Credit Analyst - Asset Based Lending - Chicago, IL (New Grad)

Job Title: Credit Analyst, Asset Based Lending Description: The Credit Analyst will join a structured rotational program with a cohort of several other Credit Analysts intended to develop broad asset‑based lending credit skills and support the broader initiatives of the US Asset Based Lending group within BMO’s US Commercial Bank. Analysts will rotate between portfolio teams, gaining hands‑on exposure to evaluating prospects for creditworthiness, credit reviews, portfolio monitoring, risk rating, covenant compliance, and collateral diligence. This role will assist in making credit decisions and recommendations in accordance with sound credit‑granting principles and in compliance with Bank Policies & Procedures. Responsibilities Analyzes credit information to support lending decisions for new and existing commercial banking loans and credit solutions in an assigned portfolio of clients. Makes credit decisions and recommendations in compliance with bank policies and procedures while maintaining an exceptional client service environment. Performs financial analysis and calculations, assesses client creditworthiness, prepares detailed credit summaries, and analyzes financial performance and risk profiles of clients within the portfolio. Supports portfolio monitoring and compliance, analyzes metrics, and assesses industry trends to spot risks and opportunities. Monitors loan performance, accuracy and integrity of loan documentation and addresses credit‑related issues. Conducts financial analysis and risk assessments of clients’ credit information to provide insights and make informed decisions. Minimizes BMO’s risk exposure by adhering to credit policies, regulatory standards, and operational guidelines. Manages timely and accurate data entry into BMO's systems and leverages the data to support decision‑making. Thinks creatively and proposes new solutions. Exercises judgment to identify, diagnose, and solve problems within given rules. Works mostly independently. Broader work or accountabilities may be assigned as needed. Qualifications College graduate with a preference for Accounting or Finance majors, relevant internships or 1‑2 years of applicable work experience. Advanced proficiency in Microsoft Excel, demonstrated through coursework, internship work, or independent projects. Working knowledge of financial modeling and financial statement analysis. Strong written communication skills, with the ability to translate financial analysis into clear, concise summaries appropriate for internal credit documentation. Verbal and written communication skills – in‑depth. Collaboration and team skills – in‑depth. Analytical and problem‑solving skills – in‑depth. Influence skills – in‑depth. Data‑driven decision‑making – in‑depth. Salary: $54,000.00 – $99,600.00 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 BMO U.S.