Associate, Corporate Banking

About the role

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.

Job Description

• 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 and extension of existing commitments.
• Collaborate with colleagues on different teams (Leveraged Finance, Investment Banking Industry Coverage, Ancillary Product groups) in the preparation of materials and diligence needed to evaluate credit hold risk and underwriting risk at Credit Committee.
• Address questions from the Investment Committee and Credit team to support new transactions.
• 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.
• 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.
• Aid in the preparation of pitch materials for client meetings and cross-sell of corporate banking products.
• 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.
• 3 - 4 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 independently function as part of a team through self-motivation.

Pay

The salary range for this role is $115,000 up to $130,000 USD (subject to the candidate meeting the specific skills, experience, education, and qualification requirements). Salary: Pay Type: Salaried.

Benefits

BMO offers a comprehensive benefits package including 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.

Contact Information

To learn more about BMO, visit us at https://jobs.bmo.com/us/en. To apply for this role, please send your resume to BMOCareers.Support@bmo.com.