Manager, Regulatory Capital Governance

2 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

  • Manager, Regulatory Capital Governance

    6 days ago

    Toronto, Canada BMO Full time

    Application Deadline: 05/06/2024Address:100 King Street West The role is part of the Regulatory Capital Oversight (RCO) team, which is responsible for governance and oversight of the Bank's end-to-end BCAR and CAR self-assessment processes within ERPM. Together with other teams in ERPM, RCO also serves as a member of the Bank's Basel Interpretation Office...

  • Advisor, Regulatory Capital Governance

    1 month 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...

  • Associate Director, Regulatory Capital Governance

    1 month ago

    Toronto, Canada Royal Bank of Canada Full time

    **Job Summary** **What is the opportunity?** This is a role within the Financial Resource Optimization (FRO) team. FRO’s ultimate objective is to be a dynamic and transparent internal marketplace for capital across the bank which enables capital to flow where it best deployed to achieve RBC’s key financial metrics. In this role, the incumbent will be...

  • Manager, Process Management, Regulatory Operations

    11 hours ago

    Toronto, Canada Capital One Full time

    161 Bay Street (93021), Canada, Toronto,Toronto, Ontario, Manager, Process Management, Regulatory Operations **Manager, Process Management, Regulatory Operations*** - Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking. We measure our efforts by the success our customers enjoy and the...

  • Principal Compliance Specialist, Regulatory Affairs

    2 months ago

    Toronto, Canada Capital One Full time

    161 Bay Street (93021), Canada, Toronto,Toronto, Ontario, Principal Compliance Specialist, Regulatory Affairs **Principal Compliance Specialist, Regulatory Affairs Office, Canada Compliance** **Our Capital One Compliance** **Team.** Yes, we’re a credit card company. But we’re more than that too. We’re driven by what our customers want, and how to...

  • Senior Manager, Regulatory Risk

    1 day ago

    Old Toronto, Canada Scotiabank Full time

    Press Tab to Move to Skip to Content Link Select how often (in days) to receive an alert: Title:  Senior Manager, Regulatory Risk & Governance Requisition ID: 187046Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Contributes to the overall success of the Global Finance, Regulatory Risk...

  • Senior Manager, Regulatory Risk

    1 day ago

    Old Toronto, Canada Scotiabank Full time

    Press Tab to Move to Skip to Content Link Select how often (in days) to receive an alert: Title:  Senior Manager, Regulatory Risk & Governance Requisition ID: 187046Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Contributes to the overall success of the Global Finance, Regulatory Risk...

  • Senior Manager, Regulatory Risk

    3 days ago

    Toronto, Canada Scotiabank Full time

       Requisition ID: 187046Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Contributes to the overall success of the Global Finance, Regulatory Risk Governance group (1B) ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s mandate and overall...

  • Associate Director, Regulatory Capital Reporting

    2 months ago

    Toronto, Canada Royal Bank of Canada Full time

    **Job Summary** **What is the opportunity?** This is a role within the Financial Resource Optimization (FRO) team. FRO’s ultimate objective is to be a dynamic and transparent internal marketplace for capital across the bank which enables capital to flow where it best deployed to achieve RBC’s key financial metrics. In this role, the incumbent will be...

  • Manager, Regulatory and Financial Governance

    12 hours ago

    Toronto, Canada RFA Canada Full time

    RFA’s residential mortgage lending business is operated by RFA Mortgage Corporation and RFA Bank of Canada, a federally regulated Schedule I Bank. RFA Mortgage Corporation specializes in Prime lending (Insured, Insurable, Uninsurable), while RFA Bank of Canada is a balance sheet based Alternative mortgage lender (Alt-A and B lending). Combined, RFA offers...

  • Manager, Regulatory and Financial Governance

    12 hours ago

    Toronto, Canada RFA Bank of Canada, RFA Mortgages Corp. Full time

    RFA’s residential mortgage lending business is operated by RFA Mortgage Corporation and RFA Bank of Canada, a federally regulated Schedule I Bank. RFA Mortgage Corporation specializes in Prime lending (Insured, Insurable, Uninsurable), while RFA Bank of Canada is a balance sheet based Alternative mortgage lender (Alt-A and B lending). Combined, RFA offers...

  • Analyst, Supervision

    2 months ago

    Toronto, Canada CIBC Full time

    We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients. At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are...

  • Business Manager, Country Lead

    1 week ago

    Toronto, Canada Capital One Full time

    161 Bay Street (93021), Canada, Toronto,Toronto, Ontario, Business Manager, Country Lead - Capital One Shopping (Remote-Eligible) This is your opportunity to join the fast-growing International team on Capital One’s fast-growing consumer app: Capital One Shopping. Within Capital One, the Shopping team is working on a new consumer product that seeks to...

  • Avp, Capital and Recovery Planning

    1 day ago

    Toronto, Canada State Street Full time

    Who we are looking for The AVP, Capital and Recovery Planning will assume an important role in the State Street Canada Finance team primarily through their lead role in supporting SSTCC’s Capital Adequacy and Regulatory Reporting requirements, inclusive of the implementation and governance of the Internal Capital Adequacy Assessment Process (“ICAAP”)...

  • Regulatory Governance

    12 hours ago

    Toronto, Canada Citi Full time

    The Regulatory Governance & Initiatives position will be a part of the International Benefits Governance team, with a focus on the regulatory governance to ensure our employee benefits plans are compliant with legislative and regulatory requirements across the globe. The incumbent is also expected to lead and support other initiatives in benefits governance,...

  • Manager, Data Governance

    2 weeks ago

    Toronto, Canada Scotiabank Full time

    Requisition ID: 180410 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Scotiabank is currently seeking a Manager, Data Governance to join our growing team! This role contributes to the overall success of the GBM Data Office ensuring specific individual goals, plans, initiatives are executed / delivered...

  • Data Governance Analyst

    2 months ago

    Toronto, Canada Royal Bank of Canada Full time

    **Come Work with Us!** At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose. Whether you’re helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work...

  • Director, Capital Management

    1 week ago

    Toronto, Canada CIBC Full time

    We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients. At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are...

  • Director, Regulatory Reporting

    2 weeks ago

    Toronto, Canada CIBC Full time

    We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients. At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are...

  • IT Digital Governance Specialist

    3 weeks ago

    Toronto, Canada Financial Services Regulatory Authority of Ontario (FSRA) Full time

    FSRA is guided by our vision of financial safety, fairness and choice for Ontarians. We achieve this by public service through dynamic, principles-based and outcomes-focused regulation. FSRA is committed to attracting and retaining exceptional people who bring energy, expertise, and experience. This includes providing a comprehensive total rewards package...