BMO
BMO
Postuler

Overview

Join to apply for the Portfolio Manager, Commercial Banking (Standalone Products Group) role at BMO.

Group Description

The Standalone Products Group (SPG) supports BMO Commercial Bank, Canada teams with credit underwriting and portfolio management for commercial clients with ancillary products: Corporate Cards, Settlement Risk lines, and Letters of Credit.

Responsibilities

  • Facilitates decisioning and analysis of all types of credit information to support lending decisions and processes for the bank.
  • Maintains and promotes a client service environment to satisfy and exceed customer needs and expectations.
  • Makes credit decisions and recommendations in accordance with sound credit-granting principles and in compliance with Bank Policies & Procedures.
  • Identifies new sales opportunities for prospects and existing commercial clients through analysis.
  • May participate in on-site client visits with other internal stakeholders.
  • Recommends credit according to sound credit-granting principles.
  • Exercises individually held Commercial unilateral discretionary limits and any held prescribed approval discretionary limits.
  • Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.
  • Evaluates clients’ ability to repay loans and consults on loan structure and collateral.
  • Identifies trends in client activities which may be predictive of deteriorating credit quality.
  • Performs periodic reviews of credit where more frequent monitoring may be appropriate.
  • Understands borrower types typical in the high net worth market and their relation to collateral ownership, loan repayment, loan structure, etc.
  • Grants loan requests within specified limits, using understanding of credit scoring and risk management concepts.
  • Monitors covenants of clients within assigned portfolio to identify deteriorating credit conditions and compliance with loan agreement.
  • Provides accurate financial analysis and risk assessment of new and existing customers.
  • Partners with internal stakeholders for accurate, detailed client information.
  • Develops credit information to make lending decisions on new, renewal and extension loans.
  • Assists in negotiations of terms and conditions of all decisions made via phone and e-mail interaction with clients.
  • Prepares summary, presents facts and offers opinions concerning credit worthiness.
  • Minimizes BMO’s risk exposure by adhering to internal credit policies and procedures with respect to lending decisions.
  • Provides input into the planning and implementation of operational programs.
  • Builds effective relationships with internal/external stakeholders.
  • Focus is primarily on business/group within BMO; may have broader, enterprise-wide 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

  • Typically between 4 - 6 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
  • Technical proficiency gained through education and/or business experience.
  • Verbal & written communication skills - In-depth.
  • Collaboration & team skills - In-depth.
  • Analytical and problem-solving skills - In-depth.
  • Influence skills - In-depth.
  • Data-driven decision making - In-depth.
  • You’re fluent in French and English as this role provides support to clients and team members inside and/or outside the province of Quebec.

Salary

56,000.00 - 103,500.00

Pay Type

Salaried

BMO Financial Group’s 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.

To view more details of our benefits, please visit: / / jobs.bmo.com / global / en / Total-Rewards

About Us

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. We strive to help you make an impact from day one – for yourself and our customers. For more information, visit: / / jobs.bmo.com / ca / en

BMO is committed to an inclusive, equitable and accessible workplace. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

J-18808-Ljbffr