Manager, Regulatory Capital Governance

5 months ago

Toronto, Canada BMO Financial Group Full time

100 King Street West Toronto Ontario,M5X 1A1

As Manager, Regulatory Capital Governance, your responsibilities will include:

- Governance and Oversight - provide support in effective governance and oversight of the interpretation of Basel regulatory capital requirements across the bank, including OSFI CAR guidelines, Implementation Notes and related guidance, as well as regulatory requirements of foreign jurisdictions in which the bank operates
- Stakeholder Engagement - coordinate with multiple stakeholder groups across the bank, including BCAR process owners within Credit Risk, Market Risk and Operational Risk reporting teams to provide guidance on regulatory requirements applicable to their respective processes
- Provide support in coordinating the bank's approval process for rule interpretations and regulatory capital treatment
- Innovation - contribute to the development, maintenance and enhancement of a centralized repository for approved regulatory treatments across the bank, along with the associated tools and technology
- Provide research and analysis in support of decision making relating to requirements under current guidelines, and towards enhancement of the governance framework to reflect regulatory developments, changing regulatory expectations and emerging risks in the regulatory environment.

Core Accountabilities
- Supports all aspects of the team's activities related to interpretation requests and inquiries from stakeholders, including coordination of the approval process for interpretation requests.
- Provides research and analysis in support of decision making related to interpretation requests, rule changes and capital treatment of CAR guideline requirements
- Participates in monitoring, measurement & reporting on the status of the governance framework to senior executives
- Develops and maintains a central repository of approved regulatory treatments

Specific Accountabilities

Advisory
- Provides advice and guidance to specific stakeholder groups on the interpretation of regulatory requirements, including effective challenge and resolution of interpretation disagreements between stakeholders.
- Provides specialized consulting, analytical and technical support.
- Exercises judgment to identify, diagnose, and solve problems within given regulatory requirements.

Operational Management
- Coordinates and participates in the execution of oversight/governance activities including reporting; assessment of education & training needs, development/delivery of training; development and execution of regulatory administration processes & procedures; management of review/updates to policies, etc.
- Identifies where corrective actions are required and escalates per guidelines; ensures corrective action is taken as necessary.
- Documents the internal control governance system, processes and framework to describe compliance requirements, activities, processes, roles & responsibilities.
- Works independently and regularly handles non-routine situations.
- Assists in the management of governance meetings and maintenance of governing body mandates, oversight and approval guidelines.
- Reviews processes and identifies opportunities for risk mitigation through proposing new controls or revising existing controls.

Relationship Management
- Builds effective relationships with internal/external stakeholders and ensures alignment between stakeholders
- Consults with stakeholders to improve consistency and transparency of rule interpretations and control measurement/metrics and reporting.
- Focus is primarily on stakeholder groups within BMO, with enterprise-wide scope.

Change Management
- Builds change management plans of varying scope and type; leads or participates in a variety of change management activities including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives.
- Assists with the interpretation of new or changing regulations and assessing impacts to the governance frameworks.
- Participates in defining the communication plan designed to positively influence or change behaviour; develops tailored messaging; and identifies appropriate distribution channels.
- Develops and maintains in-depth knowledge of business and related risk management requirements and legislative/regulatory directives and guidance.

Strategic Initiatives
- Develops governance and control-related solutions and makes recommendations which leverage an understanding of the business strategy and stakeholder needs.
- May provide specialized support for other internal and external regulatory requirements, including regulatory requirements pertaining to emerging risks and other regulatory developments.

Data Management
- Coordinates the management of databases; ensures alignment and integration of data in adherence with data governance standards.
- Develops tools, checklists and communications to address gaps, issues and new requirements.
- Monitors and tracks performance; add

  • Advisor, Regulatory Capital Governance

    5 months ago

    Toronto, Canada BMO Financial Group Full time

    100 King Street West Toronto Ontario,M5X 1A1 BMO is on the lookout for an Advisor, Regulatory Capital Governance to join our Capital Risk Management team. This role offers the unique opportunity to play a pivotal role in reinforcing the bank’s compliance and strategic decision-making regarding capital adequacy requirements. This position reports directly...

