100 King Street West Toronto Ontario,M5X 1A1

Director (D) or Vice President (VP) will lead a team responsible for the portfolio management of credit exposures to BMO’s Metals and Mining (M&M) corporate loan portfolio. The position requires an individual who thrives in a fast-paced, collaborative environment and has a proven track record of coordinating internal and external teams to meet both transaction and internal deadlines. The individual will be responsible for all aspects of the ongoing portfolio management of the M&M lending portfolio. The ability to work independently as well as lead the portfolio management team with minimal guidance under time constraints will be a key differentiator of success.

Portfolio Management:

• Independently lead M&M portfolio management team
• Understand complexity of transactions and related risk (credit, market, operational, legal/compliance, etc.).
• Lead annual reviews of loan portfolio, maintain borrower monthly and quarterly compliance reporting as applicable, and respond to internal / external audits
• Monitor and support portfolio including consent / waiver / amendment processes, and other credit events that may impact borrowers
• Considers risk, internal controls and compliance as part of day-to-day accountabilities and adheres to policies and procedures
• Lead preparation of credit documentation (i.e., applications, memoranda, presentations, etc.) for risk committees
• Summarize diligence materials to develop and produce coherent recommendations and identify key risks and mitigants
• Coordinate with credit and operations teams for ongoing maintenance of the loan portfolio
• Maintain borrower credit files in a timely fashion
• Working with origination teams to establish limits for ancillary products (Treasury Products, Trade Finance, Interest Rate and Commodities Hedging, etc.)
• Building effective relationships with internal and external stakeholders
• Broader work or accountabilities may be assigned as needed

Coaching and Mentorship:

• The D or VP will manage a team of junior professionals
• Provide oversight to Analysts/ Associates on management of existing assets
• The D or VP will act as a coach/ mentor to junior professionals

Qualifications:

• Undergraduate degree has focal areas of finance, economics, or accounting preferred with high academic achievement.
• MBA, CFA or equivalent experience in financial services, accounting, or legal fields
• Minimum of 5 years of relevant experience in investment and/or corporate banking, negotiating and structuring financial transactions.
• Relevant M&M banking experience is highly desired.
• Excellent knowledge of the lending and portfolio management practices and objectives.
• Excellent knowledge of the bank’s financial solution products and services.
• Ability to create and deliver professional presentations.
• Expertise in financial computer applications and database management tools.
• Verbal & written communication skills - In-depth / Expert.
• Analytical and problem solving skills - In-depth / Expert.
• Collaboration & team skills; with a focus on cross-group collaboration - In-depth / Expert.
• Data driven decision making - In-depth / Expert

Base Salary:

Vice President level: $150,000

Director level: $175,000

Salary:

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 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.