BMO Financial Group Corporate Banking Associate – Food, Consumer, & Retail in Chicago, Illinois
The Associate is responsible for structuring and underwriting new client credit and capital markets opportunities and performing financial modeling and analysis for highly complex deals. The Associate will conduct continuous monitoring of multiple client exposures and their performance in a proactive and independent manner. As part of an ongoing team approach to best serve and manage client portfolios, the Associate will be accountable for identifying and recommending related ancillary investment and corporate banking products to clients. Associates gain increasing scope of ownership of relationships and are expected to initiate revenue generation activities by their third year in this capacity.
This position will support Investment and Corporate Banking efforts in the Food, Consumer & Retail sectors.
This is an exceptionally strong growth opportunity.
KEY AREAS OF ACCOUNTABILITY
A.Client Relationship Management - 20
B.Capital and Credit Risk Analysis - 30
C.Financial Modeling and Analysis - 30
D.Partnership Efforts - 20
A. Client Relationship Management
Prepare capital structure and complete underwriting of new credit and capital markets opportunities.
Supports relationship team in identifying new areas of investment/ banking opportunities to diversify client portfolios and increase potential revenue generation.
Monitor client, client industry and regulatory agencies for potential changes which may affect client’s portfolio and business needs.
Create pitch books for clients with respect to financial solutions and participate in their presentation to clients.
Prepare concise credit analysis and other correspondence for use in managing client financial standing and goals.
Support or directly manage a diverse portfolio of private and public companies.
Perform activities in line with Associate role and business initiatives that will increase knowledge and experience and work toward gaining increased scope of ownership of relationships.
B. Capital and Credit Risk Analysis
Conduct analysis of client capital and credit risk.
Review and continually monitor performance of existing accounts and client relationships.
Conduct due diligence that includes on-site client visits, analysis of business models, and comprehensive review of industry trends and related regulations.
C. Financial Modeling and Analysis
Create financial models for use in analyzing prospective lending opportunities.
Utilize financial analysis to proactively identify opportunities to cross-sell.
Generate updated financial models/ analyses as business needs and industry requirements dictate.
Initiate contact with partnered Investment Banking Group areas for new client sales.
Participate in deal teams to develop, present and win mandates for new opportunities.
Partner with Relationship Management staff for accurate, detailed client information.
Coach and mentor individuals in the Analyst role.
Prior exposure to the Food, Consumer & Retail sectors preferred.
An undergraduate degree in finance, economics, or accounting.
MBA degree preferred.
3 years of corporate banking experience as an Analyst in a corporate lending environment.
Knowledge of capital markets, investment banking products and applicable regulations.
Credit analysis experience/ understanding.
Good knowledge of the organizational lending and portfolio management policies and objectives.
Typically individuals continue in an Associate capacity between 3-5 years with growing responsibility.
Exceptional skills in quantitative analytics, financial modeling and credit analysis skills.
Highly developed written and oral communication skills.
Expertise in financial computer applications and database management tools including MS Excel. Strong proficiency in other Microsoft Office products and the Internet.
Strong interpersonal skills used within a demanding team environment and in client interaction.
Ability to work under limited supervision.
Ability to learn and adapt quickly.
Ability to review, assess and provide detailed information daily.
Excellent capability to independently and proactively service multiple clients.
We’re here to help
At BMO Harris Bank we have a shared purpose; we put the customer at the center of everything we do – helping people is in our DNA. For 200 years we have thought about the future—the future of our customers, our communities and our people. We help our customers and our communities by working together, innovating and pushing boundaries to bring them our very best every day. Together we’re changing the way people think about a bank.
As a member of the BMO Harris Bank team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset.
To find out more visit us at https://bmoharriscareers.com .
BMO Harris Bank is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. BMO Harris Bank N.A. is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.