Commercial Credit Analyst

Job Description

Commercial Analyst Development Program | BMO U.S.

The Tone:
This is an early career role within BMO U.S., located in Milwaukee, WI. BMO is a financial group driven by the purpose to “Boldly Grow the Good in business and life,” creating lasting, positive change for its customers, communities, and people. This role is crucial for supporting commercial lending decisions and processes by analyzing credit information, assessing client creditworthiness, and maintaining an exceptional client service environment, directly contributing to economic growth and protecting the bank’s assets.

The TL;DR
• Role: Early Career
• Type: Salaried
• Location: In-person Milwaukee, WI
• Pay: $55000–$110000 yearly
• Team: Part of a Commercial Banking team, collaborating with Relationship Managers and business partners.
• Mission: 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.
• Tech Stack: Microsoft Office, Data analysis tools

What You’ll Actually Do
• Analysis: Perform financial analysis and calculations, assess client creditworthiness, and prepare detailed credit summaries, analyzing financial performance and risk profiles within the portfolio.
• Decision Support: Support credit-granting decisions by making recommendations to management and assisting in the negotiation and structuring of loans that align with client requirements and bank risk appetite.
• Portfolio Management: Monitor loan performance, portfolio compliance, and assess industry trends to identify risks and opportunities, taking corrective action when required.
• Relationship & Growth: Develop proposals to capture new business, expand client relationships, and identify revenue and cross-selling opportunities to enhance portfolio growth.
• Risk Mitigation: Minimize BMO’s risk exposure by adhering to credit policies, regulatory standards, and operational guidelines, ensuring the accuracy and integrity of loan documentation.

The Must-Haves
• Background: Bachelor’s degree in Business Administration, Finance, Accounting, or a related discipline.
• Experience: Preferred 1–3 years of relevant experience in credit, lending instruments, or financial operations in a corporate or banking environment.
• Skills: Financial Analysis, Credit Risk Assessment, Portfolio Management, Loan Structuring, Data analysis tools.
• Bonus: Credit Qualifications and associated credit knowledge and skills according to credit portfolio requirements and qualification standards.