Credit Funder

BMO Financial Group; Laval; On-site; CAD 54,000 - 102,000; Full time

Job summary

An established industry player is seeking a dedicated professional to facilitate credit decision-making and enhance customer service. In this dynamic role, you will analyze credit information, identify sales opportunities, and collaborate with internal stakeholders to support strategic initiatives. Your expertise will contribute to assessing loan structures and managing customer relationships. This position offers a chance to make a significant impact while working in an inclusive environment that values collaboration and innovation. Join a team that empowers you to grow and succeed from day one, providing you with the resources and support to achieve your career milestones.

Benefits

Health Insurance

Tuition Reimbursement

Accident and Life Insurance

Retirement Savings Plans

Performance-Based Incentives

Discretionary Bonuses

Qualifications

• 4-6 years of relevant experience with a post-secondary degree or equivalent.
• Strong oral and written communication, analytical and problem-solving skills.

Responsibilities

• Facilitate credit decision-making and maintain customer service standards.
• Identify sales opportunities and assess customers' ability to repay loans.
• Authorize loan requests and monitor customer commitments.

Skills

Communication Skills

Analytical Skills

Problem-Solving Skills

Collaboration Skills

Influencing Skills

Data-Driven Decision-Making

Education

Post-Secondary Degree in Related Field

Job description

Application Deadline:

05/02/2025

Address:

3225 St-Martin Ouest Blvd

Job Family Group:

Commercial Sales & Service

Facilitate decision making and analysis of all types of credit information to support credit related decisions and processes for the Bank. Maintains and promotes a customer service environment to meet and exceed customer needs and expectations. Makes credit decisions and recommendations in accordance with sound credit granting principles and the Bank's standards and procedures.

• Through analysis, identify new sales opportunities for potential and existing corporate clients.
• Participate in customer site visits with other internal stakeholders as required.
• Maintain and promote a customer service environment that meets and exceeds customer needs and expectations.
• Recommend credit in accordance with sound credit granting principles.
• Utilize its unilateral discretionary limits for corporate lending, as well as any prescribed approval limits.
• Support the implementation of strategic initiatives, in collaboration with internal and external stakeholders.
• Assess customers' ability to repay loans and advise on loan structure and collateral.
• Identify trends in customer activity that may predict deterioration in credit quality.
• Conduct periodic credit reviews where more frequent monitoring may be appropriate.
• Understand the typical types of borrowers in the high net worth market and their relationship to collateral ownership, loan repayment, loan structure, etc.
• Authorize loan requests within prescribed limits, based on understanding of credit scoring and risk management concepts.
• Monitor customer commitments within the assigned portfolio to identify deteriorating credit conditions and validate compliance with the loan agreement.
• Provide accurate financial analysis and risk assessment of new and existing customers.
• Work with internal stakeholders to obtain accurate and detailed customer information.
• Develop credit information to make credit decisions on new loans, renewals and extensions.
• Assist in negotiating terms and conditions of all decisions made through telephone and email interactions with customers.
• Prepare summary, present facts and give opinion on creditworthiness.
• Minimize BMO's risk exposure by adhering to internal credit policies and procedures with respect to credit decisions.
• Provide input into the planning and implementation of operational programs.
• Establish effective relationships with internal and external stakeholders.
• Focus primarily on one line of business or operating group within BMO; adopt a broader, enterprise-wide focus where appropriate.
• Use judgement to identify issues, determine causes and resolve issues within established boundaries.
• Work independently on a wide range of complex tasks, which may represent unique situations.
• Broader duties and responsibilities may be assigned as required.

Qualifications:

• Typically four to six years of relevant work experience with a post-secondary degree in a related field, or equivalent combination of education and experience.
• Technical mastery acquired through education or work experience.
• Strong oral and written communication skills.
• Collaboration and teamwork skills - strong competencies.
• Analytical and problem-solving skills - strong competencies.
• Ability to influence - advanced skills.
• Data-driven decision-making skills - enhanced competencies.

Salary: $54,500.00 - $101,500.00

Pay Type: 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 the 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.

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.

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.