BMO U.S.

VP, Portfolio Manager

BMO U.S.

full-time

Posted on:

Location Type: Office

Location: Boca Raton • Florida • United States

Visit company website

Explore more

✨ AI Apply
Apply

Salary

💰 $122,400 - $228,000 per year

Job Level

Lead

About the role

  • Analyzes credit information to support lending decisions and processes for new and existing 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.
  • Develops comprehensive credit structures to meet the transactional needs of more complex clients.
  • Signs off on new, renewal and extension loans within delegated authority.
  • Conducts comprehensive portfolio monitoring including covenant compliance to identify deteriorating credit conditions.
  • Conducts performance analysis, engages with clients and assesses industry trends to identify risks and opportunities.
  • Evaluates portfolio performance and recommends capital allocation strategies that optimize returns with investment objectives.
  • Handles escalated client concerns and service requests, ensuring expectations are consistently met or exceeded.
  • Leads complex proposal development and delivers presentations to capture new business and expand client relationships.
  • Engages with industry peers and networks to gather competitive insights and best practices, applying this knowledge to maintain a competitive edge.
  • Builds and maintains client relationships to ensure long-term financial performance in collaboration with Relationship Manager and business partners.
  • 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.
  • Monitors the 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.
  • Operates at a group/enterprise-wide level and serves as a specialist resource to senior leaders and stakeholders.
  • Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to problems that can be complex and non-routine.
  • Implements changes in response to shifting trends.

Requirements

  • Preferred 7+ years of relevant experience in credit or lending instruments or financial operations in a corporate or banking environment.
  • Bachelor’s degree required, Master’s degree preferred; Business Administration, Finance and Accounting preferred.
  • Any other related discipline or commensurate work experience considered.
  • If a Credit Qualifiable job, Credit Qualifications and associated credit knowledge and skills according to the credit portfolio requirements and qualification standards.
  • Seasoned professional with a combination of education, experience and industry knowledge.
  • Intermediate level of proficiency: Structuring Deals, Change Management
  • Advanced level of proficiency: Detail-Oriented, Leadership
  • Expert level of proficiency: Loan Structuring, Regulatory Compliance, Portfolio Management, Credit Risk Assessment, Banking Operations, Financial analysis, Microsoft Office, Problem Solving, Customer Service.
Benefits
  • health insurance
  • tuition reimbursement
  • accident and life insurance
  • retirement savings plans
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
credit analysisloan structuringcredit risk assessmentportfolio managementfinancial analysisregulatory compliancebanking operationsdata entrycapital allocation strategiescovenant compliance
Soft Skills
detail-orientedleadershipproblem solvingcustomer servicenegotiationclient relationship managementchange managementcommunicationservice quality enhancementstrategic thinking
Certifications
Credit Qualifications