Job Information
BMO Financial Group VP, Global Markets Corporate Banking - CMBS in Chicago, Illinois
BMO Capital Markets is a leading, full-service financial services provider. We offer corporate and investment banking, treasury management, as well as research and advisory services to clients around the world. #bmocapitalmarkets
The Global Markets Corporate Banking Vice-President supports the origination and structuring of commercial real estate (CRE) lending transactions intended to be securitized through the commercial mortgage backed securities (CMBS) market. Responsible for underwriting and obtaining credit approval for the commercial real estate lending transactions. Works closely with the CMBS Securitization group and coordinates with other product groups and internal stakeholders as an integral part of a larger coverage team that maintains strong client relationships. Also provides ongoing portfolio management of the CRE warehousing lending portfolio.
Completes due diligence and credit analysis on new and existing client relationships. May include property site & client visits, analysis of cash flow statements, and comprehensive review of industry trends and related regulations.
Operates as key member of the deal team with efforts to maximize sector penetration and returns.
Prepares credit documentation (i.e. including applications, memoranda, presentations, etc.) for internal and external stakeholders.
Obtains credit concurrence for CRE transactions.
Monitors client, client industry and regulatory agencies for potential changes which may affect client’s portfolio and business needs.
Reviews and continually monitors performance of existing accounts and client relationships in portfolio.
Makes decisions based on a strong understanding of risks; effectively evaluates risk-return trade-offs, and proactively takes accountability for risks assumed.
Considers risk, internal controls, financing guidelines and compliance as part of day-to-day accountabilities and adheres to policies and procedures.
Partners with deal team and product specialists for accurate, detailed client information.
Reviews and guides work of Analysts and Associates to deliver business results.
Understands the needs of clients and provides relevant ideas and opinions to generate recommendations.
Collaborates with sector coverage partners to cover clients and prospects and to identify/ deliver creative, timely solutions.
Provides deal structuring and help negotiates transactions.
Identifies and leverages key decision makers and influencers in client / internal organizations.
Acts as a positive change agent to drive improved efficiency and effectiveness.
Identifies and delivers on opportunities to improve the client experience; brings in partners where appropriate.
Maintains awareness of all firm products and services offered and facilitates means of receiving continuous updates.
Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.
Builds effective relationships with internal/external stakeholders.
Ensures alignment between stakeholders.
Works with specialists as needed to support successful deal completion.
Generates updated financial models/ analyses as business needs and industry requirements dictate.
Applies appropriate technical concepts and completes/leads consistent and reliable technical and financial reports/analyses to support client deliverables.
Breaks down strategic problems, and analyses data and information to provide insights and recommendations.
Understand the transactions and related risk (credit, market, operational, legal/compliance, etc.).
Balances the Bank's risk appetite with the client needs in making recommendations/ proposal.
Provides feedback on, and, supports continuous improvement opportunities.
Integrates information from multiple sources to enable more efficient processes, enhanced analysis and/or streamlined reporting.
Focus is primarily on business/group within BMO; may have broader, enterprise-wide focus.
Provides specialized consulting, analytical and technical support.
Exercises judgment to identify, diagnose, and solve problems within given rules.
Works independently and regularly handles non-routine situations
Grows/elevates the BMO and BMO Capital Market brand with a commitment to and presence in the community.
Broader work or accountabilities may be assigned as needed.
Qualifications:
Typically between 5 - 7 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
Undergraduate degree with focal areas of finance, economics, or accounting preferred with high academic achievement.
MBA, CFA or equivalent experience in financial services, accounting, or legal fields.
Minimum of 6 years of relevant experience in corporate and commercial banking, negotiating and structuring financial transactions.
Relevant CRE sector experience is highly desired.
Good knowledge of the organizational lending and portfolio management policies and objectives.
Displays advanced deal execution and/or project management skills - ability to manage more than one client / major initiative.
Ability to create and deliver professional presentations.
Strong analytical skills. Expertise in financial computer applications and database management tools.
Deep knowledge and technical proficiency gained through extensive education and business experience.
Verbal & written communication skills - In-depth.
Collaboration & team skills - In-depth.
Analytical and problem solving skills - In-depth.
Influence skills - In-depth.
Data driven decision making - In-depth.
The base salary for this role located in Chicago, IL is $190,000.00
Salary:
Pay Type:
Salaried
The above represents BMO Financial Group’s pay range and type.
Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.
BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards
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.
To find out more visit us at https://jobs.bmo.com/us/en
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. BMO 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.
Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.