Technology Risk Management Specialist

4 days ago


Toronto, Ontario, Canada BMO Full time
Job Summary

We are seeking a highly skilled Technology Risk Management Specialist to join our team at BMO. As a key member of our risk management team, you will be responsible for overseeing, monitoring, and reporting on information and technology risks for a designated portfolio.

Key Responsibilities
  • Develop and monitor the risk management and governance framework and practices leveraged across BMO to manage information and technology risks.
  • Develop and monitor adherence to policies, standards, methodologies, and controls that increase transparency, accuracy, and consistency across groups.
  • Work with stakeholders to implement the methodology, metrics, and program standards for the assigned portfolio to ensure compliance, effective monitoring, timely reporting, and identify action plans.
  • Act as a trusted advisor to assigned business/group.
  • Guide/assist in the identification and classification of issues; recommend action plans.
  • Influence and negotiate to achieve business objectives.
  • Recommend and implement solutions based on analysis of issues and implications for the business.
  • Assist in the development of strategic plans.
  • Identify emerging issues and trends to inform decision-making.
  • Research existing or emerging requirements and related best practices to develop recommendations for changes/enhancements.
  • Independently assess the information and technology risk profile (e.g. exposures, material initiatives, systems issues or weaknesses in the control structure) for the assigned portfolio.
  • Assist with the interpretation of new or changing regulations and assess impacts to governance frameworks.
  • Help determine business priorities and best sequence for execution of business/group strategy.
  • Conduct independent analysis and assessment to resolve strategic issues.
  • Lead the development and maintenance of the governance system and framework.
  • Ensure alignment between stakeholders.
  • Represent the risk program / governance structure during internal/external regulatory audits and/or examinations.
  • Maintain tools and templates for information and technology risk programs and standards e.g. Risk Control Self Assessment (RCSA), Sarbanes-Oxley (SOX), business continuity planning standards and policies for internal and third-party solution development.
  • Develop and maintain in-depth knowledge of business and related risk management requirements and legislative/ regulatory directives and guidance.
  • Build effective relationships with internal/external stakeholders.
  • Analyze data and information to provide insights and recommendations.
Qualifications
  • Typically between 5 - 7 years of relevant experience as a Technology Risk professional
  • Post-secondary degree in related field of study or an equivalent combination of education and experience.
  • Degree in Information Technology, Computer Science, Business Administration, or related field of study preferred.
  • Completion of a Risk related certification preferred (e.g. CRISC).
  • In-depth knowledge of information and technology risk management practices.
  • Knowledge of Regulatory and Compliance requirements for Technology
  • Exposure to Financial Industry and pertaining Technology Risk practice
  • Experience in 2nd Line of Defence and Operational Risk

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