Financial Analyst - Dealer Finance

BMO • Chicago, IL

6d • $65,000 - $140,000

About The Position

The Financial Analyst 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 assesses client creditworthiness and financial performance, prepares credit summaries, evaluates risk profiles, and recommends loan structures and collateral using financial models and analytical tools. It supports credit-granting decisions, portfolio monitoring, compliance, loan negotiations, and the structuring of new, renewed, and extended loans in line with client needs and bank policies.

The role monitors portfolio performance and industry trends, identifies deteriorating credit conditions and risks, and takes corrective action when needed. It works with Relationship Managers and business partners to maintain client relationships, meet service expectations, develop proposals, capture new business, and identify revenue and cross-selling opportunities. The position also uses analysis tools to grow portfolio returns, manages timely and accurate data entry in BMO systems, and applies the bank’s Risk Management Framework and approved Risk Appetite while following applicable policies, laws, and regulations.

The position focuses primarily on a BMO business or group, with the possibility of broader enterprise-wide work. It exercises judgment to diagnose and solve problems within established rules, works independently on complex tasks, and may take on broader responsibilities as assigned.

Requirements

• Financial industry experience is required.
• Knowledge of or experience with loan or lending operations is required.
• A bachelor’s degree is required; 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.
• Intermediate proficiency in problem solving, collaboration, detail orientation, 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.
• Credit qualifications and associated credit knowledge and skills according to the credit portfolio requirements and qualification standards, if the position is credit qualifiable.

Nice To Haves

• Three to four years of relevant experience in credit or lending instruments or financial operations in a corporate or banking environment is preferred.
• Commercial Banking experience.

Responsibilities

• Analyze client financial information and assess creditworthiness, repayment capacity, and risk profiles for an assigned portfolio.
• Prepare detailed credit summaries and financial analyses to support lending decisions and recommendations to a manager.
• Use financial models and analytical tools to recommend loan structures and collateral.
• Support credit-granting decisions and structure new, renewal, and extension loans that align with client needs and bank policies.
• Monitor portfolio performance and compliance, identify deteriorating credit conditions, and take corrective action when required.
• Analyze metrics and industry trends to identify risks and opportunities.
• Support loan-term negotiations and ensure proposed structures meet the bank’s risk appetite and policies.
• 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 as needed.
• Support and implement initiatives to enhance service quality, acquire business, and expand relationships.
• Identify revenue, cross-selling, and share-of-wallet opportunities to grow the portfolio.
• Use analysis tools to nurture a portfolio that exceeds ROE thresholds and proactively evaluate client returns.
• Enter data accurately and promptly into BMO systems and use it to support decision-making.
• Minimize risk exposure by following credit policies, regulatory standards, operational guidelines, and the Risk Management Framework.
• Make sound, risk-informed decisions consistent with business strategy, approved Risk Appetite, applicable policies, laws, and regulations.
• Exercise judgment to diagnose and solve problems, work independently on complex tasks, and perform other duties as assigned.

Benefits

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

What This Job Offers

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