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Job Title


Vice President, Credit Alternatives, Global Asset Management


Company : BMO


Location : Toronto, Ontario


Created : 2025-08-03


Job Type : Full Time


Job Description

Vice President, Credit Alternatives, Global Asset Management Join to apply for the Vice President, Credit Alternatives, Global Asset Management role at BMO Vice President, Credit Alternatives, Global Asset Management 18 hours ago Be among the first 25 applicants Join to apply for the Vice President, Credit Alternatives, Global Asset Management role at BMO Get AI-powered advice on this job and more exclusive features. As VP, Credit Alternatives, you will play a key leadership role in the analysis, structuring, and active management of CLOs and other Credit Alternative products. You will collaborate with portfolio managers, traders, and credit analysts, contribute to deal execution, and drive investment performance through hands-on asset management and market insight. Responsibilities: Analyze new-issue and secondary CLO tranches (AAA through equity) Evaluate deal structures, waterfalls, and manager quality Monitor performance of existing CLO positions, including cash flows, test results, and collateral quality Build and maintain cash flow models using tools like Intex or proprietary systems Assist in structuring new CLO deals and resets/refis Work with lawyers, arrangers, and rating agencies on transaction execution Review and negotiate indenture terms, collateral eligibility criteria, and manager strategies Conduct relative value analysis across CLO tranches, credit sectors, and structured credits alternatives Underwrite broadly syndicated and club loans Coordinate with internal or external direct lending and loan trading Track issuer-level credit trends and build/maintain watchlists Produce internal credit memos and present recommendations to the Investment Committee Track and assess macro, regulatory, and credit trends that affect structured credit markets Liaise with deal counterparties, syndicate desks, and CLO managers Interface with investor relations, finance, and compliance teams Mentor junior analysts and associates on credit modeling and market analysis Broader work or accountabilities may be assigned as needed. Qualifications: 7+ years in structured credit, and/or leveraged loans (analysis, trading, structuring, or asset management) Bachelors in Finance, Economics, Math, or related field; MBA/CFA or Masters degree a plus Deep understanding of CLO mechanics (OC/IC tests, manager tiers, tranche pricing); strong analytical and modeling skills Proficiency in Intex, Excel/VBA, Bloomberg; familiarity with Python or SQL is a plus Advanced understanding of business line and a growing understanding of the overall firm and the competitive environment. Advanced understanding of specialized discipline and gaining understanding of other disciplines. 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: $95,200.00 - $176,400.00 Pay Type: Salaried The above represents BMO Financial Groups 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 Groups expected target for the first year in this position. BMO Financial Groups 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: About Us 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. Well 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, well help you gain valuable experience, and broaden your skillset. To find out more visit us at BMO is committed to an inclusive, equitable and accessible workplace. By learning from each others differences, we gain strength through our people and our perspectives. 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. Seniority level Seniority level Not Applicable Employment type Employment type Full-time Job function Job function Finance and Sales Referrals increase your chances of interviewing at BMO by 2x Get notified about new Vice President of Credit jobs in Toronto, Ontario, Canada . 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