Analytics Rotational Program Jobs in Rolling Meadows, IL

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Job Title: Credit Analyst, Asset Based Lending

Description: The Credit Analyst will join a structured rotational program with a cohort of several other Credit Analysts intended to develop broad asset-based lending credit skills and support the broader initiatives of the US Asset Based Lending group within BMO's US Commercial Bank. Analysts will rotate between portfolio teams, gaining hands-on exposure to evaluating prospects for creditworthiness, credit reviews, portfolio monitoring, risk rating, covenant compliance, and collateral diligence. This role will assist in making credit decisions and recommendations in accordance with sound credit-granting principles and in compliance with Bank Policies & Procedures.

Responsibilities:

• Analyzes credit information to support lending decisions and processes for new and existing Commercial banking loans and credit solutions in an assigned portfolio of clients
• Makes credit decisions and recommendations in compliance with bank policies and procedures while maintaining an exceptional client service environment
• Performs financial analysis and calculations, assesses client creditworthiness, prepares detailed credit summaries, analyses financial performance and risk profiles of clients within the portfolio
• Supports portfolio monitoring and compliance, analyses metrics, and assesses industry trends to spot risks and opportunities
• Monitors loan performance, accuracy and integrity of loan documentation and addresses credit-related issues
• Conducts financial analysis and risk assessments of clients' credit information to provide insights and make informed decisions
• Minimizes BMO's risk exposure by adhering to credit policies, regulatory standards, and operational guidelines
• Manages timely and accurate data entry into BMO's systems and leverages the data to support decision-making
• Thinks creatively and proposes new solutions
• Exercises judgment to identify, diagnose, and solve problems within given rules
• Works mostly independently
• Broader work or accountabilities may be assigned as needed

Qualifications:

• College Graduate with preference towards Accounting and Finance Majors, relevant internships or 1-2 years of applicable work experience to be considered
• Advanced proficiency in Microsoft Excel, demonstrated through coursework, internship work, or independent projects
• Working knowledge of financial modeling and financial statement analysis
• Strong written communication skills, with the ability to translate financial analysis into clear, concise summaries appropriate for internal credit documentation
• Verbal & written communication skills - In-depth.
• Collaboration & team skills - In-depth.
• Analytical and problem solving skills - In-depth.
• Influence skills - In-depth.
• Data driven decision making - In-depth.

Salary:

Pay Type:

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 http://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 stereotypes, 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.