Capital Risk Management, Controls & Governance Analyst

BMO Financial Group; Toronto; On-site; CAD 74,000 - 139,000; Full time

Job summary

BMO Financial Group is seeking a Risk Management Consultant to develop and maintain an effective internal control framework for Capital Stress Testing. The role involves governance implementation, stakeholder alignment, and advising on risk management and compliance. Candidates should have 5-7 years of relevant experience and a strong understanding of regulatory environments.

Qualifications

• Typically 5-7 years of relevant experience.
• Experience in risk management, audit, compliance, governance, or project management preferred.
• Deep knowledge of business and regulatory environment.

Responsibilities

• Develops and maintains an effective internal control framework for Capital Stress Testing.
• Acts as a trusted advisor to assigned business/group.
• Guides/assists in identifying and classifying issues; recommends action plans.

Skills

Communication

Collaboration

Analytical

Influence

Data-driven decision-making

Education

Post-secondary degree or equivalent

Job description

Application Deadline: 06/14/2025

Address: 100 King Street West

Job Family Group: Audit, Risk & Compliance

Job Description

Develops and maintains an effective internal control framework for Capital Stress Testing. Defines governance implementation, management, and monitoring methods within Capital Risk Management. The governance framework includes policies, guidelines, and programs to promote transparency, accuracy, and consistency across groups. Applies specialized knowledge of risk management, regulatory compliance, and internal controls related to business processes and information.

1. Acts as a trusted advisor to assigned business/group.
2. Influences and negotiates to achieve business objectives.
3. Guides/assists in identifying and classifying issues; recommends action plans.
4. Recommends and implements solutions based on analysis of issues and implications for the business.
5. Assists in developing strategic plans.
6. Identifies emerging issues and trends to inform decision-making.
7. Researches existing or emerging requirements & best practices; develops recommendations for changes/enhancements.
8. Helps determine business priorities and sequence for strategy execution.
9. Conducts independent analysis to resolve strategic issues.
10. Leads development and maintenance of the internal controls governance system and framework.
11. Ensures stakeholder alignment.
12. Represents the governance program during audits/examinations.
13. Coordinates database management, ensuring data alignment with governance standards.
14. Builds change management plans and participates in related activities.
15. Defines communication plans to influence or change behavior; develops messaging and channels.
16. Monitors, measures, and reports on the governance framework status to stakeholders.
17. Manages governance meetings and maintains oversight guidelines.
18. Provides support for other regulatory requirements.
19. Supports operational programs related to model validation/risk framework.
20. Designs and manages core processes.
21. Develops governance solutions aligned with business strategy and stakeholder needs.
22. Advises on control framework implementation and effective challenge.
23. Performs control design testing to ensure risks are managed.
24. Reviews processes for risk mitigation opportunities.
25. Identifies and escalates corrective actions.
26. Participates in oversight activities, reporting, training, and policy updates.
27. Consults to improve control measurement and reporting transparency.
28. Interprets regulations and assesses impacts on governance frameworks.
29. Builds knowledge of business and risk management requirements.
30. Develops relationships with stakeholders.
31. Analyzes data for insights and recommendations.
32. Documents the control system, processes, and compliance activities.
33. Develops tools and checklists for addressing gaps and requirements.
34. Tracks performance and addresses issues.
35. Focuses primarily on business within BMO, with potential enterprise-wide scope.
36. Provides specialized consulting and technical support.
37. Uses judgment to diagnose and solve problems within rules.
38. Works independently on non-routine situations.
39. Broader responsibilities may be assigned as needed.

Qualifications:

• Typically 5-7 years of relevant experience and a related post-secondary degree or equivalent.
• Experience in risk management, audit, compliance, governance, or project management preferred.
• Deep knowledge of business and regulatory environment.
• Experience with risk policy frameworks such as SOX 404, COBIT, COSO.
• Strong communication, collaboration, analytical, and influence skills.
• Data-driven decision-making abilities.

Salary: $74,800.00 - $138,600.00

Pay Type: Salaried

Salaries vary based on location, skills, experience, and may include incentives and benefits. For more details, visit Total Rewards.

About Us

At BMO, we aim to create positive change for our customers, communities, and people. We value diversity, support growth, and are committed to an inclusive workplace. Accommodations are available upon request. Learn more at our careers page.