Let’s get started
By clicking ‘Next’, I agree to the Terms of Service
and Privacy Policy
Jobs / Job page
Vice President, Commercial Banking Relationship Manager at BMO Financial Group Dallas, TX image - Rise Careers
Job details

Vice President, Commercial Banking Relationship Manager at BMO Financial Group Dallas, TX

Vice President, Commercial Banking Relationship Manager job at BMO Financial Group. Dallas, TX.We are seeking a Vice President-level Relationship manager in our Diversified Industries Group primarily covering the Dallas Metro market. The ideal candidate has experience calling on companies in middle market generating $50MM - $2B in revenue.The RM will be responsible to drive new client acquisition and growth in market share in this middle market segment across all industry verticals. Successful RMs develop and leverage strong relationships with the Portfolio Management and Treasury Product Services Teams, as well as other key product and support partners within the Commercial Bank across the various geographies to deliver an exceptional customer experience. In addition, the RM will be tasked with leveraging the bank and delivering the integrated BMO One Client focus across all lines of business including Wealth, Retail, Small Business, and Capital Markets.Facilitates growth initiatives for the Bank through significant business development and excellent management of key client relationships. Maintains an outstanding and continuous record of significant revenue generation from sales and syndications. Ensures the required internal control standards, including adherence to audit, regulatory and compliance policies.+ Develops new business by contacting prospects and clients, and by cross-selling Bank products and services that include credit, trust/investment and cash management.+ Participates and provides leadership in Bank and community activities to increase Bank's brand visibility and to enhance new business opportunities.+ Applies deep expertise in bank products, processes and systems and effectively trouble shooting to ensure a high-quality client experience.+ May coordinate closing with closing department, clients and attorneys.+ Serves as a daily escalation resource to ensure client expectations are met or exceeded.+ Advises clients on loan products, options, rates, terms and collateral requirements.+ May advise business clients on cash management/deposits solutions.+ Advises clients, where possible, on business management and other financial matters.+ Develops and manages Commercial banking relationships, plans for prospective clients;+ may include focused calling and pipeline management activities.+ Acts as the prime subject matter expert for internal/external stakeholders.+ Provides oversight, monitoring, and reporting specific to assigned business group for regulatory remediation.+ Analyzes financial and related data to determine the needs of the client for proper structuring of the Bank's products and services.+ Monitors and tracks performance, and addresses any issues.+ Ensures proper documentations for loans and cash management services.+ Reviews loan applications and cash management service agreements for completeness and accuracy and submits applications to appropriate departments for timely processing.+ Evaluates and structures loan requests, determining appropriate documentation for Approved loans.+ Negotiates terms under which credit/cash management services will be extended, including costs, repayment method, collateral requirements.+ Ensures extension of credit/delivery of cash management services is in accordance with corporate policies, pricing guidelines, portfolio considerations.+ Follows up after closing to insure all documents are completed and filed.+ Acts as daily sales contact for clients on sales related questions such as product information, pricing, implementation timeframes and requirements.+ Gathers data to advance sale process and completes all required documentation.+ Assists team in pre-sales activities such as pitch preparation, client research, preparation of prospect and client files for further action.+ Tracks implementation requests to keep the process on track with timelines.+ Tracks Internal reports and recommends improvements to sales support materials based on findings and feedback.+ Compiles pre-call and post call information packages by accessing internal systems and bank personnel to validate client holdings, pricing, and volumes.+ Provides research and data gathering to sales team to facilitate solution to the client's/prospect's business and needs.+ Assists with sales and service administration and processing ensuring client experience is seamless and opportunities are identified and met.+ Maintains current client information on Bank system/files to ensure client history is accurate and complete.+ Ensures accurate billing to clients.+ Focus is primarily on business/group within BMO; may have broader, enterprise-wide focus.+ 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 5 - 7 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.+ If a Credit Qualifiable job, Credit Qualifications and associated credit knowledge and skills according to the established qualification standards.+ 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.+ Influence skills - In-depth.+ Data driven decision making - In-depth.• *Salary:**$87,000.00 - $161,400.00• *Pay Type:**SalariedThe 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:• *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 atBMO 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.
BMO Financial Group Glassdoor Company Review
3.9 Glassdoor star iconGlassdoor star iconGlassdoor star icon Glassdoor star icon Glassdoor star icon
BMO Financial Group DE&I Review
No rating Glassdoor star iconGlassdoor star iconGlassdoor star iconGlassdoor star iconGlassdoor star icon
CEO of BMO Financial Group
BMO Financial Group CEO photo
Darryl White
Approve of CEO

Average salary estimate

$124200 / YEARLY (est.)
min
max
$87000K
$161400K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Vice President, Commercial Banking Relationship Manager at BMO Financial Group Dallas, TX, BMO Financial Group

BMO Financial Group is on the lookout for a dynamic Vice President, Commercial Banking Relationship Manager to join the team in Dallas, TX! In this vital role, you'll be at the forefront of our Diversified Industries Group, specializing in the middle market by engaging with companies generating revenues between $50MM to $2B. We’re not just looking for someone to fill a position; we want a collaborative leader who thrives on driving new client acquisition and boosting market share across various industry verticals. You'll leverage strong relationships with Portfolio Management, Treasury Product Services Teams, and other essential partners within the bank to provide outstanding customer experiences. Your days will be filled with effective business development strategies, ensuring that our clients have seamless access to our banking products and services, including credit solutions and cash management. This position will empower you to apply your deep banking expertise while engaging in team and community activities to enhance the visibility of BMO. We’re seeking someone who is not only analytical and data-driven but also possesses a talent for influencing and collaborating effectively. If you're ready to take the next step in your career and make a significant impact in the world of commercial banking, join us at BMO Financial Group, where we grow the good in business and life!

