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
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