Job Description

Application Deadline: 07/13/2023

Address: 1675 Grafton Street

Job Family Group: Commercial Sales & Service

The Associate Director will work as part of a two person deal team. Together they will manage a portfolio of diverse commercial clients. The Associate Director 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. This role will make credit decisions and recommendations in accordance with sound credit-granting principles and in compliance with Bank Policies & Procedures.

Applies knowledge of bank products, processes and systems to effectively trouble-shoot client issues, ensuring a high-quality client experience. Serves as a client point of contact to ensure expectations are met or exceeded.

Oversees ongoing monitoring of client performance through accurate and timely margin and covenant reporting, with appropriate escalation as required, in accordance with Bank policies.

Establishes cross-selling initiatives to increase penetration with client.

Applies deep expertise in bank products, processes and systems and effectively trouble shooting to ensure a high-quality client experience.

May coordinate closing with closing department, clients and attorneys.

Recommends and implements solutions based on analysis of issues and implications for the business.

Maintains current on financing trends in target clients\' markets, and communicate same to team members.

Oversees preparation of concise, well reasoned credit correspondence.

Coordinates the preparation of lending proposals and pitches to prospective clients with efforts to maximize penetration and returns.

Assists in negotiates transactions with clients and provides deal structuring expertise.

Oversees documentation and ongoing monitoring of asset and client performance.

Provides accurate financial analysis and risk assessment of new and existing customers.

Develops credit information to make lending decisions on new, renewal and extension loans.

Prepares summary, present facts and offer opinions concerning credit worthiness.

Minimizes BMO\xe2\x80\x99s 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.

Exercises judgment to identify, diagnose, and solve problems within given rules.

Works independently and regularly handles non-routine situations.

Broader work or accountabilities may be assigned as needed.

Qualifications:

Typically between 5 - 7 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.

Deep knowledge and technical proficiency gained through extensive education and 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.

We\xe2\x80\x99re here to help

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 \xe2\x80\x93 for yourself and our customers. We\xe2\x80\x99ll 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, we\xe2\x80\x99ll help you gain valuable experience, and broaden your skillset.

To find out more visit us at .

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other\xe2\x80\x99s differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

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.

BMO Financial Group