Operations' Finance Controllership Leader

BMO • Cedar Rapids, IA

5d • $85,000 - $180,000

About The Position

Provides day-to-day delivery of operations finance controllership processes, including loan administration and servicing. Supports ledger, payment, and transaction balancing; manages administrative processes and stakeholder requests within service level agreements; and works with partners to promote efficient processes and positive working relationships. Financing operations include specialized processes for leasing and commercial lending products. Acts as a subject matter expert on relevant regulations, accounting principles, and policies, and partners with Finance, Accounting, Treasury, Operations, and other stakeholders.

The role leads teams and strategic initiatives, develops talent, manages performance and resources, and advises senior leaders on strategy and initiatives. It defines analytics and reporting requirements, produces reports, leads change management and operational programs, develops communications, and oversees tools, training, vendors, and continuous improvement. It also ensures accurate and timely processing, reconciles information and documentation, resolves discrepancies, maintains records, processes loan information, and responds to stakeholder questions.

The position operates at a group or enterprise-wide level as a specialist resource. It applies expertise to complex and ambiguous situations, adapts to changing trends, and makes risk-informed decisions consistent with BMO’s risk framework, appetite, policies, and applicable laws and regulations. Broader work or accountabilities may be assigned as needed.

Requirements

• Typically 7+ years of relevant experience and a post-secondary degree in a related field, or an equivalent combination of education and experience.
• Expert knowledge and experience using relevant systems and technology.
• Expert knowledge of the business unit’s key products and services, processes, and controls.
• Expert knowledge of the risk and regulatory requirements of the business.
• In-depth prioritization skills.
• Expert PC skills, including MS Word, Excel, and PowerPoint.
• Accounting or finance experience.
• Ability to multitask in a fast-paced environment.
• Seasoned professional with a combination of education, experience, and industry knowledge.
• In-depth or expert verbal and written communication skills.
• In-depth or expert analytical and problem-solving skills.
• In-depth or expert influence skills.
• In-depth or expert collaboration and team skills, with a focus on cross-group collaboration.
• Ability to manage ambiguity.
• In-depth or expert data-driven decision-making skills.

Nice To Haves

• Management and leadership experience is an asset.
• Experience with Datascan, PMS, and/or InfoLease is an asset.

Responsibilities

• Deliver day-to-day operations finance controllership processes, including loan administration and servicing activities.
• Support the balancing of ledgers, payments, and transactions, and manage administrative processes and stakeholder requests within applicable service level agreements.
• Act as a subject matter expert on relevant regulations, accounting principles, policies, and internal and external stakeholder matters.
• Partner with Finance, Accounting, Treasury, Operations, and other stakeholders to achieve business objectives and improve workflows.
• Set goals and clear accountabilities, build collaborative teams, attract and develop talent, coach employees, recognize performance, and manage poor performance.
• Recommend strategy and initiatives to senior leaders, manage resources, and lead execution of strategic initiatives toward business and financial goals.
• Define business requirements for analytics and reporting, analyze data, and produce regular and ad hoc reports and documents.
• Lead change management and operational programs, including readiness, planning, stakeholder management, execution, evaluation, and sustainment; assess program effectiveness and recommend enhancements.
• Develop communication strategies and oversee the design, development, and implementation of tools and training.
• Lead or participate in process and system continuous-improvement initiatives.
• Oversee vendor relationships and provide execution guidelines to ensure agreements are fulfilled.
• Process service requests, transactions, and activities accurately and promptly in accordance with service level agreements, policies, procedures, and controls.
• Respond consistently and knowledgeably to stakeholder questions and requests; develop and maintain internal and external relationships.
• Check and reconcile information and documentation, identify and resolve discrepancies, and maintain records properly.
• Perform administrative tasks and enter, review, and verify loan information and documentation for processing or further handling.
• Collaborate on the development and implementation of new processes and systems and improvements to existing ones.
• Apply expertise and creative problem-solving to complex or ambiguous situations, adapt to shifting trends, and make sound, risk-informed decisions in compliance with applicable requirements.

Benefits

• Health insurance
• Tuition reimbursement
• Accident and life insurance
• Retirement savings plans
• Performance-based incentives and discretionary bonuses may be included, along with other perks and rewards.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior