Global Markets Securitization Associate

BMO; Toronto; On-site; CAD 115,000 - 130,000; Full time

Benefits offered by this job

Health insurance

Tuition reimbursement

Accident and life insurance

Retirement savings plans

Job summary

BMO Capital Markets is seeking an Associate to join the Global Markets Corporate Banking Securitization team in Toronto. You will independently execute core credit underwriting, portfolio management activities, and support transaction execution, while partnering with Account Managers, Credit, and product partners.

The role involves credit risk analysis of securitization transactions, preparing concise credit memos, and staying current with market trends and regulations.

Qualifications

• Undergraduate degree with strong academic achievement; coursework in finance, economics, accounting, mathematics, or a related discipline is preferred.
• Typically 3 to 6 years of relevant experience in credit, structured finance, securitization, corporate banking, capital markets, or a related analytical role.
• Formal credit training and demonstrated experience preparing credit applications, conducting financial analysis, and assessing transaction structures are strongly preferred.
• Working knowledge of securitization or structured finance concepts, including collateral performance, cash flow waterfalls, credit enhancement, covenants, triggers, counterparty risk, and legal structure.
• Knowledge of capital markets and corporate and investment banking products, applicable regulations, and organizational lending and portfolio management policies.

Responsibilities

• Prepare concise, accurate, and well-reasoned credit applications and memoranda for new and existing transactions, with limited supervision, for presentation to Credit.
• Lead credit risk analysis of securitization transactions using servicer reports, cash flow models, financial statements, servicer audits, legal documentation, and third-party research.
• Develop and clearly articulate approval recommendations regarding transaction structure, exposure, risk rating, capital, and key mitigants.
• Maintain current knowledge of securitization markets, relevant accounting and regulatory developments, Bank policies, and emerging credit risks.

Job description

BMO Capital Markets is seeking an Associate to join the Global Markets Corporate Banking Securitization team in Toronto. You will independently execute core credit underwriting, portfolio management activities, and support transaction execution, while partnering with Account Managers, Credit, and product partners.

The role involves credit risk analysis of securitization transactions, preparing concise credit memos, and staying current with market trends and regulations.