Special Accounts Management Unit, Account Manager

1 month ago


Halifax, Canada BMO Financial Group Full time

1675 Grafton Street Halifax Nova Scotia,B3J 0E9
- Contributes to the development and implementation of lending related policies and procedures.
- Acts as a trusted advisor to assigned business/group.
- Influences and negotiates to achieve business objectives; includes action plans with debtor and guarantors.
- Recommends and implements solutions based on analysis of issues and implications for the business.
- Assists in the development of strategic plans.
- Identifies emerging issues and trends to inform decision-making.
- Identifies business needs, designs/develops tools and training programs; may include delivery of training to audiences.
- Helps determine business priorities and best sequence for execution of business/group strategy.
- Conducts independent analysis and assessment to resolve strategic issues.
- Ensures alignment between stakeholders.
- Integrates information from multiple sources to enable more efficient processes, enhanced analysis and/or streamlined reporting.
- Employs systems (e.g. customized exception reports, tracking reports etc.) to manage information.
- Breaks down strategic problems, and analyses data and information to provide insights and recommendations.
- 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.
- Leads or participates in defining the communication plan designed to positively influence or change behaviour; develops tailored messaging; and identifies appropriate distribution channels.
- Provides technical expertise to other team members, acting as a go-to person for the team.
- Supports the manager by coordinating and managing workflow and exception requests; escalates any concerns.
- Provides input into the planning and implementation of operational programs.
- Monitors the financial and risk performance of account portfolio; performs financial and risk analysis of customer and account information to provide insights and recommendations on how to improve quality, liquidity and Bank’s security position.
- Documents decisions on credit transactions with rationale that can be understood and explained to customers.
- Identifies and advises on terms, conditions and collateral requirements for the transaction decision as well as alternative solutions.
- 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.
- Focus is primarily on business/group within BMO; may have broader, enterprise-wide focus.
- Provides specialized consulting, analytical and technical support.
- Exercises judgment to identify, diagnose, and solve problems within given rules.
- Works independently and regularly handles non-routine situations.
- Broader work or accountabilities may be assigned as needed.** Qualifications**:

- Typically between 5 - 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 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.
- Proven leadership skills and highly developed coaching skills.
- Deep knowledge and technical proficiency gained through extensive education and 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.

**We’re here to help**

At BMO 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 boundari



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