Exciting opportunity to join BMO as an Associate on the U.S. Power, Utilities and Infrastructure ("PU&I") Corporate Banking team.
BMO's Corporate Bank is responsible for client coverage and relationship management; the origination, structuring and execution of lending transactions; collaboration with core Corporate Banking partners to drive product cross-sell; and, partnership with Investment Banking to provide current and prospective clients with creative financing solutions across Debt / Equity Capital Markets and Leverage Finance.
The Associate position is responsible for providing transaction execution support over a variety of transaction @types (Corporate Financing, Acquisition Financing, Bridge Financing), while also supporting client coverage by assisting with loan origination / structuring and cross-sell pitches (Treasury Products, Commodities, Trade Finance, Interest Rate Hedging, Leasing, etc.).
Role responsibilities include :
Supporting transaction execution for a diverse portfolio of PU&I clients
Preparing credit documentation (i.e. applications, memoranda, presentations, etc.) for internal and external stakeholders
Completing due diligence and credit analysis on new and existing client relationships. May include client calls, analysis of business models, and comprehensive review of industry trends and related regulations.
Ability to understand transaction risk factors (credit, market, operational, legal / compliance, etc.) and effectively communicate those aspects to relevant internal stakeholders
Monitoring clients, sectors and regulatory agencies for potential changes that may affect client portfolios and business needs
Generating updated financial models / analyses as business needs and industry requirements dictate
Collaboration with sector coverage partners to create internal and external marketing content
Creation of pitch books for clients with respect to financial solutions and participation in their presentation to clients
Supporting the execution of strategic initiatives in collaboration with internal and external stakeholders
Building effective relationships with internal and external stakeholders
Ability to work independently and regularly handle non-routine situations
Qualifications :
2-4 years of relevant experience in Corporate and / or Investment Banking with demonstrated aptitude in credit analysis and underwriting
Experience supporting the origination and structuring of loans, including revolving, term and bridge credit facilities. Specific experience in PU&I and / or with more complex structures (project finance, hybrid corporate-project finance, multi-tranche and multi-creditor class, etc.) is a plus.
Deal execution and project management skills - ability to manage multiple live transactions / projects / initiatives at a time
Strong skills in quantitative analytics, financial modeling and credit analysis
Excellent written and oral communication skills
Ability to create and deliver professional presentations
Highly collaborative
Undergraduate degree with high academic achievement
? The salary range for this role is $135,000.00 up to $165,000.00 USD (subject to the candidate meeting the specific skills, experience, education, and qualification requirements)
Salary:
Pay Type:
Salaried
The above represents BMO Financial Group's pay range and @type.
Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group's expected target for the first year in this position.
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 also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards
About Us
At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.
As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one - for yourself and our customers. We'll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we'll help you gain valuable experience, and broaden your skillset.
To find out more visit us at https://jobs.bmo.com/us/en
BMO is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, transgender status, sexual stereo@types, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristics. We also consider applicants with criminal histories, consistent with applicable federal, state and local law.
BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to BMOCareers.Support@bmo.com and let us know the nature of your request and your contact information.
Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.