BMO U.S. · 20 hours ago
Vice President, Corporate Banking FIG Insurance
Chicago, IL
Full-time
Onsite
Mid, Senior Level
$200K/yr - $200K/yr
5+ years expBMO U.S. is a leading financial institution seeking a Vice President for their Corporate Banking – Global Financial Institutions Group – Insurance Team. The role involves portfolio and relationship management with a focus on credit underwriting, structuring, and risk adjudication while enhancing client relationships and origination efforts.
Banking
Responsibilities
Prepares credit documentation (i.e. including credit applications, underwriting memoranda, presentations, annual reviews, etc.) for internal and external stakeholders
Directly manages a diverse portfolio of Insurance companies with progression toward increasing client responsibility
Reviews and continually monitors performance of existing accounts and client relationships from both an ROE and credit quality perspective
Provides deal structuring expertise and negotiates transactions with clients
Applies appropriate Insurance technical concepts and completes/leads consistent and reliable technical and financial reports/analyses to support credit and client deliverables
Completes due diligence and credit analysis on new and existing client relationships. Includes client visits, analysis of business models, and comprehensive review of industry trends and related regulations
Breaks down strategic problems, and analyses data and information to provide insights and recommendations
Understands complexity of transactions and related risk (credit, market, operational, legal/compliance, etc.)
Balances the Bank's risk appetite with the client needs in making recommendations/ proposal
Integrates information from multiple sources to enable more efficient processes, enhanced analysis and/or streamlined reporting
Reviews and guides work of Analysts and Associates to deliver business and credit results
Considers risk, internal controls and compliance as part of day-to-day accountabilities and adheres to policies and procedures
Exercises judgment to identify, diagnose, and solve problems within given rules
Works independently and regularly handles non-routine situations
Identifies opportunities for increased efficiency and improved service to internal and external clients
Acts as a positive change agent to drive improved efficiency and effectiveness
Contributes to growing / elevating the BMO and BMO Capital Market brand, particularly within the US and Canadian Insurance industry
Operates as key member of the deal team with efforts to maximize Insurance sector penetration and returns
Institutes cross-selling initiatives to increase ranking with client
Creates pitch books for clients with respect to financial solutions and participate in their presentation to clients
Monitors client, client industry and regulatory agencies for potential changes which may affect client’s portfolio and business needs
Understands the needs of Insurance clients and provides relevant ideas and opinions to generate recommendations
Collaborates with sector coverage partners to cover clients and prospects and to identify/ deliver creative, timely solutions
Builds positive client relations through deep/comprehensive understanding of Insurance client needs and alignment of our products/services
Identifies and leverages key decision makers and influencers in client / internal organizations
Interprets client strategy and anticipates needs to deliver solutions
Maintains awareness of all firm products and services offered and facilitates means of receiving continuous updates
Builds effective relationships with internal/external stakeholders
Qualification
Required
Undergraduate degree with focal areas of finance, economics, or accounting preferred with high academic achievement
Minimum of 5 – 7 years of relevant experience in covering the Insurance segment from a corporate or commercial banking and lending perspective, including credit underwriting, transaction structuring, and client management within the Insurance sector
Displays advanced deal execution and/or project management skills - ability to manage more than one client / major initiative
Ability to create and deliver professional presentations
Strong analytical skills, with expertise in Insurance credit analysis
Deep knowledge and technical proficiency gained through extensive education and business experience
Preferred
Preferred MBA, CFA or equivalent experience in financial services, accounting, or legal fields
Benefits
Health insurance
Tuition reimbursement
Accident and life insurance
Retirement savings plans
Company
BMO U.S.
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.
5001-10000 employees
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 StageLeadership Team
Mike Morton
Vice Chair U.S. Commercial Banking
Recent News
2025-10-16
2025-09-23
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