Vice President - PM1

• Manage [13 - 15] portfolio accounts as a PM1
• Lead the UW for new deals and amendments
  • Work alongside senior originator, but the vast majority of due diligence, memo writing, legal documentation, etc will be led by this individual. This role will have support on every new deal and portco via 1-2 junior colleagues (analyst/associate/AVP)
• Adds additional support to vertical Team Lead on SAMU accounts & secondment role. May act as a SAMU secondment on portcos over time.

• Attend internal meetings around PM best practices/new guidelines/systems
• Center of excellence on operational and policy and procedures with assistance/guidance from the Head of UW
• Assist Head of UW with training sessions for junior resources
• Help rotators during rotation in a vertical (if assigned)
• Work with Asset Management to understand current checklists and programs to be a center of excellence for new deals.
• Assist Head of UW and Team Leads with various data requests as well as management of portfolio with credit.
• Develop tools and best practices for portfolio management
• Could take over staffing of deals with assistance or in support of the Team Lead

Opportunities:

• Higher visibility internally with senior leadership/other parts of bank
• Leadership of rotators through a vertical (point person) - assist in assessment and evaluation of said rotators to provide consistent feedback on performance and goals.
• Eventually, if they would like and team staffing would support it, potentially be a manager to team Analysts & Associates
• Would be assigned to a vertical as an integral member of the team but could cross verticals when/if capacity constraints arise.
• Client calling and travel for borrower and management team visits.
• Will interface with sponsor clients via feedback on new deals, diligence, amendments, etc.
• Potential for higher sign off, approval of certain deals/transactions with demonstrated experience and capability.
• Ultimately could evolve into the “head of UW” for each respective vertical

Salary:

$120,000.00 - $222,600.00

Pay Type:

Salaried

The above represents BMO Financial Group’s pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.

BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards

About Us

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset.

To find out more visit us at https://jobs.bmo.com/us/en

BMO is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristics. We also consider applicants with criminal histories, consistent with applicable federal, state and local law.

BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to BMOCareers.Support@bmo.com and let us know the nature of your request and your contact information.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.