Associate Director
Associate Director
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Job Description
Application Deadline:
Address:
2828 boul LaurierJob Family Group:
The Corporate Finance team within Canadian Commercial Banking is part of BMO Financial Group and covers both public and large private corporate clients operating in diversified industries. The team is responsible for marketing managing and monitoring large commercial loan portfolios and also supporting credit requirements and cross selling efforts for other businesses including subordinated debt equipment leasing derivatives cash management and trade finance. The team assesses financing opportunities of $ or more.
Job Overview:
The Associate Director will join a team that is responsible for loan origination and account management of a growing portfolio of clients. The Associate Director will support account management in making approval recommendations as well as ongoing proactive independent monitoring of client portfolios and client financial addition as part of an ongoing team approach the Associate Director will work closely with various Corporate Finance representatives to best serve and manage our existing client relationships as well as grow the portfolio. The Associate Director will prepare credit packages to make recommendations regarding risk deal structure and client requirements by analyzing financial and operational data of new and existing clients.
- Analyze financial information agencies rating reports and other related materials.
- Prepare transaction summaries industry overviews and analyze companies from different industries.
- Provide accurate financial analysis and risk assessment of new and existing customers.
- Monitors covenants and borrowing base certificates of clients within assigned portfolio to identify deteriorating credit conditions and compliance with loan agreement.
- Analyze credit information to support lending decisions for new renewal and extension of loans as well as to offer opinions regarding credit worthiness of existing or prospective clients.
- Assist in negotiations of terms and conditions of loan agreements.
- Help minimize BMOs risk exposure by adhering to internal credit policies and procedures with respect to lending decisions.
- Build relationships with internal/external stakeholders.
- Execute broader work or accountabilities depending on business needs.
Qualifications:
- Master or MBA degree (finance / accounting economics or related field) with a strong academic achievement or an undergraduate degree with 1-3 years of relevant experience. A CPA CBV CFA or other relevant professional designation or advanced degree ongoing or completed is an asset.
- Well developed analytical and quantitative skills with a focus on financial and accounting analysis as well as data and statistical analysis.
- Strong computer literacy and technical skills as it relates to basic Microsoft Office applications (Excel Word PowerPoint).
- Excellent verbal & written communication skills.
- Strong organizational and collaboration skills with the ability to prioritize work and manage multiple tasks while meeting time sensitive deadlines.
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:
Director
Employment Type
Full-Time
