Associate, Corporate Banking- FIG Insurance
Job Description
Description
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The Associate will work for the Corporate Banking – Global Financial Institutions Group – Insurance Team, which has a global platform with a growing and dynamic presence in the U.S. combined with a very strong and stable presence in Canada. The Associate will assume both a Portfolio Management and Relationship Management role.
The Corporate Banking Insurance team supports the origination and structuring of corporate lending transactions, and coordinates with other product teams as an integral part of a larger capital markets coverage team that maintains strong client relationships. The Corporate Banking team is responsible for completing credit due diligence in establishing and maintaining credit lines that are needed to facilitate Lending, Trade Finance, Cash Management and Trading transactions for Insurance clients.
- Prepares credit documentation (i.e. including credit applications, underwriting memoranda, presentations, annual reviews, etc.) for internal and external stakeholders.
- Directly manages a diverse portfolio of Insurance companies with progression toward increasing client responsibility.
- Reviews and continually monitors performance of existing accounts and client relationships from both an ROE and credit quality perspective.
- Provides deal structuring expertise and negotiates transactions with clients.
- Applies appropriate Insurance technical concepts and completes/leads consistent and reliable technical and financial reports/analyses to support credit and client deliverables.
- Completes due diligence and credit analysis on new and existing client relationships. Includes client visits, analysis of business models, and comprehensive review of industry trends and related regulations.
- Breaks down strategic problems, and analyses data and information to provide insights and recommendations.
- Understand complexity of transactions and related risk (credit, market, operational, legal/compliance, etc.).
- Balances the
Company
BMO
Location
Toronto
Country
Canada
Salary
100.000
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