Analyst, U.S. Diversified Corporate & Leveraged Banking

BMO U.S.; Chicago (IL); Sur place; USD 105 000 - 115 000; Plein temps

Avantages offerts par ce poste

Health insurance

Tuition reimbursement

Accident and life insurance

Retirement savings plans

Résumé du poste

BMO U.S. is seeking an Analyst to join the U.S. Diversified Corporate & Leveraged Banking group in Chicago.

You will support underwriting, credit approval, and portfolio management for sponsor-backed transactions, building LBO models and performing data-driven analysis of financial performance. You will screen deals, conduct due diligence, prepare committee materials, and collaborate across Leveraged Finance, Industry Coverage, and Sponsor Coverage teams to help manage risk and identify

Qualifications

• Undergraduate degree in finance/economics/accounting with outstanding academics.
• Completion of financial analysis training preferable.

Responsabilités

• Digest data rooms and pull key files for analysis.
• Lead diligence calls with sponsors and management teams.
• Collaborate across Leveraged Finance, Industry Coverage, and Sponsor Coverage for committee materials.
• Create LBO models from sponsor projections for credit memos.
• Use independent thinking to analyze and sensitize financial models and articulate credit rationale.
• Complete risk/return models for new deals.
• Address questions from Investment Committee and Credit team.
• Review borrower financials and monitor performance through quarterly statements and lender calls.
• Prepare concise quarterly credit analyses and annual reviews for borrowers.
• Assess internal risk ratings based on performance and qualitative factors.
• Evaluate opportunities for ancillary products with existing borrowers.

Connaissances

Financial analysis

LBO modeling

Credit analysis

Excel

Communication

Team collaboration

Attention to detail

Formation

Bachelor's degree in Finance/Economics/Accounting

Outils

MS Excel

Description du poste

The salary range for this role is $105,000 up to $115,000 USD (subject to the candidate meeting the specific skills, experience, education, and qualification requirements).

The U.S. Diversified Corporate & Leveraged Banking group underwrites and manages the firm’s private equity backed syndicated loan and direct lending portfolio. The team supports both our product and coverage partners by allocating capital to both revolver and term loan holds in syndicated private equity backed transactions. Leveraged Lending is involved all aspects of an underwriting and manages the credit and corporate banking coverage post deal closing. Leveraged Lending also participates in direct lending transactions and commits capital to the entire capital structures including Unitranche Term Loans, Delayed Draw Term Loans, and 2nd Lien Term Loans.

Job Description

The Analyst will serve as a key member of the deal team in the underwriting, credit approval, and portfolio management of Financial Sponsor backed transactions, supporting the deal team by analyzing financial and operating data for trends in financial performance of companies and industries. The Analyst will be involved in the initial screening of transactions, due diligence, credit approval, and negotiation of legal documentation. The Analyst will help assess BMO’s hold appetite across revolvers and term loans in both syndicated and direct transactions. Experienced Analysts will participate in client pitches to help support cross-selling opportunities for hedging and other traditional corporate banking products.

Key Dimensions

• New Underwritings: 60%
• Portfolio Management: 40%

Primary Function And Responsibilities

New Underwritings

• Digest comprehensive data rooms and use critical thinking to pull out and analyze key files
• Work across groups to compile diligence lists; lead diligence calls with financial sponsors as well as with company management teams
• Collaborate with colleagues on different teams (Leveraged Finance; Industry Coverage; Sponsor Coverage) on materials for committee meetings attended by senior leaders across the bank
• Create LBO Models based off Management / Sponsor projection models to use in Credit Memos
• Use independent critical thinking skills to analyze and sensitize financial models, develop risks and mitigants, business strengths, and credit rationale for completing a transaction
• Complete risk / return models for new deals
• Address questions from the Investment Committee and Credit team to support new transactions

Portfolio Management

• Review and monitor Borrowers’ financial statements for potential changes which may affect the Borrower’s performance through detailed review of quarterly financial statements, participation in quarterly lender calls, and ongoing dialogue with sponsor/management teams
• Prepare concise credit analysis and other correspondence on a quarterly basis for certain Borrowers, and on an annual basis for all Borrowers
• Assess Borrowers’ internal risk rating on a regular basis based on their financial performance and changes to the qualitative aspects of the business
• Conduct ongoing analysis of amount of allocated capital and credit risk
• Evaluate opportunities for new business (ancillary products such as FX and interest rate hedging and cash management) with existing Borrowers
• Conduct analysis and comprehensive review of industry trends and comparable transactions in the industry

Education/Professional Experience

• An undergraduate degree with academic coursework in finance, economics, or accounting and an outstanding academic achievement
• 1 - 2 years of relevant experience within investment banking, corporate banking, corporate credit, or capital markets
• Completion of a financial analysis credit training program preferable

Skills

• Excellent analytical skills to include business, financial, and credit analysis areas
• Skilled in building complex LBO financial models
• Strong written and oral communication skills
• Strong proficiency in Microsoft Office products, notably MS Excel
• Ability to be creative, insightful and resourceful in performance of duties
• Strong interpersonal skills used within a demanding team environmentStrong 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.

Salary:

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 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/us/en

BMO is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristics. We also consider applicants with criminal histories, consistent with applicable federal, state and local law.

BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to [e-mail] and let us know the nature of your request and your contact information.