VP, Commercial Banking Portfolio Manager

About the role

BMO is seeking a VP, Commercial Banking Portfolio Manager for positions in Phoenix, AZ or Salt Lake City, UT. The ideal candidate should have extensive experience in credit underwriting, portfolio management, and structuring complex lending solutions for middle-market clients.

Responsibilities

• Analyze credit information and financial performance to support lending decisions across a portfolio of middle-market clients ($50MM–$1B+), including new originations, renewals, and amendments
• Structure and negotiate loan terms, aligning client needs with bank risk appetite, credit policies, and regulatory standards
• Assess repayment capacity through detailed financial modeling (cash flow, leverage, liquidity) and recommend appropriate structures, pricing, and collateral
• Exercise delegated credit authority to approve new, renewal, and extension transactions while ensuring compliance with internal policies and procedures
• Prepare and present credit recommendations, synthesizing financial, industry, and risk insights into clear, actionable approvals
• Proactively monitor portfolio performance, identifying early warning signals, deteriorating trends, and covenant compliance issues; implement corrective actions as needed
• Evaluate industry dynamics and macro trends to identify emerging risks and opportunities within the portfolio
• Optimize portfolio returns by assessing capital allocation and client profitability relative to ROE targets
• Lead development of credit proposals and client presentations to support new business acquisition and deepen existing relationships
• Partner closely with Relationship Managers to drive business development, identify cross-sell opportunities, and increase share of wallet
• Leverage internal data systems and analytics tools to support decision-making and enhance portfolio insights
• Operate independently on complex credits and non-routine situations, applying sound judgment and risk-based thinking aligned with the bank’s risk management framework
• Contribute to strategic initiatives that enhance service quality, portfolio growth, and operational efficiency

Qualifications

• Preferred 7 – 12 years of relevant experience in credit or lending instruments or financial operations in a corporate or banking environment
• Credit qualifications and associated credit knowledge and skills according to the credit portfolio requirements and qualification standards
• Bachelor’s degree required; Business Administration, Finance and Accounting preferred. Any other related discipline or commensurate work experience considered
• Deep knowledge and technical proficiency gained through extensive education and business experience

Pay

$88,800.00 - $165,600.00 Salaried

Schedule

Full-Time

Benefits

BMO offers a comprehensive benefits package including health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. For more information, visit https://jobs.bmo.com/global/en/Total-Rewards.

About Us

BMO Financial Group is committed to Boldly Growing the Good in business and life. We believe in transforming lives and businesses, and powering 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. Visit https://jobs.bmo.com/us/en to learn more about our company.

Equal Employment Opportunity

BMO is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristics. We also consider applicants with criminal histories, consistent with applicable federal, state and local law. BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to BMOCareers.Support@bmo.com and let us know the nature of your request and your contact information.