Specialist, Loan Quality Control

2 weeks ago


Toronto, Canada BMO Financial Group Full time

33 Dundas Street West Toronto Ontario,M5G 3C2

6 month contract

The Specialist, Loan Quality Control will support loan quality review on the files from BMO’s new broker channel to identify if the vendor is following BMO’s adjudication requirements and policy.

Executes testing to provide insights and recommendations on test results, findings, identified issues, re-performance testing, and continuous improvement insights. Executes testing, monitoring and operational activities of various complexity based on assigned portfolio ensuring adherences to established service levels and standards.
- Provides advice and guidance on control effectiveness, program compliance and issue descriptions.
- Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.
- Analyzes data and information to provide insights and recommendations.
- Supports change management of varying scope and type; tasks typically focused on execution and sustainment activities.
- Executes identified test programs for a variety of specializations to support effective testing & monitoring of controls within business groups and across the Bank.
- Understands the business/group strategy and develops and maintains knowledge of end-to-end processes.
- Develops knowledge related to program and/or area of specialty.
- Develops and maintains effective relationships with internal & external business partners/stakeholders to execute work and fulfill service delivery expectations.
- Participates in planning and implementation of operational testing programs and executes within required service level agreements and standards.
- Executes work to ensure timely, accurate, and efficient service delivery.
- Ensures consistent, high-quality practices/work and the achievement of business results in alignment with business/group strategies and with productivity goals.
- Analyzes root causes of any errors discovered to provide for effective communication of issues to appropriate parties.
- Creates and maintains adequate testing support documentation such as workpapers, testing reports, etc. to support the results of reviews including the write-up of findings/issues for reporting.
- Provides ongoing support to the continuous improvement process of the business unit.
- 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.
- 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.

**Salary**:
$44,500.00 - $82,500.00

**Pay Type**:
Salaried

The above represents BMO Financial Group’s pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.

**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 boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO 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.


  • Loan Specialist

    10 hours ago


    Toronto, Ontario, Canada Loan Full time

    Job DescriptionWe are seeking a highly skilled individual to join our team as a loan specialist. In this role, you will be responsible for assisting customers with their financial needs.Key responsibilities include:Providing exceptional customer serviceAssisting with loan applicationsBenefits of the position include:A competitive salaryThe opportunity to...


  • Toronto, Canada Bank of Montreal Full time

    Specialist, Loan Quality Control (Underwriter)Apply locations: Toronto, ON, CAN REMOTE/TELETRAVAIL, ON, CANTime type: Full timePosted on: Posted 4 Days AgoJob requisition id: R240022654Application Deadline: 01/30/2025Address: 33 Dundas Street WestJob Family Group: Business Management6 month contractThe Specialist, Loan Quality Control will support loan...


  • Toronto, Ontario, Canada BMO Full time

    Application Deadline: 01/02/2025 Address: 33 Dundas Street West Job Family Group: Business Management 6 month contract The Specialist, Loan Quality Control will support loan quality review on the files from BMO's new broker channel to identify if the vendor is following BMO's adjudication requirements and policy. Executes testing to provide insights and...


  • Toronto, Canada BMO Full time

    Application Deadline: 01/02/2025 Address: 33 Dundas Street West Job Family Group: Business Management 6 month contract The Specialist, Loan Quality Control will support loan quality review on the files from BMO’s new broker channel to identify if the vendor is following BMO’s adjudication requirements and policy. Executes testing to provide insights...


  • Toronto, Ontario, Canada Scotiabank Full time

    **Job Description**The Loan Portfolio Specialist is responsible for managing a designated portfolio of commercial loans to ensure it remains at an acceptable level of risk. This involves exercising sound credit judgment in approving and recommending applications, monitoring credit quality, conditions, and collection activity to minimize loan...

  • Loan Closing Analyst

    2 weeks ago


    Toronto, Canada CBRE Full time

    **Loan Closing Analyst** **Job ID** - 183626**Posted** - 27-Sep-2024**Service line** - Advisory Segment**Role type** - Full-time**Areas of Interest** Loan Servicing **Location(s)** Toronto - Ontario - Canada **About the Role** Reporting to the national Loan Closing Manager, responsible for assisting in the closing of loans, including direct CMHC...


  • Toronto, Canada Hot Pop Factory Full time

    Hot Pop Factory is a vibrant and innovative company located in **Toronto, ON**, specializing in creating high-quality, custom print products. We focus on delivering eye-catching designs for promotional materials, posters, brochures, and more. Our mission is to turn creative ideas into tangible pieces that leave a lasting impression on our clients. We’re...


