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Bring your expertise to the Market Risk group. In this highly visible role, you will manage the coordination of regulatory and Internal Audit engagements affecting Market Risk and collaborate with partners across Capital Markets, Treasury, Credit, Operational Risk, Compliance, and International partners.

The role requires sound judgment, effective challenge, and a proactive approach to problem solving in a fast-paced environment.

Job Description

This role supports Market Risk’s regulatory readiness by providing experienced coordination of regulatory examinations, Internal Audit engagements, continuous monitoring activities and related responses. Acting as a liaison among Market Risk, Compliance, Internal Audit, and regulators, the incumbent manages Market Risk’s participation in complex stakeholder-driven reviews and promotes clear, consistent, and timely communication. The role applies specialized knowledge of risk management, regulatory requirements and internal controls, together with sound judgment and effective challenge, to support effective execution and informed decision-making.

Core Roles and Responsibilities

• Coordinate Market Risk examinations and reviews conducted by Internal Audit and external counterparts, including OSFI, the FRB, and the OCC, as well as continuous monitoring activities and responses.
• Manage document requests, response preparation, evidence gathering, stakeholder engagement and supporting documentation throughout regulatory examinations and Internal Audit reviews.
• Organize the review and sign-off process for relevant regulatory reporting, submissions and responses, working with subject-matter experts and relevant stakeholders.
• Maintain effective alignment among Market Risk, other Risk Management teams, Compliance, and Internal Audit, and support ongoing communication with regulators and regulatory relationship management activities.
• Track regulatory and audit findings, commitments, action plans and remediation progress, and escalate significant issues or delays appropriately.
• Prepare reports, presentations, briefing materials and regulatory communications on engagement status, emerging issues and trends, and remediation progress for senior management and other stakeholders.
• Develop and maintain project management approaches, templates and tracking mechanisms to support consistent and effective execution of regulatory examination and audit activities.
• Identify opportunities to improve examination coordination, information access, reporting and governance practices, including through approved AI-enabled tools where appropriate, and support implementation of appropriate changes.
• Broader work or accountabilities may be assigned as needed.

Qualifications

• 7+ years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
• A relevant professional designation or certification, such as FRM, CPA, CFA, or CRCM is considered an asset.
• Experience in risk management, audit, compliance, governance and/or project management is preferred.
• In-depth knowledge of business and regulatory environment, including risk policy, internal control, quality control and testing frameworks relevant to financial services.
• Good communication, presentational, and stakeholder management skills; ability to translate between technical subject matters and more-widely digestible concepts depending on the audience.
• Strong analytical, problem solving, and organizational skills
• Influence skills - In-depth.
• Collaboration & team skills; with a focus on cross-group collaboration
• Comfortable working through ambiguity and translating regulatory or audit feedback into practical guidance, drawing on prior approaches and communications to inform decision-making

The 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 roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.

BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards

About Us

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.

To find out more visit us at https://jobs.bmo.com/ca/en.

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.