BMO - Irving, TX
posted 3 months ago
The position involves facilitating decision-making and analysis of various types of credit information to support lending decisions and processes for the bank. The role is crucial in maintaining and promoting a client service environment that aims to satisfy and exceed customer needs and expectations. The individual in this role will be responsible for making credit decisions and recommendations that align with sound credit-granting principles and comply with the bank's policies and procedures. This includes establishing cross-selling initiatives to enhance client penetration and applying deep expertise in bank products, processes, and systems to troubleshoot effectively, ensuring a high-quality client experience. In addition to making credit decisions, the role may involve coordinating closing activities with the closing department, clients, and attorneys. The individual will serve as a daily escalation resource to ensure that client expectations are met or exceeded, acting as a trusted advisor to the assigned business or group. The position requires influencing and negotiating to achieve business objectives, recommending and implementing solutions based on thorough analysis of issues and their implications for the business. The individual will conduct independent analysis and assessment to resolve strategic issues, helping to determine business priorities and the best sequence for executing the business or group strategy. As the prime subject matter expert for internal and external stakeholders, the individual will participate in developing financial models and other analytical tools to assist clients in evaluating their capital structure. The role also involves designing and producing regular and ad-hoc reports and dashboards, maintaining current knowledge of financing trends in target clients' markets, and communicating these insights to team members. The individual will lead or participate in defining communication plans aimed at positively influencing or changing behavior, developing tailored messaging, and identifying appropriate distribution channels. The position requires overseeing the preparation of concise and well-reasoned credit correspondence, coordinating the preparation of lending proposals and pitches to prospective clients to maximize penetration and returns. The individual will negotiate transactions with clients, providing deal structuring expertise, and oversee documentation and ongoing monitoring of asset and client performance. There may also be responsibilities for managing the workflow of other analysts by aligning tasks with departmental goals and objectives. The role demands accurate financial analysis and risk assessment of new and existing customers, partnering with internal stakeholders to ensure detailed client information is available. The individual will develop credit information to make lending decisions on new, renewal, and extension loans, assist in negotiations of terms and conditions, and prepare summaries to present facts and opinions concerning creditworthiness. Minimizing the bank's risk exposure by adhering to internal credit policies and procedures is a critical aspect of this role, along with providing input into the planning and implementation of operational programs. Building effective relationships with internal and external stakeholders is essential, with a focus primarily on the business or group within BMO, although there may be a broader, enterprise-wide focus as well. The individual will provide specialized consulting, analytical, and technical support, exercising judgment to identify, diagnose, and solve problems within established rules, and will work independently while regularly handling non-routine situations. Broader work or accountabilities may be assigned as needed.