a need for an appropriate work life
balance that has created a tremendous
work atmosphere with limited turnover
in growing our business during my time
How did you wind up in the industry? We
know most kids don’t say “I want to be in
commercial finance when I grow up.”
At Illinois, I was a pre-law political science
major with a minor in English literature.
While reading Dickens and Shakespeare
certainly prepared me for interpreting
credit agreements, it wasn’t the most
conventional background for a career in
After deciding I didn’t want to go to
law school towards the end of my senior
year, I got a job selling fixed annuities
at a local retail bank before going back
to school for my MBA and applying to
BMO’s Credit Training Program. The experience gained through my MBA and the
training program at BMO allowed me to
enter into this field on the right footing.
While not the easiest road into
commercial lending, I believe having
a broader background has helped my
development and served me well over
I believe diversity of thought, background and perspective is integral to
industry growth and should be sought
out when hiring in this field.
Growing as a professional requires
not only building off your own experiences, but learning from the knowledge and experience of others. Having
excellent mentors provides for not just a
great resource and sounding board, but
a road map to success.
How do you think the commercial finance
industry can attract more young professionals?
I believe attracting the top young professionals to a career in commercial finance
has become an increasingly difficult challenge. The current group of young professionals has placed an increasing premium
on flexibility at work and the value of their
time away from work.
We have to find a balance in recruiting and job placement allowing for
flexibility and valuing the time of young
professionals without sacrificing productivity.
I find the current generation of young
professionals to be a dynamic group,
one focused on hard work and willing to
challenge the inefficiency of the status
quo. Employers have to demonstrate a
willingness to be open-minded and flexible to attract top talent from this group.
In my career, BMO has provided this
flexibility and it was one of the reasons
I joined the team nearly a decade ago.
Our group head and our individual team
leads have placed a focus on execution
and efficiency while acknowledging
an joined BMO’s Asset-Based Lending Group in 2008. Under the
leadership of BMO’s ABL Group head, Michael Scolaro, and
team lead and managing director, Andy Pappas, he was able to
become one of the team’s lead underwriters, closing and manag-
ing a number of commodity metals deals over the past several years. He
manages a significant portfolio of lead transactions for the group and has
experience in underwriting, negotiating and closing new deals.
Any success achieved has been made possible by the support of Dan’s
wife, Stacy, and their four children who are the biggest source of pride and
accomplishment in Dan’s life.
Dan has a BA in political science from the University of Illinois and an MBA
through Northern Illinois University.
BMO Harris Bank N.A.
What role has mentoring played in your
entoring has played a
significant role in my career.
It’s important to have role
models and examples to
seek advice from and whose
leadership you can follow.
My father has always provided that for me.
When I was younger, I saw not only how
hard he worked, but how he treated people
who worked for him, and how he balanced
hard work with making time for myself and
my four brothers.
Since I began work in BMO’s ABL
Group, Mike Scolaro has provided a
similar support system and provided an
example on how to be a professional.
Specifically, the advice I have received
included how to set career goals and
seek out new opportunities that allowed
me to differentiate myself as an individual within the group. This guidance
has proved invaluable over the years.