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 7-12 years of relevant experience in credit or lending instruments or financial operations, with a bachelor’s degree in Business Administration, Finance, Accounting, or a related field. Key responsibilities include analyzing credit information and financial performance, structuring and negotiating loan terms, monitoring portfolio performance, and building strong client relationships.

Responsibilities

• Analyze credit information and financial performance to support lending decisions
• Structure and negotiate loan terms, aligning client needs with bank risk appetite, credit policies, and regulatory standards
• Assess repayment capacity through detailed financial modeling 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
• Deep knowledge and technical proficiency gained through extensive education and business experience

Benefits

Attractive salary range of $88,800.00 - $165,600.00, with a competitive total compensation package including performance-based incentives, discretionary bonuses, and various perks and rewards. BMO offers comprehensive benefits, including health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. Visit this link for more details.

Pay

Salaried

Schedule

Full-time

Benefits

Health insurance, tuition reimbursement, accident and life insurance, retirement savings plans, and other perks and rewards are available.

Contact

To apply, please send your resume to BMOCareers.Support@bmo.com. Note to recruiters: Unsolicited resumes sent to BMO will be considered BMO property.