Business Analyst

4 weeks ago


New York, New York, United States BMO Full time

At BMO, we are seeking a highly skilled Business Analyst to join our Corporate Banking team. As a Business Analyst, you will play a critical role in supporting the Global Markets Corporate Banking line of business' ability to execute the 1st line of defense accountability for portfolio and risk management activities, and for the efficient functioning of the LOB.

The ideal candidate will have a strong understanding of accounting principles and various types of financial statements, as well as general knowledge of the Fund universe and trading products. You will be responsible for monitoring and tracking monthly, quarterly, and semi-annual covenant and trigger processes for on-time completion, generating status reports, and communicating with Bankers in advance of the 30-day grace period.

You will also be responsible for recording legal documentation and compliance exceptions with Bankers and clients, maintaining proprietary Hedge Fund databases, and completing other portfolio monitoring activities as required by the Hedge Fund Corporate Banking team.

In addition, you will assist Bankers in the credit approval process for new and renewed transactions via the preparation and population of the Credit Approval Folder (CAF), and support HF monthly memos and quarterly meetings.

As a Business Analyst, you will work closely with Corporate Bankers and other teams to ensure the efficient functioning of the LOB and promote, adhere, and support the Bank's risk culture.

The successful candidate will have a Bachelor's degree in business/business administration or other equivalent post-secondary diploma with 1-2 years of related work experience, and strong analytical and problem-solving skills, as well as the ability to work independently and take ownership of personal performance and development.

Salary for this role in New York is $70,000.00 USD. BMO offers a comprehensive compensation package, including performance-based incentives, discretionary bonuses, and other perks and rewards.

We are an equal opportunity/affirmative action employer and are committed to an inclusive, equitable, and accessible workplace. We strive to help our employees grow and make an impact, and we offer in-depth training and coaching, manager support, and network-building opportunities.


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