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BMO Financial Group Director, Portfolio Manager, Corporate Banking-Insurance in Chicago, Illinois


100 King Street West

Job Family Group:

Capital Mrkts Sales & Service


The Portfolio Manager will conduct and oversee continuous monitoring of the CB Insurance portfolio and its performance in a proactive manner. As part of an ongoing team approach to best serve and manage the portfolio, the Portfolio Manager will work closely with internal partners, including the Corporate Banking team, Credit Officers, Global Markets, Investment Banking, Syndications and other support teams. Primary responsibilities include overseeing/preparing credit reviews, internal requests, AML/KYC due diligence, compliance monitoring and other requirements.

The Corporate Banking Insurance team, which is part of the Global Financial Institutions Group, supports the origination and structuring of corporate lending transactions, and coordinates with other product teams as an integral part of a larger coverage team that maintains strong client relationships. The Corporate Banking team is responsible for completing credit due diligence in establishing and maintaining credit lines that are needed to facilitate Lending, Trade Finance, Cash Management and Trading transactions for Canadian Insurance clients.


  • Prepare/oversee concise credit analysis and monitor exposure across different counterparties, products and jurisdictions

  • Oversee onboarding of new clients and products as well as AML/KYC processing, completing due diligence reviews, and obtaining any pending required documentation of existing clients

  • Reviewing and monitoring covenants, triggers and changes in risk profiles of counterparties

  • Support Corporate Banking team and liaise with Credit, Global Markets, Investment Banking, Syndications and other support teams as required on portfolio management needs for the business.

  • Adherence to the Commercial Lending Process as well as other bank policies and procedures and standards.

  • Recommending appropriate courses of action.

  • Performing additional duties as assigned.


  • Graduate degree in Finance, or Chartered Account or MBA or at least 4-6 years bank credit and analysis experience.

  • Credit analysis experience and understanding of counterparties and investment products.

  • Good knowledge of lending and portfolio management parameters and objectives.

  • Excellent verbal presentation and written communication skills.

  • Strong credit culture, knowledgeable of credit products.

  • Good knowledge of trading products, market risk concepts, and trading products documentation (ISDA/CSA, GMRA, etc.).

  • Good knowledge of, and experience with, Corporate Policies/Standards, Commercial Lending Process and Directives, the Bank’s credit culture and procedures, and general banking practices and regulations.

  • Successful completion of bank credit/lending program, internal or external, is preferred.

  • Strong computer literacy.

  • Strong ability to attentively review, assess, and provide detailed information daily on multiple projects in an organized manner.

  • Flexible, quick learner, self motivated and comfortable working in a fast paced environment.

  • Knowledge of and/or experience with loan workouts, management of problem accounts, structured finance and securitization.

  • Must possess the ability to communicate in a professional and knowledgeable manner with internal partners

  • Takes initiative to understand others; gets the cooperation of peers, colleagues; develops and maintains a broad network of relationships within the Bank.

We’re here to help

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power 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. 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.

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BMO 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. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

BMO Financial GroupServing customers for 200 years and counting, BMO is a highly diversified financial services provider – the 8th largest bank, by assets, in North America. With total assets of $728 billion as of October 31, 2018, and a team of diverse and highly engaged employees, BMO provides a broad range of personal and commercial banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, BMO Wealth Management and BMO Capital Markets.We serve Canadian clients through BMO Bank of Montreal®, our personal and commercial banking business, BMO Nesbitt Burns®*, one of Canada's leading wealth management firms, and BMO Capital Markets™, our North American investment and corporate banking division.In the United States, clients are served through BMO Harris Bank, a major U.S. Midwest personal and commercial bank, and BMO Private Bank, with wealth management offices across the United States, as well as BMO Capital Markets™, our North American investment and corporate banking division.We help our customers make money make sense by delivering the broadest range of financial services through a single point of contact. Our financial service professionals provide access to any services our customers require across the entire enterprise.