Bilingual Senior Specialist, Credit Underwriting
at BMO Financial Group
Quebec City, QC, Canada -
Start Date | Expiry Date | Salary | Posted On | Experience | Skills | Telecommute | Sponsor Visa |
---|---|---|---|---|---|---|---|
Immediate | 08 Jul, 2024 | Not Specified | 08 Apr, 2024 | 8 year(s) or above | Good communication skills | No | No |
Required Visa Status:
Citizen | GC |
US Citizen | Student Visa |
H1B | CPT |
OPT | H4 Spouse of H1B |
GC Green Card |
Employment Type:
Full Time | Part Time |
Permanent | Independent - 1099 |
Contract – W2 | C2H Independent |
C2H W2 | Contract – Corp 2 Corp |
Contract to Hire – Corp 2 Corp |
Description:
VIRTUAL61 - HomeRes - QC - BMO XXXXX Quebec,X0X 0X0
B2COperations
- Please note that the selected candidate will have to come to the Montreal office twice per month.
Analyzes new customer credit applications. Makes credit decisions / recommendations in accordance with credit-granting principles.
- Develops solutions and makes recommendations based on an understanding of the business strategy and stakeholder needs.
- Provides advice and guidance to assigned business/group on implementation of solutions.
- Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.
- Helps determine business priorities and best sequence for execution of business/group strategy.
- Conducts independent analysis and assessment to resolve strategic issues.
- Collaborates with internal and external stakeholders to deliver on business objectives.
- Ensures alignment between stakeholders.
- Breaks down strategic problems, and analyses data and information to provide insights and recommendations.
- Designs and produces regular and ad-hoc reports, and dashboards.
- Monitors and tracks performance and addresses any issues.
- 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.
- Supports the development of tailored messaging, which may include writing, editing, and distributing communications.
- Executes routine tasks (e.g. service requests, transactions, queries etc.) within relevant service level agreements.
- Provides input into the planning and implementation of operational programs.
- Adjudicates new credit applications within defined limits or recommends credit products based on sound credit granting principles.
- Completes credit analyses to adjudicate credit applications.
- Responds to incoming inquiries in a prompt and professional manner and escalates issues to superiors or other departments.
- Assists customers and conducts all credit and related transactions.
- Keeps current with established processes, policies, and regulations, and knowledge of products, credit policies, services, and relevant legal, regulatory, and technology requirements.
- May contact customers to obtain, clarify, or confirm information.
- Applies and documents sound credit granting applications and lending decisions.
- Follows security and safeguarding procedures to reduce credit/lending risks.
- 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.QUALIFICATIONS:
- Typically between 8+ years of relevant experience and post-secondary degree in Business or a related field of study or an equivalent combination of education and experience.
- 8+ years of mortgage underwriting experience - required.
- Federal Housing Administration (FHA) and U.S. Department of Veterans Affairs (VA) in the U.S. - required.
- Strong comprehension of HUD Handbook 4155.1 and 4155.2 in the U.S. - required.
- Prior relationship management experience - preferred.
- Expertise in credit and lending products, related regulatory requirements, and secondary market guidelines.
- Experience with web-based approval systems (DU/LP) - required.
- In-depth pipeline management - required.
- Strong comprehension of complicated income structures, including income from multiple sources (e.g. self-employment, rental or trust income, etc.).
- In-depth knowledge of competitive marketplace and trends in product offerings.
- Ability to identify/manage potential risk.
- In-depth knowledge of cash flow, credit, and evaluating collateral.
- In-depth knowledge of complex credit request structures that minimize risk while providing business value to the customer.
- Working knowledge of credit policies, procedures, principles, and philosophy.
- Thorough knowledge of software used to capture credit applications.
- Strong ability to analyze complex financials and tax returns.
- Strong familiarity with credit financial analysis techniques.
- Technical proficiency gained through 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.
- Data driven decision making - In-depth.
This position requires proficiency in English to interact, support and/or provide services to non-French speaking customers, employees and/or partners inside and/or outside the province of Quebec.
Responsibilities:
Please refer the Job description for details
REQUIREMENT SUMMARY
Min:8.0Max:13.0 year(s)
Financial Services
Banking / Insurance
Finance
Graduate
Proficient
1
Quebec City, QC, Canada