Frequently Asked Questions (FAQs) for Vice President, Commercial Banking Relationship Manager at BMO Financial Group Dallas, TX Role at BMO Financial Group
What does a Vice President, Commercial Banking Relationship Manager do at BMO Financial Group?

As a Vice President, Commercial Banking Relationship Manager at BMO Financial Group, you will be responsible for developing and managing relationships with middle-market clients. This includes acquiring new business, cross-selling bank products, and driving market share growth while building strong partnerships both internally and with clients.

Join Rise to see the full answer
What qualifications are required for the Vice President, Commercial Banking Relationship Manager position at BMO Financial Group?

To qualify for the Vice President, Commercial Banking Relationship Manager role at BMO Financial Group, you typically need 5 to 7 years of relevant experience in banking or finance along with a post-secondary degree in a related field. You should also have substantial credit knowledge, analytical skills, and the ability to effectively influence team dynamics.

Join Rise to see the full answer
How does BMO Financial Group support the professional growth of the Vice President, Commercial Banking Relationship Manager?

BMO Financial Group is committed to supporting your professional growth through in-depth training, managerial support, and numerous networking opportunities. You'll be equipped with resources to reach new milestones while making a positive impact on your clients and the community.

Join Rise to see the full answer
What responsibilities does the Vice President, Commercial Banking Relationship Manager have in terms of client management?

The Vice President, Commercial Banking Relationship Manager at BMO is tasked with maintaining an outstanding record of revenue generation by closely managing key client relationships. This involves overseeing documentation for loans and cash management services, advising clients on financial matters, and ensuring compliance with internal control standards.

Join Rise to see the full answer
What benefits can be expected when working as a Vice President at BMO Financial Group?

As a Vice President, Commercial Banking Relationship Manager at BMO Financial Group, you can expect a competitive compensation package that may include performance-based incentives, bonuses, health insurance, retirement plans, and tuition reimbursement, among other employee perks.

Join Rise to see the full answer
Common Interview Questions for Vice President, Commercial Banking Relationship Manager at BMO Financial Group Dallas, TX
Can you describe your experience with relationship management in commercial banking?

When answering this question, highlight specific experiences where you've managed client relationships effectively, focusing on examples that resulted in successful outcomes. Be sure to mention your method for understanding client needs and the strategies you used to foster trust and rapport.

Join Rise to see the full answer
How do you approach new business development?

Explain your business development strategies, emphasizing your process for prospecting potential clients, identifying their needs, and aligning them with the bank's services. Use metrics or specific targets you aimed for in past roles to provide tangible evidence of your effectiveness.

Join Rise to see the full answer
What methods do you employ to manage and mitigate client risks?

Discuss your techniques for assessing client risks, including analyzing financial data and adhering to compliance regulations. Provide examples of how your proactive approach has benefited past clients and the bank.

Join Rise to see the full answer
How do you stay informed about changes in the commercial banking industry?

Share your strategies for staying updated on industry trends, such as attending conferences, joining professional organizations, or subscribing to relevant publications. Mention any specific instances where this knowledge has enhanced your performance.

Join Rise to see the full answer
What role does teamwork play in your approach to banking?

Reflect on your experiences in collaborative environments, emphasizing your communication skills and how you leverage team dynamics to achieve collective goals. Mention specific projects or challenges that required teamwork to succeed.

Join Rise to see the full answer
Could you provide an example of how you turned a challenging client situation around?

Use a specific example where you successfully managed a difficult client issue, detailing the steps you took to address their concerns and the positive outcome achieved. This illustrates your problem-solving skills and client-focused approach.

Join Rise to see the full answer
What is your understanding of BMO's approach to integrated client servicing?

Demonstrate your knowledge of BMO’s integrated client servicing strategy by discussing how you would coordinate across different departments to ensure comprehensive client care. Mention how this benefits clients and fosters long-term relationships.

Join Rise to see the full answer
How do you assess the financial health of a potential client?

Discuss your process for analyzing a client's financial statements, market position, and potential for growth. Emphasize your analytical skills and how you make decisions based on data-driven insights.

Join Rise to see the full answer
What do you consider the most important factors in client retention?

Explain the key aspects of client retention from your perspective, such as trust, timely service, and proactive communication. Provide examples of how you've contributed to client retention in previous roles.

Join Rise to see the full answer
How would you leverage BMO's resources to benefit your clients as a Vice President?

Discuss your understanding of BMO's various services and how you would utilize them to enhance the client experience. This could include cross-selling opportunities and collaborating with internal teams to provide tailored financial solutions.

Join Rise to see the full answer
Similar Jobs
Photo of the Rise User
Posted 6 days ago
Photo of the Rise User
Crusoe Remote San Francisco
Posted 13 days ago
Photo of the Rise User
Posted 8 days ago
Posted 11 days ago
Photo of the Rise User
Unum Remote Edgefield, SC
Posted 9 days ago
Photo of the Rise User
Posted 10 days ago
Dental Insurance
Disability Insurance
Flexible Spending Account (FSA)
Vision Insurance
Family Medical Leave
Paid Holidays
Photo of the Rise User
Chewy Hybrid Plantation, FL
Posted 9 days ago
Photo of the Rise User
Crypto.com Remote Hong Kong, Hong Kong SAR
Posted 12 days ago

BMO is a leading bank driven by a single purpose: to Boldly Grow the Good in business and life. Every day we set our sights higher, inspired by our purpose and energized by the opportunity to create positive change. Come join a culture that’s abo...

35 jobs
MATCH
Calculating your matching score...
FUNDING
DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
December 1, 2024

Subscribe to Rise newsletter

Risa star 🔮 Hi, I'm Risa! Your AI
Career Copilot
Want to see a list of jobs tailored to
you, just ask me below!