Company:
BMO Financial Group
Location: toronto
Closing Date: 04/12/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description
Date limite pour présenter sa candidature :
12/26/2024
Adresse :
100 King Street West
Groupe de famille d'emploi :
Ventes et service, Marchés des capitaux
BMO Capital Markets BMO Capital Markets is a leading, full-service North American-based financial services provider offering 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. BMO Capital Markets has over 2,800 professionals in 35 locations around the world, including 23 offices in North America.
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$924 billion total assets and approximately 57,000 employees as of April 30, 2023.
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.
Global Markets Corporate Banking:
Global Markets Corporate Banking is an integral part of BMO Capital Markets’ Global Markets group, and provides and underwrites trading & loan credit facilities for a broad range of capital markets clients. The products include (but are not limited to): Derivatives, Securities Financing, Cash Products, Metals & Commodities Solutions, Margin Lending, CMBS warehouse, RMBS Warehouse, and Securitization Products. The group is organized under 7 key portfolios: Fund Managers, Hedge Funds, Commercial Mortgage Backed Securities (CMBS), Securitization & Structured Margin Loans, Commodities & Metals, Single Products, and Mortgage Originators + Broker Dealers). The group is responsible for underwriting, obtaining credit approvals, ongoing portfolio management, and maintaining strong client relationships.
What will you do?
Research and analyze financial and operating information relating to current and prospective companies and industries.
Prepare concise, accurate and well-reasoned written credit applications and memoranda for both new and existing transactions for presentation to Credit.
Maintain current financial information on clients in order to perform timely annual reviews, financial covenants, and internal trigger monitoring.
Perform financial statement analysis including completion of spreading software (RRT).
Conduct credit risk analysis of transactions using all available sources of information including, but not limited to financial statements, legal documentation, etc.
Assess financial soundness of counterparties including appropriate debt levels, debt service and repayment capabilities.
Analyze transactions for structural strengths and weaknesses and structure appropriately to mitigate weaknesses.
Review credit documentation for conformity with approved Credit terms and conditions.
Partnership Efforts
Liaise with Global Markets areas and with various lines of business and operational areas of the Bank as required.
Support Global Markets areas on portfolio management needs and growth initiatives of the business.
Assist in updating Financing Guidelines.
Participate in various projects as required.
What you will need to succeed
An undergraduate degree with outstanding academic achievement. Specific academic coursework in finance, economics, or accounting is preferred.
Exposure with corporate banking experience in a corporate lending environment
Credit analysis exposure.
General knowledge of loans and derivative facilities.
Knowledge of capital markets, investment banking products and applicable regulations.
Knowledge of organizational lending and portfolio management policies and objectives.
Excellent analytical skills to include business, financial, and credit analysis areas.
Strong interpersonal skills used within a collaborative and demanding team environment.
Strong proficiency in other Microsoft Office products including MS Word and PowerPoint.
Strong ability to attentively review, assess, and provide detailed information daily on multiple projects in an organized manner.
Proficiency in building cash flow and other financial models is beneficial.
Qualifications:
As an Analyst you will be part of a dynamic corporate banking environment. We are looking for highly motivated, mature individuals with:
Currently enrolled in an undergraduate or Master’s degree program with a graduation date of December 2024 or Spring 2025
A minimum GPA of 3.4/4.0;
Minimum of two finance and accounting classes with grades “B” or higher;
Outstanding academic, achievement and peer recognition;
Demonstrated leadership in extracurricular activities;
Strong financial analysis and modeling skills;
Proficient in Word/Excel/PowerPoint;
Effective written and verbal communication skills are essential for presenting and writing reports;
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;
How to Apply:
Please ensure the following items are submitted in your application:
1. Resume
2. Transcript (required for application consideration - please upload it in the resume section when applying in BMO’s Workday application
The campus new grad job description above aligns to the internal full time job description below:
Supports the origination and structuring of corporate lending transactions, and coordinates with other products as an integral part of a larger coverage team that maintains strong client relationships. Includes providing lending expertise for a variety of sectors, establishing credit facilities to support trading products business and facilitating credit approvals in support of Trade Finance products. Cross sells Corporate Banking products (e.g. FX / treasury products, cash management & corporate cards, commodities, investment management, securitization, leasing, Trade Finance products, etc.) to BMO Capital Market clients. Also provides ongoing management of the lending portfolio.
Develops written internal and external marketing pitch material.
Supports deal teams in development, presentation, and winning mandates.
Reviews and assists in preparation of credit documentation (i.e. including applications, memoranda, presentations, etc.) for internal and external stakeholders.
Seeks to develop an understanding of client needs and outcomes.
