Cash Controllership Specialist

BMO•Cedar Rapids, IA

1d•Onsite

About The Position

The BMO Transportation and Vendor Finance Operations team is hiring a Cash Controllership Specialist to play a key role in supporting treasury operations and financial controls. This position is responsible for daily bank account balancing, refund approvals, and other controllership activities that directly support accurate cash management and sound financial governance. Success in this role requires strong analytical capabilities, solid problem solving skills, and the ability to communicate clearly with internal business partners. Candidates with accounting experience will be well positioned to thrive in this role and grow within the organization. Provides day-to-day delivery of critical lending operations processes including loan administration and servicing activities. Supports the execution 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. May function as a problem-solving resource for team members.

Requirements

Strong analytical capabilities
Solid problem solving skills
Ability to communicate clearly with internal business partners
Typically between 2 - 3 years of relevant experience
Knowledge and experience using relevant systems and technology – Good
Knowledge and understanding of the business unit’s key products and services, processes and controls – Good
Knowledge of the risk and regulatory requirements of the business – Good
Prioritization skills – Good
PC skills (MS Word, Excel, PowerPoint) – Good
Specialized knowledge
Verbal & written communication skills - Good
Organization skills - Good
Collaboration & team skills - Good
Analytical and problem solving skills - Good

Nice To Haves

Accounting experience
Post-secondary degree in related field of study

Responsibilities

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
Provides accurate, consistent, knowledgeable responses to stakeholder questions and requests
Follows documented policies and procedures to execute day to day transactions, activities, processes and ensure all Service Level Agreements(SLAs) are met
Checks and reconciles information and documentation to ensure accuracy and completeness
Identifies and resolves discrepancies in accordance with standard procedures
Performs administrative tasks such as distributing/collecting/filing/etc. documentation and information
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
Analyzes data and information to provide insights and recommendations
Communicates and collaborates with internal and external stakeholders in order to deliver on business objectives
Develops and maintains effective relationships with internal & external stakeholders
Collaborates in development/implementation of new processes/systems and changes/improvements to existing systems and processes
Completes complex & diverse tasks within given rules/limits and may include handling escalations from other employees
Analyzes issues and determines next steps
Take measured risks while protecting the bank by applying our Risk Management Framework in the execution of your role, in line with our Risk Culture and within our approved Risk Appetite, making sound and risk informed decisions that align to business strategy, protect assets, and adhere to applicable policy documents (Frameworks, Policies, Standards, Procedures and Supporting documents), laws and regulations