Special Accounts Management Unit, Account Manager - Halifax, Canada - BMO Financial Group

BMO Financial Group

Verified Company

Halifax, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

1675 Grafton Street Halifax Nova Scotia,B3J 0E- Contributes to the development and implementation of lending related policies and procedures.

Acts as a trusted advisor to assigned business/group.
Influences and negotiates to achieve business objectives; includes action plans with debtor and guarantors.
Recommends and implements solutions based on analysis of issues and implications for the business.
Assists in the development of strategic plans.
Identifies emerging issues and trends to inform decisionmaking.
Identifies business needs, designs/develops tools and training programs; may include delivery of training to audiences.
Helps determine business priorities and best sequence for execution of business/group strategy.
Conducts independent analysis and assessment to resolve strategic issues.
Ensures alignment between stakeholders.
Integrates information from multiple sources to enable more efficient processes, enhanced analysis and/or streamlined reporting.
Employs systems (e.g. customized exception reports, tracking reports etc.) to manage information.
Breaks down strategic problems, and analyses data and information to provide insights and recommendations.
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.
Leads or participates in defining the communication plan designed to positively influence or change behaviour; develops tailored messaging; and identifies appropriate distribution channels.
Provides technical expertise to other team members, acting as a goto person for the team.
Supports the manager by coordinating and managing workflow and exception requests; escalates any concerns.
Provides input into the planning and implementation of operational programs.
Monitors the financial and risk performance of account portfolio; performs financial and risk analysis of customer and account information to provide insights and recommendations on how to improve quality, liquidity and Bank's security position.
Documents decisions on credit transactions with rationale that can be understood and explained to customers.
Identifies and advises on terms, conditions and collateral requirements for the transaction decision as well as alternative solutions.
Keeps abreast of economic and market developments within the portfolio to inform decision making and credit risk policies.
Maintains and enhances knowledge around lending issues, including loan structure, collateral, foreclosure, bankruptcy and the various regulations that directly impact the Bank.
Provides credit risk coaching and advice to sales & service employees to increase awareness of risk, policy, and knowledge of structuring transactions.
Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.
Builds effective relationships with internal/external stakeholders; includes legal and insolvency professionals and other consultants/advisors in the commercial business community.
Gathers and formats data into regular and adhoc reports, and dashboards.
Monitors and tracks performance and addresses any issues.
Provides input into the planning and implementation of operational programs.
Executes work to deliver timely, accurate, and efficient service.
Focus is primarily on business/group within BMO; may have broader, enterprisewide focus.
Provides specialized consulting, analytical and technical support.
Exercises judgment to identify, diagnose, and solve problems within given rules.
Works independently and regularly handles nonroutine situations.
Broader work or accountabilities may be assigned as needed

Qualifications:

Typically between 7 years of relevant experience and postsecondary degree in related field of study or an equivalent combination of education and experience.
Credit Qualifications and associated credit knowledge and skills according to the established qualification standards.
Indepth knowledge of banking products & services.
Indepth knowledge of industry trends and regulations.
Indepth knowledge of credit portfolio management policies & procedures, and financing guidelines.
Proven leadership skills and highly developed coaching skills.
Deep knowledge and technical proficiency gained through extensive education and business experience.
Verbal & written communication skills
Indepth.
Collaboration & team skills
Indepth.
Analytical and problem solving skills
Indepth.

Influence skills

Indepth.
Data driven decision making
Indepth.

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 boundari