VP, Transportation Commercial Credit

Bank of Montreal • Roselle, IL

6d

About The Position

Analyzes credit information to support lending decisions and processes for new and existing Transportation Commercial banking loans and credit solutions within an assigned client portfolio. Makes credit decisions and recommendations in compliance with bank policies and procedures while maintaining exceptional client service. Negotiates loan structures, terms, and conditions aligned with client requirements, the bank’s risk appetite, and policies. Assesses repayment capacity using financial models and analytical tools, recommends loan structures and collateral requirements, and signs off on new, renewal, and extension loans within delegated authority.

Monitors portfolio performance, credit conditions, compliance, and industry trends to identify risks and opportunities. Evaluates returns and recommends capital allocation strategies. Leads proposal development and presentations to capture new business and expand client relationships, while developing business plans and networking with industry contacts. Works with Relationship Managers and business partners to build and maintain client relationships and support long-term financial performance.

Provides specialized consulting, analytical, and technical support, exercising judgment to diagnose and solve problems within established rules. Works independently and regularly handles non-routine situations. Applies the Risk Management Framework and approved Risk Appetite, makes sound risk-informed decisions, and follows applicable policies, laws, and regulations. Broader work or accountabilities may be assigned as needed.

Requirements

• Preferred 5–7 years of relevant experience in credit or lending instruments or financial operations in a corporate or banking environment.
• Bachelor’s degree required; Business Administration, Finance, or Accounting preferred. Another related discipline or commensurate work experience is considered.
• For a credit-qualifiable job, meet credit qualification requirements and demonstrate credit knowledge and skills appropriate to the portfolio and qualification standards.
• Deep knowledge and technical proficiency gained through extensive education and business experience.
• Foundational proficiency in structuring deals.
• Advanced proficiency in problem solving, collaboration, attention to detail, customer service, loan structuring, regulatory compliance, portfolio management, credit risk assessment, banking operations, and Microsoft Office.
• Expert proficiency in financial analysis.

Nice To Haves

• Experience in credit or lending instruments or financial operations in a corporate or banking environment.
• A degree in Business Administration, Finance, or Accounting.

Responsibilities

• Structure and support new, renewal, and extension loans that meet client needs and comply with bank policies and risk requirements.
• Conduct financial analysis and credit risk assessments for clients in an assigned portfolio.
• Assess client repayment capacity and recommend appropriate loan structures and collateral requirements using financial models and analytical tools.
• Make credit decisions and recommendations, and approve loans within delegated authority.
• Monitor portfolio performance, credit conditions, compliance, and industry trends; take corrective action when required.
• Minimize the bank’s risk exposure by adhering to credit policies, regulatory standards, and operational guidelines.
• Evaluate portfolio performance and client returns, and recommend capital allocation strategies that support investment objectives and return thresholds.
• Lead proposal development and deliver presentations to win new business and expand client relationships.
• Develop and execute business development plans and identify revenue, cross-selling, and share-of-wallet opportunities.
• 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 client expectations, and escalate issues when needed.
• Support and implement initiatives to improve service quality, acquire new business, and grow client relationships.
• Network with industry contacts to gather competitive insights and best practices.
• Enter accurate and timely information into BMO systems and use data to support decision-making.
• Apply the Risk Management Framework and make risk-informed decisions consistent with business strategy, approved risk appetite, policies, and applicable laws and regulations.

Benefits

• Health insurance
• Tuition reimbursement
• Accident and life insurance
• Retirement savings plans
• Potential performance-based incentives, discretionary bonuses, and other perks and rewards
• Training and coaching, manager support, and network-building opportunities

What This Job Offers

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