Managing Director & Team Lead, Commercial Banking (Asset-Based Lending)

BMO U.S.; Newport Beach (CA); On-site; USD 153,000 - 286,000; Full time

Job summary

Join BMO U.S. as a Managing Director & Team Lead in Commercial Banking, focusing on Asset-Based Lending. This role entails business development, managing client relationships, and fostering a culture aligned with BMO's values. The ideal candidate will have significant experience in financial services and proven success in revenue generation.

Benefits

Health insurance

Tuition reimbursement

Life insurance

Retirement savings plans

Performance-based incentives

Qualifications

• Typically 9+ years of relevant experience and post-secondary degree in related field.
• Credit Qualification required with in-depth Credit and Portfolio Management knowledge.
• Technical leader viewed as a thought leader for innovation.

Responsibilities

• Facilitates growth initiatives and manages key client relationships.
• Generates significant revenue and identifies cross-sell opportunities.
• Builds and develops teams, improving performance and supporting development.

Skills

Analytical skills

Negotiating skills

Leadership

Communication skills

Problem solving

Education

Undergraduate degree in finance, economics, or accounting

CPA or MBA

Job description

Managing Director & Team Lead, Commercial Banking (Asset-Based Lending)

Join to apply for the Managing Director & Team Lead, Commercial Banking (Asset-Based Lending) role at BMO U.S.

Managing Director & Team Lead, Commercial Banking (Asset-Based Lending)

1 week ago Be among the first 25 applicants

Join to apply for the Managing Director & Team Lead, Commercial Banking (Asset-Based Lending) role at BMO U.S.

Get AI-powered advice on this job and more exclusive features.

Facilitates growth initiatives for the Bank through significant business development and excellent management of key client relationships. Maintains an outstanding and continuous record of significant revenue generation from sales and syndications. Ensures the required internal control standards, including adherence to audit, regulatory and compliance policies.

• Fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behaviours in all that they do.
• Ensures alignment between values and behaviour that fosters diversity and inclusion.
• Regularly connects work to BMO's purpose, sets inspirational goals, defines clear expected outcomes, and ensures clear accountability for follow through.
• Builds interdependent teams that collaborate across functional and operating groups to create the highest value for all stakeholders.
• Attracts, retains, and enables the career development of top talent.
• Improves team performance, recognizes and rewards performance, coaches employees, supports their development, and manages poor performance.
• Generates significant revenue for the bank over a sustained period of time and recognizes revenue opportunities to cross-sell bank products for all areas of the Bank.
• Leads the deal team in executing pitches to prospective clients with efforts to maximize sector penetration and returns.
• Delivers highly reliable activities in instituting cross-selling initiatives to clients across all areas of the firm and transitioning them into sales.
• Provides deal structuring expertise and additional expertise as knowledge base and needs dictate.
• Negotiates transactions with clients on highly complex matters.
• Identifies issues, gaps and process improvements through open communication both internally and with other bank areas, and through the monitoring of productivity against benchmarks
• Collaborates to generate ideas, identify client solutions, pursue sector marketing efforts, cover clients, and deliver timely solutions.
• Oversees documentation and ongoing monitoring of asset and client performance.
• Obtains credit concurrence and coordinates pricing approval as client advocate.
• Actively works with specialists as needed to support successful syndication and sales.
• Reinforces sales process and client experience, identifies gaps, issues and best practices.
• Acts as a trusted advisor to senior leaders for making business decisions and implementing strategic initiatives.
• Develops an expert understanding of business/group challenges.
• May consult to or serve on various committees and task forces.
• Manages resources and leads the execution of strategic initiatives to deliver on business and financial goals.
• Helps determine business priorities and best sequence for execution of business/group strategy.
• Ensures alignment between stakeholders.
• Defines business requirements for analytics & reporting to ensure data insights inform business decision making.
• Leads the development of the communication strategy focusing on positively influencing or changing behaviour.
• Collaborates across BMO to develop communications strategies and ensure consistency of messaging, in order to positively influence or change behaviour.
• Determines and deploys equipment, processes and human resources, and optimize the allocation of resources.
• Develops, implements and reviews a plan to complete all assigned tasks in a timely manner to acceptable quality standards and in accordance with bank guidelines.
• Acts as daily sales contact for clients on sales related questions such as product information, pricing, implementation timeframes and requirements.
• Gathers data to advance sale process and completes all required documentation.
• Assists team in pre-sales activities such as pitch preparation, client research, preparation of prospect and client files for further action.
• Tracks implementation requests to keep the process on track with timelines.
• Tracks Internal reports and recommends improvements to sales support materials based on findings and feedback.
• Compiles pre-call and post call information packages by accessing internal systems and bank personnel to validate client holdings, pricing, and volumes.
• Provides research and data gathering to sales team to facilitate solution to the client’s/prospect’s business and needs.
• Assists with sales and service administration and processing ensuring client experience is seamless and opportunities are identified and met.
• Maintains current client information on Bank system/files to ensure client history is accurate and complete.
• Ensures accurate billing to clients.
• Operates at a group/enterprise-wide level and serves as a senior specialist resource across BMO.
• Influences how teams/groups work together.
• Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to multiple, interdependent, complex problems.
• Communicates abstract concepts in simple terms.
• Fosters strong internal and external networks and works with and across multiple teams to achieve business objectives.
• Anticipates trends and responds by implementing appropriate changes.
• Broader work or accountabilities may be assigned as needed.
  
