Director, Commercial Banking (Corporate Finance Group)
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Job Location:
Monthly Salary:
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Application Deadline:
Address:
100 King Street WestJob Family Group:
This position allows for the successful candidate to be located in either Toronto ON or Ottawa ON.
Corporate Finance Team Overview:
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 both on a syndicated and bilateral basis.
Job Overview
The Director manages a commercial lending portfolio and supports the origination of new clients and coordinates with other products as an integral part of a larger coverage team that maintains strong client relationships. Facilitates growth initiatives for the Bank through significant business development and excellent management of key client relationships by cross selling other products (e.g. derivatives cash management & corporate cards subordinated debt and equity leasing trade finance products etc.).
Job Description:
- Prepares credit recommendations regarding risk deal structure and client requirements by analyzing financial and operational data of new and existing clients.
- Directly manages the annual review process interim reviews specified quarterly reports and resolution of exceptions.
- Manages the risk of the assigned complex portfolio in a timely and precise manner.
- Leads and executes business development plans for clients.
- Acts as a key contact to clients on credit related questions and develop strong relationship with clients.
- Provides research and data gathering to facilitate solution to the clients/prospects business and needs.
- Participates in sales activities such as pitch preparation client research preparation of prospect and client files for further action.
- Coordinates service administration and processing ensuring client experience is seamless and opportunities are identified and met.
- Makes recommendations to senior leaders on strategy and new initiatives based on an in-depth understanding of the business/group.
- Conducts independent analysis and assessment to resolve strategic issues.
- Recommends business priorities advises on resource requirements and develops roadmap for strategic execution.
- Maintains accurate documentation and ensure adherence to prescribed policies and procedures and overall safety of the Banks position.
- Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to problems that can be complex and non-routine.
- Broader work or accountabilities may be assigned as needed.
Qualifications:
- Seasoned professional with a combination of education experience and industry knowledge.
- Master or MBA degree (finance accounting economics or related field) with a strong academic achievement with 3-5 years of relevant experience or an undergraduate degree with 5-7 years of relevant experience.
- A CPA CBV CFA or other relevant professional designation or advanced degree ongoing or completed is an asset.
- Excellent analytical and quantitative skills with a focus on financial and accounting analysis as well as data and statistical analysis.
- Excellent computer literacy and technical skills as it relates to Microsoft Office applications (Excel Word PowerPoint).
- Excellent verbal & written communication skills.
- Excellent collaboration & team skills.
- Excellent negotiations skills with both clients and legal counsel.
- 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
Key Skills
- Business Development
- Information Technology
- Oversight
- Professional Development
- Account Management
- Client Relationships
- Project Management
- Strategic Initiatives
- Ensure Compliance
- Program Development
- KPI
- Product Development
- Direct Reports
- Strategic Development
- Special projects
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
