Director of Risk and Compliance

2 weeks ago


Old Toronto, Ontario, Canada BMO Financial Group Full time
Job Description

About the Role

We are seeking a highly skilled and experienced Risk Management Director to join our team at BMO Financial Group. As a key member of our risk management team, you will be responsible for providing strategic leadership and guidance on risk management practices and policies.

Key Responsibilities

  • Provide Strategic Leadership
    • Develop and implement risk management strategies and policies to ensure the effective management of risk across the organization.
    • Collaborate with senior leaders to identify and prioritize risk management initiatives.
  • Lead Risk Management Initiatives
    • Design and implement risk management frameworks and processes to ensure the effective identification, assessment, and mitigation of risk.
    • Develop and maintain risk management policies and procedures to ensure compliance with regulatory requirements.
  • Provide Expertise and Guidance
    • Provide risk management expertise and guidance to business leaders and risk management teams to ensure the effective management of risk.
    • Develop and deliver risk management training and education programs to ensure that risk management practices are understood and implemented across the organization.
  • Collaborate with Stakeholders
    • Collaborate with internal and external stakeholders to ensure the effective management of risk and to identify opportunities for improvement.
    • Develop and maintain relationships with key stakeholders to ensure that risk management practices are aligned with business objectives.

Requirements

  • Education and Experience
    • Typically between 5 - 8 years of relevant experience and post-secondary degree in a related field of study or an equivalent combination of education and experience.
  • Skills and Knowledge
    • In-depth knowledge of risk management concepts and applications.
    • In-depth knowledge and experience with risk policy frameworks, quality control/testing frameworks, and omics.
    • Experience with Counterparty Credit Risk systems.
    • Knowledge of Python platform.

What We Offer

BMO Financial Group offers a total compensation package that includes performance-based incentives, discretionary bonuses, and other perks and rewards. We are committed to providing a work environment that is inclusive, diverse, and supportive of our employees' growth and development.



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