Managing Director, Corporate Banking

Bank of Montreal•Chicago, IL

1d•$300,000

About The Position

MD & Head, Corporate Banking, Global Financial Institutions Group (“GFIG”) - Portfolio Management As a senior member of the GFIG team, the successful candidate will support the origination and structuring of corporate lending transactions, coordinating with other products as an integral part of a larger coverage team that maintains strong client relationships. Includes providing lending expertise for a variety of sectors, establishing credit facilities to support trading products business, facilitating credit approvals in support of transaction banking products and training and coaching junior bankers. GFIG is divided into 5 industry groups spanning, Asset & Wealth Managers, Insurance, Specialty Finance, Market Structure and Banks. The candidate will oversee a team of junior and senior bankers in the Portfolio Management team, that will support and work alongside each of the industry groups. The candidate will also provide ongoing risk management support to the Group Head of Corporate Banking GFIG. Qualities we are looking for in a candidate: Fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behaviours in all that they do. Ensures alignment between values and behaviour that fosters diversity and inclusion. Regularly connects work to BMO's purpose, sets inspirational goals, defines clear expected outcomes, and ensures clear accountability for follow through. Attracts, retains, and enables the career development of top talent. Improves team performance, recognizes and rewards performance, coaches employees, supports their development, and manages poor performance. Fosters strong internal and external networks and works with and across multiple teams to achieve business objectives. Oversees credit underwritings and leads the credit documentation (i.e. including applications, memoranda, presentations, etc.) for internal and external stakeholders. Completes due diligence and credit analysis on new and existing client relationships. May include client visits, analysis of business models, and comprehensive review of industry trends and related regulations. Monitors client, client industry and regulatory agencies for potential changes which may affect client’s portfolio and business needs. Provides outstanding deal structuring, business development, and other expertise and negotiates transactions with clients on highly complex deals. Identifies emerging issues and trends to inform decision-making. Understands complexity of transactions and related risk (credit, market, operational, legal/compliance, etc.). Balances the Bank's risk appetite with the client needs in making recommendations/ proposal. Makes decisions based on a strong understanding of risks; effectively evaluates risk-return trade-offs, and proactively takes accountability for risks assumed. Considers risk, internal controls and compliance as part of day-to-day accountabilities and adheres to policies and procedures. Works with specialists as needed to support successful deal completion. Acts in a leadership role to drive improved efficiency and effectiveness. Identifies issues, gaps and process improvements through open communication both internally and with other bank areas, and through the monitoring of productivity against benchmarks. Operates at a group/enterprise-wide level and serves as a senior specialist resource across BMO. Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to multiple, interdependent, complex problems. Broader work or accountabilities may be assigned as needed.

Requirements

Minimum of 10 years of relevant experience in corporate banking working with investment banking on client coverage, negotiating and structuring financial transactions.
This should include some time in a corporate lending environment developing business.
Undergraduate degree has focal areas of finance, economics, or accounting preferred with high academic achievement.
Managerial, change management and leadership experience.
Exceptional analytical skills.
Technical leader viewed as a thought leader for innovation.
Verbal & written communication skills - Expert.
Analytical and problem-solving skills - Expert.
Influence skills - Expert.
Collaboration & team skills; with a focus on cross-group collaboration - Expert.

Nice To Haves

MBA, CFA or equivalent experience in financial services, accounting and legal fields is preferred but not required.
Relevant Financial Institutions sector experience is highly desired.
Experience with a delegated credit limit or signing authority is preferred.

Responsibilities

supporting the origination and structuring of corporate lending transactions
coordinating with other products as an integral part of a larger coverage team that maintains strong client relationships
providing lending expertise for a variety of sectors
establishing credit facilities to support trading products business
facilitating credit approvals in support of transaction banking products
training and coaching junior bankers
overseeing a team of junior and senior bankers in the Portfolio Management team
providing ongoing risk management support to the Group Head of Corporate Banking GFIG
overseeing credit underwritings and leads the credit documentation (i.e. including applications, memoranda, presentations, etc.) for internal and external stakeholders
completing due diligence and credit analysis on new and existing client relationships
monitoring client, client industry and regulatory agencies for potential changes which may affect client’s portfolio and business needs
providing outstanding deal structuring, business development, and other expertise and negotiates transactions with clients on highly complex deals
identifying emerging issues and trends to inform decision-making
balancing the Bank's risk appetite with the client needs in making recommendations/ proposal
working with specialists as needed to support successful deal completion
acting in a leadership role to drive improved efficiency and effectiveness
identifying issues, gaps and process improvements through open communication both internally and with other bank areas, and through the monitoring of productivity against benchmarks
operating at a group/enterprise-wide level and serves as a senior specialist resource across BMO
applying expertise and thinks creatively to address unique or ambiguous situations and to find solutions to multiple, interdependent, complex problems