Global Commodities Risk & Controls VP

BMO; New York (NY); On-site; USD 140,000 - 190,000; Full time

Benefits offered by this job

Health insurance

Tuition reimbursement

Retirement plans

Job summary

BMO Capital Markets seeks a high-caliber VP, GM Business Control – Commodities to own first-line risk coverage across physical and derivative commodity activities worldwide. You will lead process risk controls, KRIs, and governance across metals, energy, agricultural, and environmental products, partnering with Sales, Trading, Origination, and Operations.

The role emphasizes execution risk, business continuity, and programmatic risk management, with strong interaction with Regulatory,

Qualifications

• Undergraduate degree in Business Administration, Risk Management, Economics, Finance, or related discipline.
• Graduate degree and/or relevant professional designation is an asset.
• 5+ years of experience in commodities, Capital Markets, banking, or financial services, with demonstrated responsibility for operational risk, process execution, business controls, operations, physical commodity logistics, or related disciplines.
• Direct experience supporting physical commodities trading, commodity merchants, logistics or storage operators, commodity financing, or commodity risk management. Metals, energy, agricultural, or environmental markets strongly preferred.

Responsibilities

• Own the Commodities PRC inventory, including process documentation, risk and control mapping, control ownership, and periodic and trigger updates.
• Execute the annual PSPRA for Commodities, including new product and new activity assessments.
• Develop and report Commodities KRIs and control KPIs, including limit, inventory, and event-driven measures, with trend analysis to inform risk appetite and business decisions.
• Lead investigation and root cause analysis with the business, agree remediation actions and owners, and ensure timely recording, reporting, and escalation.

Job description

BMO Capital Markets seeks a high-caliber VP, GM Business Control – Commodities to own first-line risk coverage across physical and derivative commodity activities worldwide. You will lead process risk controls, KRIs, and governance across metals, energy, agricultural, and environmental products, partnering with Sales, Trading, Origination, and Operations.

The role emphasizes execution risk, business continuity, and programmatic risk management, with strong interaction with Regulatory,