Portfolio Manager, VP (Financial Institutions)

Bank of Montreal; Chicago (IL); On-site; USD 87,000 - 162,000; Full time

Job summary

A leading financial institution is seeking a VP Portfolio Manager with strong underwriting skills and experience in commercial lending. The ideal candidate will assess credit risk, prepare underwriting materials, and support deal execution while maintaining excellent client relationships. This role requires a deep understanding of credit fundamentals and strong analytical abilities. Join a dynamic team committed to creating positive change and delivering exceptional client service.

Benefits

Health Insurance

Tuition Reimbursement

Retirement Plans

Performance Incentives

Bonuses

Qualifications

• 5-7 years of relevant experience in credit analysis and commercial banking.
• Deep knowledge of credit analysis and commercial banking practices.

Responsibilities

• Facilitate decision-making and analysis of credit information.
• Prepare concise credit correspondence and lending proposals.
• Monitor ongoing asset and client performance.

Skills

Credit Analysis

Communication

Collaboration

Analytical Skills

Negotiation

Education

Post-secondary degree

Job description

Portfolio Manager, VP (Financial Institutions)

Position Overview

We are seeking a credit-focused professional with strong underwriting skills and experience in a commercial lending environment. The ideal candidate will have formal credit training and experience analyzing mid to large corporate clients. This role involves supporting deal execution by assessing credit risk, preparing underwriting materials, and navigating transactions through internal approval processes. A solid understanding of commercial credit fundamentals and keen attention to detail are essential. Experience in the non-bank lender space is a plus but not mandatory.

Key Responsibilities

• Facilitate decision-making and analysis of credit information to support lending decisions.
• Maintain a client service environment that exceeds customer expectations.
• Make credit decisions and recommendations aligned with sound principles and bank policies.
• Establish cross-selling initiatives to deepen client relationships.
• Apply expertise in bank products, processes, and systems to ensure high-quality client experiences.
• Coordinate closing processes with relevant departments and stakeholders.
• Serve as a daily escalation resource to meet client expectations.
• Act as a trusted advisor to assigned business groups.
• Influence and negotiate to achieve business objectives.
• Develop financial models and analytical tools to evaluate client capital structures.
• Design and produce reports and dashboards for management and clients.
• Stay informed on financing trends in target markets and communicate insights.
• Prepare concise credit correspondence and lending proposals.
• Negotiate transaction terms and structure deals effectively.
• Monitor ongoing asset and client performance.
• Manage workflow of analysts and other team members as needed.
• Provide accurate financial analysis and risk assessments for new and existing clients.
• Collaborate with internal stakeholders to gather comprehensive client information.
• Assist in negotiations and prepare summaries on creditworthiness.
• Adhere strictly to internal credit policies to minimize risk exposure.
• Contribute to operational planning and strategic initiatives.
• Build and maintain effective relationships with stakeholders.
• Provide technical support and act as a subject matter expert.
• Handle non-routine situations independently.

Qualifications

• Typically 5-7 years of relevant experience, with a post-secondary degree or equivalent.
• Deep knowledge of credit analysis and commercial banking practices.
• Excellent verbal and written communication skills.
• Strong collaboration and team skills.
• Advanced analytical and problem-solving abilities.
• Effective influence and negotiation skills.
• Data-driven decision-making capabilities.

Compensation and Benefits

Salary range: $87,000 - $161,400. Compensation includes salary, potential performance incentives, bonuses, health insurance, tuition reimbursement, retirement plans, and other perks. For more details, visit Total Rewards.

About Us

At BMO, our purpose is to "Boldly Grow the Good in business and life." We aim to create positive change for our customers, communities, and employees through innovation and collaboration. We value diversity, respect, and inclusion and are committed to providing equal employment opportunities and reasonable accommodations for individuals with disabilities.

Learn more about us at our careers page.