Bank of Montreal
Director corporate and commercial credit (Commercial Real Estate)
Bank of Montreal, Chicago, Illinois, United States, 60290
Director Corporate and Commercial Credit (Commercial Real Estate)Location: Chicago, IL, USA
Time Type: Full time
Posted on: Posted 4 Days Ago
Job Requisition ID: R240026903
Application Deadline: 10/31/2024
Address: 320 S Canal Street
Job Family Group: Audit, Risk & Compliance
The role will initially focus on Real Estate Lending and expand to other sectors and portfolios afterwards. You will have day-to-day oversight of credit and adjudication processes to ensure they are within the risk appetite of the bank.
Our ideal candidate has experience with credit and lending, strong analytical skills, and the ability to synthesize thoughts into clear and concise messaging.
Responsibilities:
Provides independent, objective review and adjudication of credit applications and transactions for an assigned portfolio within credit limits or makes credit recommendations and escalates as required.
Ensures the credit quality of the assigned portfolios is maintained within the Bank’s risk tolerance, policies & procedures, and meets financing guidelines.
Supports credit adjudication operations and initiatives.
Provides training and support to teams and channels where the applications and transactions originate.
Fosters a culture aligned to BMO purpose, values, and strategy, and role models BMO values and behaviors in all that they do.
Works with stakeholders to ensure the effectiveness of risk management controls, analysis, and monitoring on a transactional and portfolio basis.
Provides credit coaching, training, and support to direct team and other stakeholders as required.
Acts as a subject matter expert on relevant regulations and policies.
Identifies emerging issues and trends to inform decision-making.
Conducts independent analysis and assessment to resolve strategic issues.
Ensures alignment between stakeholders.
Monitors the credit portfolio through transaction review & approval to ensure compliance with the Bank’s lending policies and procedures.
Provides credit risk coaching and advice to sales & service employees to increase awareness of risk, policy, and knowledge of structuring transactions.
Builds effective relationships with internal/external stakeholders.
Executes work to deliver timely, accurate, and efficient service.
Qualifications:
Typically 7+ years of relevant experience and post-secondary degree in a related field of study or an equivalent combination of education and experience.
Credit Qualifications and associated credit knowledge and skills according to the established qualification standards.
In-depth / expert knowledge of banking products & services.
Proven leadership skills and highly developed coaching skills.
Verbal & written communication skills - In-depth / Expert.
Analytical and problem-solving skills - In-depth / Expert.
Data-driven decision-making - In-depth / Expert.
Salary:
$100,000.00 - $185,500.00
Pay Type:
Salaried
BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards.
BMO 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 is an equal opportunity/affirmative action employer.
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Time Type: Full time
Posted on: Posted 4 Days Ago
Job Requisition ID: R240026903
Application Deadline: 10/31/2024
Address: 320 S Canal Street
Job Family Group: Audit, Risk & Compliance
The role will initially focus on Real Estate Lending and expand to other sectors and portfolios afterwards. You will have day-to-day oversight of credit and adjudication processes to ensure they are within the risk appetite of the bank.
Our ideal candidate has experience with credit and lending, strong analytical skills, and the ability to synthesize thoughts into clear and concise messaging.
Responsibilities:
Provides independent, objective review and adjudication of credit applications and transactions for an assigned portfolio within credit limits or makes credit recommendations and escalates as required.
Ensures the credit quality of the assigned portfolios is maintained within the Bank’s risk tolerance, policies & procedures, and meets financing guidelines.
Supports credit adjudication operations and initiatives.
Provides training and support to teams and channels where the applications and transactions originate.
Fosters a culture aligned to BMO purpose, values, and strategy, and role models BMO values and behaviors in all that they do.
Works with stakeholders to ensure the effectiveness of risk management controls, analysis, and monitoring on a transactional and portfolio basis.
Provides credit coaching, training, and support to direct team and other stakeholders as required.
Acts as a subject matter expert on relevant regulations and policies.
Identifies emerging issues and trends to inform decision-making.
Conducts independent analysis and assessment to resolve strategic issues.
Ensures alignment between stakeholders.
Monitors the credit portfolio through transaction review & approval to ensure compliance with the Bank’s lending policies and procedures.
Provides credit risk coaching and advice to sales & service employees to increase awareness of risk, policy, and knowledge of structuring transactions.
Builds effective relationships with internal/external stakeholders.
Executes work to deliver timely, accurate, and efficient service.
Qualifications:
Typically 7+ years of relevant experience and post-secondary degree in a related field of study or an equivalent combination of education and experience.
Credit Qualifications and associated credit knowledge and skills according to the established qualification standards.
In-depth / expert knowledge of banking products & services.
Proven leadership skills and highly developed coaching skills.
Verbal & written communication skills - In-depth / Expert.
Analytical and problem-solving skills - In-depth / Expert.
Data-driven decision-making - In-depth / Expert.
Salary:
$100,000.00 - $185,500.00
Pay Type:
Salaried
BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards.
BMO 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 is an equal opportunity/affirmative action employer.
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