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Commercial Banking Analyst
1 month ago
We are seeking a highly motivated and detail-oriented Commercial Banking Analyst to join our team at BMO Financial Group. As a Commercial Banking Analyst, you will be responsible for analyzing credit information, maintaining client relationships, and making lending decisions in accordance with sound credit-granting principles.
Key Responsibilities:- Analyze credit information to support lending decisions and processes
- Maintain and promote a client service environment to satisfy and exceed customer needs and expectations
- Make credit decisions and recommendations in accordance with sound credit-granting principles and in compliance with Bank Policies & Procedures
- Act timely, efficiently, and independently, taking ownership of client satisfaction
- Provide advice and guidance to assigned business/group on implementation of solutions
- Break down strategic problems, and analyze data and information to provide insights and recommendations
- Conduct thorough analysis of client capital and credit risk
- Provide accurate financial analysis and risk assessment of new and existing customers
- Partner with internal stakeholders for accurate, detailed client information
- Develop credit information to make lending decisions on new, renewal, and extension loans
- Assist in negotiations of terms and conditions of all decisions made via phone and e-mail interaction with clients
- Prepare summary, present facts, and offer opinions concerning credit worthiness
- Minimize BMO's risk exposure by adhering to internal credit policies and procedures with respect to lending decisions
- Provide input into the planning and implementation of operational programs
- Build effective relationships with internal/external stakeholders
- Typically between 3-5 years of relevant experience and post-secondary degree in related field of study OR an equivalent combination of education and experience
- Typically 3-5 years of previous Commercial Loan and Credit analyst experience required; however, as part of the BMO campus program, we are looking for motivated students with a strong desire to learn
- In-depth specific functional knowledge and broad business knowledge
- Strong analytical skills
- Exceptional skills in quantitative analytics and credit analysis skills
- Highly developed written and oral communication skills
- Strong proficiency in Microsoft Office products and the Internet
- Strong interpersonal skills
- Ability to work under limited supervision
- Basic understanding of risk management concepts
- Ability to learn and adapt quickly
- Excellent capability to independently and proactively service multiple clients
- Specialized knowledge from 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
BMO Financial Group offers a competitive salary and a comprehensive benefits package, including health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. We are an equal opportunity employer and welcome applications from diverse candidates.