Commercial Portfolio Risk & Covenant Analyst

BMO; United States; On-site; USD 55,000 - 110,000; Full time

Benefits offered by this job

Health insurance

Tuition reimbursement

Retirement savings plans

Other perks and rewards

Job summary

BMO is seeking a Commercial Credit Analyst to support lending teams through covenant compliance, collateral margining, and portfolio monitoring at our United States offices.

You will analyze financial statements, tax returns, and credit reports to inform underwriting decisions while adhering to credit policies and regulatory standards. This role requires 2–3 years of experience and a Bachelor’s degree in a related field.

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.
• Any other related discipline or commensurate work experience considered.
• Specialized knowledge from education and/or business experience.

Responsibilities

• Track, calculate, and assess covenant compliance and collateral margining independently to identify potential credit deterioration and ensure adherence to loan agreement requirements.
• 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 repayment terms, financial covenants, collateral, and amendment processes.
• Analyze financial information, tax returns, credit bureau reports, and related documentation to support credit decisions.
• 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

Credit analysis

Financial statements analysis

Risk assessment

Data-driven decision making

Microsoft Office

Detail-Oriented

Customer Service

Education

Bachelor’s degree in Business Administration, Finance and Accounting preferred

Tools

Microsoft Office

Excel

Job description

BMO is seeking a Commercial Credit Analyst to support lending teams through covenant compliance, collateral margining, and portfolio monitoring at our United States offices.

You will analyze financial statements, tax returns, and credit reports to inform underwriting decisions while adhering to credit policies and regulatory standards. This role requires 2–3 years of experience and a Bachelor’s degree in a related field.