[Hiring] Loan Quality Control Specialist @BMO

Role Description

The Bilingual Specialist (English & French) Loan Quality Control will support mortgage quality review to verify vendor's underwriting practice following BMO’s requirements.

• Proficiency in both English and French is required.
• Underwriting experience of residential mortgages is highly preferred.
• Executes work and audits files to ensure timely, accurate, and efficient service delivery.
• Ensures consistent, high-quality practices/work and the achievement of business results in alignment with business/group strategies and productivity goals.
• Analyzes root causes of any errors discovered during underwriting to provide effective communication and coaching.
• Provides ongoing support to the continuous improvement process of the business unit.
• Thinks creatively and proposes new solutions.
• Exercises judgment to identify, diagnose, and solve problems within given rules.
• Works mostly independently.
• Broader work or accountabilities may be assigned as needed.

Qualifications

• Typically, between 3 – 5 years of relevant experience and post-secondary degree in a related field of study or an equivalent combination of education and experience.
• Underwriting experience of residential mortgages is highly preferred.
• Bilingual skills will be considered an asset.
• Verbal & written communication skills (English & French) - In-depth.
• Collaboration & team skills - In-depth.
• Analytical and problem-solving skills - In-depth.
• Fluent in French and English to support business operations outside the province of Quebec.

Requirements

• Salary: $45,000.00 - $100,000.00
• Pay Type: Salaried
• 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 the 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.
• To view more details of our benefits, please visit: BMO Total Rewards

Company Description

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 boundaries, we transform lives and businesses, and power economic growth around the world.
• As a member of the BMO 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 Careers .
• BMO is committed to an inclusive, equitable, and accessible workplace.
• Accommodations are available on request for candidates taking part in all aspects of the selection process.