Talent.com
AVPVP Special Assets Management
AVPVP Special Assets ManagementBank of Montreal • Chicago, Illinois, USA
AVPVP Special Assets Management

AVPVP Special Assets Management

Bank of Montreal • Chicago, Illinois, USA
7 days ago
Job type
  • Full-time
  • Part-time
Job description

Application Deadline :

Address :

320 S Canal Street

Job Family Group :

Customer Shared Services

Delivers an exceptional customer experience for a defined portfolio of high risk borrowing accounts by applying expertise to reduce the Banks loss exposure and manage risks. Advises internal and external stakeholders on complex high-risk credit risk transactions and mitigation strategies. Makes credit decisions / recommendations in accordance with sound credit-granting principles and in compliance with Bank Policy & Procedures. Works with stakeholders to deepen relationships and grow the overall profitability of the portfolio.

  • Recommends alternatives to credit proposals e.g. restructuring of the application and / or use of special loan plans available.
  • Contributes to the development and implementation of lending related policies and procedures.
  • Acts as a trusted advisor to assigned business / group.
  • Influences and negotiates to achieve business objectives; includes action plans with debtor and guarantors.
  • Recommends and implements solutions based on analysis of issues and implications for the business.
  • Assists in the development of strategic plans.
  • Identifies emerging issues and trends to inform decision-making.
  • Identifies business needs designs / develops tools and training programs; may include delivery of training to audiences.
  • Helps determine business priorities and best sequence for execution of business / group strategy.
  • Conducts independent analysis and assessment to resolve strategic issues.
  • Ensures alignment between stakeholders.
  • Integrates information from multiple sources to enable more efficient processes enhanced analysis and / or streamlined reporting.
  • Employs systems (e.g. customized exception reports tracking reports etc.) to manage information.
  • Breaks down strategic problems and analyses data and information to provide insights and recommendations.
  • Builds change management plans of varying scope and type; leads or participates in a variety of change management activities including readiness assessments planning stakeholder management execution evaluation and sustainment of initiatives.
  • Leads or participates in defining the communication plan designed to positively influence or change behaviour; develops tailored messaging; and identifies appropriate distribution channels.
  • Provides technical expertise to other team members acting as a go-to person for the team.
  • Supports the manager by coordinating and managing workflow and exception requests; escalates any concerns.
  • Provides input into the planning and implementation of operational programs.
  • Monitors the financial and risk performance of account portfolio; performs financial and risk analysis of customer and account information to provide insights and recommendations on how to improve quality liquidity and Banks security position.
  • Documents decisions on credit transactions with rationale that can be understood and explained to customers.
  • Identifies and advises on terms conditions and collateral requirements for the transaction decision as well as alternative solutions.
  • Keeps abreast of economic and market developments within the portfolio to inform decision making and credit risk policies.
  • Maintains and enhances knowledge around lending issues including loan structure collateral foreclosure bankruptcy and the various regulations that directly impact the Bank.
  • Provides credit risk coaching and advice to sales & service employees to increase awareness of risk policy and knowledge of structuring transactions.
  • Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.
  • Builds effective relationships with internal / external stakeholders; includes legal and insolvency professionals and other consultants / advisors in the commercial business community.
  • Gathers and formats data into regular and ad-hoc reports and dashboards.
  • Monitors and tracks performance and addresses any issues.
  • Provides input into the planning and implementation of operational programs.
  • Executes work to deliver timely accurate and efficient service.
  • Focus is primarily on business / group within BMO; may have broader enterprise-wide focus.
  • Provides specialized consulting analytical and technical support.
  • Exercises judgment to identify diagnose and solve problems within given rules.
  • Works independently and regularly handles non-routine situations.
  • Broader work or accountabilities may be assigned as needed.

