Senior Deal Specialist – Commercial Lending recruitment
At our company, we have been helping our customers and communities for over 125 years. In July 2011, our parent company BMO Financial Group acquired Marshall Ilsley Corporation (MI). Over the next year, we will be working to bring the best of Harris and MI together under the BMO Harris Bank name. Working with us means being part of a team of talented, passionate individuals with a shared focus on working together to deliver great customer experiences. We stand behind your success with the support you need to turn your potential into performance.
BMO Harris Bank is committed to an inclusive, equitable and accessible workplace. We are an Equal Opportunity Employer. By embracing diversity, we gain strength through our people and our perspectives.
MANDATE
This is a Senior Deal Specialist position supporting the Dealership Finance group. Primary responsibilities include drafting loan documentation and reviewing attorney prepared loan documentation, ensuring terms of deal reflect the credit approval, working closely with Relationship Managers and the loan servicing team to coordinate new deal closings and amendments, and ongoing maintenance of the portfolio.
Manage and/or monitor a complex portfolio of work representing a significant amount of risk. Provide services and/or support in one or more product/ process/ control areas within a specific product group, and ensure adherence to related regulatory and Bank policies and procedures (PPs). Accountable for functions that require specialized handling and skills, act as the key escalation point for product group business challenges, and apply in-depth product knowledge to ensure consistency and effectiveness of service and support and effective management of risk and controls.
Act as a key control over critical business activities related to the area of expertise, with a significant involvement in analyzing and advising on the business implications of options, to facilitate effective and comprehensive understanding of business decisions. This role meets operational and financial objectives within a six- to twelve-month time horizon.
a) Knowledge:
• University degree/college diploma or equivalent work experience
• 5 to 7 years of commercial loan, dealer floor plan loans and/or credit related experience
Experience in preparing legal loan documentation and reviewing attorney prepared loan documentation
Paralegal certificate, or equivalent experience
• Solid knowledge of standard desktop applications used by the business unit (Microsoft Office Suite)
• Solid knowledge and understanding of business unit’s key products and services, processes and controls
• Solid understanding of business unit’s risk and regulatory requirements
• Solid knowledge of departmental systems and applications
• Solid knowledge of process and/or project management
• Solid understanding of internal business partner’s business, services and organization
b) Skills:
Experience with LoanIQ a plus
Experience with Datascan a plus
• Strong skills with MS Excel and Word
• Strong investigation skills
• Strong prioritization skills
• Strong customer service and relationship management skills
• Strong coaching, mentoring and training skills
• Strong conflict management/ resolution skills
• Strong written and oral communication skills
• Ability to multi-task in a fast-paced environment
BMO Harris Bank thanks all applicants. We advise only those who qualify for an interview will be contacted.
www.harrisbank.com/careers