The Associate is responsible for structuring and underwriting new client credit and capital markets opportunities and performing financial modeling and analysis for complex lending deals involving asset managers and investment dealers. The Associate will conduct continuous monitoring of multiple client portfolios and their performance in a proactive and independent manner. As part of an ongoing team approach to best serve and manage client portfolios, the Associate will assist in identifying and recommending related ancillary investment and corporate banking products to clients.
Client Relationship Management
Complex lending transaction requires thorough due diligence, credit analysis and may require financial modeling testing efficacy of structure through downside performance.
Opine on capital structure and complete underwriting of new credit and capital markets opportunities.
Supports relationship team in identifying new areas of investment/ banking opportunities to diversify client portfolios and increase potential revenue generation.
Monitor client, client industry and regulatory agencies for potential changes which may affect client's portfolio and business needs.
Create pitch books for clients with respect to financial solutions and participate in their presentation to clients.
Prepare concise credit analysis and other correspondence for use in managing client financial standing and goals.
Support or directly manage a diverse portfolio of loan exposures to primarily financial sponsor portfolio companies.
Manage daily client calls, particularly for the high touch Investment Dealer segment, and provide prompt responses and trouble shooting in relation to urgent client requests (wire payments, temporary credit extensions etc.).
Perform activities in line with Associate role and business initiatives that will increase knowledge and experience and work toward gaining increased scope of ownership of relationships.
Capital and Credit Risk Analysis
Conduct analysis of client capital and credit risk.
Review and continually monitor performance of existing accounts and client relationships.
Conduct annual reviews of client.
Conduct due diligence that includes on-site client visits, analysis of business models, and comprehensive review of industry trends and related regulations.
Financial Modeling and Analysis
Conduct thorough analysis and, where needed, create financial models for use in analyzing prospective lending opportunities.
Utilize financial analysis to proactively identify opportunities to cross-sell.
Generate updated financial models/ analyses as business needs and industry requirements dictate.
Initiate contact with partnered Investment Banking Group areas for new client sales.
Participate in deal teams to develop, present and win mandates for new opportunities.
Partner with Relationship Management staff for accurate, detailed client information.
Partner with product partners to ensure complete client coverage, relationship management and cross-sell.
Coach and mentor individuals in the Analyst role.
An undergraduatedegree in finance, economics, or accounting.
MBA degree preferred.
3 years of corporate banking experience as an Analyst in a corporate lendingenvironment, exposure to leveraged finance / lending preferred.
Knowledge of capital markets, investment banking products and applicableregulations.
Credit analysis experience/ understanding.
Good knowledge of the organizational lending and portfolio managementpolicies and objectives.
Typically individuals continue in an Associate capacity between 3-5 years withgrowing responsibility.
Exceptional skills in quantitative analytics, financial modeling andcredit analysis skills.
Highly developed written and oral communication skills.
Expertise in financial computer applications and database management toolsincluding MS Excel (able to create & work with pivot tables, macros,etc...)
Strong proficiency in other Microsoft Office products and the Internet.
Strong interpersonal skills used within a demanding team environment and inclient interaction.
Ability to work under limited supervision.
Ability to learn and adapt quickly.
Ability to review, assess, and provide detailed information daily.
Excellent capability to independently and proactively service multipleclients.
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 https://bmoharriscareers.com.
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.