BMO U.S.

Senior Portfolio Manager - Emerging Middle Market (Pac Rim)

BMO U.S.

full-time

Posted on:

Origin:  • 🇺🇸 United States • California

Visit company website
✨ AI Apply
Manual Apply

Salary

💰 $69,000 - $127,800 per year

Job Level

Senior

About the role

  • Evaluate the risk level of Custom - Pac Rim commercial transactions and make well-informed decisions based on our company's guidelines and standards.
  • The ideal candidate should have extensive knowledge in commercial loans and be able to effectively manage a portfolio.
  • This position is a hybrid role with on-site client visits; Bi-lingual preferred.
  • Evaluates all financial statements (business and personal tax returns, fiscal year-end and interim statements and personal financial statements) for credit worthiness.
  • Identifies recurring and non-recurring income/expenses.
  • Comprehend all schedules, notes, and K-1's.
  • Differentiates between cash and accrual method as well as comprehend UCA cash flow analysis.
  • Consolidates related entities and summarizes results.
  • Identifies credit strengths, weaknesses, industry risks, and anomalies that lead to further investigation.
  • Determines or amends applicable loan agreement covenant and monitoring requirements.
  • Collaborates with Relationship Managers on reasoning for a particular decision, answering potential loan request questions, identifying/resolving potential problem loans.
  • Prepares a comprehensive credit summary in conjunction with the Relationship Managers and Credit Manager to address all material aspect of the request.
  • Supports management of the Relationship Manager portfolio by addressing covenant violations, completing annual review/renewals, and identifying opportunities.
  • Ideal candidate facilitates decisioning and analysis of all types of credit information to support lending decisions and processes for the bank.
  • Maintains and promotes a client service environment to satisfy and exceed customer needs and expectations.
  • Recommends credit according to sound credit-granting principles.
  • Exercises individually held Commercial unilateral discretionary limits and any held prescribed approval discretionary limits.
  • Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.
  • Evaluates clients’ ability to repay loans and consults on loan structure and collateral.
  • Identifies trends in client activities which may be predictive of deteriorating credit quality.
  • Performs periodic reviews of credit where more frequent monitoring may be appropriate.
  • Understands borrower types typical in the high net worth market and their relation to collateral ownership, loan repayment, loan structure, etc.
  • Grants loan requests within specified limits, using understanding of credit scoring and risk management concepts.
  • Monitors covenants of clients within assigned portfolio to identify deteriorating credit conditions and compliance with loan agreement.
  • Provides accurate financial analysis and risk assessment of new and existing customers.
  • Partners with internal stakeholders for accurate, detailed client information.
  • Develops credit information to make lending decisions on new, renewal and extension loans.
  • Assists in negotiations of terms and conditions of all decisions made via phone and e-mail interaction with clients.
  • Prepares summary, present facts and offer opinions concerning credit worthiness.
  • Minimizes BMO’s risk exposure by adhering to internal credit policies and procedures with respect to lending decisions.
  • Provides input into the planning and implementation of operational programs.
  • Builds effective relationships with internal/external stakeholders.
  • Focus is primarily on business/group within BMO; may have broader, enterprise-wide focus.
  • Exercises judgment to identify, diagnose, and solve problems within given rules.
  • Works independently on a range of complex tasks, which may include unique situations.
  • Broader work or accountabilities may be assigned as needed.

Requirements

  • Typically between 4 - 6 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
  • Technical proficiency gained through education and/or 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.
  • Bi-lingual preferred.