Remote (Global) USD 38,500 – 71,000 / year

Bank of Montreal (BMO Financial Group) is hiring a Mortgage Retention Specialist

About the Role

This position involves working directly with existing mortgage customers to assess their financial needs, address concerns, and offer customized retention strategies to support long-term relationships.

Responsibilities

  • Contact mortgage clients approaching renewal periods to discuss available options
  • Evaluate client financial situations and recommend suitable mortgage products
  • Negotiate competitive rates and terms to retain customer accounts
  • Maintain accurate records of client interactions and outcomes
  • Collaborate with internal teams to resolve client inquiries promptly
  • Identify at-risk accounts and implement retention tactics
  • Explain mortgage terms, conditions, and renewal details clearly
  • Follow established protocols for customer communication and data privacy
  • Meet performance targets related to retention and customer satisfaction
  • Stay current on mortgage products, rates, and market trends
  • Use CRM tools to manage client portfolios and track follow-ups
  • Escalate complex cases to senior advisors when necessary
  • Ensure compliance with regulatory and internal policy requirements
  • Participate in team meetings and training sessions
  • Provide feedback on customer trends and retention challenges
  • Support the development of retention campaigns and outreach materials
  • Respond to client questions via phone and email in a timely manner
  • Maintain a client-focused approach in all interactions
  • Monitor portfolio performance and renewal pipelines
  • Adapt communication style to suit diverse client needs

Compensation

Competitive salary and benefits package commensurate with experience

Work Arrangement

Hybrid work model with a combination of remote and office-based work

Team

Part of the customer retention division within the mortgage services unit

Why Join Us

  • Opportunity to work in a stable financial services environment with a focus on professional growth
  • Access to learning programs and career development resources
  • Inclusive culture that values diverse perspectives and innovation
  • Supportive team environment with collaborative leadership

What to Expect

  • Daily interaction with clients via phone and digital channels
  • Performance tracking based on retention metrics and customer feedback
  • Regular coaching and performance reviews
  • Occasional schedule adjustments to accommodate business hours

Not available for this position

Required Skills
Customer serviceSalesCRM SoftwareCommunicationProblem SolvingNegotiationData EntryTime ManagementCompliance
About company
Bank of Montreal (BMO Financial Group)
BMO is a financial services provider driven by a purpose to Boldly Grow the Good in business and life, creating lasting, positive change for customers, communities, and people.
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Job Details
Category other
Posted 6 months ago