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BMO Financial Group Senior Servicing Analyst in Chicago, Illinois

Address:

111 W Monroe - 115 S LaSalle

Job Family Group:

Customer Shared Services

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.

  • Acts as a subject matter expert and first contact for escalation.

  • Assists in processing more complex transactions and customer requests.

  • Addresses customer services issues according to established parameters, escalating as required.

  • Provides advice and guidance to assigned business/group on implementation of solutions.

  • Supports change management of varying scope and type; tasks typically focused on execution and sustainment activities.

  • Executes routine tasks such as service requests, transactions, queries etc. within relevant service level agreements.

  • Investigates and addresses specific customer issues.

  • Organizes work information to ensure accuracy and completeness.

  • Completes administrative activities to ensure the smooth operation of the unit; including scanning and filing documents as required.

  • Supports the development of tools and delivery of training focused on delivering business results.

  • Integrates information from multiple sources to enable more efficient processes, enhanced analysis and/or streamlined reporting.

  • Collaborates to execute loan servicing and monitoring requests.

  • Prepares customer notifications and billings, and processes services and transactions including (but not limited to) 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 may be on a business/group.

  • Thinks creatively and proposes new solutions.

  • Exercises judgment to identify, diagnose, and solve problems within given rules.

  • Works mostly independently.

  • Broader work or accountabilities may be assigned as needed.

Qualifications:

  • Typically between 3 - 5 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 – Good

  • Knowledge of standard desktop applications and department systems and applications – Good.

  • Understanding of business unit’s risk and regulatory requirements – Good.

  • Ability to multi-task in a fast paced environment

  • Specialized knowledge from 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.

We’re here to help

At BMO Harris Bank we are driven by a shared Purpose: Boldly Grow the Good in business and life. It 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.

As a member of the BMO Harris Bank team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset.

To find out more visit us at https://jobs.bmoharris.com.

BMO Harris Bank 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. BMO Harris Bank N.A. is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

BMO Financial Group Serving customers for 200 years and counting, BMO is a highly diversified financial services provider – the 8th largest bank, by assets, in North America. With total assets of $728 billion as of October 31, 2018, and a team of diverse and highly engaged employees, BMO provides a broad range of personal and commercial banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, BMO Wealth Management and BMO Capital Markets.We serve Canadian clients through BMO Bank of Montreal®, our personal and commercial banking business, BMO Nesbitt Burns®*, one of Canada's leading wealth management firms, and BMO Capital Markets™, our North American investment and corporate banking division.In the United States, clients are served through BMO Harris Bank, a major U.S. Midwest personal and commercial bank, and BMO Private Bank, with wealth management offices across the United States, as well as BMO Capital Markets™, our North American investment and corporate banking division.We help our customers make money make sense by delivering the broadest range of financial services through a single point of contact. Our financial service professionals provide access to any services our customers require across the entire enterprise.

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