Managing Director jobs in United States
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BMO U.S. · 8 hours ago

Managing Director

BMO U.S. is committed to creating lasting, positive change for customers, communities, and employees. The Managing Director role focuses on delivering exceptional customer experiences for high-risk borrowing accounts while managing credit risk and advising stakeholders on complex transactions. This position requires building relationships, improving team performance, and leading strategic initiatives to enhance profitability and risk management.

Banking
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H1B Sponsor Likelynote

Responsibilities

Delivers an exceptional customer experience for a defined portfolio of high risk borrowing accounts by applying expertise to reduce the Bank’s loss exposure and manage risks
Advises internal and external stakeholders on complex, high-risk credit risk transactions and mitigation strategies
Makes credit decisions/recommendations in accordance with sound credit-granting principles and in compliance with Bank Policy & Procedures
Works with stakeholders to deepen relationships and grow the overall profitability of the portfolio
Fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behaviours in all that they do
Ensures alignment between values and behaviour that fosters diversity and inclusion
Regularly connects work to BMO’s purpose, sets inspirational goals, defines clear expected outcomes, and ensures clear accountability for follow through
Builds interdependent teams that collaborate across functional and operating groups to create the highest value for all stakeholders
Attracts, retains, and enables the career development of top talent
Improves team performance, recognizes and rewards performance, coaches employees, supports their development, and manages poor performance
Acts as a trusted advisor to senior leaders for making business decisions and implementing strategic initiatives
Develops an expert understanding of business/group challenges
Networks with industry contacts to gather competitive insights and best practices
Recommends measures to improve organizational effectiveness
May consult to or serve on various committees and task forces
Works with stakeholders to ensure effectiveness of risk management controls, analysis and monitoring on a transactional and portfolio basis
Provides credit coaching, training and support to direct team and other stakeholders as required
Influences and negotiates to achieve business objectives
Identifies emerging issues and trends to inform decision-making
Recommends business priorities, advises on resource requirements and develops roadmap for strategic execution
Manages resources and leads the execution of strategic initiatives to deliver on business and financial goals
Conducts independent analysis and assessment to resolve strategic issues
Acts as the prime contact for internal/external stakeholder relationships, which may include regulators
Ensures alignment between stakeholders
Develops and manages comprehensive information management systems; designs and/or leads initiatives to improve processes, analysis and reporting
Defines business requirements for analytics & reporting to ensure data insights inform business decision making
Assesses and adapts existing operational programs; develops new capabilities to ensure ongoing success
Leads the execution of operational programs; assesses and adapts as needed to ensure quality of execution
Supports credit due diligence activities for bank acquisitions or integration
Monitors the financial and risk performance of account portfolio; performs financial and risk analysis of customer and account information to provide insights and recommendations on how to improve quality, liquidity and Bank’s security position
Documents decisions on credit transactions with rationale that can be understood and explained to customers
Identifies and advises on terms, conditions and collateral requirements for the transaction decision as well as alternative solutions
Keeps abreast of economic and market developments within the portfolio to inform decision making and credit risk policies
Maintains and enhances knowledge around lending issues, including loan structure, collateral, foreclosure, bankruptcy and the various regulations that directly impact the Bank
Provides credit risk coaching and advice to sales & service employees to increase awareness of risk, policy, and knowledge of structuring transactions
Supports the execution of strategic initiatives in collaboration with internal and external stakeholders
Builds effective relationships with internal/external stakeholders; includes legal and insolvency professionals and other consultants/advisors in the commercial business community
Gathers and formats data into regular and ad-hoc reports, and dashboards
Monitors and tracks performance and addresses any issues
Provides input into the planning and implementation of operational programs
Executes work to deliver timely, accurate, and efficient service
Operates at a group/enterprise-wide level and serves as a senior specialist resource across BMO
Influences how teams/groups work together
Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to multiple, interdependent, complex problems
Communicates abstract concepts in simple terms
Fosters strong internal and external networks and works with and across multiple teams to achieve business objectives
Anticipates trends and responds by implementing appropriate changes
Broader work or accountabilities may be assigned as needed

Qualification

Credit QualificationsCommercial Real EstateCredit Portfolio ManagementBanking Products KnowledgeAnalytical SkillsInfluence SkillsData Driven Decision MakingProblem Solving SkillsManage AmbiguityVerbal CommunicationWritten CommunicationCollaboration SkillsTeam Skills

Required

Typically 9+ years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience
Special Assets Experience - Required
Commercial Real Estate Experience - Required
Credit Qualifications and associated credit knowledge and skills according to the established qualification standards
Expert knowledge of banking products & services
Expert knowledge of industry trends and regulations
Expert knowledge of credit portfolio management policies & procedures, and financing guidelines
Seasoned expert with extensive industry knowledge
Technical leader viewed as a thought leader for innovation
Verbal & written communication skills - Expert
Analytical and problem solving skills - Expert
Influence skills - Expert
Collaboration & team skills; with a focus on cross-group collaboration - Expert
Able to manage ambiguity
Data driven decision making - Expert

Benefits

Health insurance
Tuition reimbursement
Accident and life insurance
Retirement savings plans

Company

BMO U.S.

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We’re a bank, but there’s more to it than that. We're a top ten bank in North America and have been serving our customers since 1817.

H1B Sponsorship

BMO U.S. has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (1)
2024 (11)
2023 (41)
2022 (22)
2021 (14)
2020 (21)

Funding

Current Stage
Late Stage

Leadership Team

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Mike Morton
Vice Chair U.S. Commercial Banking
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Company data provided by crunchbase