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Corporate Banking Associate
BMO | Chicago, Illinois
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Job Description

The Associate will be responsible for adiversified portfolio of clients as it relates to the Capital Markets - TradingProducts activities of the Enterprise. This entails account managementresponsibility, as well as the ongoing independent monitoring of clientportfolios and their performance in a proactive manner. In addition, as part ofan ongoing team approach, the Associate will work closely with Trading Productsto best serve and manage our existing client relationships as well as grow theportfolio in the base and precious metals space. The Associate will preparecredit packages and work with the Single Products and Trading Portfolios teamsto make recommendations regarding risk, deal structure, and client requirementsby analyzing financial and operational data of new and existing clients.

A. Client Risk and Financial Analysis

* Research and analyze financialand operating performance relating to companies and industries.
* Prepare concise, accurate andwell-reasoned written credit applications and memoranda for both
* new and existing transactions,for presentation to Credit.
* Maintain current financialinformation on clients in order to perform timely annual reviews and
* trigger monitoring.
* Conduct credit risk analysis oftransactions using all available sources of information including, but
* not limited to financialstatements, legal documentation, etc.
* Analyze transactions forstructural strengths and weaknesses and structure appropriately to
* mitigate weaknesses.
* Review credit documentation forconformity with approved Credit terms and conditions.
* Prepare concise credit analysisand other correspondence for use in managing client relationships.
* Keep abreast of industry trendsand regulatory developments.

B. Client Portfolio Management

* Manage a diverse portfolio ofTrading Product accounts. This includes:i) preparing written concise
* credit reviews as needed, atleast annually, delivering same within required timeframes, and ii) continuous monitoring of transactionperformance and financial performance of the underlying client and itsrespective industry.
* Monitor client, industry andregulations for potential changes which may affect client's portfolio andbusiness needs.
* Monitor exposure acrossdifferent BMO entities and products.
* Expert knowledge of Bankpolicies and standards to ensure portfolio adheres to BMO's policies andprocedures.
* Assist in AML/KYC processingand obtain any pending required documentation.

C. Partnership Efforts

* Liaise with Trading Productsareas and with various lines of business and operational areas of the Bank asrequired.
* Support trading desks on portfoliomanagement needs and growth initiatives of the business.
* Assist in updating FinancingGuidelines.
* Involve in projects asrequired.


* An undergraduate degree in finance, economics, or accounting.
* MBA degree preferred.
* 4-5 years of corporate banking experience in a corporate lending environment; formal credit training preferred.
* Knowledge of capital markets, investment banking products and applicable regulations.
* Credit analysis experience/ understanding.
* Good knowledge of organizational lending and portfolio management policies and objectives.
* Experience with commodities, asset backed securities and/or mortgage backed securities.


* Highly developed written and oral communication skills.
* Strong quantitative analytics, financial and credit analysis skills.
* Expertise in financial computer applications and database management tools such as Moody's, Capital IQ and Bloomberg.
* Strong interpersonal skills used within a demanding internal environment and in client interaction.
* Self-starter with keen attention to detail and ability to work under limited supervision.
* Ability to learn and adapt quickly.
* Excellent capability to independently and proactively service multiple clients and projects.
* Ability to multi-task and balance multiple deadlines

We're here to help

At BMO Harris Bank we have a shared purpose; we put the customer at the center of everything we do - helping people is in our DNA. For 200 years we have thought about the future-the future of our customers, our communities and our people. We help our customers and our communities by working together, innovating and pushing boundaries to bring them our very best every day. Together we're changing the way people think about a bank.

As a member of the BMO Harris Bank 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://bmoharriscareers.com.

BMO Harris Bank is committed to an inclusive, equitable and accessible workplace. By learning from each other's differences, we gain strength through our people and our perspectives. BMO Harris Bank is an Equal Opportunity Employer for all, inclusive of Minorities, Women, Veterans, and Persons with Disabilities.


About BMO

About BMO Financial Group Established in 1817 as Bank of Montreal, BMO Financial Group is a highly diversified financial services organization. With total assets of $265 billion as at October 31, 2004, and more than 34,000 employees, BMO provides a broad range of retail banking, wealth management and investment banking products and solutions. BMO Financial Group serves clients across Canada through its Canadian retail arm, BMO Bank of Montreal, and through BMO Nesbitt Burns, one of Canada's leading full-service investment firms. In the United States, BMO serves clients through Chicago-based Harris, an integrated financial services organization that provides more than 1.5 million personal, business, corporate and institutional clients with banking, lending, investing, financial planning, trust administration, portfolio management, family office and wealth transfer services.

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