Senior Analyst, Business Processes, Controls and Compliance

Bank of Montreal; Toronto; On-site; CAD 60,000 - 112,000; Full time

Job summary

A leading financial institution seeks a Senior Analyst to manage the Market Risk compliance program. This role involves collaborating with various stakeholders, overseeing compliance functions, conducting audits, and ensuring adherence to risk management standards. The ideal candidate will have extensive experience in risk processes and strong analytical capabilities.

Benefits

Health insurance

Tuition reimbursement

Retirement plans

Qualifications

• 4-6 years of relevant experience.
• Experience in risk management, audit, compliance, governance preferred.
• Knowledge of regulatory environments like SOX 404, COBIT, COSO.

Responsibilities

• Collaborating with Market Risk functions and stakeholders.
• Executing Monitoring and Testing (M&T), preparing reports, recommending actions.
• Maintaining regulatory inventories and supporting audits.

Skills

Communication

Collaboration

Analytical skills

Influence skills

Decision-making

Risk management

Education

Post-secondary degree or equivalent

Job description

Application Deadline:

Address:

250 Yonge Street

The Senior Analyst, Business Processes, Controls and Compliance will oversee the Market Risk compliance program as a 2b function. As part of the Market Risk Governance team in the second line of defense, the Senior Analyst will maintain the Market Risk PRC, manage the regulatory inventory, and critically assess the unit's internal controls. The individual will collaborate with stakeholders within the 1st and 2nd lines of defense.

Key responsibilities include:

1. Collaborating with Market Risk functions and acting as a trusted advisor with internal/external stakeholders.
2. Executing Monitoring and Testing (M&T), communicating outcomes, preparing reports, and recommending actions for issues identified.
3. Reviewing processes and proposing risk mitigation controls.
4. Developing and maintaining the M&T plan and regulatory inventory.
5. Maintaining Market Risk Processes, Risks, and Controls documentation.
6. Supporting regulatory audits and examinations.
7. Preparing presentations for forums and committees.
8. Participating in oversight activities, policy reviews, and updates.
9. Assisting with quarterly attestations (CRO and SOX).
10. Maintaining knowledge of business, risk management, and regulatory requirements.
11. Applying judgment to identify and solve problems.
12. Working independently on non-routine issues.
13. Providing guidance to the 2a Market Risk function on governance topics.
14. Additional responsibilities as needed.

Qualifications include:

1. 4-6 years of relevant experience and a post-secondary degree or equivalent.
2. Experience in risk management, audit, compliance, governance preferred.
3. Knowledge of business and regulatory environments.
4. Experience with risk policy frameworks like SOX 404, COBIT, COSO.
5. Strong communication, collaboration, analytical, and influence skills.
6. Data-driven decision-making capabilities.

Grade: 6

Job Category: Individual Contributor / Collaborator

Salary: $60,000 - $111,700

Pay Type: Salaried

The salary reflects BMO’s compensation range, role-based, and may vary by location, skills, experience, and qualifications. It may include bonuses, incentives, and benefits such as health insurance, tuition reimbursement, and retirement plans. For more details, visit: https://jobs.bmo.com/global/en/Total-Rewards

About Us

At BMO, we are driven by our Purpose: Boldly Grow the Good in business and life. We aim to create positive change for our customers, communities, and employees through innovation and collaboration, transforming lives and powering economic growth globally.

We value and respect our team members, offering growth opportunities, training, coaching, and support to help you succeed and make an impact. We are committed to an inclusive, equitable, and accessible workplace. Accommodations are available upon request during the hiring process.