BMO U.S.
Senior Counsel- Commercial Lending/Private Credit
BMO U.S., Chicago, Illinois, United States, 60290
Senior Counsel - Commercial Lending/Private Credit
Provides and manages the delivery of legal and regulatory advice on products, initiatives, strategies, policies and developments for and on behalf of BMO Financial Group. Provides legal advice based on knowledge of legal principles, practices and procedures, and knowledge of the financial services industry and its environment. Influences and negotiates to achieve business objectives. Works to achieve organizational goals while minimizing legal risk.
Responsibilities
Structuring, negotiating and supervising the documentation of corporate finance transactions involving senior debt, mezzanine debt and/or equity.
Serving as a strategic partner for businesses in support of building and managing a varied investment portfolio.
Makes recommendations to senior leaders on strategy and new initiatives, based on an in-depth understanding of the business/group.
May participate in the design of legal advice strategies & approaches for the unit activity and making recommendations to minimize legal issues.
Acts as the prime subject matter expert for internal/external stakeholders.
Exercises judgement on complex, confidential and sensitive matters.
Identifies and resolves moderately complex issues.
Determines root causes and negotiates resolutions.
Delivers legal advice, instructs external counsel and ensures compliance with internal policies & procedures for a single or small number of function(s).
Acts as a subject matter expert on relevant laws, regulations and policies.
Resolves daily issues and/or escalates with appropriate analysis and/or recommendations.
Identifies risks and implements appropriate actions to mitigate them.
Implements areas of improvement to ensure consistency with marketplace.
Builds effective relationships with internal/external stakeholders.
Geographic scope: up to global.
Operates at a group/enterprise-wide level and serves as a specialist resource to senior leaders and stakeholders.
Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to problems that can be complex and non-routine.
Implements changes in response to shifting trends.
Broader work or accountabilities may be assigned as needed.
Qualifications
Typically 7 years of legal practice or an equivalent combination of education and experience with commercial lending.
Degree in law (LLB or JD) and license to practice law in a relevant jurisdiction.
Private practice, in‑house experience or experience at a regulatory body relating to the regulation of business/group activities may be required.
Prior experience representing (as inside or outside counsel) insurance companies, banks, private credit funds or other institutional investors in corporate finance and/or leveraged finance transactions.
Familiarity or prior experience with the federal securities laws.
Knowledge of the business and regulatory environment in which BMO Financial Group operates.
Advanced knowledge of commercial lending.
Advanced knowledge of subject‑matter legal requirements and the operations of a single client group.
Negotiation skills – in‑depth.
Verbal & written communication skills – in‑depth / expert.
Analytical and problem‑solving skills – in‑depth / expert.
Influence skills – in‑depth / expert.
Collaboration & team skills – with a focus on cross‑group collaboration – in‑depth / expert.
Able to manage ambiguity.
Data‑driven decision making – in‑depth / expert.
Salary $132,600.00 - $247,000.00
Pay Type Salaried
Benefits BMO offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. Salaries will vary based on factors such as location, skills, experience, education and qualifications for the role, and may include commissions or performance‑based incentives. For additional benefits information, visit https://jobs.bmo.com/global/en/Total-Rewards.
Equal Employment Opportunity Statement 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 due to a disability for any part of the employment process, please send an e‑mail to BMOCareers.Support@bmo.com and let us know the nature of your request and your contact information.
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Responsibilities
Structuring, negotiating and supervising the documentation of corporate finance transactions involving senior debt, mezzanine debt and/or equity.
Serving as a strategic partner for businesses in support of building and managing a varied investment portfolio.
Makes recommendations to senior leaders on strategy and new initiatives, based on an in-depth understanding of the business/group.
May participate in the design of legal advice strategies & approaches for the unit activity and making recommendations to minimize legal issues.
Acts as the prime subject matter expert for internal/external stakeholders.
Exercises judgement on complex, confidential and sensitive matters.
Identifies and resolves moderately complex issues.
Determines root causes and negotiates resolutions.
Delivers legal advice, instructs external counsel and ensures compliance with internal policies & procedures for a single or small number of function(s).
Acts as a subject matter expert on relevant laws, regulations and policies.
Resolves daily issues and/or escalates with appropriate analysis and/or recommendations.
Identifies risks and implements appropriate actions to mitigate them.
Implements areas of improvement to ensure consistency with marketplace.
Builds effective relationships with internal/external stakeholders.
Geographic scope: up to global.
Operates at a group/enterprise-wide level and serves as a specialist resource to senior leaders and stakeholders.
Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to problems that can be complex and non-routine.
Implements changes in response to shifting trends.
Broader work or accountabilities may be assigned as needed.
Qualifications
Typically 7 years of legal practice or an equivalent combination of education and experience with commercial lending.
Degree in law (LLB or JD) and license to practice law in a relevant jurisdiction.
Private practice, in‑house experience or experience at a regulatory body relating to the regulation of business/group activities may be required.
Prior experience representing (as inside or outside counsel) insurance companies, banks, private credit funds or other institutional investors in corporate finance and/or leveraged finance transactions.
Familiarity or prior experience with the federal securities laws.
Knowledge of the business and regulatory environment in which BMO Financial Group operates.
Advanced knowledge of commercial lending.
Advanced knowledge of subject‑matter legal requirements and the operations of a single client group.
Negotiation skills – in‑depth.
Verbal & written communication skills – in‑depth / expert.
Analytical and problem‑solving skills – in‑depth / expert.
Influence skills – in‑depth / expert.
Collaboration & team skills – with a focus on cross‑group collaboration – in‑depth / expert.
Able to manage ambiguity.
Data‑driven decision making – in‑depth / expert.
Salary $132,600.00 - $247,000.00
Pay Type Salaried
Benefits BMO offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. Salaries will vary based on factors such as location, skills, experience, education and qualifications for the role, and may include commissions or performance‑based incentives. For additional benefits information, visit https://jobs.bmo.com/global/en/Total-Rewards.
Equal Employment Opportunity Statement 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 due to a disability for any part of the employment process, please send an e‑mail to BMOCareers.Support@bmo.com and let us know the nature of your request and your contact information.
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