VP, Portfolio Manager Commercial Banking Dealer Finance
About the role
Analyzes credit information to support lending decisions and processes for new and existing Dealer Finance commercial banking loans and credit solutions in an assigned portfolio of clients. Makes credit decisions and recommendations in compliance with bank policies and procedures while maintaining an exceptional client service environment. Negotiates loan structures and terms and conditions that align client requirements with the bank risk appetite and policies.
Responsibilities
- Affirms client repayment capacity by utilizing financial models and analytical tools to recommend appropriate loan structures and collateral requirements.
- Signs off on new, renewal and extension loans within delegated authority.
- Maintains an ongoing monitoring of portfolio to identify deteriorating credit conditions and compliance, analyses metrics, and assesses broader industry trends to spot risks and opportunities.
- Evaluates portfolio performance and recommends capital allocation strategies that optimize returns with investment objectives.
- Develops and executes business development plans focused on enhancing client relationships and growth opportunities within the portfolio.
- Structures and supports new, renewal and extension loans aligned with client needs and bank & risk policies.
- Conducts financial analysis and risk assessments of clients’ credit information, for an assigned portfolio, to provide insights and make informed decisions.
- Maintains portfolio performance for assigned portfolio of Commercial Banking clients on an ongoing basis, taking corrective action when required. Minimizes BMO’s risk exposure by adhering to credit policies, regulatory standards, and operational guidelines.
- Serves as a point of contact for service requests, ensuring expectations are consistently met or exceeded. Escalates issues when needed.
- Supports and implements initiatives to enhance service quality, acquire new business and expand client relationships.
- Identifies revenue and cross-selling opportunities to enhance portfolio growth.
- Identifies share of wallet opportunities.
- Leverages analysis tools to nurture and grow a portfolio that exceeds ROE thresholds and evaluates client returns on a proactive basis.
- Manages timely and accurate data entry into BMO's systems and leverages the data to support decision-making.
Requirements
Preferred 5 – 7 years of relevant experience in credit or lending instruments or financial operations in a corporate or banking environment. If a Credit Qualifiable job, 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. Foundational level of proficiency: Structuring Deals Advanced level of proficiency: Problem Solving Collaboration Detail-Oriented Customer Service Loan Structuring Regulatory Compliance Portfolio Management Credit Risk Assessment Banking Operations Microsoft Office
Qualifications
- Any other related discipline or commensurate work experience considered.
- Bachelor’s degree required; Business Administration, Finance and Accounting preferred.
- Deep knowledge and technical proficiency gained through extensive education and business experience.
- Foundational level of proficiency: Structuring Deals Advanced level of proficiency: Problem Solving Collaboration Detail-Oriented Customer Service Loan Structuring Regulatory Compliance Portfolio Management Credit Risk Assessment Banking Operations Microsoft Office
Skills
- Financial analysis
- Regulatory Compliance
- Portfolio Management
- Loan Structuring
- Collaboration
- Detail-Oriented
- Customer Service
- Problem Solving
Benefits
Salary: $88,800.00 - $165,600.00 Pay Type: Salaried
Pay
$88,800.00 - $165,600.00
Schedule
N/A
Qualifications
Preferred 5 – 7 years of relevant experience in credit or lending instruments or financial operations in a corporate or banking environment. If a Credit Qualifiable job, 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. Foundational level of proficiency: Structuring Deals Advanced level of proficiency: Problem Solving Collaboration Detail-Oriented Customer Service Loan Structuring Regulatory Compliance Portfolio Management Credit Risk Assessment Banking Operations Microsoft Office
Contact Us
To learn more about BMO Financial Group, visit our website at https://jobs.bmo.com/us/en. For questions regarding the application process, please email BMOCareers.Support@bmo.com.