The Portfolio Manager I supports the ongoing administration, monitoring, documentation, and servicing of assigned lending portfolios after closing. This position helps maintain portfolio quality, timely financial and collateral documentation, accurate reporting, regulatory compliance, and a strong customer experience.
Responsibilities
Provide ongoing administrative and portfolio support for lending relationships following closing, including renewals, modifications, extensions, annual reviews, servicing requests, and other portfolio maintenance activities
Monitor assigned portfolios for upcoming maturities, financial statement requirements, covenant testing, insurance renewals, collateral documentation, lien perfection, exceptions, past-due status, and other required follow-up
Gather, organize, and review borrower and guarantor financial information, tax returns, collateral documentation, and supporting materials for completeness, accuracy, and consistency with approval terms
Support preliminary financial and credit review by identifying material changes, missing information, policy exceptions, documentation concerns, and emerging portfolio risks for escalation to the appropriate lender or manager
Review loan approvals and documentation to confirm that terms, collateral, lien position, insurance, and other requirements are accurately reflected and maintained
Requirements
High School diploma or GED
Associate degree in business, finance, accounting, or a related field preferred
Nice to have: Previous portfolio manager experience
Generate retail contracts and volume for the bank by establishing relationships with commercial retail businesses.
Seek and develop quality new business including profitable depository accounts.
Incumbent is responsible for the sound extension or denial of credit to customers seeking loans on a direct or indirect basis and is accountable for the terms extended on such credit.
Responsible for retail sales finance acquisition advising commercial business owners to market financing options to their potential customers.
Must actively participate in Customer Service First sales and service culture, support the values of the organization and follow established company policies and procedures.
Requirements
Bachelor’s Degree in business marketing, management, accounting or finance
The Document Control Center serves as the centralized receiving and processing hub for all legal loan documentation related to credits booked on the Advanced Commercial Banking System (ACBS).
Responsibilities
post-closing document review for compliance with internal, legal, and regulatory standards
identification and resolution of document exceptions
lien perfection for internally documented deals
document imaging and indexing for long-term storage
Cultivates, builds, and manages relationships with a portfolio of small business clients to build a pipeline of new business and increase BMO’s market share.
Compensation
$55,500.00 - $120,000.00
Responsibilities
Cultivates, builds, and manages relationships with a portfolio of small business clients
Applies professional consultative sales and business development practices
Proactively develops and executes sales strategies to attract new business clients
Develops internal and external networks and referral sources
Generates appointments and opportunities to grow business results
Lead independent underwriting and credit assessment of corporate clients across a broad range of banking products and transaction structures.
Compensation
With respect to this position in our New York Office, the expected base salary ranges from $150,000 to $180,000. It is not typical for offers to be made at or near the top of the range. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.
Responsibilities
Lead the independent underwriting and credit assessment of corporate clients across the full spectrum of relationship banking products
Evaluate complex transaction structures by assessing repayment capacity, collateral, legal structure, counterparty risk, and transaction-specific risks
Perform comprehensive financial analysis including historical performance, projected cash flows, liquidity, leverage, covenant capacity, sensitivity analyses, and downside stress scenarios
Review, interpret, and assess transaction documentation such as credit agreements, security documents, borrowing base provisions, trade finance documentation, leasing agreements, intercreditor agreements, ISDA Master Agreements, CSA documentation, guarantees, and other legal agreements
Present independent credit recommendations and risk opinions to senior management and Credit Committees