What are the responsibilities and job description for the Senior Business Development Loan Specialist position at BMO Financial Group?
Company Overview: At BMO Financial Group, we're driven by a shared Purpose: Boldly Grow the Good in business and life. This 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.
Job Summary: We are seeking an experienced Senior Business Development Loan Specialist to join our team. The ideal candidate will have a strong background in loan servicing and monitoring, with excellent analytical and problem-solving skills. They will be responsible for providing loan servicing and monitoring support for corporate and commercial lending portfolios in a professional and timely manner.
About the Role: As a Senior Business Development Loan Specialist, you will be responsible for delivering agreed lending/financing services as specified in the credit agreement/approval and ensuring all required policies, guidelines and standards are met. You will address more complex escalated customer requests and transactions or escalate with recommendations. You will also provide advice and guidance to assigned business/group on implementation of solutions, develop solutions and make recommendations based on an understanding of the business strategy and stakeholder needs.
Your Key Responsibilities:
- Provide loan servicing and monitoring support for corporate and commercial lending portfolios in a professional and timely manner;
- Deliver agreed lending/financing services as specified in the credit agreement/approval and ensure all required policies, guidelines and standards are met;
- Address more complex escalated customer requests and transactions or escalate with recommendations;
- Provide advice and guidance to assigned business/group on implementation of solutions;
- Develop solutions and make recommendations based on an understanding of the business strategy and stakeholder needs;
- Build effective relationships with internal/external stakeholders;
- Collaborate with internal and external stakeholders to deliver on business objectives.
What You'll Need:
- 4-6 years of relevant experience in loan servicing and monitoring;
- In-depth knowledge of standard desktop applications (i.e. Excel, etc.) and department systems and applications;
- In-depth understanding of business units risk and regulatory requirements;
- Excellent analytical and problem-solving skills;
- Strong communication and collaboration skills;
- Ability to multi-task in a fast-paced environment.
What We Offer:
- A competitive salary range of $56,000 - $104,000 per year;
- A comprehensive benefits package, including health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans;
- Ongoing training and development opportunities to help you grow and succeed in your career.
We Are An Equal Opportunity Employer: BMO Financial Group 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.
Salary : $56,000 - $104,000
