Senior Document Compliance Analyst

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The Senior Document Collateral & Compliance Analyst works closely with the BMO Agented business sectors Corporate & Commercial Lending Operations team members and the management staff as a subjectmatterexpert for lending documents collateral and compliance activities. Their primary portfolio focus will support commercial loans in which BMO is the lead agent bank in syndication deals. Independently analyzes business processes and provides recommendations for improvement. Work on complex assignments projects and audits.

• Analysts collect organize catalog and preserve important company documents including promissory notes credit agreements and mortgages. Conducts accuracy reviews of UCC Liens and mortgage filings to ensure documentation is in accordance with policies and regulations.
• The bank will receive nonpossessory collateral like recorded mortgages and/or physical possessory collateral including stocks and bonds. The analyst is responsible for receipt maintenance filing and withdrawals. Conduct quarterly and annual audits of the collateral vault.
• Duties may require assistance for deposit receipt of a borrowers financial compliance insurance and collateral borrowing bases for document tracking in our lending system. Provides assurance as to the quality of Borrower Compliance Doc Tracking to promote efficient and effective processes and workflow.

Experience with Collateral and Liens is an asset. Syndicated loans experience and knowledge is beneficial.

Provides daytoday delivery of critical lending operations processes including loan administration and servicing activities. Supports the of payments transactions service requests administrative activities and processes and fulfillment of stakeholders inquiries/requests within relevant service level agreements. Collaborates with stakeholders to promote efficient and effective processes and work flow establish positive working relationships across the organization and to achieve business results and deliver the intended customer and employee experience. Lending operations includes specialized operations processes and activities for mortgages consumer lending products leasing and/or commercial lending products.

• Works with a diverse industry market which includes Asset & Wealth Management Energy & Oil Leveraged Lending Dealer Finance Food & Consumer Real Estate Insurance and more.
• Assume ownership of customer and business partner concerns and resolve the issue while providing clear solutions.
• Schedule compile and monitor various weekly monthly and quarterly reporting.
• Keep abreast of internal standards and business goals and ensure the organization achieves reporting regulatory and audit compliance.
• Executes routine tasks such as service requests transactions queries etc. within relevant service level agreements.
• Completes investigations assigned tasks reports and contributes to overall review assessments in a timely and accurate manner with appropriate diligence.
• Collaborates with team members to identify and resolve all irregularities errors and escalate issues where necessary as per guidelines.
• Responds directly to standard inquiries and instructions from internal business partners or other stakeholders (e.g. other operations teams) according to guidelines.
• Supports the of strategic initiatives in collaboration with internal and external stakeholders.
• Communicates with internal business partners and external customers to respond to standard and nonstandard inquiries.
• Supports change management of varying scope and type; tasks typically focused on and sustainment activities..
• Resolves standard and relatively straightforward issues referring nonroutine issues to more senior team members and/or manager.
• Performs administrative tasks such as distributing/collecting/filing/etc. documentation and information.
• May function as a problemsolving resource for more junior staff.
• Provides input and analysis into and participates in the planning testing and implementation of continuous improvement projects as required.
• Provides accurate and timely processing of service requests transactions activities etc. within relevant service level agreements and in accordance with established policies processes and procedures.
• Checks and reconciles information and documentation to ensure accuracy and completeness.
• Identifies and resolves discrepancies in accordance with standard procedures. Escalates issues where necessary as per guidelines.
• Data enters reviews and verifies loan information and documentation for processing and/or further handling.
• Manages documentation to ensure that records are maintained in a proper manner.
• Collaborates in development/implementation of new processes/systems and changes/improvements to existing systems and processes.
• Develops and maintains an understanding of the regulatory requirements and risks inherent in the operations to ensure appropriate actions are taken and operational integrity is maintained.
• Supports the development of tools and delivery of training focused on delivering business results.
• 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 postsecondary degree in related field of study or an equivalent combination of education and experience.
• 3 to 5 years of banking/lending knowledge related to private commercial or residential lending is an asset.
• Knowledge of Loan IQ LLT Livelink or vendor website programs or equivalent lending applications is an asset.
• PC skills (MS Word Excel PowerPoint) Indepth.
• Knowledge of the risk and regulatory requirements of the business Indepth.
• Time management & Prioritization skills Good.
• Strong verbal & written communication skills
• Organization skills Good.
• Collaboration & team skills Indepth.
• Analytical and problem solving skills with high attention to detail Good.

Salary:

Pay Type:

The above represents BMO Financial Groups 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 parttime roles will be prorated based on number of hours regularly worked. For commission roles the salary listed above represents BMO Financial Groups expected target for the first year in this position.

BMO Financial Groups total compensation package will vary based on the pay type of the position and may include performancebased 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: Us

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. Well support you with the tools and resources you need to reach new milestones as you help our customers reach theirs. From indepth training and coaching to manager support and networkbuilding opportunities well help you gain valuable experience and broaden your skillset.

To find out more visit us at 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. We also consider applicants with criminal histories consistent with applicable federal state and local law.

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 email to and let us know the nature of your request and your contact information.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO directly or indirectly will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid written and fully executed agency agreement contract for service to submit resumes.