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Senior Compliance Officer, Regulatory Reporting and Special Projects

2 months ago


Toronto, Ontario, Canada Bank of Montreal Full time
Compliance Professional, Regulatory Reporting and Governance

**Job Summary**

We are seeking a highly skilled Compliance Professional to join our team at the Bank of Montreal. As a key member of our Compliance department, you will play a critical role in ensuring the effective implementation and maintenance of our compliance programs.

**Key Responsibilities**

  • Coordinate and perform risk assessments, monitoring, testing, and surveillance activities to ensure our compliance programs remain current and aligned with regulatory requirements.
  • Advise business groups on the implications of new regulatory developments and internal products.
  • Identify risks and implement appropriate actions to mitigate them.
  • Develop and maintain compliance information for analysis and reporting.
  • Achieve compliance goals by maintaining current knowledge of regulatory requirements and developments.
  • Provide oversight and make recommendations that significantly impact the Bank's ability to monitor regulatory compliance programs.
  • Build effective professional relationships with business groups, internal/external stakeholders, and trust with regulators.
  • Analyze and report on compliance data to gain insights on regulatory risk.
  • Conduct and/or effectively challenge risk assessments for business groups.
  • Provide advice and guidance to assigned business groups on the implementation of solutions aligned to regulatory risk appetite.

**Requirements**

  • Typically minimum of 6 years of relevant experience and post-secondary degree in a related field of study or an equivalent combination of education and experience.
  • Recognized compliance certificate or equivalent preferred.
  • Detailed knowledge of consumer protection regulations and related marketing and advertising guidelines.
  • Strong communication, critical thinking, relationship management, and project management skills.
  • Verbal & written communication skills - In-depth.
  • Analytical and problem-solving skills - In-depth.

**Compensation**

The salary range for this position is $74,800.00 - $138,600.00. BMO Financial Group's total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards.

BMO is committed to an inclusive, equitable, and accessible workplace. Accommodations are available on request for candidates taking part in all aspects of the selection process.