Commercial Covenant & Portfolio Analyst

BMO U.S.; Chicago (IL); On-site; USD 55,000 - 110,000; Full time

Benefits offered by this job

Health insurance

Tuition reimbursement

Accident and life insurance

Retirement savings plans

Job summary

BMO Financial Group in the United States seeks a Credit Administration professional to support commercial lending teams. You will independently track covenant compliance and collateral margining, monitor portfolio health, and ensure loan agreements are followed.

The role requires 2–3 years in credit or lending, a bachelor's degree, and BMO credit qualification within a year. Strong analytical skills and attention to detail are essential, with proficiency in Microsoft Office.

Qualifications

• 2–3 years of relevant experience in credit, lending or financial operations in a corporate or banking environment.
• BMO Credit Qualification within one-year of assignment.
• Bachelor’s degree required; Business Administration, Finance and Accounting preferred.
• Specialized knowledge from education and/or business experience.

Responsibilities

• Adhere to BMO credit policies, regulatory standards, and operational guidelines to effectively manage and mitigate risk exposure.
• Apply working knowledge of accounting principles and financial statements to support credit analysis and underwriting.
• Demonstrate operational understanding of commercial loan agreements, including key provisions such as repayment terms, financial covenants, collateral, and amendment processes.
• Analyze financial information, tax returns, credit bureau reports, and related documentation to support credit decisions.
• Independently perform financial covenant compliance and collateral margining calculations for an assigned portfolio to identify potential credit deterioration and ensure loan agreement compliance.
• Make sound, policy-compliant credit decisions and recommendations using established credit-granting principles.
• Perform financial calculations accurately while working with limited supervision.
• Identify opportunities for improvement and propose practical, creative solutions to enhance processes and effectiveness.
• Assume additional or broader responsibilities as required to support team and business objectives.

Skills

Financial analysis

Data-driven decision making

Collaboration

Detail-oriented

Customer service

Education

Bachelor’s degree in Business Administration, Finance and Accounting

Tools

Microsoft Office

Job description

BMO Financial Group in the United States seeks a Credit Administration professional to support commercial lending teams. You will independently track covenant compliance and collateral margining, monitor portfolio health, and ensure loan agreements are followed.

The role requires 2–3 years in credit or lending, a bachelor's degree, and BMO credit qualification within a year. Strong analytical skills and attention to detail are essential, with proficiency in Microsoft Office.