SeniorAssociate,AssetBasedLending

Application Deadline: 07/25/2026 Address: 320 S Canal Street Job Family Group: Commercial Sales & Service **Sr. Associate, Asset Based Lending-Chicago** Position is a PM/Underwriting role, inclusive of current and new customer calling and pitching. As PM, hire would manage/support 7-10 customers, while also managing the underwriting of new borrowers. Position is involved in decisioning and analysis of all types of credit information to support lending decisions for BMO. Position is located in Chicago to support market team. * Oversees credit and legal documentation and ongoing monitoring of asset and client performance * Provides accurate financial analysis and risk assessment of new and existing customers * Oversees preparation of concise, well reasoned credit correspondence. * Coordinates the preparation of lending proposals and pitches to prospective clients with efforts to maximize penetration and returns. * Negotiates transactions with clients and provides deal structuring expertise. * Develops credit information to make lending decisions on new, renewal and extension loans. * Assists in negotiations of terms and conditions of all decisions made via phone and e-mail interaction with clients. * Prepares summary, present facts and offer opinions concerning credit worthiness. * Establishes cross-selling initiatives to increase penetration with client. * Applies knowledge in bank products, processes and systems and effectively trouble shooting to ensure a high-quality client experience. * May coordinate closing with closing department, clients and attorneys. * Minimizes BMO’s risk exposure by adhering to internal credit policies and procedures with respect to lending decisions. * Provides specialized consulting, analytical and technical support. * Exercises judgment to identify, diagnose, and solve problems within given rules. * Works independently and regularly handles non-routine situations. * Broader work or accountabilities may be assigned as needed. * Spanish