Analyst, Global Markets Corporate Banking

BMO Capital Markets; Toronto; On-site; CAD 86,000 - 105,000; Full time

Benefits offered by this job

Health insurance

Tuition reimbursement

Life insurance

Retirement savings plan

Job summary

BMO Capital Markets is seeking an Analyst to support Global Markets Corporate Banking Securitization, underwriting securitization deals across asset classes for U.S. and Canadian clients. You will perform credit analysis, due diligence, and capital estimations while assisting portfolio management and deal teams.

The role emphasizes financial modeling, risk assessment, and strong communication. Located in Canada, you will collaborate with multiple lines of business and adhere to BMO policies and

Qualifications

• 0–3 years of credit, structured finance or related analytical experience.
• Knowledge of capital markets and regulatory environment.
• Experience with financial statement analysis and cash flow modeling.
• Proficient in MS Excel; familiarity with Moody’s, Capital IQ and Bloomberg.
• Excellent written and oral communication skills; strong interpersonal abilities.

Responsibilities

• Prepare concise credit applications and memoranda for new and existing transactions for Credit review.
• Conduct credit risk analysis of securitization transactions using servicer reports, cash flow models, financials and legal docs.
• Determine estimated capital for securitization transactions using bank models.
• Perform due diligence including on-site visits and calls; analyze business models and industry trends.
• Assess transaction structures to mitigate weaknesses and ensure conformance with terms.
• Research financial and operating information on companies and industries.
• Assist in managing a diverse portfolio; prepare annual credit reviews and monitor performance.
• Support deal teams on structuring and documentation for securitization; monitor exposure across clients.
• AML/KYC processing and gathering required documentation.

Skills

Analytical skills

Written & oral communication

Team collaboration

Detail-oriented

Self-starter

Education

Undergraduate degree in finance/economics/accounting

Tools

MS Excel

Bloomberg

Capital IQ

Moody’s

Job description

BMO Capital Markets is a leading, full-service financial services provider. We offer corporate and investment banking, treasury management, as well as research and advisory services to clients around the world. #bmocapitalmarkets

The Analyst will be part of the Global Markets Corporate Banking Securitization team, which is responsible for underwriting and account management of securitization and other structured finance transactions across a wide variety of asset classes, including (but not limited to) automobile loans and leases, equipment loans, student loans, credit cards, consumer installment loans, residential mortgage-backed securities, commercial mortgage-backed securities, and leveraged loans for U.S. and Canadian clients. The Analyst will support Account Management by providing due diligence and credit analysis on current and prospective clients and by making approval recommendations regarding deal structures and exposure amounts. The Analyst will also support a range of other portfolio management responsibilities.

Credit Risk and Financial Analyses

• Prepare concise, accurate and well-reasoned written credit applications and memoranda for both new and existing transactions for presentation to Credit.
• Conduct credit risk analysis of securitization transactions using all available sources of information including, but not limited to servicer reports, cash flow models, financial statements, servicer audits, legal documentation, etc.
• Determine estimated capital for current and prospective securitization transactions using the bank’s capital models.
• Conduct due diligence that includes on-site client visits and conference calls, analysis of business models, and comprehensive review of industry trends and related regulations.
• Analyze transactions for structural strengths and weaknesses and structure appropriately to mitigate weaknesses.
• Research and analyze financial and operating information relating to companies and industries.
• Assess financial soundness of counterparties and underlying securitization assets including appropriate debt levels, debt service, historic financial performance and repayment capabilities.
• Perform financial statement analysis including completion of spreading software (MRA).
• Review documentation for conformity with approved Credit terms and conditions.
• Keep abreast of industry trends and regulatory developments.

Portfolio Management Support

• Assist Account Managers in managing a diverse portfolio of accounts, including preparing concise credit reviews (as needed, at least annually) within required timeframes and continuously monitoring transaction performance and the financial performance of clients and their respective industries.
• Provide analytical findings to Account Management team including input on credit risks and related mitigants.
• Maintain current financial performance information on clients and securitization transactions in order to perform timely annual reviews, financial covenants, and internal trigger monitoring.
• Assist Account Managers in development of presentations or ad-hoc portfolio updates for relevant credit partners.
• Support Account Managers with portfolio management needs for the business.
• Participate in decision-making with clients and internal product group partners.
• Expert knowledge of Bank policies and standards to ensure portfolio adheres to BMO’s policies and procedures, especially as they pertain to the securitization product.
• Review and negotiation of legal documentation.
• Monitor exposure across different BMO clients and products.
• Assist in AML/KYC processing and obtain any pending required documentation.

Partnership Efforts

• Liaise with Global Markets areas and with various lines of business and operational areas of the Bank as required.
• Support Global Markets areas on portfolio management needs and growth initiatives of the business.
• Participate in deal teams to negotiate structure and documentation for securitization transactions.
• Assist in updating Financing Guidelines.
• Participate in projects as required.

Qualifications

• An undergraduate degree with outstanding academic achievement. Specific academic coursework in finance, economics, or accounting.
• 0–3 years of relevant experience (e.g., credit, structured finance, capital markets, or related analytical roles); formal credit training preferred.
• Analysts typically remain in this role for 1–3 years before advancing to the next level.
• Credit analysis experience and understanding are preferred; Global Markets–specific training will be provided.
• Knowledge of capital markets, investment banking products and applicable regulations.
• Knowledge of organizational lending and portfolio management policies and objectives.
• Excellent analytical skills to include business, financial, and credit analysis areas.
• Highly developed written and oral communication skills.
• Strong interpersonal skills used within a collaborative and demanding team environment.
• Expertise in financial computer applications and database management tools including MS Excel, Moody’s, Capital IQ and Bloomberg.
• Strong proficiency in other Microsoft Office products including MS Word and PowerPoint.
• Self-starter with keen attention to detail and ability to work under limited supervision.
• Ability to be creative, insightful, and resourceful in performance of duties.
• Strong ability to attentively review, assess, and provide detailed information daily on multiple projects in an organized manner.
• Excellent capability to independently function as part of a team through self-motivation.
• Proficiency in building cash flow and other financial models is beneficial.

Please note the base salary for this role is $95,000 CAD.

Salary:

Salaried

The above represents BMO Financial Group’s pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.

BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards

About Us

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.