BMO Financial Group Credit Analyst, Commercial Mortgages, Real Estate Finance in Ontario, Canada
The Commercial Mortgage Analyst is mandated to assist in the design and implementation of processes to centralize portfolio management tasks related to the administration of Income Property Loans within Real Estate Finance’s Investor Owned loan portfolio, and Letters of Credit within Real Estate Finance’s Builder Developer loan portfolio. In this capacity the role will assist in the performance of annual reviews and renewals of Real Estate Finance Income Property Loans and Letters of Credit. These duties are expected to expand over time as the scope of mortgage centralization expands to include underwriting support for new Real Estate Finance Income Property Loans, and other portfolio management and monitoring functions, with a view to decreasing the administrative workload and increasing the origination capacity of Real Estate Finance Account Managers.
The Commercial Mortgage Analyst will also provide general analytic and portfolio management support relating to the administration of Real Estate Finance’s loan portfolio.
Portfolio Management Support
Perform annual reviews and renewals of Income Property Loans and Letters of Credit managed by Real Estate Finance. Loans to be reviewed may include such facilities as commercial mortgages, fixed rate term loans, demand loans, and cash secured letters of credit.
Assist in the design and implementation of processes to centralize portfolio management functions currently performed in Real Estate Finance regional offices.
Leverage technology and analytic tools to ensure the optimal effectiveness of centralized portfolio management functions.
Demonstrate proficient computer literacy and spreadsheet modeling skills, communication skills (both written and oral), time management and organizational skills.
Engage the support and assistance of business partners including Credit, GFS, Policy, CFD National Office, and Mortgage Operations.
Perform portfolio analysis and reporting as required, and develop business systems as necessary.
Develop commercial real estate market expertise with all national markets and real estate asset classes through the regular collection and analysis of market information.
Develop relationships with external business partners across the commercial mortgage and commercial real estate industries, to assist with collecting market information and developing subject matter expertise.
- Assist the Managing Director Commercial Mortgages and Commercial Mortgage Underwriter as required to facilitate the achievement of new initiatives, project deliverables and overall objectives.
Risk & Compliance
- Support the development and documentation of regulatory and compliance attestations, ensuring accuracy and completeness.
KNOWLEDGE AND SKILLS
SKILLED KNOWLEDGE AND ROLE REQUIREMENTS :
3-5 years commercial experience
Highly developed written and oral communication skills.
Expertise in financial computer applications and database management tools including MS Excel, other Microsoft Office Products and the Internet
Highly skilled in building financial models
Strong interpersonal skills used within a demanding team environment.
Ability to effectively manage competing priorities and timelines
Excellent capability to independently function as part of a team through self-motivation.
Ability to interact effectively with customers; internally and externally
An graduate degree/CA/CGA/CFA or comparable with outstanding academic achievement
A strong working knowledge of finance, accounting, economics
In-depth understanding of commercial products, commercial loan documentation, commercial lending and supporting processes.
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 www.bmo.com/careers .
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.