BMO Collections Recovery Specialist
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BMO seeks an Account Specialist focused on recovery strategies, customer guidance, and risk informed decisions across non performing accounts.
This specialist collaborates throughout the collections life cycle, reviewing account data and recommending solutions. You help resolve delinquent and high risk loans through loss mitigation options, liquidation, and default or foreclosure alternatives. You also maintain customer trust through responsive service, informed calls, and clear payment status updates.
Key Responsibilities:
- Determine collection probability through account analysis
- Develop tactics and action plans maximizing recovery
- Execute established loss mitigation solutions
- Gather data for reports and dashboards
- Escalate complex situations to managers when required
Requirements:
- Three to five years of relevant experience
- Related post secondary education or equivalent background
- Knowledge of BMO products and services
- Good knowledge of applicable Consumer Collections laws
- In depth collaboration and analytical skills
Support BMO recovery objectives with account analysis, customer advice, loss mitigation knowledge, and disciplined risk management.
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