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Prepare an Interview Doing a Transfer of Skills

C‌‍‍‌‌‍‌‌‌‌‌‍‍‍‌‌‌‌‍onsider carefully the job posting at bmo and the resume shared with you and as you have to talk and answer to the bmo hr for the following job : restructure specialist, collections job description: Collaborates in the review and evaluation of delinquent, high risk, or written-off accounts for possible collections opportunities. Understands customer needs and provides collections-related sales and service to BMO customers or prospects. Advises customers on payment strategies and products that meet their objectives. Fulfills sales and service activities for the customer in accordance with approved procedures. Support areas may include, but are not limited to, coaching and training, quality audits, vendor management and credit collection disputes. 

• Delivers exceptional customer service that builds trust through expertise, responsive service and support

 • Develops rapport and instils confidence with clients in order to develop credibility and earn their trust as relationship manager

• Develops and maintains long-term, profitable relationships and expands share of wallet

.• Contacts the customer to obtain the necessary information to manage their application (as required) ensuring the customer is aware at all times of the status/result of the present and future payments.

• Executes established loss mitigation processes/procedures for the resolution of non-performing and high risk accounts.

• Handles incoming calls in an informed, professional, and efficient manner

. • Probes to understand customer needs and provides advice related to payments and overall collections strategies in the best interests of the customer. 

• Sends out client communications, processes transactions and interacts with internal stakeholders to ensure customer needs are met.

 • Integrates marketing promotions and programs into customer conversations as appropriate.

 • Establishes expertise with Consumer Collections personnel as a key support contact/resource/coach with proficiency and tools to assist departments in achieving goals.

 • Analyzes data and information to provide insights and recommendations.

 • Manages all transactions related to customer calls or refers to appropriate internal business groups.

• Escalates complex or unresolved customer situations to managers as required

. • Completes required documentation to ensure customer’s requests are accurately processed.

 • Organizes work information to ensure accuracy and completeness.

 • Collaborates in efficient functioning of collections life cycle

. Includes participating in the execution of established loss mitigation solutions for the successful resolution of non-performing and high risk accounts. Solutions range from various loan modification options to liquidation for borrowers with delinquent and high risk loans in order to offer default / foreclosure alternatives and minimize losses.

• Delivers exceptional customer service that builds trust through expertise, responsive service and support.

 • Follows documented policies and procedures to execute transactions, ac‌‍‍‌‌‍‌‌‌‌‌‍‍‍‌‌‌‌‍tivities and processes.

• Keeps abreast of needs of the Collections departments. Identifies and makes referrals to other business groups as needed.

 • Maintains current knowledge of collections strategies, practices, and trends and integrates into customer conversations in a professional manner. 

• Maintains the confidentiality of customer and Bank information.

• Supports continuous improvement initiatives by identifying and implementing changes to make processes more effective and efficient.

 • Develops and maintains awareness of industry trends and best practices and the regulatory environment as it relates to collections products and services.

• 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. Qualifications

: • Typically between 2 - 3 years of relevant experience and post-secondary degree in related field of study desirable or an equivalent combination of education and

 experience.

 • Knowledge of federal, state/provincial and local laws pertaining to Consumer Collections and functional area - Good. • Knowledge of BMO products and services – Good.

 • Knowledge of competitive marketplace and trends in product offerings.

• Specialized knowledge. • Verbal & written communication skills - Good.

 • Organization skills - Good.

 • Collaboration & team skills - Good.

 • Analytical and problem solving skills - Good. We’re here to help At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world. As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset. Use the resume shared with you telling and explaining why you want to to work at bmo at the position of restructure specialist collections and do a skills transfer about how your past working experiences can match the role ,the idea is to do to transfer the past experiences and transfer to what can give a good fit to get ready for a resume, check and read well the job post shared how to offer the best product for the customer and how to be able to use the system... Like how can you use the old job experiences to match and fit the requirement of the job so the hr would hire you.... Do a skill transfer .do it a great job based on the resume shared like you with that resume must ‌‍‍‌‌‍‌‌‌‌‌‍‍‍‌‌‌‌‍get that job at bmo... Use examples like using star method.do it like a real job.

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