Associate, Commercial Banking (Public Sector Group)
Job Summary
Application Deadline:
Address:
100 King Street WestJob Family Group:
Join our Public Sector Group in Canadian Commercial Banking (CCB) and bring BMOs Purpose to life by Boldly Growing the Good. As a trusted advisor to many of Canadas important public institutions we provide top tier advice and banking solutions that enable our clients to better serve their communities. Our success is driven by our passion for the Public Sector professionalism and client service.
The Associate Public Sector is a unique career opportunity in commercial banking to work on large complex transactions with a high performing team while serving large public sector entities with budgets up to $1B. Associates provide mission critical insights and recommendations through their credit analysis portfolio monitoring and other responsibilities working directly with senior portfolio and relationship managers. Associates get wide exposure to clients and develop deep capabilities in financial analysis due diligence credit deal structuring and client communication.
Our clients needs span the full range of BMOs services so Associates play an important role in assessing needs and partnering with Treasury and Payments Solutions Debt Capital Markets Interest Rate Derivatives Global Asset Management / Wealth Advisory and many others.
Responsibilities day-to-day include:
- Execute new lending opportunities through detailed financial modelling risk analysis due diligence loan structuring negotiation documentation and deal closing
- Support the day-to-day portfolio management activities including portfolio monitoring compliance risk management and expanded client needs
- Deliver exceptional day-to-day service through bespoke solutions to client requests coordination of service administration and acting as a primary point of client contact in absence of senior bankers
- Support client prospecting and proposal activities by drafting presentations and participating in client meetings
- Resolve any identified issues properly and escalate concerns to Senior Management to ensure timely awareness of material concerns
- Ensure a smooth team & client experience by navigating BMO systems policies and processes
- Execute business initiatives and identify opportunities for process improvement including adoption of digital ways of working
- Maintain internal control standards including adherence to audit regulatory and compliance policies
- Support broader portfolio or additional responsibilities as requested to support our clients
Experience it will take to succeed:
- Minimum 3-5 years of experience working in commercial banking or adjacent finance industries
- Proven proficiency in research modelling financial analysis and due diligence. Preference for candidates with credit and loan structuring skills
- Demonstrated excellence in client service collaboration and initiative
- Excellent verbal and written communication skills
- Computer literacy with a minimum of the MS Office suit.
- Experience with Public Sector financing considered an asset
- Post-secondary degree in related field of study or equivalent
- MBA CPA CFA or similar are all considered assets
Salary:
Pay Type:
The above represents BMO Financial Groups pay range and type.
Salaries will vary based on factors such as location skills experience education and qualifications for the role and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles the salary listed above represents BMO Financial Groups expected target for the first year in this position.
BMO Financial Groups total compensation package will vary based on the pay type of the position and may include performance-based incentives discretionary bonuses as well as other perks and rewards. BMO also offers health insurance tuition reimbursement accident and life insurance and retirement savings plans. To view more details of our benefits please visit: Us
At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting positive change for our customers our communities and our people. By working together innovating and pushing boundaries we transform lives and businesses and power economic growth around the world.
As a member of the BMO team you are valued respected and heard and you have more ways to grow and make an impact. We strive to help you make an impact from day one for yourself and our customers. Well support you with the tools and resources you need to reach new milestones as you help our customers reach theirs. From in-depth training and coaching to manager support and network-building opportunities well help you gain valuable experience and broaden your skillset.
Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO directly or indirectly will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid written and fully executed agency agreement contract for service to submit resumes.
Required Experience:
IC
About Company
We cover the whole balance sheet, from foreign exchange, trade finance and treasury management to corporate lending, securitization, public and private debt and equity underwriting. Our team of experts can also provide a full range of advisory services, along with industry-leading res ... View more