Senior Manager, Business Risk

Bank N.A.; Toronto; On-site; CAD 90,000 - 130,000; Full time

Job summary

Bank N.A. in Toronto seeks an experienced professional to support first line of defense risk programs across operational risk, AML, and regulatory compliance. You will partner with stakeholders to implement, monitor, and improve risk controls and governance structures.

The role focuses on aligning programs with regulatory requirements, identifying gaps, and driving effective actions. You will engage with senior leaders and cross-functional teams to elevate risk management culture within the

Responsibilities

• Supports 1LOD risk programs across regulatory frameworks.
• Monitors and reports on risk exposures and mitigations.
• Collaborates with governance/risk forums to drive effective controls.

Job description

Application Deadline

11/22/2026

Address

100 King Street West

Job Family Group

Business Management

Supports the business/group leader in the effective implementation, maintenance and administration of first line of defense (1st LOD) programs (e.g., operational risk, AML, compliance, regulatory, etc.), including overseeing business operations within the jurisdiction to ensure adherence and efficiency. Contributes to a strong risk management culture through collaboration with other first line employees, and second & third line functions to ensure Compliance, AML or operational risks are identified, mitigated, monitored and reported on an ongoing basis.Fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behaviours in all that they do.Ensures alignment between values and behaviour that fosters diversity and inclusion.Regularly connects work to BMO's purpose, sets inspirational goals, defines clear expected outcomes, and ensures clear accountability for follow through.Makes recommendations to senior leaders on strategy and new initiatives, based on an in-depth understanding of the business/group.Acts as a strategic partner in which the program elements becomes an integrated component of the overall business/group strategies and helps drive business impact.Prepares and briefs senior leaders on regulatory matters across multiple businesses/groups.Supports multiple, similar business units with moderate complexity & business transaction risk.Represents the business/group on Governance/Risk Working Groups/Forums and provides regular updates.Monitors and advises on management of risk requirements within the defined risk appetite.Manages/supports large/complex risk programs/frameworks /projects/initiatives to ensure risks are appropriately mitigated and regulations adhered to.Monitors industry and legislative developments and continuously updates programs to ensure they are competitive and effective.Identifying, analysing and addressing gaps and issues. Understands the identified risk exposures and supports the development of action plans required to mitigate identified risks.Acts as a subject matter expert in the evaluation, development and implementation of an internal control system.May network with industry contacts to gain competitive insights and best practices.Recommends business priorities, advises on resource requirements and develops roadmap for strategic execution.Manages resources and leads the execution of strategic initiatives to deliver on business and financial goals.Conducts independent analysis and assessment to resolve strategic issues.Builds effective relationships with internal/external stakeholders.Ensures alignment between stakeholders.Acts as the prime subject matter expert for internal/external stakeholders with regards to corporate standards, policies and frameworks.Breaks down strategic problems, and analyses data and information to provide insights and recommendations.Monitors and tracks performance, and addresses any issues.Leads change management programs of varying scope and type, including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives.Leads the execution of operational programs; assesses and adapts as needed to ensure quality of execution.Monitoring to ensure that 1st line jobs are following defined processes and procedures.Develops, documents and maintains business/group procedures updating and obtaining approvals as regulations or the operating environment changes and communicates changes to the business/group & relevant stakeholder groups.Designs measurable sustainment strategies including assessing and recommending mitigations for industry/ segment-specific risks and prioritizing opportunities presented by internal and external stakeholders.Facilitates training to ensure business unit employees fully understand requirements.Provides quality control for investigations, self-reports, examinations and independent reviews conducted by internal and external stakeholders, including regulators, providing verbal and written responses to requests for positions, action plans, information and/or documentationBuilds awareness, knowledge, and skills and, as necessary, provides communication, practical tools and ongoing support including making presentations, to promote a culture of risk identification and management.Supports the design, development, coordination of implementation, automation and continuous improvement of 1LOD LOB risk management programs, including supporting the establishment and maintenance of LOB specific policies standards, business processes and controls across all applicable financial and non-financial risks.Works with assigned business/group leaders to interpret, apply and operationalize relevant regulatory frameworks across the LOB/jurisdiction and designs, develops, coordinates and continually improves the LOBs risk management pr