Hispanic Alliance for Career Enhancement
Vice President, Asset Based Lending - Underwriting and Portfolio Management
Hispanic Alliance for Career Enhancement, Chicago, Illinois, United States, 60290
Application Deadline
12/15/2025
Address
320 S Canal Street
Job Family Group
Commercial Sales & Service
Overview
This position is a PM/Underwriting role, inclusive of current and new customer calling and pitching. As PM, this hire would manage 7-10 customers, while also managing the underwriting of new borrowers and helping train younger team members. This position is involved in decisioning and analysis of all types of credit information to support lending decisions for BMO. This position can be located in Chicago, Dallas, or Minneapolis to support 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
Manage work flow 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, present facts and offer opinions concerning credit worthiness
Establishes cross-selling initiatives to increase penetration with client
Applies knowledge in bank products, processes and systems and effectively trouble shooting to ensure a high-quality client experience
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
Qualifications
Typically between 7+ 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, including financial statement analysis and modeling skill
Influence skills - In-depth
Data driven decision making - In-depth
Salary $122,400.00 - $228,000.00
Pay Type Salaried
Compensation and Benefits The above represents BMO Financial Group's pay range and type. 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. To view more details of our benefits, please visit https://jobs.bmo.com/global/en/Total-Rewards
About Us At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world. As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one - for yourself and our customers. We'll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we'll help you gain valuable experience, and broaden your skillset. To find out more visit us at http://jobs.bmo.com/us/en
Equal 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 because of 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.
Recruiter Note BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.
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12/15/2025
Address
320 S Canal Street
Job Family Group
Commercial Sales & Service
Overview
This position is a PM/Underwriting role, inclusive of current and new customer calling and pitching. As PM, this hire would manage 7-10 customers, while also managing the underwriting of new borrowers and helping train younger team members. This position is involved in decisioning and analysis of all types of credit information to support lending decisions for BMO. This position can be located in Chicago, Dallas, or Minneapolis to support 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
Manage work flow 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, present facts and offer opinions concerning credit worthiness
Establishes cross-selling initiatives to increase penetration with client
Applies knowledge in bank products, processes and systems and effectively trouble shooting to ensure a high-quality client experience
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
Qualifications
Typically between 7+ 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, including financial statement analysis and modeling skill
Influence skills - In-depth
Data driven decision making - In-depth
Salary $122,400.00 - $228,000.00
Pay Type Salaried
Compensation and Benefits The above represents BMO Financial Group's pay range and type. 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. To view more details of our benefits, please visit https://jobs.bmo.com/global/en/Total-Rewards
About Us At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world. As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one - for yourself and our customers. We'll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we'll help you gain valuable experience, and broaden your skillset. To find out more visit us at http://jobs.bmo.com/us/en
Equal 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 because of 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.
Recruiter Note BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.
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