Business Analyst, Corporate Banking

3 Times Square

Job Family Group:
Capital Mrkts Sales & Service

The purpose of this role is to support the I&CB Corporate Banking lending line of business' ability to execute the 1st line of defence accountability for portfolio and risk management activities, and for the efficient functioning of the LOB. As an
integral part of the team, the Business Analyst, Corporate Banking assists the Corporate Bankers by taking responsibility for the operation of certain key business processes, and by responding effectively to customer and banker requests. Responsibilities include operational functions such as client onboarding, portfolio maintenance activities. Responsibilities are dependent upon location and may include support for certain cash management-related activities. The allocation and type of functions depends on the needs of the individual group.

Key Accountabilities:

AML/UEN/Client Onboarding Requests
  • Initiate UEN requests for new deal set-up. Input new client/new product information in Fenergo client onboarding system and interface with the Client Onboarding (COB) group
  • Initial review of AML checklists, track changes and coordinate completion of annual reviews. BA will review AML analyst changes and ensure checklist is correct before sending to banker for approval.

Portfolio Activity and Maintenance

Monitor and track quarterly and monthly covenant and trigger processes for on time completion. Print status report mid-month and communicate with Bankers in advance of 30 day grace period.
  • Manage legal documentation and compliance exceptions with Banker and client
  • Complete Administration Forms for syndicated deals
  • Maintain Moody's, S&P and KMV databases used for trigger monitoring
  • Complete other portfolio monitoring (e.g. track receipt of EV approval post final forming of CAF, track rating alert due dates, etc.) as required by or unique to individual Corporate Banking teams (i.e. Oil & Gas, Broker Dealers, etc)
  • Troubleshooting and error correction on the profitability reports to ensure revenues are correctly flowing and accounted for
  • Special projects as needed (i.e. remediation and other one off requests)

Credit Approval Support Functions
  • Assist Bankers in the credit approval process for new and renewed transactions via the preparation and population of the Credit Approval Folder (CAF). This would typically entail setup of new or updated client information in the lending system application, initiation of the LTS (Lending Transaction Summary) populated for the request type (New Transaction, Annual or Interim Review), assign user access rights, select entities to be reviewed, populate borrower, sector/industry and ownership codes, publish the folder to Livelink, populate and update with key source documents (financial statements, projections, engineering/enterprise valuation reports, rating agency reports, CIMs, etc.) and carry forward documents (previous year's term sheets, OBS, etc)
  • Other duties (eg. relevant industry data) as required

Risk Management & Control
  • Within the mandate of this role, promote, adhere and support the Bank's risk culture; lead by example.
  • Within the mandate of this role, maintain internal controls to support management decision-making that protects our assets and adheres to applicable corporate policies, operating directives, laws and regulations (including risk, compliance, and AML).

Knowledge and Skills
  • Bachelor's degree in business/business administration or other equivalent post-secondary diploma with 1- 2 years related work experience
  • Understanding of accounting principles and various types of financial statements a plus

  • Strong attention to detail, and a high degree of accuracy
  • Ability to handle multiple priorities in a deadline environment
  • A collaborative, team and relationship orientation with Corporate Bankers, and with colleagues on other teams
  • An organized and systematic approach to work
  • Analytical and problem solving skills
  • Ability to work independently and take ownership of personal performance and development
  • Ability to utilize multiple PC software applications
  • A high level of professionalism

We're here to help

At BMO Harris Bank 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 Harris Bank 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

BMO Harris Bank is committed to an inclusive, equitable and accessible workplace. By learning from each other's differences, we gain strength through our people and our perspectives. BMO Harris Bank N.A. is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.