Senior Associate, Asset Based Lending

Sr. Associate, Asset Based Lending-Chicago Application Deadline: 07/25/2026 Address: 320 S Canal Street Job Family Group: Commercial Sales & Service 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 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 client Applies knowledge in bank products, processes and systems and effectively troubleshoots to ensure a high‑quality client experience May coordinate 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 Spanish language skills desired, not required Qualifications Typically between 3 - 5 years of relevant experience and post‑secondary degree in related field of study or an equivalent combination of education and experience helpful 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, experience in financial statement analysis and modeling is expected Influence skills – In‑depth Data driven decision making – In‑depth Salary $69,000.00 - $127,800.00 Pay Type Salaried Compensation Summary Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role. Compensation may include performance‑based incentives, discretionary bonuses, and other perks and rewards. Benefits 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. Accommodations 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