Corporate Lending Specialist
BMO U.S. · Chicago, IL · 1 mo ago
Finance$55k–$120k/yrFull-time
About the role
Seeking experienced candidates to join our Leveraged Finance Lending Operations Team, in the role of Corporate Lending Closing Specialist for the Investment & Corporate Banking (I&CB) and Leverage Finance Portfolios. This role is primarily accountable to manage highly syndicated loan transactions within LoanIQ and ClearPar, including set up of the deal at closing, managing and executing the primary syndication settlement, maintaining ongoing lender positions, and booking of refinancing's or other corporate actions.
Responsibilities
- Provides loan closing and portfolio monitoring support in a professional and timely manner.
- Facilitates the loan closing process, commitment management and the booking and accounting of the loan portfolio ensuring all required policies, guidelines and standards are met.
- Delivers exceptional customer service by providing responsive, accurate, consistent, knowledgeable services and support.
- Addresses more complex escalated customer requests and transactions or escalates with recommendations.
- Provides advice and guidance to assigned business/group on implementation of solutions.
- Develops solutions and makes recommendations based on an understanding of the business strategy and stakeholder needs.
- Conducts independent analysis and assessment to resolve strategic issues.
- Builds effective relationships with internal/external stakeholders.
- Ensures alignment between stakeholders.
- Breaks down strategic problems, and analyses data and information to provide insights and recommendations.
- Supports change management of varying scope and type; tasks typically focused on execution and sustainment activities.
- Participates in defining the communication plan designed to positively influence or change behaviour; develops tailored messaging; and identifies appropriate distribution channels.
- May act as Team Lead and assist manager in activities such as coordination and scheduling of work, workload management, resource forecasting, quality control, training, coaching team members and problem resolution.
- Provides input into the planning and implementation of operational programs.
- Processes more complex transactions and activities.
- Researches and resolves discrepancies and issues or escalates to manager, as required.
- Completes administrative activities to ensure the smooth operation of the unit; including scanning and filing documents as required.
- Executes routine tasks such as service requests, transactions, queries etc. within relevant service level agreements.
- Identifies business needs, designs/develops tools and training programs; may include delivery of training to audiences.
- Acts as the day to day contact for vendors; supports