Asset Based Lending Vice President Portfolio and Underwriting

Application Deadline 07/09/2026 Location 320 S Canal Street, Chicago Job Family Group Commercial Sales & Service Position Overview The position is a PM/Underwriting role, inclusive of current and new customer calling and pitching. As PM, the hire would manage 7-10 primarily leads and some participations, while also managing the underwriting of new borrowers and helping train younger team members. The role is involved in decisioning and analysis of all types of credit information to support lending decisions for BMO. Position to be located in Chicago to support the market team. Responsibilities Oversees credit and legal documentation and ongoing monitoring of asset and client performance Provides accurate financial analysis and risk assessment of new and existing customers Oversees preparation of concise, well reasoned credit correspondence Coordinates the preparation of lending proposals and pitches to prospective clients with efforts to maximize penetration and returns Negotiates transactions with clients and provides deal structuring expertise Manages workflow of other analysts by aligning tasks with departmental goals and objectives Develops credit information to make lending decisions on new, renewal and extension loans Assists in negotiations of terms and conditions of all decisions made via phone and e‑mail interaction with clients Prepares summary, presents facts and offers opinions concerning credit worthiness Establishes cross‑selling initiatives to increase penetration with clients Applies knowledge in bank products, processes and systems and effectively troubleshoots to ensure a high‑quality client experience Coordinates closing with closing department, clients and attorneys Minimizes BMO's risk exposure by adhering to internal credit policies and procedures with respect to lending decisions 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 Typicaly between 7+ years of relevant experience and a post‑secondary degree in a related field or an equivalent combination of education and experience Deep knowledge and technical proficiency gained through extensive education and business experience In‑depth verbal & written communication skills In‑depth collaboration & team skills In‑depth analytical and problem‑solving skills, including financial statement analysis and modeling expertise Influence skills – in‑depth Data‑driven decision making – in‑depth Salary & Pay Type Salary : $122,400.00 – $228,000.00 Pay Type : Salaried 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. Equal Opportunity Employer 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 View email address on click.appcast.io and let us know the nature of your request and your contact information. #J-18808-Ljbffr Hispanic Alliance for Career Enhancement