  • Manager, Regulatory Capital

    2 weeks ago

    Toronto, Canada BMO Financial Group Full time

    100 King Street West Toronto Ontario,M5X 1A1 **60% Regulatory Capital Analytics** - Conduct timely and accurate analysis of the monthly enterprise regulatory capital submissions focusing on both Internal Rating Based (IRB) risk weighted assets (RWA) and Standardized RWA for the Basel capital floor, with particular emphasis on lending portfolios. - Produce...

  • Regulatory Asset Manager

    3 days ago

    Old Toronto, Canada Canadian Investment Regulatory Organization Full time

    About the RoleWe are seeking a highly skilled Regulatory Asset Manager to join our team at the Canadian Investment Regulatory Organization (CIRO). As a key member of our Registration department, you will play a critical role in ensuring the effective regulation of our capital markets.Key ResponsibilitiesManage the Toronto office of our Registration...

  • Senior Technical Lead

    4 weeks ago

    Toronto, Ontario, Canada Financial Services Regulatory Authority of Ontario Full time

    Job SummaryWe are seeking a highly skilled Senior Technical Lead to join our team at the Financial Services Regulatory Authority of Ontario. As a key member of our team, you will provide specialist and subject matter expertise to the development and implementation of regulatory directives, supervisory practices, and assessments.Key ResponsibilitiesProvide...

  • Regulatory Expert Leader for Financial Services

    10 hours ago

    Toronto, Ontario, Canada Financial Services Regulatory Authority of Ontario Full time

    Job OverviewWe are seeking a Regulatory Expert Leader to join our team at the Financial Services Regulatory Authority of Ontario. In this role, you will provide specialist and subject matter expertise to the development and implementation of regulatory directives, supervisory practices, and assessments.Key ResponsibilitiesProvide direction and interpretation...

  • Senior Technical Lead

    3 weeks ago

    Toronto, Ontario, Canada Financial Services Regulatory Authority of Ontario Full time

    Job SummaryAs a Senior Technical Lead - Regulatory Expert, you will provide specialist and subject matter expertise to the development and implementation of regulatory directives, supervisory practices, and/or supervisory assessments. You will lead and contribute to quantitative and qualitative research, development, and assessments to support departmental...

  • Chief Risk Governance Officer

    10 hours ago

    Toronto, Ontario, Canada RBC Capital Markets, LLC Full time

    About the RoleWe are seeking an experienced Chief Risk Governance Officer to join our team at RBC Capital Markets, LLC. This is a senior leadership position that will play a critical role in overseeing and managing risk across various business lines.Job DescriptionThe successful candidate will be responsible for:Developing and implementing risk governance...

  • Insurance Regulatory Manager

    2 weeks ago

    Toronto, Ontario, Canada Financial Services Regulatory Authority of Ontario Full time

    About the RoleThis position is accountable for managing the strategic development, implementation, and ongoing management of the auto insurance accreditation assessment framework, including associated tools and processes and supervisory manual.Main ResponsibilitiesManages the delivery of Auto Insurance Accreditation Program and Risk Assessment programs or...

  • Regulatory Risk Management Specialist

    3 weeks ago

    Old Toronto, Canada Capital One Canada Full time

    Principal Associate, Process ManagementWe're a leading credit card company dedicated to providing innovative digital solutions that meet our customers' needs. As a Process Manager at Capital One Canada, you'll work with cross-functional teams to develop and improve processes that ensure customer satisfaction, regulatory compliance, and continuous...

  • Senior Regulatory Reporting Manager

    3 weeks ago

    Toronto, Ontario, Canada RBC Capital Markets, LLC Full time

    Job SummaryWe are seeking a highly skilled Senior Regulatory Reporting Manager to join our US Regulatory Services team in Toronto. As a key member of our team, you will be responsible for managing the day-to-day reporting activities and ensuring all procedures are followed for assigned reports.Key ResponsibilitiesManage a team of junior employees in a...

  • Senior Regulatory Reporting Manager

    1 month ago

    Toronto, Ontario, Canada RBC Capital Markets, LLC Full time

    Job DescriptionKey Responsibilities:Lead the US Regulatory Services team in the Toronto office, ensuring effective management of resources and adherence to procedures.Develop and implement controls to ensure timely, accurate, and complete reporting, resolving any exceptions identified.Act as a final reviewer for assigned regulatory reporting submissions and...

