Treasury and Payment Solutions, Analyst

Bank of Montreal · Chicago, IL

Company

Bank of Montreal

Location

Chicago, IL

Type

Full Time

Job Description

Application Deadline:

09/27/2023

Address:

111 W Monroe - 115 S LaSalle

Job Family Group:

Capital Mrkts Sales & Service

BMO Capital Markets is a leading, full-service financial services provider. We offer corporate and investment banking, treasury management, as well as research and advisory services to clients around the world. #bmocapitalmarkets

BMO Capital Markets

BMO Capital Markets is a leading, full-service North American-based financial services provider offering corporate, institutional and government clients' access to a complete range of products and services. These include equity and debt underwriting, corporate lending and project financing, merger and acquisitions advisory services, securitization, treasury management, market risk management, debt and equity research and institutional sales and trading. With over 2,600 professionals in 32 locations around the world, including 18 offices in North America, BMO Capital Markets works proactively with clients to provide innovative and integrated financial solutions.

BMO Capital Markets is a member of BMO Financial Group (NYSE, TSX: BMO), one of the largest diversified financial services providers in North America with US$812 billion total assets and approximately 45,000 employees as at April 30, 2022. For more information, visit www.bmocm.com/.

About Corporate Banking:

Corporate Banking is an integral part of BMO Capital Markets' Investment and Corporate Banking group which offers corporate, institutional and government clients a complete range of financial services, including lending, equity and debt capital raising, structured finance, M&A, treasury and market risk management services, research and institutional investing.

Corporate Banking is responsible for the marketing, management and monitoring of the Bank's corporate loan portfolio, and also supports the credit requirements and cross selling efforts for other businesses including derivatives, foreign exchange, cash management, and trade finance.

About TPS:

Provides treasury products solutions, advice and expertise tailored to the specific needs of corporate, institutional, and government clients across the globe to manage their cash-flow and capital. Includes access to information, streamlined receivables and payables process, optimizing investments and deposits, correspondent banking, interest rate derivatives, corporate card and spend solutions

Responsibilities:

As a corporate banking analyst at BMO Capital Markets, you will gain valuable exposure to a wide number of industries. Key responsibilities include:

  • Processing client requests (e.g. new credit facilities and extensions and/or amendments to existing credit facilities).
  • Completing annual / interim credit reviews. Credit reviews include industry and financial analysis comprising of: operating performance, cash flow, leverage, coverage and liquidity, as well as capital-at-risk and other regulatory capital calculations.
  • Monitoring performance of portfolio companies against credit terms and conditions and identify changes in the financial condition of a client.
  • Preparing presentation materials and relationship profitability assessments, which involve liaising with other product and industry groups within BMO Capital Markets.
  • Performing other duties including industry and company-specific research, as well as ad hoc projects for senior professionals.

Qualifications:

  • Undergraduate candidate in business/accounting/finance
  • Preferred minimum GPA of 3.4/4/0
  • Strong interest in finance and banking.
  • Demonstrated leadership in extracurricular activities.
  • Strong financial analysis and modeling skills.
  • Proficient in Word/Excel/PowerPoint.
  • Strong communication skills both written and verbal
  • Detail oriented.
  • Highly motivated, fast learning and able to work with limited supervision and adapt to frequent market, systems, and process changes.
  • Outgoing and personable; team player able to work effectively in small groups.
  • Knowledgeable in the principles of finance and the financial markets. Comfortable working in a fast-paced environment.
  • Previous banking or credit risk management experience preferred.
  • Legally authorized to work in the U.S. and will not require sponsorship in the future

Compensation and Benefits:

The base salary represents BMO Financial Group's hiring range for this position. Actual salaries will vary and will be based on various factors, such as location, skills, experience, and qualification for the role. Salaries for part-time roles will be pro-rated based on number of hours regularly worked.

Base salary is one component of BMO Financial Group's total compensation package for employees, which may include performance-based incentives, commissions or 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: www.bmousbenefits.com.

We're here to help

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 committed to an inclusive, equitable and accessible workplace. By learning from each other's differences, we gain strength through our people and our perspectives. BMO is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

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.

Date Posted

09/18/2023

Views

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