Senior Servicing Lead

Provides loan servicing and monitoring support for corporate and commercial lending portfolios in a professional and timely manner. Delivers agreed lending/financing services as specified in the credit agreement/approval and ensures all required policies, guidelines and standards are met. Responsibilities Addresses more complex escalated customer requests and transactions or escalates with recommendations. Provides advice and guidance to assigned business/group on implementation of solutions. Develops solutions and makes recommendations based on an understanding of the business strategy and stakeholder needs. Builds change management plans of varying scope and type; leads or participates in a variety of change management activities including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives. Participates in defining the communication plan designed to positively influence or change behaviour; develops tailored messaging; and identifies appropriate distribution channels. May act as Team Lead and assist manager in activities such as coordination and scheduling of work, workload management, resource forecasting, quality control, training, coaching team members and problem resolution. Processes more complex transactions and activities. Researches and resolves discrepancies and issues or escalates to manager, as required. Provides input into the planning and implementation of operational programs. Provides input to manager in relation to team performance discussions. Leads/participates in the design, implementation and management of core business/group processes. Identifies business needs, designs/develops tools and training programs; may include delivery of training to audiences. Acts as the day to day contact for vendors; supports the implementation, maintenance, and sustainment of vendor solutions. Collaborates to execute loan servicing and monitoring requests. Prepares customer notifications and billings, and processes services and transactions including loan advances/payments, wire transfers, billing for principal/interest/fees, monitoring collateral positions, financial exceptions, etc. Executes and manages documentation to ensure that records are maintained in a proper manner. Analyzes data and information to provide insights and recommendations. Collaborates with internal and external stakeholders to deliver on business objectives. Supports change management of varying scope and type; tasks typically focused on execution and sustainment activities. Builds effective relationships with internal/external stakeholders. Focus is primarily on business/group within BMO; may have broader, enterprise-wide focus. Exercises judgment to identify, diagnose, and solve problems within given rules. Works independently on a range of complex tasks, which may include unique situations. 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, laws and regulations. Qualifications Typically between 4 - 6 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience. Knowledge and understanding of business unit’s products and services, processes and controls – In-depth. Knowledge of standard desktop applications (i.e. Excel, etc.) and department systems and applications – In-depth. Understanding of business unit’s risk and regulatory requirements – In-depth. Ability to multi-task in a fast paced environment. Technical proficiency gained through education and/or business experience. Verbal & written communication skills – In-depth. Collaboration & team skills – In-depth. Analytical and problem solving skills – In-depth. Influence skills – In-depth. Data driven decision making – In-depth. Salary Salaried. $57,500.00 - $106,500.00. Salaries may vary based on factors such as location, skills, experience, education, and qualifications for the role and may include a commission structure. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position. Benefits BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. For more details of our benefits, please visit Equal Employment Opportunity BMO is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristics. We also consider applicants with criminal histories, consistent with applicable federal, state and local law. BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. #J-18808-Ljbffr