VIRTUAL61
- REMOTE/TELETRAVAIL
- QC
- BMO Collaborates in the review and evaluation of delinquent, high risk, or written-off accounts for possible collections opportunities. Understands customer needs and provides collections-related sales and service to BMO customers or prospects. Advises customers on payment strategies and products that meet their objectives. Fulfills sales and service activities for the customer in accordance with approved procedures. Support areas may include, but are not limited to, coaching and training, quality audits, vendor management and credit collection disputes. Delivers exceptional customer service that builds trust through expertise, responsive service and support. Develops and maintains long-term, profitable relationships and expands share of wallet. Executes established loss mitigation processes/procedures for the resolution of non-performing and high risk accounts. Probes to understand customer needs and provides advice related to payments and overall collections strategies in the best interests of the customer. Sends out client communications, processes transactions and interacts with internal stakeholders to ensure customer needs are met. Integrates marketing promotions and programs into customer conversations as appropriate. Analyzes data and information to provide insights and recommendations. Manages all transactions related to customer calls or refers to appropriate internal business groups. Escalates complex or unresolved customer situations to managers as required. Completes required documentation to ensure customer's requests are accurately processed. Collaborates in efficient functioning of collections life cycle. Includes participating in the execution of established loss mitigation solutions for the successful resolution of non-performing and high risk accounts.



Solutions range from various loan modification options to liquidation for borrowers with delinquent and high risk loans in order to offer default / foreclosure alternatives and minimize losses. Delivers exceptional customer service that builds trust through expertise, responsive service and support. Follows documented policies and procedures to execute transactions, activities and processes. Keeps abreast of needs of the Collections departments. Maintains current knowledge of collections strategies, practices, and trends and integrates into customer conversations in a professional manner. Maintains the confidentiality of customer and Bank information. Supports continuous improvement initiatives by identifying and implementing changes to make processes more effective and efficient. Develops and maintains awareness of industry trends and best practices and the regulatory environment as it relates to collections products and services. Take measured risks while protecting the bank by applying our Risk Management Framework in the execution of your role, in line with our Risk Culture and within our approved Risk Appetite, making sound and risk informed decisions that align to business strategy, protect assets, and adhere to applicable policy documents (Frameworks, Policies, Standards, Procedures and Supporting documents), laws and regulations.



Typically between 1 – 2 years of relevant experience and post-secondary degree in related field of study desirable or an equivalent combination of education and experience. Working knowledge of federal, state/provincial and local laws pertaining to Consumer Collections and functional area. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. BMO Financial Group's total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. It calls on us to create lasting, positive change for our customers, our communities and our people. 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 current 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. Accommodations are available on request for candidates taking part in all aspects of the selection process. BMO is a leading bank driven by a single purpose: to Boldly Grow the Good in business and life. Everywhere we do business, we're focused on building, investing and transforming how we work to drive performance and continue growing the valuable. We're proud to be fueling growth and expanding possibilities for individuals, families and businesses. More than 12 million customers count on us for personal and commercial banking, wealth management and investment services. As the 8th largest bank in North

📌 Account Specialist (Canada)
🏢 Bank of Montreal
📍 Canada