Commercial Banking Mortgage Analyst

About the role

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.

Analyze financial and credit information to support lending decisions for new and existing commercial banking relationships. Provide 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.
• 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

$54,000.00 - $99,600.00 (salaried). Salaries vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. For commission roles, the salary listed represents BMO Financial Group’s expected target for the first year in this position.

Benefits

• Performance-based incentives and discretionary bonuses.
• Health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans.

For more details, visit BMO Total Rewards.