Vice President, Non-Financial Risk

BMO Capital Markets is a leading, full-service financial services provider. We offer corporate and investment banking, treasury management, as well as research and advisory services to clients around the world. The Vice President, Non-Financial Risk & Control is part of the Capital Markets Operational Risk & Resilience (CM ORR) team. As part of the Capital Markets Office of the Chief Operating Officer (CM OCOO), the CM ORR unit operates at a quick pace with exceptional quality and high expectations; the role requires the same pace coupled with high quality execution of deliverables. The VP is expected to provide expertise, support, and resources to drive Non‑Financial Risk management. The role is responsible for overseeing non‑financial risk exposures specifically within the Capital Markets Front Office, applying a portfolio‑based approach to identify themes, concentrations, and emerging threats across products, functions, and regions. The candidate will be assigned to a portfolio of multiple and interlinked non‑financial risk stripes tailored according to their expertise, experience, and interest. They will work closely with the 1st line business risk coverage team, the 1st Line Centre of Excellence (CoE), and the 2nd Line of Defense to embed a resilient and well‑controlled operating environment across global Capital Markets Front Office operations. The candidate will report into the Director, Operational Risk & Resilience, Capital Markets. Key Role/Responsibilities Portfolio‑Level Risk AdvisoryThe candidate will provide expert risk advisory and oversight of the Capital Markets Front Office non‑financial risk profile across businesses, functions, and geographies, identifying and assessing risk concentrations, emerging issues, and thematic risks. Acting as a trusted advisor, they will engage with business stakeholders to promote effective risk management and mitigation strategies. Risk Reporting & InsightDevelop and deliver clear, concise, and insightful 1st‑line risk insight and analysis to senior management and governance forums. Provide strategic risk insights that go beyond the data by answering the “so what” — highlighting implications, emerging trends, and recommended actions to support informed, proactive decision‑making and effective risk oversight. Stakeholder, CoE & Second Line EngagementBuild and maintain strong relationships with Front Office business stakeholders, the 1st Line Centre of Excellence (CoE), and the 2nd Line Risk functions to ensure alignment of Capital Markets Front Office risk practices with enterprise risk and resilience frameworks. Serve as a key liaison to facilitate effective communication, risk escalation, and coordinated risk management activities. Control Environment StrengtheningSupport the design, implementation, and ongoing effectiveness of key controls related to non‑financial risks. Collaborate with business partners to identify control gaps, drive timely remediation of issues, and implement sustainable enhancements. Promote a culture of continuous improvement by recommending best practices, embedding risk awareness, and ensuring controls remain aligned with evolving business activities and regulatory expectations. Risk Initiative / ProjectsExecute on short/long‑term projects and initiatives (e.g., Regulatory/Audit Remediation) related to the portfolio. Ideal Candidate Attributes Skills Excellent organizational skills with the ability to create/execute a detailed plan for short‑ and long‑term work. Build positive stakeholder relationships within Capital Markets and across Corporate Support Areas to garner support, advice and partnership that enables execution of the role. Communicate effectively (verbal and written) at all levels of the organization, including the most senior executives, drafting communications and running calls and meetings. Ability to represent Capital Markets at senior industry discussions, with regulators and internal & external auditors. Proactive in work and responsibility. Ongoing self‑study about Capital Markets, emerging regulatory and industry issues, BMO business priorities, and best practices. Ability to adapt and quickly develop an in‑depth understanding of new/different initiatives, requirements, or roles. Personal Attributes Confident, team player. Problem solver, decision maker, proposes solutions. Motivated, self‑directed. Strong verbal, written and interpersonal communication. Calm under pressure, ability to execute while managing competing priorities. Humble, ability to laugh at self. Anticipate needs and requests. Qualifications & Experience Undergraduate degree in Business Administration, Risk Management, Economics, Finance and/or relevant background. Graduate degree or professional designations in related discipline would be an asset. Minimum 7+ years of experience in banking or financial services, including exposure to 1st line internal control, in‑business risk management, governance, and/or 2nd line risk subject‑matter roles. Deep expertise in one or more non‑financial risk and control areas, including but not limited to: Transaction Processing Operational Resilience & Business Continuity Information & Cyber Security Third‑Party Risk Fraud Risk Physical Security Risk Accounting/Financial Management Regulatory Compliance & Reputational Risk Demonstrated advanced technical understanding of Capital Markets Front Office products, services, and end‑to‑end business processes. Proven experience advising and influencing within First Line of Defense functions, with a track record of embedding risk ownership in Front Office business teams. Excellent communication, collaboration, and relationship management skills across technical and non‑technical stakeholders. Salary The salary range for this role is $95,000 up to $125,000 CAD (subject to the candidate meeting the specific skills, experience, education, and qualification requirements). The position is salaried. Benefits BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. For more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards About Us At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world. As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in‑depth training and coaching, to manager support and network‑building opportunities, we’ll help you gain valuable experience, and broaden your skillset. BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter. For more information, visit https://jobs.bmo.com/ca/en #J-18808-Ljbffr