BMO Technology & Innovation Banking is a specialized team that provides capital and advice to high-growth technology companies across North America. We are a leader in providing solutions to a variety of technology companies, with sector coverage including enterprise software, consumer software, hardware, and life science businesses, and we focus on all stages of the tech lifecycle, from inception up to and following a liquidity event (i.e. IPO / M&A transaction / etc.).

As an Associate on the Technology & Innovation Banking Team, you will (1) assist a team of Directors in expanding our market share across North America; (2) work closely with a team of Analysts who will support you with credit underwriting as well the as day- to- day management of your portfolio; and (3) be part of a North American team that recognizes that diversity, equity, and inclusion are imperative to building a successful business. Accountabilities include:

• Building and managing financial models used to assess financial soundness, covenant compliance, SaaS metrics and other technology specific ratios, and structuring debt facilities accordingly.

• Supporting the senior team in making recommendations regarding deal structure, while balancing risk and client requirements.

• Leading and performing due diligence and credit analysis of current and prospective clients, including site visits as needed.

• Performing risk rating calculations to complete risk assessments.

• Protecting the Bank’s assets and maintaining portfolio quality by managing the timely review of reporting and completing annual borrower financial reviews.

• Reviewing credit documentation for conformity with approved credit terms and conditions.

• Working collaboratively with internal teams, including Capital Markets, Wealth Management, and Commercial Banking, to identify new credit and non-credit sales opportunities.

• Client relationship management, including participating in client calls.

• Maintaining up-to-date knowledge of commercial products, processes, and relevant legal, regulatory and technology requirements, through audits and quality checks to ensure decisions are adequately documented, and clearly communicated.

• Adhering to bank lending processes, policies and procedures, legal and ethical requirements and regulations, audit requirements, and established risk guidelines.

We are looking for individuals who have a deep passion for the technology sector and who have the following attributes and qualifications:

• Self-starting, results- focused, and dependable

• An ability to thrive in a high-growth and fast-paced environment.

• Capable analytical skills

• A minimum of 2-5 years of financial services industry experience (ideally in a corporate lending or investment banking environment)

• Strong financial modeling capabilities

• A problem-solving mentality and an ability to address strategic client issues

• Enthusiasm, and a commitment to succeed in a high- growth business environment

• A supportive, team-player mentality, and an ability to act as a role model in developing our future talent

• Exceptional time management and personal planning skills

• Excellent interpersonal skills

• Dedication to customer service, demonstrated by a sense of urgency and ability to meet tight deadlines

Salary:

$87,000.00 - $161,400.00

Pay Type:

Salaried

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

We’re here to help

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 https://jobs.bmo.com/us/en

BMO 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 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.

Note to Recruiters: 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.