-
Portfolio Underwriting Director
4 days ago
Vouch Chicago, United StatesAbout Vouch: · Insurance... sounds slow, old-fashioned, and unexciting. Exactly. Insurance is broken, and it's failing fast-moving, innovative startups. · Vouch is a new, technology-first insurance company backed with $185M in funding from world-class investors. Like Stripe for ...
-
Portfolio Underwriting Manager
4 days ago
Vouch Chicago, United StatesAbout Vouch: · Insurance... sounds slow, old-fashioned, and unexciting. Exactly. Insurance is broken, and it's failing fast-moving, innovative startups. · Vouch is a new, technology-first insurance company backed with $185M in funding from world-class investors. Like Stripe for ...
-
Prs Portfolio Underwriter
3 weeks ago
Chubb Chicago, United States**As a Personal Risk Services, PRS, Portfolio Underwriter, you are accountable for**: · - Individual risk selection for accounts generating an annual premium less than $100,000 · - Assuming a producer relationship and account leadership role in the achievement of profit, growth a ...
-
Prs Portfolio Underwriter
3 weeks ago
Combined Insurance Chicago, United States**As a Personal Risk Services, PRS, Portfolio Underwriter, you are accountable for**: · - Individual risk selection for accounts generating an annual premium less than $100,000 · - Assuming a producer relationship and account leadership role in the achievement of profit, growth a ...
-
CIBC Chicago, United StatesWe're building a · relationship-oriented · bank for the modern world. We need talented, passionate professionals who are dedicated to doing what's right for our clients. · At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have ...
-
Bank of Montreal Chicago, United StatesAssociate, Asset Based Lending Portfolio and Underwriting page is loaded · Associate, Asset Based Lending Portfolio and Underwriting · Apply · locations · Chicago, IL, USA · time type · Full time · posted on · Posted 2 Days Ago · job requisition id · R · Application De ...
-
Canadian Imperial Bank of Commerce Chicago, United StatesCommercial Banking Underwriter/Portfolio Manager: Financial Institutions page is loaded · Commercial Banking Underwriter/Portfolio Manager: Financial Institutions · Apply · locations · Chicago, IL · time type · Full time · posted on · Posted 4 Days Ago · job requisition ...
-
BMO Financial Group Chicago, United StatesPosition is a PM/ Underwriting role, inclusive of current and new customer calling and pitching. As PM, hire would manage 7-10 customers, while also managing the underwriting of new borrowers and helping more junior team members. Position is involved in decisioning and analysis o ...
-
Underwriter, Commercial Insurance Specialty
2 weeks ago
CHUBB Chicago, United States Regular - Full timeUnderwriter, Commercial Insurance Specialty · We are looking for a strategic and dynamic leader to partner with the Commercial Insurance Specialty (CIS) Manager, branch and distribution management to assist in profitably growing the Chicago CIS book of business. · Responsibilitie ...
-
Executive Surety Underwriter
1 week ago
Allianz Trade in North America Chicago, United StatesJob Purpose: · Responsible and accountable for the marketing and underwriting of Surety portfolio within your region for the Allianz Trade North America Surety Team. The Executive Surety Underwriter is responsible for maintaining existing and developing new broker relationships, ...
-
Senior Middle Market Underwriter
1 week ago
Selby Jennings Chicago, United StatesMy Client is at the forefront of revolutionizing the insurance industry through cutting-edge technology and innovative solutions. They specialize in providing tailored insurance products to meet the evolving needs of our clients. Their mission is to simplify and enhance the insur ...
-
Special Assets Underwriter
1 week ago
Old National Bank Chicago, United States Regular Full timeOverview · Old National Bank has been serving clients and communities since 1834. With $48 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and ...
-
Senior Underwriter, Life Sciences
2 weeks ago
Liberty Mutual Insurance Chicago, United States Full timePay Philosophy · The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these ...
-
Real Estate Acquisitions Associate
1 week ago
Connect Search, LLC Chicago, United StatesTHE FIRM – A Chicago based private equity real estate investment firm with $2B million AUM is looking to add a real estate associate - acquisitions due to continued growth. They invest in niche real estate assets across a variety of asset classes in the united states. This positi ...
-
Zurich Insurance Company Chicago, United States Full timeZurich North America is looking for a Commercial Surety Underwriting Officer (AVP or VP Level) to join our Commercial Surety team within the North Central region. · The Commercial Surety Underwriter is a uniquely technical role in the underwriting world. In this position you will ...
-
Senior Pricing Actuary, Single Risks Pricing
3 weeks ago
SCOR Chicago, United StatesJob Summary · The work includes large account pricing, working with Underwriters and the Actuarial Methods and Insights team to develop and maintain pricing models and to provide analyses and management information reports to internal and external Stakeholders. · This role would ...
