Overview

Senior Letter Of Credit SpecialistWe are seeking a senior-level professional with strong expertise in commercial lending products, processes, and supporting lending systems. The ideal candidate will possess specialized knowledge of Standby and Performance Letters of Credit, including end-to-end lifecycle management such as issuance, documentation review, servicing, amendments, renewals, drawings, and ongoing client support.In this role, the individual will serve as a trusted subject matter expert and primary liaison between clients and internal Letter of Credit operations teams, providing guidance and ensuring timely resolution of client requests and inquiries.Provides daily operational service support and ensures the delivery of exceptional client experiences. Resolves client problems in a prompt and effective manner, while ensuring that enhancement opportunities are identified and addressed or referred during client service interactions.Ensures that tickets are resolved per client's expectationsMay be able to apply interest adjustments based on limits.Tracks collection of client service fees.Analyses client feedback, market trends, and competitive intelligence to provide actionable insights for strategic planning.Identifies process improvements to meet client needs more efficiently.Provides input into the planning and implementation of operational programs.Participates in audit and customer issues resolutioncorrects issues or escalates per guidelines.Participates in audit and client issue resolution, addressing irregularities and driving corrective actions ensuring proper escalation per established procedures.Implements high-impact service strategies that align with client business objectives, ensuring exceptional value and service delivery.Presents strategic reports to management, outlining key client trends, opportunities, and potential risks, along with recommendations for growth and improvement.Engages with clients to understand and diagnose service needs, ensuring concerns are addressed promptly and effectively.Responds to and facilitates the resolution of client service requests.Collects and analyzes client feedback to identify service gaps, enhance operational performance, and optimize client satisfaction.Ensures all client interactions, documentation, and issue resolutions comply with bank policies, regulatory requirements, and internal controls.Focus may be on a business/group.Thinks creatively and proposes new solutions.Exercises judgment to identify, diagnose, and solve problems within given rules.Works mostly independently.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.Qualifications:3 5 years of relevant experience in Client Relationship, Financial Services or Service Excellence in a corporate or banking environment is preferred.Bachelor's degree preferred; Business Administration, Finance or Marketing preferred. Any other related discipline or commensurate work experience considered.Specialized knowledge from education and/or business experience.Intermediate level of proficiency:Product KnowledgeRegulatory ComplianceData Analysis ReportingDocument ManagementMicrosoft OfficeProblem-SolvingCollaborationDetail-OrientedTeamworkSalary: $54,000.00 - $99,600.00Pay Type: SalariedThe above represents BMO Financial Group's 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 part-time roles will be pro-rated based on number of hours regularly worked. For commission rol