Head of Control Assurance, Capital Markets

BMO Capital Markets Corp.; New York (NY); On-site; USD 120,000 - 170,000; Full time

Job summary

BMO Capital Markets is seeking a VP, Business Control Assurance to lead governance and controls within the Capital Markets Office. You will oversee risk-based testing portfolios, design effectiveness and operating effectiveness assessments, and ensure audit-ready documentation.

You will partner with business control teams, operations, technology and regulators, reporting to the MD, Control Assurance. The role emphasizes testing strategy, stakeholder engagement and continuous program improvements

Qualifications

• 7+ years of experience in financial services, Capital Markets, business controls, non-financial risk, internal audit, compliance testing or related assurance disciplines.
• Experience leading the control testing lifecycle, including risk-based planning, test design, Design Effectiveness and Operating Effectiveness assessment, sampling, documentation and remediation follow-up.
• Strong understanding of internal control frameworks and the respective accountabilities of first-line business and control teams, second-line risk and Internal Audit.
• Knowledge of Capital Markets products, front-to-back processes and related operational, regulatory, technology, data, third-party and resilience risks is preferred.
• Experience presenting testing outcomes, thematic insights and recommendations to senior management and supporting regulatory or audit engagements.
• Professional designations such as CPA, CIA, CISA, CRMA or equivalent are assets; prior audit experience is valued but not mandatory.

Responsibilities

• Translate the MD-approved Capital Markets assurance strategy and annual plan into executable testing portfolios.
• Define scope, sequencing, frequency and testing approach across businesses, processes, legal entities and risk categories.
• Develop proportionate test strategies, scripts, sampling approaches and evidence requirements.
• Engage Business Control teams and subject matter experts during planning and test design.
• Document and operationalize clear roles across teams; identify overlaps or gaps and escalate to MD when needed.
• Deploy assigned employees and contractors based on risk, product knowledge and capacity; manage day-to-day delivery.
• Lead end-to-end testing lifecycle from initiation through Effective Challenge, reporting and remediation follow-up.
• Coordinate with second-line risk stakeholders and upscale unresolved matters through governance paths.

Skills

Control assurance

Risk-based planning

Test design

Stakeholder management

Analytical capability

Leadership and coaching

Effective communication

Education

Undergraduate degree in Business Administration or related

Graduate degree or professional designation (asset)

Tools

Excel

Power BI

GRCE

Job description

BMO Capital Markets is seeking a VP, Business Control Assurance to lead governance and controls within the Capital Markets Office. You will oversee risk-based testing portfolios, design effectiveness and operating effectiveness assessments, and ensure audit-ready documentation.

You will partner with business control teams, operations, technology and regulators, reporting to the MD, Control Assurance. The role emphasizes testing strategy, stakeholder engagement and continuous program improvements