About The Position

Come join our team!! We are searching for a Managing Director, Senior Manager Portfolio Management for our Emerging Middle Market Business Lending Group. This exciting role is looking for a strong leader who will be managing Underwriting and Portfolio teams, overseeing our Streamline Channel. Ideal candidate will have experience with successfully managing a pooled underwriting team, strong commercial credit skills, and thorough knowledge of our regulatory requirements for the commercial bank. Candidates who have experience with Transformation in a business banking or commercial banking credit underwriting operational environment preferred. This role analyzes credit information to support lending decisions and processes for new and existing Commercial banking loans and credit solutions in an assigned portfolio of clients. Makes credit decisions and recommendations in compliance with bank policies and procedures while maintaining an exceptional client service environment. Leverages advanced deal structuring expertise to negotiate loan terms and conditions and structure loans balancing client requirements with the bank's risk appetite and policies. In alignment with credit qualifications, signs off on new, renewal and extension loans. Conducts comprehensive portfolio monitoring and performance analysis including covenant compliance and client industry trends to identify risks and opportunities. Leads the development and implementation of advanced capital allocation strategies, that leverage market insights and portfolio analysis and optimize investment returns. Oversees financial and risk analysis to make informed credit-granting decisions and assessments of portfolio health. Handles escalated client concerns and service requests, ensuring expectations are consistently met or exceeded. Builds and maintains a portfolio of strong relationships that ensures a superior client experience and drives financial performance. Leads complex proposal development and delivers presentations to acquire clients or win business. Advises on strategic business priorities, resource allocation, and change initiatives to ensure successful execution of key strategies across commercial banking functions. Engages with industry peers and networks to gather competitive insights and best practices, applying this knowledge to maintain a competitive edge. Builds and maintains client relationships to ensure long-term financial performance in collaboration with Relationship Manager and business partners. Structures and supports new, renewal and extension loans aligned with client needs and bank & risk policies. Conducts financial analysis and risk assessments of clients' credit information, for an assigned portfolio, to provide insights and make informed decisions. Monitors the portfolio performance for assigned portfolio of Commercial Banking clients on an ongoing basis, taking corrective action when required. Minimizes BMO's risk exposure by adhering to credit policies, regulatory standards, and operational guidelines. Serves as a point of contact for service requests, ensuring expectations are consistently met or exceeded. Escalates issues when needed. Supports and implements initiatives to enhance service quality, acquire new business and expand client relationships. Identifies revenue and cross-selling opportunities to enhance portfolio growth. Identifies share of wallet opportunities. Leverages analysis tools to nurture and grow a portfolio that exceeds ROE thresholds and evaluates client returns on a proactive basis. Manages timely and accurate data entry into BMO's systems and leverages the data to support decision-making. 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. Builds interdependent teams that collaborate across functional and operating groups to create the highest value for all stakeholders. 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. Advises clients and prospects on sophisticated financial solutions and tailored strategic recommendations. Operates at a group/enterprise-wide level and serves as a senior specialist resource across BMO. Influences how teams/groups work together. Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to multiple, interdependent, complex problems. Communicates abstract concepts in simple terms. Fosters strong internal and external networks and works with and across multiple teams to achieve business objectives. Anticipates trends and responds by implementing appropriate changes. Broader work or accountabilities may be assigned as needed.

Requirements

  • 9+ years of relevant experience in credit or lending instruments or financial operations.
  • Bachelor's degree required; Master's degree preferred in Business Administration, Finance, or Accounting.
  • Credit Qualifications and associated credit knowledge and skills.
  • Seasoned expert with extensive industry knowledge.
  • Technical leader viewed as a thought leader for innovation.
  • Advanced proficiency in Structuring Deals, Change Management, Problem Solving, People Management, Detail-Oriented Leadership, Loan Structuring, Regulatory Compliance, Portfolio Management, Credit Risk Assessment, Banking Operations.
  • Expert level proficiency in Customer Service, Financial analysis, Microsoft Office.

Responsibilities

  • Manage Underwriting and Portfolio teams overseeing the Streamline Channel.
  • Analyze credit information to support lending decisions for new and existing Commercial banking loans.
  • Make credit decisions and recommendations in compliance with bank policies.
  • Negotiate loan terms and conditions balancing client requirements with the bank's risk appetite.
  • Conduct comprehensive portfolio monitoring and performance analysis.
  • Lead the development and implementation of advanced capital allocation strategies.
  • Oversee financial and risk analysis for informed credit-granting decisions.
  • Handle escalated client concerns and service requests.
  • Build and maintain strong client relationships.
  • Lead complex proposal development and deliver presentations to acquire clients.
  • Advise on strategic business priorities and resource allocation.
  • Engage with industry peers to gather competitive insights.
  • Monitor portfolio performance and take corrective action when required.
  • Support initiatives to enhance service quality and expand client relationships.
  • Identify revenue and cross-selling opportunities.
  • Manage timely and accurate data entry into BMO's systems.

Benefits

  • Health insurance
  • Tuition reimbursement
  • Accident and life insurance
  • Retirement savings plans

Stand Out From the Crowd

Upload your resume and get instant feedback on how well it matches this job.

Upload and Match Resume

What This Job Offers

Job Type

Full-time

Career Level

Senior

Industry

Credit Intermediation and Related Activities

Education Level

Bachelor's degree

© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service