Audit and Compliance Risk Manager
1 week ago
We are seeking an experienced professional to join our team as an Audit and Compliance Risk Manager. In this role, you will be responsible for developing and maintaining an effective internal control framework that defines the ways and methods governance is implemented, managed, and monitored in our designated business/group portfolio.
Responsibilities- Perform testing on design of controls to ensure risks are identified and controls are effective.
- Review processes and identify opportunities for risk mitigation through proposing new controls or revising existing controls.
- Consult with stakeholders to improve consistency and transparency of control measurement/metrics and reporting.
- Coordinate and participate 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.
- Lead or assist in the execution of oversight/governance activities.
You will work closely with our stakeholders to develop and implement effective governance frameworks and provide expert advice and guidance on risk management and internal controls.
Requirements- A minimum of 4 years of relevant experience and a post-secondary degree in a related field of study or an equivalent combination of education and experience.
- Experience in risk management, audit, compliance, governance and/or project management is preferred.
- In-depth knowledge of business and regulatory environment.
- In-depth knowledge & experience with risk policy frameworks; quality control/testing frameworks.
- Technical proficiency gained through education and/or business experience.
The salary for this position is estimated to be around $80,000 - $110,000 per year, depending on experience and qualifications. We offer a comprehensive benefits package, including health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans.
BMO Financial Group is committed to creating lasting, positive change for our customers, our communities and our people. We strive to help our employees make an impact from day one – for themselves and our customers. We'll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs.
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