Qualifications :

  • Typically between 5 - 7 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
  • Credit Qualifications and associated credit knowledge and skills according to the established qualification standards.
  • In-depth knowledge of banking products & services.
  • In-depth knowledge of industry trends and regulations.
  • In-depth knowledge of credit portfolio management policies & procedures and financing guidelines.
  • Proven leadership skills and highly developed coaching skills.
  • Deep knowledge and technical proficiency gained through extensive education and business experience.
  • Verbal & written communication skills - In-depth.
  • Collaboration & team skills - In-depth.
  • Analytical and problem solving skills - In-depth.
  • Influence skills - In-depth.
  • Data driven decision making - In-depth.
  • Salary :

    $81400.00 - $151800.00

    Pay Type : Salaried

    The above represents BMO Financial Groups 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 Groups expected target for the first year in this position.

    BMO Financial Groups 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 : 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. Well 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 well help you gain valuable experience and broaden your skillset.

    To find out more visit us at 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 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.

    Required Experience :

    Exec

    Key Skills

    Presentation Skills,Risk Management,Financial Services,IFRS,Banking,Pricing,Analysis Skills,Securities Law,Investment Banking,Relationship Management,Strategic Planning,Leadership Experience

    Employment Type : Full-Time

    Experience : years

    Vacancy : 1

    Monthly Salary Salary : 81400 - 151800

    Create a job alert for this search

    Asset Management • Chicago, Illinois, USA

    Related jobs
    AVP, Specialty Underwriting & Portfolio Leadership

    AVP, Specialty Underwriting & Portfolio Leadership

    Capital One • Chicago, IL, United States
    Full-time
    A leading financial institution in Chicago is seeking an experienced professional to underwrite leveraged debt transactions and manage a portfolio of accounts. The ideal candidate will have at least...Show more
    Last updated: 17 hours ago • Promoted • New!
    Portfolio Manager - AVP - Leveraged Finance

    Portfolio Manager - AVP - Leveraged Finance

    Associated Banc-Corp • Chicago, IL, United States
    Full-time
    At Associated Bank we strive to create an inclusive culture where different perspectives are valued and recognized as strengths critical to our success. If you thrive in an environment where your gr...Show more
    Last updated: 11 days ago • Promoted
    VP Asset Management

    VP Asset Management

    Connect Search, LLC • Chicago, IL, US
    Full-time
    F4CD; Chicago Loop (Hybrid 3 / 2 schedule).We’re partnering with a top-tier private equity real estate investment firm to hire a. Vice President of Asset Management.This role offers high visibil...Show more
    Last updated: 17 days ago • Promoted
    Portfolio Manager - AVP - Leveraged Finance

    Portfolio Manager - AVP - Leveraged Finance

    Associated Bank - Corp • Chicago, IL, United States
    Full-time
    As an Associate Portfolio Manager in Leveraged Finance, you will support the underwriting and monitoring of higher‑leverage commercial credits and assist with the evaluation of new sponsor‑backed o...Show more
    Last updated: 7 days ago • Promoted
    AVP, Finance - FP&A

    AVP, Finance - FP&A

    Wintrust Financial Corporation • Chicago, IL, United States
    Full-time
    AVP, Finance - FP&A page is loaded## AVP, Finance - FP&Alocations : Rosemont, ILtime type : Full timeposted on : Posted Todayjob requisition id : 251698Wintrust provides community and commercia...Show more
    Last updated: 11 days ago • Promoted
    VP Portfolio Management

    VP Portfolio Management

    The Scion Group • Chicago, Illinois, United States
    Full-time
    Quick Apply
    Want to learn more about The Scion Group? We are interested in every qualified candidate who is eli...Show more
    Last updated: 30+ days ago
    AVP of Trading and Portfolio Management

    AVP of Trading and Portfolio Management

    Tidal Financial Group • Chicago, IL, United States
    Full-time
    The Tidal Financial Group is a leading ETF investment technology platform dedicated to creating, operating, and growing ETFs. We combine expertise and innovative partnership approaches to offer comp...Show more
    Last updated: 5 days ago • Promoted
    AVP, Underwriting - Financial Institutions

