Vice President, Capital Markets Conduct Risk Management

VP, Capital Markets Conduct Risk Management 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. Role Overview The VP, Capital Markets Conduct Risk Management is a member of the Regulatory Portfolio team within Capital Markets Supervision & Governance (CMSG). This role is specifically responsible for overseeing the Capital Markets conduct risk framework and related activities, and for promoting an inherent culture of risk management across Capital Markets. Key Accountabilities The VP will collaborate with Lines of Business, Risk Partners, and Compliance to review and validate conduct risk frameworks, metrics, and dashboards, documenting findings. Additional responsibilities include maintaining strong regulatory knowledge, overseeing Risk and Control Self‑Assessments (RCSA), and ensuring effective first line of defense monitoring protocols for capital markets products and personnel. Responsibilities Develop and Implement Conduct Risk Frameworks: Design and implement conduct risk frameworks and policies to ensure compliance with regulatory standards and internal policies. Risk Assessment and Monitoring: Conduct regular risk assessments and monitoring activities to identify, assess, and mitigate conduct risks within the capital markets division. Regulatory Compliance: Ensure the organization is in compliance with all relevant regulatory requirements related to conduct risk. Stay updated on changes in regulations and ensure timely implementation of necessary changes. Stakeholder Collaboration: Work closely with senior management, legal, compliance, and other relevant stakeholders to promote a culture of integrity and accountability. Training and Awareness: Develop and deliver training programs to enhance awareness and understanding of conduct risk among employees. Incident Management: Lead investigations into conduct‑related incidents, ensuring that root causes are identified, and appropriate corrective actions are taken. Reporting and Communication: Prepare and present reports on conduct risk issues to senior management and the board of directors, providing insights and recommendations for improvement. Benchmarking and Best Practices: Stay informed about industry best practices and trends in conduct risk management and incorporate them into the organization's risk management strategies. Leadership and Team Management: Lead and manage a team of conduct risk professionals, providing guidance, support, and development opportunities. Continuous Improvement: Drive continuous improvement initiatives to enhance the effectiveness and efficiency of conduct risk management processes. Knowledge, Skills & Requirements 5+ years of strategy, compliance, regulatory, conduct risk or business risk management experience. Strong product knowledge and understanding of capital markets activities, risk taxonomies and applicable regulations surrounding them. Knowledge of the Broker Dealer and Banking Regulations, including SEC, FINRA, OCC, FRB, NFA and CFTC. Demonstrated analytical, auditing, writing, communications and presentation skills. Strong collaborative skills. Excellent Excel spreadsheet manipulation and data analytic skills; familiarity with PowerBI, Python and other programming scripts a plus. Strong relationship management skills: ability to establish and manage multiple stakeholder relationships with the business, within the three lines of defense and with corporate support functions. Proven project management capabilities and an ability to coordinate the efforts of people and resources not under their direct control. Ability to read technical compliance material and distil the applicability of the regulations to respective business unit(s). Ability to deal with sensitive issues with tact and discretion. Excellent judgment and interpersonal skills, able to consult, influence, collaborate and appropriately escape issues. Strong analytical skills – analyze the evidence collected on remediated controls and determine if there is substantive conformance with requirements. Ability to communicate questions and requests in a professional and clear manner. Operate effectively within a demanding environment with constant regulatory and audit scrutiny. Ability to work independently, multitask efficiently and effectively, and meet tight deadlines. Advanced educational degree desirable – MBA, CPA or JD. Location Toronto, Canada Compensation This position offers a competitive compensation mix including base salary and incentive pay. Salary range: $90,000 – $130,000 CAD (subject to the candidate meeting the specific skills, experience, education, and qualification requirements). Privacy & Benefits At BMO Financial Group your privacy is our priority. Our Privacy Code outlines our commitment to you and is designed to comply with applicable Privacy legislation in Canada. To view a copy of the Bank’s privacy policy please visit our website at http://www.bmo.com, scroll to the bottom of the page and click on the Privacy link. BMO offers health insurance, tuition reimbursement, accident and life insurance, retirement savings plans, and other perks and rewards. For details, visit https://jobs.bmo.com/global/en/Total-Rewards. About BMO At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world. #J-18808-Ljbffr