Manager, Risk Governance

BMO; Toronto; On-site; CAD 95,000 - 176,000; Full time

Benefits offered by this job

Health insurance

Tuition reimbursement

Accident and life insurance

Retirement savings plans

Job summary

BMO Financial Group in Toronto, Canada, seeks a Manager, Risk Governance to develop, implement, and maintain risk governance frameworks that support oversight, accountability, and regulatory compliance across the enterprise and CUSO.

The role provides governance oversight, analysis, reporting, and challenge to ensure governance requirements are implemented consistently across the organization and across the three lines of defense.

Qualifications

• 5–7 years of experience in risk management, governance, compliance, internal controls, regulatory management, or related disciplines.
• Experience developing, implementing, maintaining, or overseeing governance frameworks, policies, controls, or oversight programs.
• Strong understanding of governance, risk management, regulatory expectations, and internal control principles.

Responsibilities

• Develops, maintains, and enhances risk governance frameworks, standards, methodologies, and procedures.
• Leads governance implementation and ensures consistent application across groups and jurisdictions.
• Provides advisory support, monitoring, reporting, and challenge to governance requirements.

Skills

Governance

Risk management

Regulatory expectations

Stakeholder management

Job description

This role is part of the Risk Governance Office (RGO) within Enterprise Risk Management (ERM), which is part of Enterprise Risk & Portfolio Management (ERPM), BMO's second line of defence. The Risk Governance Office is responsible for developing, maintaining, and overseeing the frameworks, standards, methodologies, and practices that support effective risk governance, clear accountability, and consistent execution of the Risk Management Framework (RMF) across the enterprise and Combined U.S. Operations (CUSO).

The Manager, Risk Governance develops, implements, and maintains risk governance frameworks, standards, processes, and practices that support effective oversight, transparency, accountability, and regulatory compliance. The role provides governance oversight, advisory support, monitoring, reporting, and challenge to help ensure governance requirements are implemented, managed, and monitored consistently across the organization.

Key Accountabilities

• Develops, maintains, and enhances risk governance frameworks, standards, methodologies, procedures, and supporting guidance.
• Leads implementation of governance requirements and promotes consistent application across business groups, corporate functions, jurisdictions, and material entities.
• Acts as a trusted advisor on risk governance requirements and provides advice, guidance, and effective challenge regarding the implementation of governance frameworks, policies, standards, and practices.
• Conducts analysis and assessments to identify governance issues, emerging trends, risks, and opportunities for improvement, and recommends appropriate actions.
• Leads monitoring, measurement, and reporting activities related to governance effectiveness, implementation progress, and adherence to governance requirements.
• Develops and maintains governance reporting, metrics, dashboards, and management information to support stakeholder and management decision-making.
• Researches emerging regulatory requirements, industry trends, and leading practices and recommends enhancements to governance frameworks and practices.
• Supports regulatory examinations, audits, reviews, and governance-related remediation activities.
• Assesses the impact of new or changing regulatory requirements and contributes to the development and implementation of governance enhancements.
• Leads or participates in governance, regulatory, and strategic initiatives, including stakeholder engagement, communication, implementation, and change management activities.
• Develops governance tools, templates, communications, training, and supporting documentation to promote awareness and consistent application of governance requirements.
• Builds effective relationships across the three lines of defence and collaborates with stakeholders to drive alignment, transparency, and effective governance outcomes.
• Analyzes data and information to provide insights, recommendations, and support informed decision-making.

Qualifications

• Typically 5-7 years of experience in risk management, governance, compliance, audit, internal controls, regulatory management, or related disciplines.
• Experience developing, implementing, maintaining, or overseeing governance frameworks, policies, standards, controls, or oversight programs.
• Strong understanding of governance, risk management, regulatory expectations, and internal control principles.
• Strong analytical, problem-solving, communication, stakeholder management, and influence skills.
• Demonstrated ability to manage multiple priorities, work independently, and exercise sound judgment in a complex environment.

Salary

$94,600.00 - $176,000.00

Pay Type

Salaried

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.

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.