BMO Financial Group Corporate Banking Associate - Metals and Mining in Toronto, Ontario
100 King Street West
Job Family Group:
Capital Mrkts Sales & Service
Associate - Corporate Banking
Corporate Banking is an integral part of BMO Capital Markets’ Investment and Corporate Banking group which offers corporate, institutional and government clients a complete range of financial services, including lending, equity and debt capital raising, structured finance, M&A, treasury and market risk management services, research and institutional investing.
Corporate Banking is responsible for the marketing, management and monitoring of the Bank's corporate loan portfolio, and also supports the credit requirements and cross selling efforts for other businesses including derivatives, foreign exchange, cash management, and trade finance.
The successful applicant will assist the Relationship Manager in managing and growing a loan portfolio consisting of global metals and mining companies. The individual will support the origination and structuring of corporate lending transactions, and coordinate with other product partners as an integral part of a larger coverage team that maintains strong client relationships. This will include cross selling a myriad of Corporate Banking products (e.g. FX / treasury products, cash management & corporate cards, commodities, investment management, securitization, leasing, trade finance products, etc.) to BMO Capital Markets’ clients.
Financial analysis, including building financial models and/or reviewing company-created financial models and performing debt-sizing analysis and downside sensitivities.
Processing client requests (e.g. new credit facilities and extensions and/or amendments to existing credit facilities).
Completing annual / interim credit reviews. Credit reviews include industry and financial analysis comprising of: operating performance, cash flow, leverage, coverage and liquidity, as well as capital-at-risk and other regulatory capital calculations.
Preparing presentation materials, financing proposals, and relationship profitability assessments, which involve liaising with other product and industry groups within BMO Capital Markets.
Reviewing and assisting in preparation of credit documentation (i.e. including applications, memoranda, presentations, credit agreements etc.) for internal and external stakeholders.
Performing other duties including industry and company-specific research, due diligence, as well as ad hoc projects.
Skills and Experience Requirements:
An undergraduate degree in business/accounting/finance.
MBA or CFA preferred.
At least 2 years previous corporate/investment banking or credit risk management experience.
Experience in the metals and mining sector preferred.
Strong financial analysis and modeling skills ideally with some form of relevant work experience.
Knowledgeable in the principles of finance and the capital markets.
Strong interest in finance and banking.
Proficient in Word/Excel/PowerPoint.
Effective written and verbal communication skills essential.
Detail oriented and takes initiative.
Highly motivated, fast learning and able to work with limited supervision and adapt to frequent market, systems, and process changes.
Outgoing and personable; team player able to work effectively in small groups.
Comfortable working in a fast-paced environment.
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/ca/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. 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 Group Serving 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.