Control Room Compliance Lead - Investment Banking

BMO; Chicago (IL); Vor Ort; USD 75.000 - 160.000; Vollzeit

Benefits dieser Stelle

Health insurance

Tuition reimbursement

Accident and life insurance

Retirement savings plans

Zusammenfassung

BMO Financial Group is seeking a Compliance Officer for the Control Room to manage information barriers and support US Investment Banking and Research teams. The role emphasizes monitoring, policy development, and interaction with business partners in a high-pressure environment.

Responsibilities include governance, risk assessments, and regulatory advisory across multiple jurisdictions. The role requires a strong compliance background, excellent communication, and the ability to handle

Qualifikationen

• Bachelor's degree required. Recognized compliance certification or equivalent a plus.
• Typically minimum of 6 years of relevant experience and post-secondary degree in related field of study, including 1-2 years of Control Room experience
• Recognized compliance certificate or equivalent preferred.
• Detailed knowledge of consumer protection regulations and related marketing and advertising guidelines.
• Skilled knowledge of regulatory/ compliance requirements and the operations of a single client group.
• Strong communication, critical thinking, relationship management and project management skills.
• Deep knowledge and technical proficiency gained through extensive education and business experience.
• Verbal & written communication skills - In-depth.
• Collaboration & team skills - In-depth.
• Analytical and problem solving skills - In-depth.
• Influence skills - In-depth.
• Data driven decision making - In-depth.

Aufgaben

• Daily duties include wide-range of Control Room compliance activities.
• Coordinating coverage over multiple jurisdictions with respect to grey/restricted list and research.
• Review of research prior to publication including compliance with research restrictions in accordance with the Firms policies and procedures and verification of compliance with Wall Crossing procedures.
• Maintenance of grey and restricted lists.
• Liaising with other Global Compliance teams to monitor research communication activities pursuant to certain legal, regulatory and/or policy considerations.
• Execution of Monitoring and Testing for both Investment Banking and Research businesses.
• Coordinate and perform ongoing risk assessments and compliance reviews to ensure compliance policies and risk controls are operating appropriately.
• Create analyses of risk assessments for LOB business group(s). Identify and analyze factors which may affect risk mitigation and compliance with applicable regulatory requirements.
• Anticipate potential consequences of unaddressed risk factors or shortfalls in compliance and recommend appropriate controls.
• Continually challenge LOB staff through ongoing dialogue and discussion to identify opportunities to implement more effective compliance-related policies and procedures.
• Elevate high profile or high risk cases to the Compliance and LOB management to ensure visibility and prompt resolution.
• Perform ongoing validation of monitoring strategies to ensure appropriate governance and control. Identify observations of trends and recommendations to optimize data.
• Prepare complete, accurate documentation of compliance monitoring and surveillance activities.
• Report findings to Compliance and LOB management and provide timely follow-up on outstanding issues.
• Validate that issues identified through compliance monitoring and review processes are promptly addressed. Ensure that management remediation plans are adequate.
• Provide guidance to less experienced Compliance team members in developing and implementing solutions.
• Provide advisory services on compliance matters to LOB management and staff (first line of defense) in support of BMO's Research Business.
• Execute appropriate testing and analyze key performance indicators to ensure requirements of Capital Markets policies and programs are maintained at a level commensurate with regulatory expectations.
• Identify observations of trends and recommendations to optimize data.
• Support root cause analysis in response to material control failures in lines of business.
• Review various forms, disclosures and advertisements for compliance with applicable requirements.
• Consult on new products, services and automated systems to assist the LOB(s) with incorporating compliance requirements into these initiatives.
• Develop and maintain a high level of expertise in all regulations, directives and guidance which apply to the LOB Compliance group(s) supported.
• Provide input to LOB Compliance and LOB staff regarding emerging issues and interpretation of regulations.
• Identify training needs based on gaps identified through the compliance monitoring process.
• Identify possible enhancements to LOB Compliance tools and processes and communicate them to the Compliance management.
• Assist LOB management and staff in communicating and implementing changes to applicable regulatory policies and procedures.
• Represent the LOB Compliance team and interact with examiners and auditors during internal, external and regulatory audits and examinations.
• Provide regulatory perspective on appropriateness of LOB sales and marketing materials.

Kenntnisse

Strong communication

Critical thinking

Relationship management

Project management

Verbal & written communication

Collaboration & teamwork

Analytical problem solving

Influence skills

Data-driven decision making

Ausbildung

Bachelor's degree

Compliance certification

Jobbeschreibung

BMO Financial Group is seeking a Compliance Officer for the Control Room to manage information barriers and support US Investment Banking and Research teams. The role emphasizes monitoring, policy development, and interaction with business partners in a high-pressure environment.

Responsibilities include governance, risk assessments, and regulatory advisory across multiple jurisdictions. The role requires a strong compliance background, excellent communication, and the ability to handle