  Qualifications:
  
• Typically 9+ years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
• This position requires Credit Qualification. The incumbent must possess an in-depth level of Credit knowledge and skills and an in-depth level of Portfolio Management knowledge and skills according to the standards established within the Credit Qualification Process Policies & Procedures.
• An undergraduate degree. Focal areas of finance, economics, or accounting preferred.
• CPA or MBA or equivalent experience in finance, accounting and business law.
• 15+ years of relevant experience in negotiating and structuring financial transactions.
• Minimum of 15 years in financial services industry experience in a corporate lending environment with solid achievements in developing business.
• Formal credit training and prior lending authority.
• Seasoned expert with extensive industry knowledge.
• Technical leader viewed as a thought leader for innovation.
• Verbal & written communication skills - Expert.
• Analytical and problem solving skills - Expert.
• Influence skills - Expert.
• Collaboration & team skills; with a focus on cross-group collaboration - Expert.
• Able to manage ambiguity.
• Data driven decision making - Expert.
  
  
  

Salary:

$153,600.00 - $285,600.00

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 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.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.

Seniority level

• Seniority level

  Not Applicable

Employment type

• Employment type

  Full-time

Job function

• Job function

  Business Development and Sales

• Industries

  Banking

Referrals increase your chances of interviewing at BMO U.S. by 2x

Get notified about new Managing Director jobs in Newport Beach, CA.

Irvine, CA $180,000.00-$220,000.00 4 months ago

Vice President, Business Development - Investment Banking & Consulting

Managing Director - Right of Way Services

Newport Beach, CA $180,000.00-$200,000.00 1 week ago

Regional Vice President of Employee Benefits

General Manager / General Manager in Training

Irvine, CA $100,000.00-$140,000.00 4 days ago

Regional General Manager JN -052025-160745

Tradewind Services Vice President of Technology

Divisional Vice President, Finance & Accounting - Business Finance - 6340

Irvine, CA $185,000.00-$220,000.00 2 weeks ago

Irvine, CA $160,000.00-$190,000.00 2 weeks ago

Insomniac Clubs - General Manager - Costa Mesa, CA

General Manager - Irvine Spectrum (NEW STORE)

Irvine, CA $68,300.00-$93,900.00 1 month ago

Appeals M.D. - Family Medicine Required - Remote

Cypress, CA $238,000.00-$357,500.00 6 days ago

Insomniac Clubs - General Manager - Costa Mesa, CA

Newport Beach, CA $80,000.00-$85,000.00 6 days ago

Tustin, CA $65,000.00-$70,000.00 2 days ago

Rancho Santa Margarita, CA $26.00-$31.00 4 weeks ago

Long Beach, CA $275,000.00-$305,000.00 1 week ago

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.