Sr. Underwriter, Law Firm and Professional Services Group

The Sr Underwriter of BMO Wealth’s Law Firm and Professional Services Group is primarily responsible for underwriting lending transactions for law firms and partners and ongoing maintenance of the loan portfolio, including loan renewals, modifications and annual reviews. The Sr Underwriter supports bankers by providing analytical support, including financial spreading and credit analysis on new lending transactions. Underwriting and portfolio management Financial and credit analysis Support on greenlighting proposals Ensures timely resolution of all client questions and concerns, both internal and external. Performs client service support activities as required to meet client needs and maintain overall service standards. Determines client needs and ensures timely and accurate completion of transaction processing. Supports the execution of strategic initiatives in collaboration with internal and external stakeholders. Collaborates with internal and external stakeholders to deliver on business objectives. Completes comprehensive analysis for risk, financial and profitability rating and assessments. Reviews and takes action on overdrafts and other monitoring reports in a timely manner. Mitigates identified risks and makes credit recommendations in accordance with sound credit-granting principles and compliance with the Bank’s philosophy and corporate risk policies. Identifies and escalates irregularities and discrepancies to management as per guidelines. Participates in assigned audits and compliance reviews. Ensures proper adherence to the code of conduct and ethical guidelines. Follows security and safeguarding procedures and applies appropriate due diligence for the prevention of loss due to fraud, counterfeiting, money laundering or defalcation in accordance with Bank policy. Protects the Bank’s assets by adhering to all banking, investment and lending regulations, policies, and procedures, and legal and ethical requirements. Exercises judgment to identify, diagnose, and solve problems within given rules. Works independently and handles non‑routine situations regularly. Broader work or accountabilities may be assigned as needed. Take measured risks while protecting the bank by applying our Risk Management Framework, in line with our Risk Culture and approved Risk Appetite, making sound and risk‑informed decisions that align with business strategy, protect assets, and adhere to applicable policy documents, laws and regulations. Qualifications Typically between 5–7 years of relevant experience and a post‑secondary degree in a related field or an equivalent combination of education and experience. In‑depth knowledge of personal (primarily) and commercial credit, monitoring/operational processes and applications. In‑depth understanding of loan and security documentation, including registration and renewal routine. If a Credit Qualifiable job, credit qualifications and associated credit knowledge and skills according to the credit portfolio requirements and qualification standards. Deep knowledge and technical proficiency gained through extensive education and business experience. Excellent verbal and written communication skills. Strong collaboration and team skills. Analytical and problem‑solving skills. Influence skills. Data‑driven decision making. Salary and Pay Type $88,800.00 – $165,600.00 Salary: Salaried Benefits Health insurance, tuition reimbursement, accident and life insurance, retirement savings plans, performance‑based incentives, discretionary bonuses, and other perks and rewards. Equal Employment Opportunity 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 require a reasonable accommodation during the employment process, please contact our careers team for assistance. #J-18808-Ljbffr BMO U.S.