Commercial Banking Mortgage Analyst

About the role

The Commercial Banking Mortgage Analyst will manage a commercial client portfolio within the Dealership Finance – Auto Industry segment. The portfolio consists of 10–15 clients with total commercial credit exposure exceeding $500 million. The analyst provides credit recommendations aligned with bank policies and risk management standards while maintaining a strong client service environment.

Responsibilities

• Perform Income Statement, Balance Sheet, and Cash Flow analysis, including cash flow/debt service coverage and operating leverage analysis.
• Spread financials and support underwriting processes with detailed financial insights.
• Utilize the bank’s proprietary risk model to assess borrower default and repayment risk.
• Apply the bank’s proprietary return model to evaluate client return on allocated capital.
• Track monthly financial statements, covenant compliance certificates, and borrowing base reports.
• Perform periodic covenant compliance testing and complete annual reviews to assess financial performance and covenant adherence.
• Collaborate with the deal team to prepare underwriting for new business opportunities.
• Structure and support renewals, amendments, and loan requests aligned with client needs and bank/risk policies.
• Minimize risk exposure by adhering to credit policies, regulatory standards, and operational guidelines.

Requirements

• Bachelor’s degree in Accounting, Finance, Economics, or Business Administration.
• Completion of a Commercial Credit Underwriting Program.
• Minimum 2 to 3 years of relevant Commercial Credit Underwriting experience within a commercial banking environment.

Preferred Qualifications

• MBA in Accounting, Finance, Economics, Business Administration, Financial Analysis, or Commercial Banking.
• Experience within Dealer Finance commercial lending.

Skills

• High proficiency in Microsoft Excel.

Pay

Salary range: $69,000.00 - $127,800.00 (salaried). Salaries vary based on factors such as location, skills, experience, education, and qualifications. For commission roles, the listed salary represents BMO Financial Group’s expected target for the first year. Part-time salaries are pro-rated based on hours worked. Total compensation may include performance-based incentives, discretionary bonuses, and other perks.

Benefits

• Health insurance
• Tuition reimbursement
• Accident and life insurance
• Retirement savings plans
• Performance-based incentives and discretionary bonuses
• Other perks and rewards

About Us

At BMO, we are driven by a shared Purpose: Boldly Grow the Good in business and life. We create lasting, positive change for our customers, communities, and people. As a member of the BMO team, you are valued, respected, and heard, with opportunities to grow and make an impact from day one. We provide tools and resources such as in-depth training, coaching, manager support, and network-building opportunities to help you broaden your skillset.