Analyst Associate Corporate and US Commercial Special Assets Management New or Recent Graduate Opportunity
Analyst Associate Corporate and US Commercial Special Assets Management New or Recent Graduate Opportunity
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
$ 61600 - 114400
1 Vacancy
Job Description
Application Deadline:
Address:
320 S Canal StreetJob Family Group:
Customer Shared ServicesThis is a hybrid role based in Chicago.
Delivers an exceptional customer experience for a defined portfolio of high risk borrowing accounts by applying expertise to reduce the Banks loss exposure and manage risks. Advises internal and external stakeholders on complex highrisk credit risk transactions and mitigation strategies. Makes credit decisions/recommendations in accordance with sound creditgranting principles and in compliance with Bank Policy & Procedures. Works with stakeholders to deepen relationships and grow the overall profitability of the portfolio.
- Develops solutions and makes recommendations based on an understanding of the business strategy and stakeholder needs.
- Provides advice and guidance to assigned business/group on implementation of solutions.
- Monitors the financial and risk performance of account portfolio; performs financial and risk analysis of customer and account information to provide insights and recommendations on how to improve quality liquidity and Banks security position.
- Documents decisions on credit transactions with rationale that can be understood and explained to customers.
- Identifies and advises on terms conditions and collateral requirements for the transaction decision as well as alternative solutions.
- Keeps abreast of economic and market developments within the portfolio to inform decision making and credit risk policies.
- Maintains and enhances knowledge around lending issues including loan structure collateral foreclosure bankruptcy and the various regulations that directly impact the Bank.
- Provides credit risk coaching and advice to sales & service employees to increase awareness of risk policy and knowledge of structuring transactions.
- Supports the of strategic initiatives in collaboration with internal and external stakeholders.
- Builds effective relationships with internal/external stakeholders; includes legal and insolvency professionals and other consultants/advisors in the commercial business community.
- Gathers and formats data into regular and adhoc reports and dashboards.
- Monitors and tracks performance and addresses any issues.
- Provides input into the planning and implementation of operational programs.
- Executes work to deliver timely accurate and efficient service.
- Focus is primarily on business/group within BMO; may have broader enterprisewide focus.
- Exercises judgment to identify diagnose and solve problems within given rules.
- Works independently on a range of complex tasks which may include unique situations.
- Broader work or accountabilities may be assigned as needed.
Qualifications:
- As a fulltime employee we would require24years of experience however as part of the BMO campus & early talent program we are looking for motivated new graduate individuals with a strong desire to learn
- Credit Qualifications and associated credit knowledge and skills according to the established qualification standards.
- Indepth knowledge of banking products & services.
- Indepth knowledge of industry trends and regulations.
- Indepth knowledge of credit portfolio management policies & procedures and financing guidelines.
- Technical proficiency gained through education and/or business experience.
- Verbal & written communication skills Indepth.
- Collaboration & team skills Indepth.
- Analytical and problem solving skills Indepth.
- Influence skills Indepth.
- Data driven decision making Indepth.
Salary:
$61600.00 $114400.00Pay Type:
SalariedThe 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 parttime roles will be prorated 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 performancebased 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 indepth training and coaching to manager support and networkbuilding opportunities well help you gain valuable experience and broaden your skillset.
BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process please send an email to and let us know the nature of your request and your contact information.
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
Employment Type
Full-Time
