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Mortgage, Subordination Specialist

Company: BMO Harris Bank
Location: Naperville
Posted on: May 3, 2021

Job Description:

Address:1200 E.Warrenville RoadJob Family Group:Customer SolutionsThe Mortgage, Subordination Specialist will analyze new customer credit applications. Makes credit decisions / recommendations in accordance with credit-granting principles.Coordinates and executes specific activities for the implementation of strategic initiatives; includes tracking metrics and milestones.Collaborates with internal and external stakeholders to deliver on business objectives.Analyzes data and information to provide insights and recommendations.Gathers and formats data into regular and ad-hoc reports, and dashboards.Supports change management of varying scope and type; tasks typically focused on execution and sustainment activities.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.Adjudicates new credit applications within defined limits or recommends credit products based on sound credit granting pletes 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 pletes complex & diverse tasks within given rules/limits and may include handling escalations from other employees.Analyzes issues and determines next steps.Broader work or accountabilities may be assigned as needed.Qualifications:Typically between 2 - 4 years of relevant experience and post-secondary degree in Business or a related field of study desirable or an equivalent combination of education and experience.2+ years previous underwriting experience.Prior relationship management experience - asset.Working knowledge of commercial and/or private banking loan products.Working knowledge of cash flow, credit, and collateral evaluation.Working knowledge of financial statement analysis and review of tax returns.Working knowledge of credit bureau reports / reporting.Basic knowledge of credit policies, procedures, principles, and philosophy.Knowledge of lending products and processes - Working.Knowledge of operational processes and supporting applications and policies - In-depth.Specialized knowledge.Verbal & written communication skills - anization skills - Good.Collaboration & team skills - Good.Analytical and problem solving skills - Good.We're here to helpAt BMO Harris Bank 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 boundaries, we transform lives and businesses, and power economic growth around the world.As a member of the BMO Harris Bank team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one - for yourself and our customers. We'll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we'll help you gain valuable experience, and broaden your skillset.To find out more visit us at .BMO Harris Bank is committed to an inclusive, equitable and accessible workplace. By learning from each other's differences, we gain strength through our people and our perspectives. BMO Harris Bank N.A. is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.Full timeSDL2017

Keywords: BMO Harris Bank, Naperville , Mortgage, Subordination Specialist, Other , Naperville, Illinois

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