US VP Commercial Banking - Portfolio Management

BMO (Bank of Montreal)•Chicago, IL

48d

About The Position

Facilitates decisioning and analysis of all types of credit information to support lending decisions and processes for the bank. Maintains and promotes a client service environment to satisfy and exceed customer needs and expectations. This role will make credit decisions and recommendations in accordance with sound credit-granting principles and in compliance with Bank Policies & Procedures. Provides accurate financial analysis and risk assessment of new and existing customers. Develops credit information to make lending decisions on new, renewal and extension loans. Oversees preparation of concise, well reasoned credit correspondence. Partners with internal stakeholders for accurate, detailed client information. Minimizes BMO's risk exposure by adhering to internal credit policies and procedures with respect to lending decisions Exercises judgment to identify, diagnose, and solve problems within given rules. Negotiates transactions with clients and provides deal structuring expertise. Coordinates transaction closings with closing department, clients and attorneys. Oversees documentation and ongoing monitoring of asset and client performance. Builds effective relationships with internal/external stakeholders. May manage workflow of other analysts by aligning tasks with departmental goals and objectives. Acts as the prime subject matter expert for internal/external stakeholders. Applies deep expertise in bank products, processes and systems and effectively trouble shooting to ensure a high-quality client experience. Recommends and implements solutions based on analysis of issues and implications for the business. Maintains current on financing trends in target clients' markets and communicate same to team members. Works independently and regularly handles non-routine situations.

Requirements

7+ years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
Deep knowledge and technical proficiency gained through extensive education and business experience.
Verbal & written communication skills - In-depth.
Collaboration & team skills - In-depth.
Analytical and problem solving skills - In-depth.
Data driven decision making - In-depth.

Responsibilities

Provides accurate financial analysis and risk assessment of new and existing customers.
Develops credit information to make lending decisions on new, renewal and extension loans.
Oversees preparation of concise, well reasoned credit correspondence.
Partners with internal stakeholders for accurate, detailed client information.
Minimizes BMO's risk exposure by adhering to internal credit policies and procedures with respect to lending decisions
Exercises judgment to identify, diagnose, and solve problems within given rules.
Negotiates transactions with clients and provides deal structuring expertise.
Coordinates transaction closings with closing department, clients and attorneys.
Oversees documentation and ongoing monitoring of asset and client performance.
Builds effective relationships with internal/external stakeholders.
May manage workflow of other analysts by aligning tasks with departmental goals and objectives.
Acts as the prime subject matter expert for internal/external stakeholders.
Applies deep expertise in bank products, processes and systems and effectively trouble shooting to ensure a high-quality client experience.
Recommends and implements solutions based on analysis of issues and implications for the business.
Maintains current on financing trends in target clients' markets and communicate same to team members.
Works independently and regularly handles non-routine situations.