Special Accounts Team Team Lead, Distressed Valuation

Appraisal Review Specialist

Independently examines appraisals and evaluations prepared by vendors or BMO appraisers for adherence to all policies / procedures and standards applicable to the transaction based on established assessment processes.

Assesses the credibility and/or reliability of appraisals performed for the Bank, as well as the reasonableness of the appraisal value conclusions specifically as it relates to substandard and impaired borrowers.

Documents and reports results of reviews on an individual and summary basis; identifies and recommends action plans for resolving issues.

Identifies where corrective actions are required (e.g. incomplete investigations and analysis, possible fraudulent transactions) and escalates per guidelines; ensures corrective action is taken as necessary. Where appropriate, supplement with preparation of independently prepared valuation of substandard and impaired borrowers.

Hybrid role with multiple days per week required (subject to change)

Delivers an exceptional outcomes for a defined portfolio of high risk borrowing accounts by applying knowledge and expertise.

Fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behaviours in all that they do.

Ensures alignment between values and behaviour that fosters diversity and inclusion.

Regularly connects work to BMO's purpose, sets inspirational goals, defines clear expected outcomes, and ensures clear accountability for follow through.

Builds interdependent teams that collaborate across functional and operating groups to create the highest value for all stakeholders.

Attracts, retains, and enables the career development of top talent.

Improves team performance, recognizes and rewards performance, coaches employees, supports their development, and manages poor performance.

Works with stakeholders to ensure effectiveness of risk management controls, analysis and monitoring on a transactional and portfolio basis.

Provides credit coaching, training and support to direct team and other stakeholders as required.

Provides strategic input into business decisions as a trusted advisor.

Makes recommendations to senior leaders based on an in-depth understanding.

Acts as a subject matter expert on relevant regulations and policies.

May network with industry contacts to gain competitive insights and best practices.

Influences and negotiates to achieve business objectives.

Identifies emerging issues and trends to inform decision-making.

Recommends business priorities, advises on resource requirements and develops roadmap for strategic execution.

Manages resources and leads the execution of strategic initiatives to deliver on business and financial goals.

Conducts independent analysis and assessment to resolve strategic issues.

Acts as the prime subject matter expert for internal/external stakeholders.

Ensures alignment between stakeholders.

Develops and manages comprehensive information management systems; designs and/or leads initiatives to improve processes, analysis and reporting.

Defines business requirements for analytics & reporting to ensure data insights inform business decision making.

Leads change management programs of varying scope and type, including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives.

Leads the development of the communication strategy focusing on positively influencing or changing behaviour.

Collaborates across BMO to develop communications strategies and ensure consistency of messaging, in order to positively influence or change behaviour.

Leads the execution of operational programs; assesses and adapts as needed to ensure quality of execution.

Supports credit due diligence activities for bank acquisitions or integration.

Documents decisions with rationale that can be understood and explained.

Keeps abreast of economic and market developments within the portfolio to inform decision making and credit risk policies.

Maintains and enhances knowledge around lending issues, including loan structure, collateral, foreclosure, bankruptcy and the various regulations that directly impact the Bank.

Provides credit risk coaching and advice to sales & service employees to increase awareness of risk, policy, and knowledge of structuring transactions.

Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.

Builds effective relationships with internal/external stakeholders; includes legal and insolvency professionals and other consultants/advisors in the commercial business community.

Gathers and formats data into regular and ad-hoc reports, and dashboards.

Monitors and tracks performance and addresses any issues.

Provides input into the planning and implementation of operational programs.

Executes work to deliver timely, accurate, and efficient service.

Operates at a group/enterprise-wide level and serves as a specialist resource to senior leaders and stakeholders.

Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to problems that can be complex and non-routine.

Implements changes in response to shifting trends.

Broader work or accountabilities may be assigned as needed.

Take measured risks while protecting the bank by applying our Risk Management Framework in the execution of your role, in line with our Risk Culture and within our approved Risk Appetite, making sound and risk informed decisions that align to business strategy, protect assets, and adhere to applicable policy documents (Frameworks, Policies, Standards, Procedures and Supporting documents), laws and regulations.

Qualifications:

Typically 7+ years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.

Credit Qualifications and associated credit knowledge and skills according to the established qualification standards.

In-depth / expert knowledge of banking products & services.

In-depth / expert knowledge of industry trends and regulations.

In-depth / expert knowledge of credit portfolio management policies & procedures, and financing guidelines.

Seasoned professional with a combination of education, experience and industry knowledge.

Verbal & written communication skills - In-depth / Expert.

Analytical and problem solving skills - In-depth / Expert.

Influence skills - In-depth / Expert.

Collaboration & team skills; with a focus on cross-group collaboration - In-depth / Expert.

Able to manage ambiguity.

Data driven decision making - In-depth / Expert.

Salary :

$112,200.00 - $209,000.00

Pay Type:

Salaried

The above represents BMO Financial Group's 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 Group's expected target for the first year in this position.

BMO Financial Group's 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.