Associate Director/Director, Private Markets Credit

BMO Insurance; Toronto; Sur place; CAD 80 000 - 175 000; Plein temps

Avantages offerts par ce poste

Health insurance

Tuition reimbursement

Accident and life insurance

Retirement savings plans

Résumé du poste

BMO Financial Group is seeking an Associate Director, Private Markets Credit in Canada. The role focuses on sourcing, underwriting, execution, and ongoing monitoring of private market credit investments, with emphasis on investment-grade and crossover private placements across industries.

The position requires strong credit analysis, financial modeling, and risk management, with collaboration across risk, legal, and portfolio management teams.

Qualifications

• Minimum 10 years of experience in private placements, private credit, or related credit investing roles.
• Demonstrated underwriting and execution of complex credit transactions across sectors and jurisdictions.
• Strong financial statement analysis, underwriting, modeling, covenant analysis, and structuring capabilities.

Responsabilités

• Source, evaluate, underwrite, and execute private market credit investments, incl. private placements across industries.
• Conduct detailed credit analysis, financial modeling, due diligence, covenant analysis, and risk-return assessments.
• Evaluate structures, pricing, tenor, collateral, guarantees, and covenants; prepare memoranda and approval packages.
• Support Delegated Lending Authority (DLA) in accordance with policies and governance.
• Monitor portfolio performance via surveillance, reviews, and risk ratings.
• Identify emerging risks and mitigation strategies; collaborate with risk, legal, finance, and operations.

Connaissances

Credit underwriting

Financial modeling

Covenant analysis

Credit analysis

Transaction structuring

Portfolio management

Stakeholder management

Communication

Formation

CFA/CPA/MBA asset

Description du poste

The Associate Director, Private Markets Credit is responsible for the sourcing, underwriting, execution, and ongoing monitoring of private market credit investments, with a primary focus on investment-grade and crossover private placements. The role also supports commercial lending, infrastructure debt, project finance, structured investments, and other private credit opportunities. The successful candidate will provide independent credit analysis and recommendations while ensuring alignment with approved investment objectives, risk appetite, governance frameworks, and regulatory requirements.

The Associate Director, Private Markets Credit is responsible for the sourcing, underwriting, execution, and ongoing monitoring of private market credit investments, with a primary focus on investment-grade and crossover private placements. The role also supports commercial lending, infrastructure debt, project finance, structured investments, and other private credit opportunities. The successful candidate will provide independent credit analysis and recommendations while ensuring alignment with approved investment objectives, risk appetite, governance frameworks, and regulatory requirements.

Key Responsibilities

• Source, evaluate, underwrite, and execute private market credit investments, with a primary focus on private placements across a broad range of industries and sectors.
• Conduct detailed credit analysis, financial modeling, due diligence, covenant analysis, and risk-return assessments for new and existing investments.
• Evaluate transaction structures, pricing, tenor, collateral, guarantees, covenant packages, and other credit risk mitigants.
• Prepare investment memoranda, credit approval packages, portfolio reviews, and committee materials, and present recommendations to appropriate governance forums.
• Support or exercise Delegated Lending Authority (DLA), where authorized, in accordance with applicable approval authorities, credit policies, governance frameworks, and risk appetite.
• Monitor borrower and portfolio performance through ongoing credit surveillance, annual reviews, covenant compliance, risk rating assessments, and sector analysis.
• Identify emerging risks, credit deterioration, concentration concerns, and policy exceptions, and recommend appropriate mitigation strategies.
• Evaluate commercial lending, infrastructure debt, project finance, and other private credit opportunities as part of the broader private markets portfolio.
• Collaborate with portfolio management, risk, legal, finance, operations, and external market participants to support transaction execution and portfolio management.
• Maintain effective relationships with issuers, placement agents, sponsors, lenders, advisors, and internal stakeholders.

Qualifications

• Minimum 10 years of experience in private placements, private credit, commercial lending, corporate banking, institutional asset management, or a related credit investing role.
• Demonstrated experience underwriting and executing complex credit transactions across multiple sectors and jurisdictions.
• Strong expertise in financial statement analysis, credit underwriting, financial modeling, covenant analysis, and transaction structuring.
• Experience with private placements, commercial lending, infrastructure debt, project finance, and other alternative credit investments.
• Strong written and verbal communication, analytical, stakeholder management, and decision-making skills.
• CFA, CPA, MBA, or other relevant professional designation is considered an asset.

Salary

$80,000.00 - $175,000.00

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

Pay Type

Salaried

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.