BMO Financial Group
Finance
BusinessBankingCreditAnalystTrainee
“Business Banking Credit Analyst Trainee at BMO Financial Group. Skills: Credit Analysis, Risk Management, Financial Analysis. Perform ongoing comprehensive client credit analysis for assigned client portfolios to assess overall financial health and credit risk. Apply lending expertise to a lending product portfolio or part of the lending process (e.g., underwriting, funding, monitoring)”
What You'll Achieve.
Deliver timely, accurate, and efficient service; Protecting the bank by applying our Risk Management Framework in the execution of your role, in line with our Risk Culture and within our approved Risk Appetite, making sound and risk informed decisions that align to business strategy, protect assets, and adhere to applicable policy documents (Frameworks, Policies, Standards, Procedures and Supporting documents), laws and regulations
Industry & Context.
Exercises judgment to identify, diagnose, and solve problems within given rules; Conducts independent analysis and assessment to resolve strategic issues; Breaks down strategic problems, and analyses data and information to provide insights and recommendations; Analyzes lending applications to identify, correct, and make credit decisions or advise of deficiencies and/or exceptions in accordance with sound credit granting recommends remedies to maintain acceptable asset and credit quality; Responds to inquiries and resolves issues raised through audits and quality checks to adequately document lending decisions; Works independently on a range of complex tasks, which may include unique situations
What They're Looking For.
Must Have
4 - 6 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience, Advanced understanding of business banking products, lending process and directives, credit risk policies and standards, supporting processes, applicable legal and regulatory requirements, and Bank policies, knowledge of credit qualification and adjudication standards, policies, and procedures, Technical proficiency gained through education and/or business experience
What You'll Do.
Perform ongoing comprehensive client credit analysis for assigned client portfolios to assess overall financial health and credit risk
Apply lending expertise to a lending product portfolio or part of the lending process (e.g.
Make credit decisions or provide timely advice to the business banking relationship manager
Facilitate the funding process as a funding specialist
acting as a final control point for legal documentation
Analyze lending applications to identify
and make credit decisions or advise of deficiencies/exceptions
Analyze lending applications to confirm security valuations and complete/approve credit applications for authorization
Develop risk profiles
credit structuring of lending proposals
and complete credit investigations
Respond to inquiries and resolve issues raised through audits and quality checks
Design and produce regular and ad-hoc reports
Monitor and track performance and address any issues
Follow security and safeguarding procedures and apply due diligence
Adhere to business banking lending processes
and ethical requirements
Maintain the confidentiality of customer and Bank information
Identify risks and take appropriate actions
including all documentation and other regulatory requirements
Liaise between clients and various departments across the organization
How You'll Work.
Team & Collaboration
Supports the execution of strategic initiatives in collaboration with internal and external stakeholders; Builds effective relationships with internal/external stakeholders; Ensures alignment between stakeholders; Liaises between clients and various departments across the organization to discuss issues and procedures, and provide product support and expertise
Communication Scope
Verbal & written communication skills - In-depth; Develops tailored and identifies appropriate distribution channels
Process & Methodology
Builds change management plans of varying scope and leads or participates in a variety of change management activities including readiness assessments, planning, stakeholder management, execution, evaluation, and sustainment of initiatives, Provides input into the planning and implementation of operational programs
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