Commercial Operations Specialist

Commercial Deal Specialist

1 Year Contract-to-Hire

Toronto, ON – hybrid

$27/hour CAD

This posting is intended to identify and connect with qualified candidates for potential future opportunities. A specific position is not currently be available, and the timing and details of future opportunities will depend on business needs.

Role Overview

The Elevate program Deal Specialist role is an early‑career position within BMO’s Commercial and Corporate Lending Operations organization. This role supports the execution and ongoing administration of loan facilities, with primary responsibility for deal setup, loan trading (assignments), and post‑closing support.

Designed for recent college graduates, the role provides structured training and hands‑on exposure to complex lending transactions. Deal Specialists help ensure loan data, legal documentation, and system records are accurate, complete, and aligned with approved credit terms.

As part of the Elevate program, participants rotate through key operational functions, build technical and analytical skills, and progressively assume greater responsibility while working closely with internal business partners and operational teams, legal teams, and external lenders.

Key Responsibilities

Deal Setup & Execution

• Review approved credit and legal documentation to understand deal structure, pricing, and key terms.
• Set up and maintain loan facilities, pricing, and documentation tracking in Loan IQ.
• Validate system setups against approved terms and escalate discrepancies when identified.

Loan Closings & Funding Support

• Support pre‑closing activities by ensuring required documentation, compliance items, and system setups are completed prior to funding.
• Coordinate with internal partners to confirm funding instructions and closing conditions.

Loan Trading & Assignments

• Assist with processing loan assignments and trades using both external (ClearPar) and internal systems (Loan IQ)
• Review assignment documentation to confirm alignment with approved trade terms.
• Coordinate with internal teams and agent banks to support timely settlement.

Post‑Closing Monitoring

• Track post‑closing deliverables, reporting requirements, and documentation updates.
• Monitor exception reports and resolve issues in a timely manner.

Compliance & Controls

• Perform required compliance and control checks (e.g., KYC, AML, flood determinations) in accordance with bank policies.
• Assist with audits and internal reviews by providing documentation and responding to inquiries.
• Identify opportunities to improve processes, controls, or efficiency.

Professional Development

• Participate in structured Elevate training covering syndicated lending, loan systems, risk awareness, and professional skills.
• Build effective working relationships with teammates and business partners.
• Develop sound judgment around issue identification, escalation, and quality standards.

Qualifications

Required

• Bachelor’s degree in Finance, Accounting, Economics, or a related field.
• Strong attention to detail and ability to work accurately within defined processes.
• Analytical and problem‑solving skills.
• Clear written and verbal communication skills.
• Ability to manage multiple priorities in a deadline‑driven environment.
• Willingness to learn, ask questions, and accept feedback.

Preferred

• Internship or prior exposure to banking, finance, or operations.
• Working knowledge of Excel beyond basic formulas.
• Interest in commercial banking, syndicated lending, or financial operations.
• Curiosity about using technology or automation to improve efficiency and accuracy.

How to Apply:

Straightforward, easy one-click apply.

Applications will be accepted until at least November 30th, 2026

About Us:

Calculated Hire is modernizing the professional services and staffing industry. When it comes to building teams, we understand that your organization’s culture is key to its success. We customize solutions to your unique needs through staff augmentation, the design and implementation of advisory services, and workforce transformation with our patented Elevate program.

EEO Statement:

Eight Eleven Group is an equal opportunity employer that does not discriminate on the basis of actual or perceived race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth, lactation, and related medical conditions), gender identity or gender expression, sexual orientation, marital status, military service and veteran status, physical or mental disability, protected medical condition as defined by applicable state or local law, genetic information, or any other characteristic protected by applicable federal, state, or local laws and ordinances.

Pay Disclaimer:

The pay range reflects what we reasonably expect to pay for this role at the time of posting. Offers are based on factors such as job responsibilities, education, experience, knowledge, skills, and abilities.