VP, Commodities Operational Risk & Controls

BMO Capital Markets; New York (NY); On-site; USD 150,000 - 180,000; Full time

Benefits offered by this job

Health insurance

Tuition reimbursement

Accident and life insurance

Retirement savings plan

Job summary

BMO Capital Markets is seeking a VP, GM Business Control – Commodities in New York to lead first‑line operational risk coverage across metals, energy, agricultural and environmental commodities. You will partner with Sales, Trading, Origination, Operations, Technology and risk functions to identify, escalate and remediate control gaps and ensure robust governance.

This role emphasizes risk assessments, KRIs, control testing, business continuity, and program leadership for commodity risk,

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 operational risk responsibilities.

Responsibilities

• Commodities operational and process risk execution – provide first‑line coverage for processes, controls, and execution risks.
• Own the Commodities PRC inventory including documentation, risk mapping, control ownership and updates.
• Execute the annual PSPRA for Commodities, including new product/activity assessments.
• Develop and report Commodities KRIs and control KPIs, including limit, inventory and event-driven measures.

Skills

Organizational skills

Stakeholder relationships

Written and verbal communication

Proactive and self-directed

Education

Undergraduate degree in Business Administration, Risk Management, Economics, Finance, or related discipline

Graduate degree and/or relevant professional designation

Tools

Excel

Power BI

PowerPoint

Word

Visio

Job description

BMO Capital Markets is seeking a VP, GM Business Control – Commodities in New York to lead first‑line operational risk coverage across metals, energy, agricultural and environmental commodities. You will partner with Sales, Trading, Origination, Operations, Technology and risk functions to identify, escalate and remediate control gaps and ensure robust governance.

This role emphasizes risk assessments, KRIs, control testing, business continuity, and program leadership for commodity risk,