AUTHORITIESThe Vice President will be responsible for a diversified portfolio of clients and structured products as it relates to the Capital Markets - Trading Products activities of the Enterprise. This entails account management responsibility, as well as the ongoing independent monitoring of client portfolios and their performance in a proactive manner. In addition, as part of an ongoing team approach, the Vice President will work closely with Trading Products to best serve and manage our existing client relationships as well as grow the portfolio. The Vice President will prepare and review credit packages to make recommendations regarding risk, deal structure, and client requirements by analyzing financial and operating data for trends in financial performance of asset types (e.g. Asset Backed Securities, pre-refunded bonds, Mortgage Backed Securities), companies, and industries.. Credit Risk and Financial Analysis 40%. Client Portfolio Management 35%. Partnership Efforts 25%. Accountabilities Defined. A. Client Risk and Financial Analysis. Prepare concise, accurate and well-reasoned written credit applications and memoranda for both new and existing transactions, for presentation to Credit.. Maintain current financial information on clients in order to perform timely annual reviews and trigger monitoring.. Conduct credit risk analysis of transactions using all available sources of information including, but not limited to financial statements, industry reports, legal documentation, etc.. Analyze transactions for structural strengths and weaknesses and structure appropriately to mitigate weaknesses.. Review legal documentation for conformity with approved Credit terms and conditions.. Ensure approvals and documentation is completed in accordance with BMO's policies and procedures.. Keep abreast of industry trends and regulatory developments.. B. Client Portfolio Management. Manage a diverse portfolio of Trading Product accounts. This includes: i) preparing written concise credit reviews as needed, at least annually, delivering same within required timeframes, and ii) continuous monitoring of transaction performance and financial performance of the underlying client and its respective industry.. Monitor client, industry and regulatory agencies for potential changes which may affect the portfolio and business needs.. Monitor exposure across different BMO entities and products.. Expert knowledge of Bank policies and standards to ensure portfolio adheres to BMO's policies and procedures.. Assist in AML/KYC processing and obtain any pending required documentation. C. Partnership Efforts. Liaise with Trading Products areas, various lines of business, and operational areas of the Bank as required.. Support trading desks on portfolio management needs and growth initiatives of the business.. Assist in updating Financing Guidelines.. Involvement in projects as required.. Coach and mentor individuals in the Analyst / Associate role.. To deliver on these accountabilities, the incumbent must have the following authorities :. Access to client information.. Discretionary Credit Limit as granted according to the BMO Group.. CROSS FUNCTIONAL RELATIONSHIPS. This role requires the incumbent to interact with the following processes and/or groups :. Executive Managing Directors. Managing Directors. Directors. Vice Presidents. Trading Desks. Market Risk. Client Onboarding. Operations. Derivative Legal Group. Collateral Management Group. Clients. Credit. Scope and Impact. This role has direct or indirect impact on the following:. The work product directly impacts the growth initiatives and risk management requirements within the Business Unit, client portfolios and any transaction for which the Vice President is involved. Key measures include but are not limited to the following:. Mitigate credit risk to the institution.. Quality of recommendations and analysis.. Ensure all operational, system, and legal issues are identified, addressed, and concluded.. Adherence to BMO policies and procedures.. procedures.. A. Knowledge. An undergraduate degree in finance, economics, or accounting.. 6-10 years of corporate banking experience in a corporate lending environment; formal credit training preferred.. Knowledge of capital markets, investment banking products and applicable regulations.. Credit analysis experience and understanding.. Good knowledge of organizational lending and portfolio management policies and objectives. B. Skills. Excellent verbal presentation and written communication skills.. Strong interpersonal skills used within a demanding internal environment and in client interaction.. Exceptional skills in quantitative analytics, financial and credit analysis.. Expertise in financial computer applications and database management tools.. Self-starter with keen attention to detail and ability to work under limited supervision.. Ability to learn and adapt quickly.. Ability to be creative, insightful, and resourceful in performance of duties.. Strong ability to attentively review, assess, and provide detailed information on multiple projects in an organized manner.. Excellent capability to independently and proactively service multiple clients.. We're here to help. At BMO Harris Bank we have a shared purpose; we put the customer at the center of everything we do helping people is in our DNA. For 200 years we have thought about the futurethe future of our customers, our communities and our people. We help our customers and our communities by working together, innovating and pushing boundaries to bring them our very best every day. Together we're changing the way people think about a bank.. As a member of the BMO Harris Bank 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 BMO Harris Bank 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 Harris Bank is an Equal Opportunity Employer for all, inclusive of Minorities, Women, Veterans, and Persons with Disabilities. Glassdoor has millions of jobs plus salary information, company reviews, and interview questions from people on the inside making it easy to find a job that's right for you.KEY AREAS OF ACCOUNTABILTY. MBA degree preferred.KNOWLEDGE AND SKILLS Associated topics: bank, banking, corporate banking, cpa, financial services, investment banking, investor, revenue, risk, treasure
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