Associate, Specialty Finance
Top Benefits
About the role
Description
Global Team Overview:
The Corporate Finance team within BMO Commercial Bank, Canada, part of BMO Financial group covers both large public and private corporate clients operating in diversified, real estate, auto dealership finance and various other specialized industries. The Team assesses financing opportunities representing $25MM or more, both on a syndicated and bilateral basis. Financing solutions offered include, but are not limited to, senior, subordinated and mezzanine debt, in addition to equity. The selected candidate will join the Financial Services Group (“FSG”), part of the Specialty Segments, which focuses on management and origination of banking relationships within the Financial Services sector and will join the Specialty Finance Portfolio which focuses on senior debt financing opportunities with non-regulated lenders or long-term lessors and as well as full banking relationships with specific financial services sub-sectors. The Financial Services Group is based in Toronto and has national coverage in the sector.
Job Overview:
The Associate will join the FSG team that is responsible for loan origination and account management of a growing portfolio of clients. The Associate will support account management in making approval recommendations as well as ongoing proactive independent monitoring of client portfolios and client financial performance. In addition, as part of an ongoing team approach, the Associate will work closely with various Corporate Finance representatives to best serve and manage our existing client relationships as well as grow the portfolio. The Associate will prepare credit packages to make recommendations regarding risk, deal structure, and client requirements by analyzing financial and operational data of new and existing clients.
Job Description
The candidate will:
- Analyze financial information, agencies rating reports and other related materials.
- Prepare transaction summaries, industry overviews and analyze companies from different industries within the financial services sector.
- Provide accurate financial analysis and risk assessment of new and existing customers.
- Monitors covenants and borrowing base certificates of clients within assigned portfolio to identify deteriorating credit conditions and compliance with loan agreement.
- Analyze credit information to support lending decisions for new, renewal and extension of loans, as well as to offer opinions regarding credit worthiness of existing or prospective clients.
- Assist in negotiations of terms and conditions of loan agreements.
- Help minimize BMO’s risk exposure by adhering to internal credit policies and procedures with respect to lending decisions.
- Build relationships with internal/external stakeholders.
- Execute broader work or accountabilities depending on business needs.
Qualifications:
- Master or MBA degree (finance / accounting, economics, or related field) with a strong academic achievement or an undergraduate degree with 1-3 years of relevant experience. A CPA, CBV, CFA or other relevant professional designation or advanced degree, ongoing or completed, is an asset.
- Well developed analytical and quantitative skills with a focus on financial and accounting analysis, as well as data and statistical analysis.
- Strong computer literacy and technical skills as it relates to basic Microsoft Office applications (Excel, Word, PowerPoint).
- Excellent verbal & written communication skills.
- Strong organizational and collaboration skills with the ability to prioritise work and manage multiple tasks while meeting time sensitive deadlines.
About Desjardins
Desjardins Group is the largest cooperative financial group in North America and the fifth largest cooperative financial group in the world, with assets of $435.8 billion as at March 31, 2024. It was named one of Canada's Best Employers by Forbes magazine and by Mediacorp. To meet the diverse needs of its members and clients, Desjardins offers a full range of products and services to individuals and businesses through its extensive distribution network, online platforms and subsidiaries across Canada. Ranked among the world's strongest banks according to The Banker magazine, Desjardins has some of the highest capital ratios and credit ratings in the industry and the first according to Bloomberg News.
Associate, Specialty Finance
Top Benefits
About the role
Description
Global Team Overview:
The Corporate Finance team within BMO Commercial Bank, Canada, part of BMO Financial group covers both large public and private corporate clients operating in diversified, real estate, auto dealership finance and various other specialized industries. The Team assesses financing opportunities representing $25MM or more, both on a syndicated and bilateral basis. Financing solutions offered include, but are not limited to, senior, subordinated and mezzanine debt, in addition to equity. The selected candidate will join the Financial Services Group (“FSG”), part of the Specialty Segments, which focuses on management and origination of banking relationships within the Financial Services sector and will join the Specialty Finance Portfolio which focuses on senior debt financing opportunities with non-regulated lenders or long-term lessors and as well as full banking relationships with specific financial services sub-sectors. The Financial Services Group is based in Toronto and has national coverage in the sector.
Job Overview:
The Associate will join the FSG team that is responsible for loan origination and account management of a growing portfolio of clients. The Associate will support account management in making approval recommendations as well as ongoing proactive independent monitoring of client portfolios and client financial performance. In addition, as part of an ongoing team approach, the Associate will work closely with various Corporate Finance representatives to best serve and manage our existing client relationships as well as grow the portfolio. The Associate will prepare credit packages to make recommendations regarding risk, deal structure, and client requirements by analyzing financial and operational data of new and existing clients.
Job Description
The candidate will:
- Analyze financial information, agencies rating reports and other related materials.
- Prepare transaction summaries, industry overviews and analyze companies from different industries within the financial services sector.
- Provide accurate financial analysis and risk assessment of new and existing customers.
- Monitors covenants and borrowing base certificates of clients within assigned portfolio to identify deteriorating credit conditions and compliance with loan agreement.
- Analyze credit information to support lending decisions for new, renewal and extension of loans, as well as to offer opinions regarding credit worthiness of existing or prospective clients.
- Assist in negotiations of terms and conditions of loan agreements.
- Help minimize BMO’s risk exposure by adhering to internal credit policies and procedures with respect to lending decisions.
- Build relationships with internal/external stakeholders.
- Execute broader work or accountabilities depending on business needs.
Qualifications:
- Master or MBA degree (finance / accounting, economics, or related field) with a strong academic achievement or an undergraduate degree with 1-3 years of relevant experience. A CPA, CBV, CFA or other relevant professional designation or advanced degree, ongoing or completed, is an asset.
- Well developed analytical and quantitative skills with a focus on financial and accounting analysis, as well as data and statistical analysis.
- Strong computer literacy and technical skills as it relates to basic Microsoft Office applications (Excel, Word, PowerPoint).
- Excellent verbal & written communication skills.
- Strong organizational and collaboration skills with the ability to prioritise work and manage multiple tasks while meeting time sensitive deadlines.
About Desjardins
Desjardins Group is the largest cooperative financial group in North America and the fifth largest cooperative financial group in the world, with assets of $435.8 billion as at March 31, 2024. It was named one of Canada's Best Employers by Forbes magazine and by Mediacorp. To meet the diverse needs of its members and clients, Desjardins offers a full range of products and services to individuals and businesses through its extensive distribution network, online platforms and subsidiaries across Canada. Ranked among the world's strongest banks according to The Banker magazine, Desjardins has some of the highest capital ratios and credit ratings in the industry and the first according to Bloomberg News.