-
Analyst, Capital Markets
2 weeks ago
InterPark LLC/PreFlight LLC Chicago, United StatesInterPark Corporate Office - 200 N LaSalle St-Chicago,IL, 200 N. LaSalle, Chicago, Illinois, United States of America · Req #977Monday, April 1, 2024Based in Chicago, reporting to the Vice President Acquisitions and as a shared resource with the SVP Finance, the Capital Markets ...
-
Loan Officer
1 week ago
Albany Bank Chicago, United StatesSeeking motivated professional with strong credit skills willingness to manage a portfolio of existing loans and do new business development. Position would require individual that is very interested in commercial real estate lending and working long hours to keep existing custom ...
-
Financial Data Analyst
2 weeks ago
Golub Capital Chicago, United StatesDepartment OverviewThe Middle Market Lending Team provides senior, one-stop and second lien loans to U.S. middle market companies. The team structures financing solutions with hold positions of up to $700 million. We also underwrite and syndicate senior credit facilities and a pr ...
-
Loan Syndications Sales
4 days ago
VCA Chicago, United States Full timeWe're building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what's right for our clients. · At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what ...
Associate, Asset Based Lending Portfolio and Underwriting - Chicago, United States - BMO Financial Group
Description
Position responsibilities primarily include (i) screening prospects for credit worthiness for booking an Asset Based secured loan, (2) managing a small portfolio of asset based borrowers, starting with more deal participations and advancing over time to more challenging borrower structures, and (3) working within a team environment underwriting new Asset Based transactions, which includes modeling/ financial skills, analyzing a borrowers past performance and be able to make assumptions on future performance, writing skills and attention to detail in understanding and documenting with a credit memo a borrowers business profile, competitive dynamics, and a business risks and mitigants.
Maintains and promotes a client service environment to satisfy and exceed customer needs and expectations. This role will assist making credit decisions and recommendations in accordance with sound credit-granting principles and in compliance with Bank Policies & Procedures.
+ Recommends credit according to sound credit-granting principles.
+ Evaluates clients ability to repay loans and consults on loan structure and collateral.
+ Identifies trends in client activities which may be predictive of deteriorating credit quality.
+ Performs periodic reviews of credit where more frequent monitoring may be appropriate.
+ Grants loan requests within specified limits, using understanding of credit scoring and risk management concepts.
+ Monitors covenants of clients within assigned portfolio to identify deteriorating credit conditions and compliance with loan agreement.
+ Provides accurate financial analysis and risk assessment of new and existing customers.
+ Partners with internal stakeholders for accurate, detailed client information.
+ Develops credit information to make lending decisions on new, renewal and extension loans.
+ Assists in negotiations of terms and conditions of all decisions made via phone and e-mail interaction with clients.
+ Prepares summary, present facts and offer opinions concerning credit worthiness.
+ Minimizes BMOs risk exposure by adhering to internal credit policies and procedures with respect to lending decisions.
+ Builds effective relationships with internal/external stakeholders.
+ May participate in on-site client visits with other internal stakeholders.
+ Maintains and promotes a customer service environment which meets and exceeds customer needs and expectations.
+ Focus is primarily on business/group within BMO; may have broader, enterprise-wide focus.
+ Exercises judgment to identify, diagnose, and solve problems within given rules.
+ Works independently on a range of complex tasks, which may include unique situations.
+ Broader work or accountabilities may be assigned as needed.
Facilitates decisioning and analysis of all types of credit information to support lending decisions and processes for the bank. Maintains and promotes a client service environment to satisfy and exceed customer needs and expectations. This role will make credit decisions and recommendations in accordance with sound credit-granting principles and in compliance with Bank Policies & Procedures.
?
**Qualifications:**
+ Typically between 3 - 5 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
+ Technical proficiency gained through education and/or business experience.
+ Verbal & written communication skills - In-depth.
+ Collaboration & team skills - In-depth.
+ Analytical and problem solving skills - In-depth.
+ Influence skills - In-depth.
+ Data driven decision making - In-depth.
**Compensation and Benefits:**
$67, $124,800.00
**Pay Type:**
Salaried
The above represents BMO Financial Groups 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 Groups expected target for the first year in this position.
BMO Financial Groups 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:
**Were 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. Well 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, well 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 others 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.
Associate, Asset Based Lending Portfolio and Underwriting professionals in Chicago
-
Alexandro Rodrigues de Lima
Nodal Networking Systems Operator & Maintainer
-
Ewa Opolski
Claims adjuster