Senior Compliance Officer (control room)

Bank N.A.; Chicago (IL); On-site; USD 120,000 - 180,000; Full time

Job summary

Bank N.A. seeks a Compliance Officer for the Control Room to monitor and enforce information barriers between public and private sides of the business and support policy development for sensitive information handling.

The role involves high-pressure, time-sensitive work, cross-jurisdictional coordination, and potential non-standard hours. Prior investment banking regulatory exposure is a plus, with a focus on effective compliance controls and collaboration with stakeholders.

Qualifications

• Knowledge of regulatory environment and regulatory expectations as it applies to investment or corporate banking.
• Ability to work under high pressure with tact, discretion and composure.
• Flexibility to work non-standard hours, including certain statutory holidays.

Responsibilities

• Compliance Program Execution and Monitoring includes coordinating coverage across jurisdictions, reviewing research for compliance with policies and Wall Crossing procedures, maintaining grey and restricted lists, and monitoring communications to ensure regulatory and policy adherence.
• Regulatory Consultation provides advisory services to LOB management and staff, performs testing and analyzes KPIs to ensure Capital Markets policies are met, and reviews disclosures for compliance.
• Regulatory Governance requires maintaining expertise on applicable regulations and directives, and contributing to governance practices within the LOB Compliance groups.

Job description

Application Deadline: 11/12/2026

Address: 320 S Canal Street

Job Family Group: Audit, Risk & Compliance

The Compliance Officer Control Room, is a fundamental contributor to the successful management of the Firms Insider and Proprietary information. The incumbent will become part of a global team responsible for supporting the US Investment Banking and Research teams. The successful candidate will be responsible for monitoring and enforcing information barriers between public and private sides of the business and will assist with development of policies and procedures to ensure the effective practices to contain sensitive or material non-public information.

The successful candidate will demonstrate highly developed critical thinking and the ability to apply subjective judgement under circumstances of imperfect information. Frequent contact with Business professionals is a fundamental aspect of the role so, professionalism and the ability to develop meaningful relationships with business partners and other stakeholders will be critical to success. The control room operates in high pressure time sensitive environment. Demonstration of tact, discretion and composure will also be key success factors.

Practical experience in some aspect of investment banking would be an asset. Similarly a good understanding of regulatory environment and regulatory expectations as it applies to investment or corporate banking would also be useful. The successful candidate will be expected to acquire an understanding of these areas upon acceptance of the role.

The Control Room provides support to the business outside of normal business hours including certain statutory holidays. Flexibility to work non-standard hours may be required.

Compliance Program Execution and Monitoring (75%)

• o 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.
• o Execution of Monitoring and Testing for both Investment Banking and Research businesses.
• o 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.
• o 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.
• o Elevate high profile or high risk cases to the Compliance and LOB management to ensure visibility and prompt resolution.
• o Perform ongoing validation of monitoring strategies to ensure appropriate governance and control. Identify observations of trends and recommendations to optimize data.
• o 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.
• o Validate that issues identified through compliance monitoring and review processes are promptly addressed. Ensure that management remediation plans are adequate.
• o Provide guidance to less experienced Compliance team members in developing and implementing solutions.

Regulatory Consultation (10%)

• o Provide advisory services on compliance matters to LOB management and staff (first line of defense) in support of BMO's Research Business. Work proactively with business line contacts and management toward ensuring that effective and efficient compliance risk management solutions are identified and implemented.
• o 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.
• o Review various forms, disclosures and advertisements for compliance with applicable requirements.
• o Consult on new products, services and automated systems to assist the LOB(s) with incorporating compliance requirements into these initiatives.

Regulatory Governance (15%)

• o Develop and maintain a high level of expertise in all regulations, directives and guidance which apply to the LOB Compliance group(s) supported.
• o Prov