or financial operations in a corporate or banking environment.
• 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.

Nice To Haves

• Business Administration, Finance, or Accounting degree.
• 1–3 years of relevant experience in credit or lending instruments or financial operations in a corporate or banking environment.

Responsibilities

• Perform financial analysis and calculations, assess client creditworthiness, and prepare detailed credit summaries and analyses of client financial performance and risk profiles.
• Support credit-granting decisions by making recommendations to a manager.
• Support negotiation of loan terms and conditions and structure loans to meet client requirements while complying with the bank’s risk appetite and policies.
• Monitor portfolio metrics and compliance, and assess industry trends to identify risks and opportunities.
• Develop proposals to capture new business and expand client relationships.
• Monitor loan performance and address credit-related issues while ensuring the accuracy and integrity of loan documentation.
• Build and maintain client relationships in collaboration with Relationship Managers and business partners.
• Structure and support new, renewal, and extension loans aligned with client needs and bank and risk policies.
• Conduct credit-information analysis and risk assessments for an assigned portfolio to inform decisions.
• Monitor the performance of an assigned Commercial Banking portfolio and take corrective action when required.
• Minimize the bank’s risk exposure by adhering to credit policies, regulatory standards, and operational guidelines.
• 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.
• Think creatively, propose new solutions, and exercise judgment to identify, diagnose, and solve problems within established rules.
• Apply the Risk Management Framework and make sound, risk-informed decisions consistent with business strategy, approved risk appetite, policies, laws, and regulations.

Benefits

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

What This Job Offers

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