  • Senior Regulatory Reporting Manager

    1 month ago

    Toronto, Ontario, Canada RBC Capital Markets, LLC Full time

    Job DescriptionKey Responsibilities:Lead the US Regulatory Services team in the Toronto office, ensuring effective management of resources and adherence to procedures.Develop and implement controls to ensure timely, accurate, and complete reporting, resolving any exceptions identified.Act as a final reviewer for assigned regulatory reporting submissions and...

  • Risk Governance Expert

    3 days ago

    Toronto, Ontario, Canada RBC Capital Markets, LLC Full time

    Job SummaryWe are seeking a highly skilled Risk Governance Expert to join our team at RBC Capital Markets, LLC. This role will be responsible for supporting the U.S. Risk Governance and Reporting team with governance protocols for GRM's suite of risk policies.ResponsibilitiesSUPPORTING THE DESIGN AND IMPLEMENTATION OF POLICY GOVERNANCE INITIATIVESMaintain...

  • Capital Management Specialist

    3 weeks ago

    Toronto, Ontario, Canada The Toronto-Dominion Bank (Canada) Full time

    Job SummaryThe Toronto-Dominion Bank (Canada) is seeking a highly skilled Capital Management Specialist to join our team. As a key member of our Enterprise Capital Management department, you will be responsible for managing the bank's capital adequacy and efficiency, as well as coordinating regulatory advocacy and developing and reporting on the bank's...

  • Senior Governance Specialist

    2 weeks ago

    Toronto, Ontario, Canada RBC Capital Markets, LLC Full time

    Job Opportunity: Risk Policy ManagerThis role is responsible for supporting the Risk Governance and Reporting team with governance protocols for risk policies at RBC Capital Markets, LLC. The position will cover both change and run the bank activities related to policy governance, adoption, and effectiveness.Support the design and implementation of policy...

  • Manager, Regulatory Reporting, Scotia Capital Inc

    1 week ago

    Toronto, Canada Scotiabank Full time

    Requisition ID: 208435 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Manager, SCI Regulatory Reporting is a key partner in supporting Scotia Capital Inc. (SCI) Regulatory Reporting team to maintain compliance with its regulator, Canadian Investment Regulatory Organization (CIRO). The Manager is...

  • Regulatory Governance Associate Director

    4 weeks ago

    Toronto, Ontario, Canada Royal Bank of Canada Full time

    Job SummaryAs part of the Group Risk Management team, the Associate Director, Regulatory, Governance & Issues Management will serve as a central point to achieve common outputs for ORSS and GRM OR driven by work orders. The ideal candidate will develop forward-thinking solutions to drive business outcomes.Job DescriptionThe Associate Director, Regulatory,...

  • Regulatory Governance Associate Director

    4 weeks ago

    Toronto, Ontario, Canada Royal Bank of Canada Full time

    Job SummaryAs part of the Group Risk Management team, the Associate Director, Regulatory, Governance & Issues Management will serve as a central point to achieve common outputs for ORSS and GRM OR driven by work orders. The ideal candidate will develop forward-thinking solutions to drive business outcomes.Job DescriptionThe Associate Director, Regulatory,...

  • Strategic Government and Regulatory Affairs Manager

    6 days ago

    Toronto, Ontario, Canada Questrade Financial Group Full time

    Lead the Way in Government and Regulatory AffairsWe're seeking a seasoned Senior Manager to join our team at Questrade Financial Group, a leader in the fintech industry. As a key member of our Government and Regulatory Affairs team, you'll play a critical role in shaping our organization's strategic direction and ensuring compliance with regulatory...

  • Associate Director Regulatory Governance

    1 month ago

    Toronto, Ontario, Canada Royal Bank of Canada Full time

    Job SummaryAs part of the Group Risk Management team, the Associate Director, Regulatory, Governance & Issues Management will act as a central point to achieve common outputs for ORSS and GRM OR driven by work orders. This role will develop and implement strategies to ensure compliance with regulatory requirements and maintain a strong governance...