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Transaction Support Specialist

Transaction Support Specialist

BmoIrving, TX, US
7 days ago
Job type
  • Part-time
Job description

Transaction Support Specialist

The Transaction Support Specialist will join the Commercial Banking Operations, Transportation Finance Operations Team in Irving, TX.

What will support your success in this role :

  • Experience in Auto Finance loan origination and / or funding
  • Background in Mortgage or Consumer lending loan processing is a plus

Provides loan closing and portfolio monitoring support in a professional and timely manner. Facilitates the loan closing process, commitment management and the booking and accounting of the loan portfolio ensuring all required policies, guidelines and standards are met. Delivers exceptional customer service by providing responsive, accurate, consistent, knowledgeable services and support.

  • Supports change management of varying scope and type; tasks typically focused on execution and sustainment activities.
  • Completes administrative activities to ensure the smooth operation of the unit; including scanning and filing documents as required.
  • Executes routine tasks such as service requests, transactions, queries etc. within relevant service level agreements.
  • Organizes work information to ensure accuracy and completeness.
  • Supports the development of tools and delivery of training focused on delivering business results.
  • Integrates information from multiple sources to enable more efficient processes, enhanced analysis and / or streamlined reporting.
  • Participates in deal closing events to ensure conditions and funding requirements have been met.
  • Analyzes the credit documentation to the credit approval, structures the loan parameters on the lending system and communicates deal information to deal stakeholders.
  • Tracks and monitors credit, legal and compliance documentation and participates in the follow up and escalation process when issues are identified.
  • Gathers additional documentation from the customer and / or internal / external stakeholders to ensure all required information is available to fulfill client requests.
  • Manages customer documentation to ensure that records are maintained in a proper manner.
  • Investigates and addresses customer services issues according to established parameters, referring or escalating as required.
  • Collaborates with internal and external stakeholders to deliver on business objectives.
  • Analyzes data and information to provide insights and recommendations.
  • Develops knowledge around a customer's business, industry, and market in effort to better service their needs.
  • May prepare legal documents.
  • Collaborates in identifying, recommending and implementing workflow improvements to deliver a more efficient operation.
  • Completes 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 - 3 years of relevant experience and post-secondary degree in related field of study desirable or an equivalent combination of education and experience.
  • Knowledge and understanding of business unit's key products and services, processes and controls Good.
  • Knowledge of standard desktop applications and department systems and applications Good.
  • Understanding of business unit's risk and regulatory requirements Good.
  • Accurate data entry skills.
  • Specialized knowledge.
  • Verbal & written communication skills - Good.
  • Organization skills - Good.
  • Collaboration & team skills - Good.
  • Analytical and problem solving skills - Good.
  • Salary : $41,714.00 - $69,000.00

    Pay Type : Salaried

    The above represents BMO Financial Group's pay range and type.

    Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group's expected target for the first year in this position.

    BMO Financial Group's total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans.

    BMO is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristics.

    BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to BMOCareers.Support@bmo.com and let us know the nature of your request and your contact information.

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