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Collections Specialist - Foreclosure Focus
Job in
Ottawa, Ontario, Canada
Listed on 2026-06-29
Listing for:
Bank of Montreal
Full Time
position Listed on 2026-06-29
Job specializations:
-
Finance & Banking
Loan Servicing, Financial Compliance, Accounts Receivable/ Collections, Risk Manager/Analyst
Job Description & How to Apply Below
As a Collections Specialist with BMO, you will draw on 3-5 years of experience in managing mortgage and loan delinquencies. Your primary duties will center around initiating foreclosure actions and maintaining communication with potential partners, adhering to all regulatory requirements. Your accuracy in documentation and relational skills will be essential for minimizing losses.
Key Responsibilities:
• Oversee delinquent mortgage accounts proactively
• Prepare and review compliance-focused foreclosure documents
• Liaise with internal teams and external legal partners
• Manage account records and provide feedback on collections strategies
• Create insightful reports to support decision-making
Requirements:
• 3-5 years' experience in mortgage collections
• Familiarity with foreclosure regulations and compliance
• Advanced skills in Excel and data management
• Strong communication and analytical strengths
• Proven ability to build and maintain professional relationships
Deliver effective foreclosure solutions and manage risks with BMO's dedicated collections team.
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