  • Greater Toronto Area, Canada Marathon Mortgage Corp. Full time

    Marathon Mortgage Corp. (MMC) is a growing Canadian mortgage finance company whose success is predicated on its ability to provide competitive mortgage products, mortgage interest rates and reliable service for its borrowers and broker partners. Marathon’s clear aim is to be a formidable presence in the mortgage market by mass-distributing and...

  • Loans Administrator

    4 weeks ago


    Toronto, Canada Moya Financial Full time

    **Position**: Loans Administrator - Full Time **Reports to**: Director of Credit **Location**: Main Branch - 725 Browns Line, Toronto, ON M8W 3V7 **Posting Date**: September 2024 To assist the Credit department in meeting member borrowing needs for personal loans, lines of credit and mortgages, both retail and commercial. Your objective is to support the...


  • Toronto, Canada Bellwoods Brewery Full time

    Bellwoods Brewery is looking for aQuality Control Specialistto become part of our team at the Hafis Road production facility in Toronto. The most suitable applicant for this role will play a key role in maintaining and improving upon our robust quality control program. The Quality Control Specialist will ensure smooth and compliant operation of both our...


  • Toronto, Canada Bellwoods Brewery Full time

    Bellwoods Brewery is looking for aQuality Control Specialistto become part of our team at the Hafis Road production facility in Toronto. The most suitable applicant for this role will play a key role in maintaining and improving upon our robust quality control program. The Quality Control Specialist will ensure smooth and compliant operation of both our...


  • Toronto, Ontario, Canada Peoples Group Full time

    This is an exceptional opportunity to join the Special Loans team at Peoples Group as a Commercial Loan Specialist. As a key member of the team, you will be responsible for evaluating risks, creating strategies to minimize them, and improving overall credit quality. Your expertise in commercial loans and syndicated transactions will be highly valued in this...


  • Toronto, Ontario, Canada Peoples Group Full time

    This is an exceptional opportunity to join the Special Loans team at Peoples Group as a Commercial Loan Specialist. As a key member of the team, you will be responsible for evaluating risks, creating strategies to minimize them, and improving overall credit quality. Your expertise in commercial loans and syndicated transactions will be highly valued in this...


  • Toronto, Canada Bellwoods Brewery Full time

    Bellwoods Brewery is looking for a Quality Control Specialist to become part of our team at the Hafis Road production facility in Toronto. The most suitable applicant for this role will play a key role in maintaining and improving upon our robust quality control program. The Quality Control Specialist will ensure smooth and compliant operation of both our...


  • Toronto, Canada Bellwoods Brewery Full time

    Bellwoods Brewery is looking for a Quality Control Specialist to become part of our team at the Hafis Road production facility in Toronto. The most suitable applicant for this role will play a key role in maintaining and improving upon our robust quality control program. The Quality Control Specialist will ensure smooth and compliant operation of both our...


  • Toronto, ON, Canada Marathon Mortgage Corp. Full time

    Marathon Mortgage Corp. (MMC) is a growing Canadian mortgage finance company whose success is predicated on its ability to provide competitive mortgage products, mortgage interest rates and reliable service for its borrowers and broker partners. Marathon’s clear aim is to be a formidable presence in the mortgage market by mass-distributing and...


  • Toronto, ON, Canada Marathon Mortgage Corp. Full time

    Marathon Mortgage Corp. (MMC) is a growing Canadian mortgage finance company whose success is predicated on its ability to provide competitive mortgage products, mortgage interest rates and reliable service for its borrowers and broker partners. Marathon’s clear aim is to be a formidable presence in the mortgage market by mass-distributing and...


  • Toronto, Ontario, Canada Veeva Systems Full time

    At Veeva Systems, we are dedicated to delivering high-quality software solutions that meet the needs of our customers in the life sciences industry. As a Quality Control Software Specialist, you will have the opportunity to make a meaningful contribution to our team's success.Our company values include Do the Right Thing, Customer Success, Employee Success,...


  • Toronto, Ontario, Canada Webuild Full time

    Webuild, an international construction company of civil engineering pioneers, is seeking a highly skilled Quality Assurance and Control Specialist to oversee the QA/QC functions in the transit industry.The Quality Assurance and Control Specialist will develop and implement quality programs, inspect and verify products/services, and work closely with...


  • Greater Toronto Area, Canada Bellwoods Brewery Full time

    Bellwoods Brewery is looking for a Quality Control Specialist to become part of our team at the Hafis Road production facility in Toronto. The most suitable applicant for this role will play a key role in maintaining and improving upon our robust quality control program. The Quality Control Specialist will ensure smooth and compliant operation of both our...