Cash Controllership Specialist

Bank of Montreal•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. This role provides day-to-day delivery of critical lending operations processes including loan administration and servicing activities. It supports the execution of payments, transactions, service requests, administrative activities and processes and fulfillment of stakeholders inquiries/requests within relevant service level agreements. The specialist 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. The specialist may function as a problem-solving resource for team members.

Requirements

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

Nice To Haves

Post-secondary degree in related field of study
Accounting experience

Responsibilities

Provide day-to-day delivery of critical lending operations processes including loan administration and servicing activities.
Support the execution of payments, transactions, service requests, administrative activities and processes and fulfillment of stakeholders inquiries/requests within relevant service level agreements.
Collaborate 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.
Provide accurate and timely processing of service requests, transactions, activities, etc. within relevant service level agreements and in accordance with established policies, processes and procedures.
Provide accurate, consistent, knowledgeable responses to stakeholder questions and requests.
Follow documented policies and procedures to execute day to day transactions, activities, processes and ensure all Service Level Agreements(SLAs) are met.
Check and reconcile information and documentation to ensure accuracy and completeness.
Identify and resolve discrepancies in accordance with standard procedures.
Perform administrative tasks such as distributing/collecting/filing/etc. documentation and information.
Data enter, review and verify loan information and documentation for processing and/or further handling.
Manage documentation to ensure that records are maintained in a proper manner.
Analyze data and information to provide insights and recommendations.
Communicate and collaborate with internal and external stakeholders in order to deliver on business objectives.
Develop and maintain effective relationships with internal & external stakeholders.
Collaborate in development/implementation of new processes/systems and changes/improvements to existing systems and processes.
Complete complex & diverse tasks within given rules/limits and may include handling escalations from other employees.
Analyze issues and determine 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.