Bank of Montreal
Director Portfolio, Risk, and Compliance, Emerging Middle Market
Bank of Montreal, Chicago, Illinois, United States, 60290
Director Portfolio, Risk, and Compliance, Emerging Middle MarketLocations: Chicago, IL, USA; Greenwood Village, CO, USA; Los Angeles, CA, USA; Milwaukee, WI, USA; Phoenix, AZ, USA
Time Type: Full time
Posted on: Posted 2 Days Ago
Job Requisition ID: R240027721
Application Deadline: 11/28/2024
Address: 320 S Canal Street
Job Family Group: Commercial Sales & Service
BMO is the 8th largest bank in North America and the 4th largest commercial lender with aggressive growth ambitions in the U.S. We are driven by a single purpose: to Boldly Grow the Good in business and life.
The EMM (Emerging Middle Market) segmentation targets $10MM-$50MM in company revenues. The ideal candidate will be responsible for overseeing high-risk loan activities within the EMM line of business including quarterly reviews, high-risk loan meetings, trends in migration, and updates with SAMU. Additionally, this role will involve portfolio data analysis and other portfolio tasks to support EMM’s compliance with BMO policy and procedures.
Responsibilities:
Leads and executes business development plans to achieve or exceed business goals.
Provides strategic input into business decisions as a trusted advisor.
Makes recommendations to senior leaders on strategy and new initiatives.
Acts as a subject matter expert on relevant regulations and policies.
Advises on sales strategy based on market understanding and client needs.
Conducts independent analysis to resolve strategic issues.
Develops business cases by identifying needs and assessing expected ROI.
Recommends business priorities and develops a roadmap for strategic execution.
Manages the risk of the assigned complex portfolio in a timely manner.
Directly manages the annual review process and resolution of exceptions.
Maintains accurate documentation and ensures adherence to policies and procedures.
Acts as daily sales contact for clients on sales-related questions.
Tracks implementation requests and internal reports, recommending improvements.
Provides research and data gathering to facilitate client solutions.
Ensures accurate billing to clients.
Operates at a group/enterprise-wide level and serves as a specialist resource.
Implements changes in response to shifting trends.
Broader work or accountabilities may be assigned as needed.
Qualifications:
Typically 7+ years of relevant experience and a post-secondary degree in a related field.
Demonstrated history of successful business development.
Experience in contract negotiations and drafting responses to complex RFPs.
In-depth knowledge of risk management, sales management, and relationship management.
Strong verbal & written communication skills, analytical and problem-solving skills.
Able to manage ambiguity and make data-driven decisions.
Salary:
$120,000.00 - $222,600.00
Pay Type:
Salaried
BMO Financial Group’s total compensation package may include performance-based incentives, discretionary bonuses, health insurance, tuition reimbursement, and retirement savings plans.
Equal Employment Opportunity Statement:
BMO is proud to be an Equal Employment Opportunity and Affirmative Action employer.
We’re here to help:
At BMO, we are driven by a shared Purpose: Boldly Grow the Good in business and life.
To find out more visit us at
BMO Careers
#J-18808-Ljbffr
Time Type: Full time
Posted on: Posted 2 Days Ago
Job Requisition ID: R240027721
Application Deadline: 11/28/2024
Address: 320 S Canal Street
Job Family Group: Commercial Sales & Service
BMO is the 8th largest bank in North America and the 4th largest commercial lender with aggressive growth ambitions in the U.S. We are driven by a single purpose: to Boldly Grow the Good in business and life.
The EMM (Emerging Middle Market) segmentation targets $10MM-$50MM in company revenues. The ideal candidate will be responsible for overseeing high-risk loan activities within the EMM line of business including quarterly reviews, high-risk loan meetings, trends in migration, and updates with SAMU. Additionally, this role will involve portfolio data analysis and other portfolio tasks to support EMM’s compliance with BMO policy and procedures.
Responsibilities:
Leads and executes business development plans to achieve or exceed business goals.
Provides strategic input into business decisions as a trusted advisor.
Makes recommendations to senior leaders on strategy and new initiatives.
Acts as a subject matter expert on relevant regulations and policies.
Advises on sales strategy based on market understanding and client needs.
Conducts independent analysis to resolve strategic issues.
Develops business cases by identifying needs and assessing expected ROI.
Recommends business priorities and develops a roadmap for strategic execution.
Manages the risk of the assigned complex portfolio in a timely manner.
Directly manages the annual review process and resolution of exceptions.
Maintains accurate documentation and ensures adherence to policies and procedures.
Acts as daily sales contact for clients on sales-related questions.
Tracks implementation requests and internal reports, recommending improvements.
Provides research and data gathering to facilitate client solutions.
Ensures accurate billing to clients.
Operates at a group/enterprise-wide level and serves as a specialist resource.
Implements changes in response to shifting trends.
Broader work or accountabilities may be assigned as needed.
Qualifications:
Typically 7+ years of relevant experience and a post-secondary degree in a related field.
Demonstrated history of successful business development.
Experience in contract negotiations and drafting responses to complex RFPs.
In-depth knowledge of risk management, sales management, and relationship management.
Strong verbal & written communication skills, analytical and problem-solving skills.
Able to manage ambiguity and make data-driven decisions.
Salary:
$120,000.00 - $222,600.00
Pay Type:
Salaried
BMO Financial Group’s total compensation package may include performance-based incentives, discretionary bonuses, health insurance, tuition reimbursement, and retirement savings plans.
Equal Employment Opportunity Statement:
BMO is proud to be an Equal Employment Opportunity and Affirmative Action employer.
We’re here to help:
At BMO, we are driven by a shared Purpose: Boldly Grow the Good in business and life.
To find out more visit us at
BMO Careers
#J-18808-Ljbffr