Application Deadline:

02/20/2025

Address:

VIRTUAL49 - HomeRes - WI

Job Family Group:

Commercial Sales & Service

Manages, evaluates, and monitors renewals of small business loan products to ensure they are reviewed and documented (if necessary) prior to becoming an administrative past due. Monitors covenants, borrowing phase certificates, and other applicable conditions of credit. Reviews and recommends or determines credit decisions in accordance with sound credit granting principles in compliance legal and regulatory requirements and Bank policies and procedures. Interacts with clients to enhance their relationship with the Bank. Provides input into strategic decision making. Maintains client contact for assigned relationships and presents results. Supports new product and business development.

Fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behaviours in all that they do.Ensures alignment between values and behaviour that fosters diversity and inclusion.Regularly connects work to BMO’s purpose, sets inspirational goals, defines clear expected outcomes, and ensures clear accountability for follow through. Builds interdependent teams that collaborate across functional and operating groups to create the highest value for all stakeholders. Attracts, retains, and enables the career development of top talent.Improves team performance, recognizes and rewards performance, coaches employees, supports their development, and manages poor performance. Provides strategic input into business decisions as a trusted advisor.Influences and negotiates to achieve business objectives.Makes recommendations to senior leaders on strategy and new initiatives, based on an in-depth understanding of the business/group.Identifies emerging issues and trends to inform decision-making.Acts as a subject matter expert on relevant regulations and policies.May network with industry contacts to gain competitive insights and best practices.May consult to or serve on various committees.Establishes banking strategies, styles, and products to meet growth and profitability objectives.Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.Helps determine business priorities and best sequence for execution of business/group strategy.Conducts independent analysis and assessment to resolve strategic issues.Manages mostly tactical with some strategic relationships with peers in department and functional management.Works with more senior staff when dealing with complex issues, projects, analyses, or internal relationships.Builds effective relationships with internal/external stakeholders.Ensures alignment between stakeholders.Breaks down strategic problems, and analyses data and information to provide insights and recommendations.Monitors and tracks performance, and addresses any issues.Designs and produces regular and ad-hoc reports, and dashboards.Builds change management plans of varying scope and type; leads or participates in a variety of change management activities including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives.Leads or participates in defining the communication plan designed to positively influence or change behaviour; develops tailored messaging; and identifies appropriate distribution channels.Manages multiple processes or programs and provides input on the department's budget.Evaluates alternate third-party data sources, models, or software.Examines advanced statistical techniques or modeling technology.Executes assigned processes or programs with little day-to-day management.Provides input into the planning and implementation of operational programs.Executes work to deliver timely, accurate, and efficient service.Analyzes financial information to assesses risks for new and existing customers and evaluate their ability to repay.Interprets and evaluates consumer credit bureau reports, Dun & Bradstreet business reports, and public records using credit scoring and risk management concepts to grant loan requests within specified limits.Seeks alternative means of financing or counter-offers for all borrowers when the original request cannot be accommodated.Completes annual loan maturities and renewals to avoid administrative past dues using credit scoring and loan review tools.Conducts periodic credit reviews where more frequent monitoring may be appropriate based on early warning triggers and identifies client activity trends that may be predictive of deteriorating credit quality.Assists in the resolution of situations where changes in structure may be necessary due to borrower, market, or industry changes.Advises customers in credit related matters and maintains and promotes a customer service environment that satisfies and exceeds customer needs and expectations.Breaks down strategic problems, and analyses data and information to provide insights and recommendationsConducts research to support portfolio management activities.Understands and adheres to all risk and compliance requirements; ensures supporting documentation and controls are in place and are being followed.Builds effective relationships with internal/external stakeholders.Ensures alignment between stakeholders.Operates at a group/enterprise-wide level and serves as a specialist resource to senior leaders and stakeholders.Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to problems that can be complex and non-routine.Implements changes in response to shifting trends.Broader work or accountabilities may be assigned as needed.

Qualifications:

Typically 8 - 12 years of relevant experience and post-secondary degree in Business or a related field of study or an equivalent combination of education and experience.Advanced knowledge and experience with credit product performance and risk management - required.Advanced understanding of functional area, the overall firm, and competitive environment.Broad knowledge of more than one discipline.Seasoned professional with a combination of education, experience and industry knowledge.Verbal & written communication skills - In-depth / Expert.Analytical and problem solving skills - In-depth / Expert.Influence skills - In-depth / Expert.Collaboration & team skills; with a focus on cross-group collaboration - In-depth / Expert.Able to manage ambiguity.Data driven decision making - In-depth / Expert.

Salary:

$120,000.00 - $222,600.00

Pay Type:

Salaried

The above represents BMO Financial Group’s pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.

BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards

About Us

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 http://jobs.bmo.com/us/en

BMO is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristics. We also consider applicants with criminal histories, consistent with applicable federal, state and local law.

BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to BMOCareers.Support@bmo.com and let us know the nature of your request and your contact information.

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.