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    Analyst, Corporate Banking- US Diversified - Chicago, United States - Bank of Montreal

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    Analyst, Corporate Banking- US Diversified page is loaded

    Analyst, Corporate Banking- US Diversified

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    locations

    Chicago, IL, USA

    time type

    Full time

    posted on

    Posted Today

    job requisition id

    R


    Application Deadline:

    03/12/2024 Address:

    320 S Canal Street Job Family Group:
    Capital Mrkts Sales & Service BMO Capital Markets is a leading, full-service financial services provider.

    We offer corporate and investment banking, treasury management, as well as research and advisory services to clients around the world.

    #bmocapitalmarkets
    Line of Business Overview

    The US Diversified group within the Corporate Bank underwrites and manages the firm's large corporate (public and private) syndicated loan portfolio across Industrials, FC&R, Technology and Business Services sectors.

    The team supports both our product and coverage partners by allocating capital to revolver, term loans, and ancillary business products.

    The team is responsible for all aspects of underwriting and manages the credit and Corporate Banking coverage (i.e. relationship management) post deal closing.
    Job description

    The Analyst will serve as a key member of the deal team in the underwriting, credit approval, and portfolio management; supporting the deal team by analyzing financial and operating data for trends in financial performance of companies and industries.

    The Analyst will be involved in the initial screening of transactions, due diligence, credit approval, and negotiation of legal documentation.

    The Analyst will help assess BMO's hold appetite across revolvers and term loans.

    Experienced Analysts will participate in client pitches to help support cross-selling opportunities for hedging and other traditional corporate banking products.

    Primary Function and Responsibilities
    New Underwritings
    Use independent critical thinking skills to analyze historical financial performance, create Base/Stress case financial projection models, develop risks and mitigants, business strengths, and credit rationale for completing a transaction
    Work across groups to compile diligence lists and lead diligence calls with company management teams and other lenders
    Complete risk / return models for new deals
    Collaborate with colleagues on different teams (Leveraged Finance, Investment Banking Industry Coverage, Ancillary Product groups) on materials for committee meetings attended by senior leaders across the bank
    Address questions from the Investment Committee and Credit team to support new transactions
    Portfolio Management
    Review and monitor Borrowers' financial statements for potential changes which may affect the Borrower's performance through detailed review of quarterly financial statements, participation in quarterly lender calls, and ongoing dialogue with management teams
    Prepare concise credit analysis and other correspondence on a quarterly basis for certain Borrowers, and on an annual basis for all Borrowers
    Assess Borrowers' internal risk rating on a regular basis based on their financial performance and changes to the qualitative aspects of the business
    Evaluate opportunities for new business (ancillary products such as FX and interest rate hedging and cash management) with existing Borrowers
    Conduct analysis and comprehensive review of industry trends and comparable transactions in the industry
    Relationship Management
    Assist in the preparation of pitch materials for client meetings and cross-sell of corporate banking products
    Experienced analysts will participate in client pitches to help support cross-selling opportunities for hedging and other traditional corporate banking products
    Education/Professional

    Experience
    An undergraduate degree with academic coursework in finance, economics, or accounting and an outstanding academic achievement

    • 3 years of relevant experience within investment banking, corporate banking, corporate credit, commercial banking or capital markets
    Completion of a financial analysis credit training program preferable

    Skills :
    Excellent analytical skills pertaining to business, financial, and credit analysis
    Skilled in building complex three-statement financial models
    Strong written and oral communication skills
    Strong proficiency in Microsoft Office products, notably MS Excel
    Ability to be creative, insightful and resourceful in performance of duties
    Strong interpersonal skills used within a demanding team environment
    Strong ability to attentively review, assess, and provide detailed information daily on multiple projects in an organized manner
    Excellent capability to independently function as part of a team through self-motivation
    The expected base salary for this role is $90, ,000 USD.

    Compensation and Benefits:

    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:

    We're here to help
    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

    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. BMO is an equal

    opportunity/affirmative

    action employer.

    All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law.

    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.

    About Us

    BMO is a leading bank driven by a single purpose: to Boldly Grow the Good in business and life.

    Everywhere we do business, we're focused on building, investing and transforming how we work to drive performance and continue growing the good.

    Who we are
    We're proud to be fueling growth and expanding possibilities for individuals, families and businesses. More than 12 million customers count on us for personal and commercial banking, wealth management and investment services.


    As the 8th largest bank in North America by assets, we provide personal and commercial banking, wealth management and investment services to more than 12 million customers.


    In Canada, the United States and across the globe, we'll continue to build, invest and transform to drive performance that serves the good that grows.

    #J-18808-Ljbffr


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