BMO Financial Group Private Banking Lending Specialist (9 month contract) in British Columbia, Canada


The Lending Specialist takes a proactive and client-focused approach to provide comprehensive client discovery, credit analysis, effective structuring, quality decisions as well as accurate, effective portfolio monitoring, and correction or advice of deficiencies and exceptions. Following standard processes and leveraging credit expertise, this specialist role provides advice and support where needed so that Private Bankers can focus on growing revenue from prospects and clients.

Business Delivery and Operations

  • Follow consistent workflow processes to ensure timely and accurate turnaround for the client.

  • Where necessary meet with the client in person to complete loan applications/annual reviews.

  • Complete comprehensive risk analysis, design appropriate credit structure and terms; prepare and approve or submit credit applications within prescribed limits.

  • Ensure the completeness and accuracy of loan security documentation, conditions precedent, margins and compliance tests. Where requested provide authorization for loan drawdowns as per terms and conditions of authorized credit; assess significance of any security or condition shortfalls to determine required action including escalation in situations where shortfall materially impacts credit risk.

  • Directly manage scheduled credit reviews and credit memorandums.

  • Monitor and action specified personal loan reports including regularization of overdrafts and identification and resolution of exceptions.

  • Maintain accurate documentation and ensure that security continues to be perfected.

  • Investigate, analyze and resolve client issues in a timely, efficient and effective manner ensuring the highest level of client satisfaction.

  • Identify revenue and profitability shortfalls.

  • Participate in collaborative programs and strategies to contribute to the growth and profitability of team portfolios.

  • Project a professional and consistent image by adhering to organization’s brand, corporate identity and standards.

  • Contribute to the client experience as a member of a highly functional deal team, with accountability to attend client meetings in support of the Lead Relationship Manager.

  • Recommend and monitor pricing arrangements for Treasury Accounts, fee arrangements, and other pricing analysis and recommendations in accordance with the Bank’s Policies & Procedures and other published instructions.

  • Fulfill requests for non-credit related activities, as requested.

Risk Management and Control

  • Manage the risk of assigned portfolios in a timely and precise manner, focusing on quality of information, analysis, and credit recommendations to ensure the profitable execution of sale of credit products and services to Platinum Banking clients.

  • Follow processes to ensure accurate and comprehensive investigation, analysis and due diligence is conducted under the Personal Lending Processes.

  • Manage risk and minimize losses through monitoring and control reports, ensuring that compliance requirements, audits and verifications are completed in accordance with Bank Policies and Procedures and all legal, regulatory and ethical requirements.

  • Manage overdue credit reviews ensuring any potential risks associated with delays are addressed appropriately.

  • Proactively identify risks in the portfolios and conduct risk analysis to share with Private Bankers for discussion with clients as appropriate.

  • Document and follow-up on discrepancies that represent significant operational risk and escalate as required.

  • Initiate the engagement of appropriate BMO Private Banking partners and Credit early in the process when significant deteriorating trends are evident, working with them to engage other BMO specialty roles and/or Collections/SAMU, as appropriate to ensure Bank assets are adequately protected.

  • Maintain up-to-date knowledge and understanding of products, processes, and relevant legal, regulatory and technology requirements through audits and quality checks, to ensure decisions are adequately documented and clearly communicated.

  • Exercise individually held personal unilateral discretionary limits, as well as any held prescribed approval discretionary limits (i.e. overdraft, credit applications) ensuring credit decisions and recommendations are in accordance with sound credit-granting principles and in compliance with the Bank’s philosophy and principles as outlined in Corporate Risk Policy as well as appropriate supporting Policies and Procedures.

  • Ensure adherence to all aspects of First Principles, our Code of Business Conduct and Ethics, including individual accountability as it relates to potential conflicts of interest, safeguarding of client information, trading in securities, anti-money laundering, privacy and disclosure of outside business activities.

  • Follow security and safeguarding procedures and apply appropriate due diligence in accordance with Bank policy for the prevention of loss due to fraud, robbery, counterfeiting, money laundering or defalcation.

  • Protect the Bank’s assets and maintain portfolio quality by adhering to all everyday banking, business banking, investment and lending regulations, policies and procedures, legal and ethical requirements, lending process requirements and established risk guidelines.

Change and Innovation

  • Support BMO Private Banking sales process and client experience, identifying gaps, issues and best practices.

  • Increase the effectiveness and efficiency of existing operational methods and workflows by identifying, recommending and implementing process improvements.

  • Develop suggestions and alternatives that meet or exceed the client’s objectives.

  • Embrace and support the process of change within BMO Private Banking.

  • Fulfill project-related activities as requested.


  • Maintain effective relationships with Private Bankers and other deal team partners to build a collaborative working environment that focuses on client needs and the delivery of the desired client experience.

  • Ensure the integrity of the integrated offer and a client-centred culture is supported and enhanced through the delivery of banking products.

  • Develop and coordinate relationship activities with deal team members and internal groups.

  • Support team members in handling workflow and volume during peak periods to ensure effective completion of work.

  • Assist Private Bankers in the development of lending, financial planning and other wealth management solutions as required.

  • Support orientation elements of training and development plans for new banking personnel to ensure they have the required knowledge and exposure for Platinum Banking delivery.

  • Develop and share credit expertise with colleagues to continually improve the overall abilities of the regional team.



  • Undergraduate University Degree or equivalent

  • 5 - 7 years banking experience

  • Expert knowledge of BPB processes & procedures, and interrelationships

  • In-depth knowledge of technical aspects of BMO products and services

  • Working understanding of risk management parameters

  • Working knowledge of personal credit and non-credit products

  • Working knowledge of loan audit & compliance requirements


  • Consistently demonstrates personal credit expertise

  • Personal discretionary limits

  • Experience in orienting new hires and job shadowing

  • Experience maintaining portfolio quality on portfolios with personal clients

  • Impacts and influences others at an working level

  • Working level communication and relationship development skills

  • Planning and organizing skills and ability to manage multiple priorities

  • Self-motivated and a team player

  • Working level skills in interviewing high net-worth clients; learning to conduct deeper client discovery

  • Presents professional image to high net worth clients and positions role with the deal team

  • Strong client service orientation

At our company, we have been helping our customers and communities for over 195 years. Working with us means being part of a team of talented and passionate individuals with a shared focus on working together to deliver great customer experiences. We stand behind your success with the support you need to turn your potential into performance.

To find out more visit our website at .

BMO Financial Group is committed to an inclusive, equitable and accessible workplace. By embracing diversity, we gain strength through our people and our perspectives. We welcome and encourage applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.

Job Field:

Wealth Management

Job Schedule:


Primary Location:

Canada-British Columbia-Vancouver