    AVP, Underwriting - Financial Institutions

    QBE Insurance Group Limited • Chicago, IL, United States
    Full-time +1
    The purpose of this role is to support strategic direction for the Financial Institutions management liability portfolio in the Central region, ensuring growth and profitability.This role involves ...Show more
    Last updated: 27 days ago • Promoted
    AVP, Commercial Partnerships

    AVP, Commercial Partnerships

    Braze • Chicago, IL, United States
    Full-time
    At Braze, we have found our people.We're a genuinely approachable, exceptionally kind, and intensely passionate crew.We seek to ignite that passion by setting high standards, championing teamwork, ...Show more
    Last updated: 19 days ago • Promoted
    AVP, P&C Underwriting

    AVP, P&C Underwriting

    Argonaut Management Services, Inc • Chicago, IL, United States
    Full-time
    Argo Group International Holdings, Inc.American National, US based specialty P&C companies, (together known as BP&C, Inc. Brookfield Wealth Solutions, Ltd.BWS"), a New York and Toronto-listed public...Show more
    Last updated: 30+ days ago • Promoted
    Vice President, Portfolio Valuation and Fund Advisory Services – Multiple Locations

    Vice President, Portfolio Valuation and Fund Advisory Services – Multiple Locations

    Houlihan Lokey - Experienced Careers • Chicago, IL, United States
    Full-time
    Financial and Valuation Advisory.NYSE : HLI) is a global investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, and financial and valuation advisory.Hou...Show more
    Last updated: 13 days ago • Promoted
    AVP, Major Accounts Segment Leader

    AVP, Major Accounts Segment Leader

    Chubb • Chicago, IL, US
    Full-time
    Focus on the core content of the job post, removing all extra metadata, navigation mentions, and redundant headers.Keep the content beautiful and concise, removing any unnecessary details or format...Show more
    Last updated: 30+ days ago • Promoted
    Commercial Real Estate Banker - AVP / VP

    Commercial Real Estate Banker - AVP / VP

    Wintrust Financial • Glenview, IL, United States
    Full-time
    Wintrust provides community and commercial banking, specialty finance and wealth management services through its 16 bank charters and nine non-bank businesses. Wintrust delivers the sophisticated so...Show more
    Last updated: 30+ days ago • Promoted
    AVP, Financial Reporting & Strategy Lead

    AVP, Financial Reporting & Strategy Lead

    Oliver James Associates Ltd. • Chicago, IL, United States
    Permanent
    A leading insurance organization in Chicago seeks an experienced Assistant Vice President for Financial Reporting.You will guide financial governance, oversee regulatory compliance, and lead a fina...Show more
    Last updated: 2 days ago • Promoted
    AVP, Major Gifts & Strategic Partnerships

    AVP, Major Gifts & Strategic Partnerships

    Shirley Ryan AbilityLab • Chicago, IL, United States
    Full-time
    A leading rehabilitation institute in Chicago is seeking a Major Donors and Partner Engagement Associate Vice President to lead its fundraising strategy. This role entails managing a high-performing...Show more
    Last updated: 6 days ago • Promoted
    VP, Asset Management, Multifamily

    VP, Asset Management, Multifamily

    Heitman • Chicago, IL, United States
    Full-time
    Heitman is seeking a seasoned Asset Manager to join our North American Private Equity team.We're looking for a strategic and results-driven professional with deep expertise in the multifamily asset...Show more
    Last updated: 15 days ago • Promoted
    Portfolio Manager - AVP - Leveraged Finance

    Portfolio Manager - AVP - Leveraged Finance

    Associated Bank • Chicago, IL, United States
    Full-time
    At Associated Bank we strive to create an inclusive culture where different perspectives are valued and recognized as strengths critical to our success. If you thrive in an environment where your gr...Show more
    Last updated: 9 days ago • Promoted
    VP Portfolio Management

    VP Portfolio Management

    The Scion Group • Chicago, IL, United States
    Full-time
    We are interested in every qualified candidate who is eligible to work in the United States.However, we are not able to sponsor visas. Scion is redefining the future of student living, and we are se...Show more
    Last updated: 13 days ago • Promoted