Managing Director, Strategic Capital Management (U.S. Commercial Banking) - Bank of Montreal
Chicago, IL 60290
About the Job
Managing Director, Strategic Capital Management (U.S. Commercial Banking)
Location: Chicago, IL, USA; Los Angeles, CA, USA; San Francisco, CA, USA; Newport Beach, CA, USA
Time Type: Full Time
Posted On: Posted 4 Days Ago
Job Requisition ID: R250000416
Application Deadline: 02/13/2025
Address: 320 S Canal Street
Job Family Group: Commercial Sales & Service
Exciting opportunity!
The ideal candidate will be forming a new dedicated centralized resource team focused on active portfolio exposure management. The team will work with LOBs and specialty partners to develop options to de-risk and reduce exposures to better manage risks/returns. This role facilitates profitable growth, risk management, and enhanced return initiatives for the Bank. Responsibilities include:
- Working with lines of business and product partners to develop options to de-risk or reduce loan exposures.
- Analyzing the portfolio to identify candidates and advising relationship managers on de-risking strategies.
- Serving as the central point of contact coordinating processes between stakeholders.
- Ensuring documentation, reporting, and data requirements are addressed satisfactorily and internal control standards are met.
- Providing training and advice to relationship managers on de-risking options and borrower fit.
- Identifying issues, gaps, and process improvements through open communication.
- Acting as a trusted advisor to senior leaders for making business decisions.
- Managing resources and leading the execution of strategic initiatives.
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 and an in-depth level of Credit knowledge and skills.
- An undergraduate degree, with focal areas in finance, economics, or accounting preferred.
- 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.
- Verbal & written communication skills - Expert.
- Analytical and problem-solving skills - Expert.
- Influence skills - Expert.
- Collaboration & team skills - 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.
About Us:
At BMO, we are driven by a shared Purpose: Boldly Grow the Good in business and life. We strive to help you make an impact from day one – for yourself and our customers.
BMO is proud to be an equal employment opportunity employer. We evaluate applicants without regard to legally protected characteristics.
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