Job Description

55 Bloor Street West Toronto Ontario,M4W 3N5

Provides independent, objective review and adjudication of credit applications and transactions for an assigned portfolio, as applicable, within credit limits or makes credit recommendations and escalates. Delivers exceptional client service by truly understanding business banking credit to conduct the Bank\xe2\x80\x99s lending practices (i.e. credit applications) within the boundaries of the Bank\xe2\x80\x99s risk appetite, tolerances, and Analytical Risk Monitoring (ARM) platform. Supports credit adjudication operations and change initiatives. Provides coaching and supports teams and channels from which applications and transactions originate. Proactively identifies opportunities to provide value-added financial solutions that meet client needs and expand the loan portfolio.

• Provides advice and guidance to assigned business/group on implementation of solutions.
• Employs systems (e.g. customized exception reports, tracking reports etc.) to manage information.
• Provides technical expertise to other team members, acting as a go-to person for the team.
• Supports the manager by coordinating and managing workflow and exception requests; escalates any concerns.
• Makes credit decisions / recommendations in accordance with sound credit-granting principles and in compliance with Corporate Policies and Standards, Level 3 Documents (e.g. CLM, Financing Guidelines) and procedures.
• Reviews and communicates credit transaction decisions with rationales that can be understood and explained to customers.
• Identifies and advises on transaction decision terms, conditions, and collateral requirements and opportunities for cross-selling or alternative solutions that meet client needs.
• Reviews and confirms whether the Customer Signal Engine (CSE) within the Analytical Risk Monitoring (ARM) platform is correct for each credit application and associated borrower.
• Reviews credit applications to ensure that an appropriate Probability of Default (PD) is assigned to the borrower.
• Keeps abreast of economic and market developments within the portfolio to inform credit risk policies and decision making.
• Adheres to the risk rating process to ensure application integrity and compliance with policies and guidelines in force at the time of submission (e.g. manuals for Risk Rating).
• Identifies and actions exceptions and elevates sign-offs in compliance with established policies and standards.
• Coaches and advises customer-facing employees on credit risk to increase awareness of transaction risks, Policies, Standards, Level 3 Documents and knowledge of credit structuring.
• Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.
• Builds effective relationships with internal/external stakeholders.
• Gathers and formats data into regular and ad-hoc 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, 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 Business or a related field of study or an equivalent combination of education and experience.
• Credit Qualifications and associated credit knowledge and skills according to the established qualification standards.
• Working knowledge of banking products and services.
• Working knowledge of industry trends and regulations.
• Working knowledge of credit portfolio management Policies, Standards, Level 3 Documents and procedures.
• Effective communications and relationship management skills.
• Strong ability to manage multiple priorities with effective planning and organizing skills.
• Sound judgement, logic, and reasoning.
• 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.

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 https://jobs.bmo.com/ca/en 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.