Lending Specialist

Adresse:
100 King Street West

Groupe de famille d'emploi:
Vente et serv-Gest patrimoine

Provides a superior level of customer service and portfolio management in lending services for all existing and potential clients and in support of a team of banking and lending specialists, and relationship managers. Provides technical expertise for proactive credit analysis, structuring, decisions, and portfolio monitoring. Applies lending expertise to a lending product portfolio or part of the lending process (e.g. underwriting, funding, monitoring). Makes credit decisions/recommendations in accordance with sound credit-granting principles and in compliance with Bank policy & procedures.

**Qualifications**:

- Assists in preparing new business proposals or presentations to clients/prospects.
- Assists in preparing for client meetings and account opening documentation.
- Assists with the development of client communications as required.
- Identifies and recommends workflow process alternatives that can lead to improved efficiency and service levels.
- Ensures timely resolution of all client questions and concerns, both internal and external.
- Performs client sales & service support activities as required to meet client needs and maintain overall service standards.
- Determines client needs and ensures timely and accurate completion of transaction processing.
- Provides after sales support and handles exceptions tactfully, accurately and efficiently in accordance with Bank policy.
- Reviews and provides feedback and best practices about client solutions and credit structure.
- Maintains detailed knowledge and understanding of the integrated private banking services and offerings and lending procedures.
- Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.
- Collaborates with internal and external stakeholders in order to deliver on business objectives.
- Completes comprehensive analysis for risk, financial and profitability rating and assessments.
- Breaks down strategic problems, and analyses data and information to provide insights and recommendations.
- Monitors and tracks performance, and addresses any issues.
- Designs and produces regular and ad-hoc reports, and dashboards.
- Implements and monitors procedural and policy changes as required.
- Manages operational audits and controls for banking and general branch administration.
- Manages day to day portfolio administration activities through the completion of a wide variety of credit, non-credit, and related activities.
- Monitors the timely and accurate setup & maintenance of accounts, including account setups, collateralization, and documentation.
- Provides input into the planning and implementation of operational programs.
- May specialize as either a funding specialist or a credit underwriting specialist.
- Mitigates identified risks and makes credit recommendations/decisions in accordance with sound credit-granting principles and compliance with the Bank’s philosophy and principles outlined in corporate risk policy and supporting policies and procedures.
- Executes set-up, maintenance, and advancement of lending products and related account administration as per guidelines.
- Verifies and processes loan drawdowns, ensuring they are within the terms of the credit authorization and completion of required security documentation.
- Reviews and actions overdrafts and other monitoring reports in a timely manner.
- Sets up and completes margin / covenant tests within established timeframes.
- Maintains control of security collateral including preparation and registration.
- Identifies, diarizes, and monitors accounts for security renewals, registrations, and other expiry dates to meet compliance requirements.
- Monitors and controls the integrity of lending documentation.
- Identifies and escalates irregularities and discrepancies to management as per guidelines.
- Collects fees applicable to credit terms and conditions or account agreement.
- Participates in assigned audits and compliance reviews.
- Ensures proper adherence to the code of conduct and ethical guidelines.
- Follows security and safeguarding procedures and applies appropriate due diligence for the prevention of loss due to fraud, counterfeiting money laundering or defalcation in accordance with Bank policy.
- Protects the Bank’s assets by adhering to all banking, investment and lending regulations, policies, and procedures, legal and ethical requirements, process requirements, bank guidelines, and established risk guidelines.
- 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.
- Typically between 4 - 6 years of relevant experience and post-secondary degree in related fie