Credit Portfolio Officer – Commercial Bank

Credit Portfolio Officer – Commercial Bank

Requirements

• Minimum of 7 years of relevant experience.
• Attended and graduated from Commercial Credit Training Program or equivalent of 7 years in Commercial Underwriting.
• Deep knowledge and technical proficiency gained through extensive education and business experience.
• 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.

Responsibilities

• Facilitates decisioning and analysis of all types of credit information to support lending decisions and processes for the bank.
• Maintains and promotes a client service environment to satisfy and exceed customer needs and expectations.
• Makes credit decisions and recommendations in accordance with sound credit-granting principles and in compliance with Bank Policies & Procedures.
• Participates in the development of financial models and other analytical tools to assist clients in evaluating capital structure.
• Applies deep credit expertise in bank products, processes and systems and effectively trouble shooting to ensure a high-quality client experience.
• Serves as a daily escalation resource to ensure client expectations are met or exceeded.
• Acts as a Credit Advisor to sale team and our bank customers.
• Understands loan agreement, promissory note, and security agreement and its application to our borrowers.
• Recommends and implements solutions based on analysis of issues and implications for the business.
• Conducts independent credit analysis and assessment to resolve strategic issues.
• Collaborates with sale and credit team on credit structure that complies with Bank Policies and appetite.
• Helps determine business priorities and best sequence for execution of business/group strategy.
• Acts as the prime subject matter expert for internal/external stakeholders – Credit and Sale leader.
• Designs and produces regular and ad-hoc reports, and dashboards.
• Leads or participates in defining the communication plan designed to positively influence or change behavior; develops tailored messaging; and identifies appropriate distribution channels.
• Oversees preparation of concise, well reasoned credit correspondences.
• Prepares summary, present facts and offer opinions concerning credit worthiness.
• Coordinates the preparation of lending proposals and pitches to prospective clients with efforts to maximize penetration and returns.
• Oversees documentation and ongoing monitoring of asset and client performance.
• Partners with internal stakeholders for accurate, detailed client information.
• Develops credit information to make lending decisions on new, renewal and extension loans.
• Minimizes BMO’s risk exposure by adhering to internal credit policies and procedures with respect to lending decisions.
• Provides input into the planning and implementation of operational programs.
• Focus is primarily on business/group within BMO; may have broader, enterprise-wide focus.
• Exercises judgment to identify, diagnose, and solve problems within given rules.
• Works independently and regularly handles non-routine situations.
• Broader work or accountabilities may be assigned as needed.

Preferred Qualifications

No preferred qualifications provided.