Regulatory Compliance Associate: Risk & Governance

BMO Financial Group; Chicago (IL); On-site; USD 55,000 - 120,000; Full time

Benefits offered by this job

Health insurance

Tuition reimbursement

Disability & life insurance

Retirement savings plans

Job summary

BMO Financial Group in Chicago, IL seeks an Associate, Registrations & Governance to support compliance programs across risk assessments, monitoring, testing and reporting. You will work with business partners to identify regulatory risks and help implement effective controls.

The role involves advisory support, stakeholder engagement, and process improvements within a high-regulation environment. Applicants should have relevant experience and a post-secondary degree, with strong analytical and

Qualifications

• Typically 3 to 5 years of relevant experience and a post-secondary degree in a related field of study.
• Recognized compliance certificate or equivalent preferred.
• Proficient knowledge of consumer protection and related marketing and advertising guidelines.
• Proficient knowledge of a compliance field.
• Strong knowledge of business operations, procedures and activities involving documented practices.
• Strong communication, critical thinking, relationship management and project management skills.

Responsibilities

• Provides advice and guidance to assigned business/group on implementation of solutions to manage regulatory risk based on an understanding of business operations and stakeholder needs.
• Conducts and/or effectively challenges risk assessments and assists in identifying more effective compliance controls.
• Performs and/or effectively challenges monitoring and testing activities to ensure regulatory compliance controls are operating and aligned to regulatory requirements.
• Supports root cause analysis in response to material control failures.
• Anticipates, identifies and analyses risks and consequences of unaddressed risk factors and compliance gaps, and recommends appropriate controls.
• Communicates the roles and importance of each of the three lines of defense and proactively identifies regulatory risk.

Skills

Compliance knowledge

Risk management

Communication skills

Project management

Analytical thinking

Data-driven decision making

Collaboration

Education

Post-secondary degree

Compliance certificate

Job description

BMO Financial Group in Chicago, IL seeks an Associate, Registrations & Governance to support compliance programs across risk assessments, monitoring, testing and reporting. You will work with business partners to identify regulatory risks and help implement effective controls.

The role involves advisory support, stakeholder engagement, and process improvements within a high-regulation environment. Applicants should have relevant experience and a post-secondary degree, with strong analytical and