Identifies opportunities for increased efficiency and improved service to internal and external clients.
Provides analytical findings to deal teams.
Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.
Builds effective relationships with internal/external stakeholders.
Ensures alignment between stakeholders.
Researches and analyzes financial and operating information relating to companies and industries.
Performs complex financial modeling and runs valuation analysis as part of client/ industry evaluations.
Creates statistical exhibits and trend analysis of financial performance for client presentations.
Completes due diligence and credit analysis on new and existing client relationships.
Prepares industry compilations.
Completes quality reports/analyses.
Applies technical concepts and understands implication of work to client/transaction.
Develops an understanding of and proficiency in using all required systems and models.
Provides feedback on, and, supports continuous improvement opportunities.
Integrates information from multiple sources to enable more efficient processes, enhanced analysis and/or streamlined reporting.
Considers risk, internal controls and compliance as part of day-to-day accountabilities and adheres to policies and procedures.
Focus may be on a business/group.
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:
Typically between 3 - 5 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
Undergraduate degree has academic coursework in finance, economics, or accounting with an outstanding academic achievement.
Has financial analysis training and experience.
Has up to 3 years of relevant experience within investment and/or corporate banking unit.
Excellent analytical skills. Highly skilled in building complex financial models.
Expertise in financial computer applications and database management tools.
Skilled in creating statistical presentations.
Specialized knowledge from education and/or business experience.
Verbal & written communication skills - In-depth.
Collaboration & team skills - In-depth.
Analytical and problem solving skills - In-depth.
Influence skills - In-depth.
Please note the salary for this specific position is $90,000
Salaire :
Type de rémunération :
Salaire
Ce qui précède représente la fourchette et le type de rémunération de BMO Groupe financier.
Les salaires varieront en fonction de facteurs comme l’emplacement, les compétences, l’expérience, les études et les qualifications pour le poste et pourront inclure une structure de commissions. Les salaires pour les postes à temps partiel seront calculés au prorata du nombre d’heures travaillées régulièrement. Pour les rôles à commission, le salaire susmentionné représente la cible de BMO Groupe financier pour la première année au poste.
La rémunération totale offerte par BMO variera selon le type de rémunération associé au poste et peut comprendre des primes de rendement, des primes discrétionnaires ainsi que d’autres avantages et récompenses. BMO offre également une assurance santé, le remboursement des frais de scolarité, une assurance accident et une assurance vie, ainsi que des régimes d’épargne-retraite. Pour en savoir plus sur nos avantages sociaux, consultez le site : https://jobs.bmo.com/ca/fr/R%C3%A9mun%C3%A9ration-globale
Ici, pour vous.
À BMO, nous sommes animés par une raison d’être commune : Avoir le cran de faire une différence dans la vie, comme en affaires. Cette raison d’être nous invite à entraîner des changements positifs et durables pour nos clients, nos collectivités et nos gens. En travaillant ensemble, en innovant et en repoussant les limites, nous transformons des vies et des entreprises et favorisons la croissance économique partout dans le monde.
En tant que membre de l'équipe de BMO, vous êtes valorisé, respecté et entendu, et vous avez plus de moyens pour progresser et obtenir des résultats. Nous nous efforçons de vous aider à obtenir des résultats dès le premier jour, pour vous-même et nos clients. Nous vous offrirons les outils et les ressources dont vous avez besoin pour franchir de nouvelles étapes, car vous aidez nos clients à franchir les leurs. Au moyen de formation et de coaching approfondis ainsi que de soutien de la direction et d'occasions de réseautage, nous vous aiderons à acquérir une expérience enrichissante et à élargir votre groupe de compétences.
Pour en savoir plus, visitez-nous à l'adresse https://jobs.bmo.com/ca/fr.
BMO s'engage à offrir un milieu de travail inclusif, équitable et accessible. Nous apprenons de nos différences et tirons notre force des gens et de leurs différents points de vue. Des mesures d’adaptation sont disponibles sur demande pour les candidats qui participent à tous les aspects du processus de sélection. Pour demander des mesures d’adaptation, veuillez communiquer avec votre recruteur.
Remarque aux recruteurs : BMO n’accepte pas les curriculum vitæ non sollicités provenant de toute source autre que le candidat directement. Tout curriculum vitæ non sollicité envoyé à BMO, directement ou indirectement, sera considéré comme la propriété de BMO. BMO ne paiera aucuns frais pour les placements découlant de la réception d’un curriculum vitæ non sollicité. Une agence de recrutement doit d’abord détenir une entente de service écrite valide et dûment signée avant d’envoyer des curriculum vitæ.
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