Credit Analyst, Commercial Banking (Mid-Market)

The Commercial Credit Analyst will facilitate the 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.

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

Qualifications:

• Analytical and problem solving skills - In-depth.
• Data driven decision making - In-depth.
• Collaboration & team skills - In-depth.
• 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.
• Influence skills - In-depth.
• Technical proficiency gained through education and/or business experience.
• Verbal & written communication skills - In-depth.

We’re 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 – for yourself and our customers. We’ll 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’ll 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’s 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.