Operational Risk Management Specialist

2 weeks ago


Toronto, Ontario, Canada Bank of Montreal Full time
Job Opportunity:
    Bank of Montreal is seeking an experienced Operational Risk Management Specialist to join our team in regulatory compliance.

About the Role:
    In this critical position, you will play a key role in ensuring the effective implementation of operational risk management practices across Wealth LOBs. You will be responsible for delivering on components of 1LOD testing plans, executing testing programs, and documenting results. Additionally, you will design and implement specific monitoring and testing procedures, understand enterprise compliance programs and operational non-financial risk methodologies, and communicate identified issues to relevant stakeholders.

About You:
    To succeed in this role, you will need 7+ years' experience in a compliance, control testing, or audit role, preferably in a dealer and/or portfolio management environment. You should possess excellent data analysis skills, organizational, analytical, and communication skills, as well as strong planning and interpersonal skills. Familiarity with Wealth regulatory requirements and experience in the planning and execution of testing are also essential.

Total Compensation Package:
    BMO Financial Group's total compensation package varies based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. The company also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans.

Salary Range:
    $80,000 - $120,000 per year (estimated), depending on qualifications and experience.

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