BBSA Relationship Manager

Bank of Montreal

Job Overview

Location

Virtual, WI, USA

Job Type

Full-time

Full Job Description

📋 Description

• Delivers an exceptional customer experience for a defined portfolio of high risk, business purpose lending accounts by supporting the management and administration of the accounts.
• Executes strategies to minimize the Bank’s loss exposure and effectively manage risks.
• Develops and maintains long-term, profitable relationships and expands share of wallet.
• Sends out client communications, processes transactions and interacts with internal stakeholders to ensure customer needs are met.
• Addresses the most complex escalated customer requests and transactions.
• Contacts the customer to obtain the necessary information to manage their application (as required) ensuring the customer is aware at all times of the status/result of the present and future payments.
• Executes established loss mitigation processes/procedures for the resolution of non-performing, high risk accounts.
• Develops solutions and makes recommendations based on an understanding of the business strategy and stakeholder needs.
• Provides advice and guidance to assigned business/group on implementation of solutions.
• Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.
• Helps determine business priorities and best sequence for execution of business/group strategy.
• Conducts independent analysis and assessment to resolve strategic issues.
• Collaborates with internal and external stakeholders in order to deliver on business objectives.
• Breaks down strategic problems, and analyses data and information to provide insights and recommendations.
• Monitors and tracks performance, and addresses any issues.
• Provides input into the planning and implementation of operational programs.
• Follows corporate policies, operating directives, laws and regulatory requirements.
• Identifies opportunities to manage costs and increase effectiveness.
• Makes recommendations to improve BMO processes and systems.
• Executes routine tasks such as service requests, transactions, queries etc. within relevant service level agreements.
• Supports the development and promotion of a business/group program.
• Identifies business needs, designs/develops tools and training programs; may include delivery of training to audiences.
• Employs systems (e.g. customized exception reports, tracking reports etc.) to manage information.
• Analyzes and assesses overall financial performance of accounts to reach informed recommendations and decisions.
• Supports the development and monitoring of strategies and action plans; escalates as required.
• Ensures all reporting, account entries, monitoring systems and other requirements are performed accurately and in a timely manner.
• Develops and maintains awareness of regulatory environment, industry trends and best practices related to account management and collections practices.
• 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 (Frameworks, Policies, Standards, Procedures and Supporting documents), laws and regulations.

🎯 Requirements

• 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.
• Credit Qualifications and associated credit knowledge and skills according to the established qualification standards.
• Knowledge of banking products & services - In-depth.
• Knowledge of industry trends and regulations - In-depth.
• Knowledge of credit portfolio management policies & procedures, and financing guidelines - In-depth.
• 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.

🏖️ Benefits

• Health insurance
• Tuition reimbursement
• Accident and life insurance
• Retirement savings plans
• Performance-based incentives
• Discretionary bonuses
• Other perks and rewards

Skills & Technologies

Onsite

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Bank of Montreal

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About Bank of Montreal

Bank of Montreal, founded in 1817, is one of North America’s largest diversified financial services providers. It offers personal, commercial, corporate, and investment banking, wealth management, and capital markets services across Canada, the United States, and select global markets. The bank serves over 13 million customers through a network of branches, digital platforms, and specialized subsidiaries. BMO is traded on the Toronto and New York stock exchanges and is recognized for its commitment to sustainable finance and community investment.

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