Bilingual Restructure Specialist

Posted 21 hours ago

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About the role

  • Bilingual Restructure Specialist at BMO reviewing accounts and providing collections-related service. Building customer relationships to deliver exceptional service in a bilingual environment.

Responsibilities

  • 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
  • Supports 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 rapport and instils confidence with clients in order to develop credibility and earn their trust as relationship manager
  • Develops and maintains long-term, profitable relationships and expands share of wallet
  • Contacts the customer to obtain the necessary information to manage their application (as required)
  • Executes established loss mitigation processes/procedures for the resolution of non-performing and high risk accounts
  • Handles incoming calls in an informed, professional, and efficient manner
  • 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
  • Establishes expertise with Consumer Collections personnel as a key support contact/resource/coach with proficiency and tools to assist departments in achieving goals
  • 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
  • Organizes work information to ensure accuracy and completeness
  • 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
  • Delivers exceptional customer service that builds trust through expertise, responsive service and support
  • 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
  • Completes complex & diverse tasks within given rules/limits and may include handling escalations from other employees
  • Analyzes issues and determines next steps

Requirements

  • Typically between 2 - 3 years of relevant experience
  • Post-secondary degree in related field of study desirable or an equivalent combination of education and experience
  • Knowledge of federal, state/provincial and local laws pertaining to Consumer Collections and functional area - Good
  • Knowledge of BMO products and services - Good
  • Knowledge of competitive marketplace and trends in product offerings
  • Specialized knowledge
  • Verbal & written communication skills - Good
  • Organization skills - Good
  • Collaboration & team skills - Good
  • Analytical and problem solving skills - Good
  • Fluent in French and English

Benefits

  • health insurance
  • tuition reimbursement
  • accident and life insurance
  • retirement savings plans

Job title

Job type

Full Time

Experience level

JuniorMid level

Salary

CA$38,500 - CA$71,000 per year

Degree requirement

Bachelor's Degree

Location requirements

RemoteCanada

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