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Bank of Montreal

Runs Canadian and US banks for people and firms

Credit Support Specialist

Retail & Commercial BankingConfirmed live in the last 24 hours
Full-timeChicago, IL, USAIn-person

About the Job

Requirements

  • Typically 4+ years of relevant experience and a post-secondary degree in a related field of study, or an equivalent combination of education and experience.
  • In-depth Commercial Lending Product knowledge.
  • In-depth knowledge of banking products and services.
  • In-depth knowledge of industry trends and regulations.
  • Technical proficiency gained through education and/or business experience.
  • In-depth verbal and written communication skills.
  • In-depth collaboration and team skills.
  • In-depth analytical and problem-solving skills.
  • In-depth influence skills.
  • In-depth data-driven decision making.

Responsibilities

  • Delivers an exceptional customer experience for a defined portfolio of high-risk borrowing accounts by supporting account management and administration.
  • Ensures all reports, entries, monitoring systems, and other requirements are executed and maintained in a timely and accurate manner.
  • Ensures compliance with Bank policies, procedures, and standards; advises stakeholders of risk-related issues and escalates as required.
  • Develops solutions and makes recommendations based on an understanding of business strategy and stakeholder needs.
  • Provides advice and guidance to stakeholders on implementing solutions.
  • Maintains and enhances knowledge of lending issues, including loan structure, collateral, foreclosure, bankruptcy, and regulations that directly impact the Bank.
  • Manages databases and supports analysis, forecasting, and/or data visualization while ensuring adherence to data governance standards.
  • Coordinates database management and ensures data alignment and integration in adherence to data governance standards.
  • Provides input into planning and implementing operational programs.
  • Executes work to deliver timely, accurate, and efficient service.
  • Prepares and executes service requests, transactions, and queries within relevant service-level agreements, and ensures information systems are updated for items such as payments, advances, transfers, fees, and payouts.
  • Prepares, renews, and monitors securities documentation for account and transaction requirements.
  • Collaborates with internal and external stakeholders to deliver business objectives.
  • Organizes work information to ensure accuracy and completeness.
  • Analyzes data and information to provide insights and recommendations.
  • Gathers and formats data into regular and ad hoc reports and dashboards.
  • Coordinates and executes specific activities for strategic initiatives, including tracking metrics and milestones.
  • Exercises judgment to identify, diagnose, and solve problems within given rules.
  • Works independently on a range of complex tasks, which may include unique situations.
  • Takes measured risks while protecting the bank by applying the Risk Management Framework and Risk Culture within approved Risk Appetite, making sound risk-informed decisions aligned with business strategy, protecting assets, and adhering to applicable policies, standards, procedures, laws, and regulations.
  • Performs broader work or accountabilities as assigned.

About the Company

Bank of Montreal

Runs Canadian and US banks for people and firms

Bank of Montreal, known as BMO, runs a Canadian bank and a large American bank, serving households and businesses on both sides of the border. Until the Bank of Canada opened in 1935, it acted as the Canadian government's banker. People use its branches and apps for accounts, mortgages, credit cards, and investments, while companies borrow from it and turn to its BMO Capital Markets arm to raise money and trade securities. BMO makes money on the gap between the interest it charges on loans and pays on deposits, plus fees from managing wealth and advising on deals. Bank of Montreal was founded in 1817 as Canada's first bank, and it keeps its legal head office in Montreal and its executive offices in Toronto, Canada.

Company size
10,001+
Company stage
IPO
Headquarters
Toronto, Canada
Founded
1817

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