Director, strategic risk

BMO Financial Group; Toronto; Hybrid; CAD 113,000 - 212,000; Full time

Job summary

BMO Financial Group is seeking a senior professional to develop and maintain an internal control framework, ensuring effective governance and compliance. The ideal candidate will have over 9 years of experience in financial risk management and will act as a trusted advisor to senior leaders. This hybrid role requires excellent analytical and communication skills to influence business decisions and improve organizational effectiveness.

Benefits

Health insurance

Retirement plans

Performance bonuses

Qualifications

• Typically 9+ years of relevant experience.
• Expertise in financial risk management, audit, compliance, or governance.
• Ability to manage ambiguity and make data-driven decisions.

Responsibilities

• Develops and maintains an effective internal control framework.
• Acts as a trusted advisor to senior leaders.
• Leads change management programs and stakeholder relationships.

Skills

Financial risk management

Audit

Compliance

Governance

Project management

Analytical skills

Communication skills

Influence skills

Education

Post-secondary degree

Job description

Date limite pour présenter sa candidature : 06/29/2025

Adresse : 100 King Street West

Groupe de famille d'emploi : Audit, gestion des risques et conformité

Please note the role is Hybrid (working 2 days/week in the Toronto office)

Description du poste

Develops and maintains an effective internal control framework that defines the ways and methods governance is implemented, managed, and monitored in the designated business/group portfolio. The governance framework includes policies, guidelines, and provides programs, practices, and measures 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 senior leaders for making business decisions and implementing strategic initiatives.
2. Develops an expert understanding of business/group challenges.
3. Networks with industry contacts to gather insights and best practices.
4. Recommends measures to improve organizational effectiveness.
5. May consult to or serve on various committees and task forces.
6. Interprets new regulations and assesses impacts to the internal controls governance framework/program.
7. Influences and negotiates to achieve business objectives.
8. Identifies emerging issues and trends to inform decision-making.
9. Recommends business priorities, advises on resource requirements, and develops a roadmap for strategic execution.
10. Manages resources and leads the execution of strategic initiatives to meet business and financial goals.
11. Measures the effectiveness of risk governance systems and frameworks; recommends changes as needed.
12. Conducts independent analysis and assessments to resolve strategic issues.
13. Leads the development and maintenance of the internal controls governance system and framework.
14. Acts as the primary contact for stakeholder relationships, including regulators.
15. Leads the development of communication strategies to influence or change behavior.
16. Leads change management programs, including readiness assessments, planning, stakeholder management, execution, evaluation, and sustainment.
17. Assesses and adapts operational programs; develops new capabilities for ongoing success.
18. Leads monitoring, measurement, and reporting on the internal controls governance framework to stakeholders.
19. Oversees governance meetings and maintains mandates, oversight, and approval guidelines.
20. Provides support for other regulatory requirements as needed.
21. Designs, implements, and manages core business/group processes.
22. Develops solutions related to governance and controls, aligning with business strategy and stakeholder needs.
23. Advises on the implementation of the control framework, including effective challenge.
24. Performs control design testing to ensure risk mitigation.
25. Reviews processes and proposes improvements for risk mitigation.
26. Coordinates oversight activities, including reporting, training, policy updates, etc.
27. Improves control measurement and reporting with stakeholders.
28. Interprets regulatory changes and assesses impacts.
29. Maintains knowledge of business and risk management requirements.
30. Builds relationships with stakeholders and ensures alignment.
31. Analyzes data to provide insights and recommendations.
32. Documents the governance system, processes, and frameworks.
33. Develops tools and communications to address gaps and requirements.
34. Monitors performance and addresses issues.
35. Operates at an enterprise level as a senior resource across BMO.
36. Influences team and group collaboration.
37. Addresses complex problems with creativity and expertise.
38. Communicates complex concepts clearly.
39. Builds networks and collaborates across teams.
40. Anticipates trends and implements changes.
41. Additional responsibilities may be assigned as needed.

Qualifications

• Typically 9+ years of relevant experience and a related post-secondary degree or equivalent.
• Expertise in financial risk management, audit, compliance, governance, or project management.
• Deep knowledge of regulatory requirements and risk maturity models.
• Experience with risk policy frameworks such as SOX 404, COBIT, COSO.
• Industry expertise and thought leadership.
• Excellent communication, analytical, and influence skills.
• Ability to manage ambiguity and make data-driven decisions.

Compensation

Salary range: $113,900.00 - $211,800.00

Type: Salary

Additional benefits include health insurance, retirement plans, performance bonuses, and more. For details, visit: https://jobs.bmo.com/ca/fr/R%C3%A9mun%C3%A9ration-globale

About Us

BMO is committed to creating an inclusive, equitable, and accessible workplace. We value diversity and learn from different perspectives. Accommodations are available upon request during the hiring process. To request accommodations, contact your recruiter.

We look forward to your application and potentially welcoming you to our team.