Cash Controllership Specialist

BMO•Cedar Rapids, IA

3d•$41,714 - $65,000•Onsite

About The Position

The 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. 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. Broader work or accountabilities may be assigned as needed. 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.

Requirements

Typically between 2 - 3 years of relevant experience
Post-secondary degree in related field of study desirable or an equivalent combination of education and 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
Verbal & written communication skills - Good
Organization skills - Good
Collaboration & team skills - Good
Analytical and problem solving skills - Good

Nice To Haves

Accounting experience

Responsibilities

Daily bank account balancing
Refund approvals
Other controllership activities that directly support accurate cash management and sound financial governance
Day-to-day delivery of critical lending operations processes including loan administration and servicing activities
Execution of payments, transactions, service requests, administrative activities and processes
Fulfillment of stakeholders inquiries/requests within relevant service level agreements
Collaboration with stakeholders to promote efficient and effective processes and work flow
Establish positive working relationships across the organization
Achieve business results and deliver the intended customer and employee experience
Accurate and timely processing of service requests, transactions, activities, etc. within relevant service level agreements and in accordance with established policies, processes and procedures
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 entry, review and verification of 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
Broader work or accountabilities may be assigned as needed
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.