Market Risk Governance Specialist
24 hours ago
We are seeking a highly skilled Market Risk Governance Specialist to join our team at BMO. As a key member of our risk management team, you will be responsible for providing second-line oversight and challenge to Balance Sheet Management (BSM) and Structural FX (SFX) activities.
Key Responsibilities- Establish and maintain frameworks, processes, and controls to oversee BSM and SFX activities.
- Perform independent reviews of BSM and SFX activities, including review of exposures, strategies, transactions, and assumptions.
- Collaborate with Corporate Treasury stakeholders to set risk tolerance/limits against SFX risk and BSM positions.
- Identify emerging risks and engage first-line teams to assess potential impact.
- Support non-trading FX reporting enhancements.
- Collaborate with financial performance oversight teams on P&L analysis.
- Provide strategic input into business decisions as a trusted advisor.
- Make recommendations to senior leaders on strategy and new initiatives, based on an in-depth understanding of the business/group.
- Act as a subject matter expert on relevant regulations and policies.
- Network with industry contacts to gain competitive insights and best practices.
- Interpret new regulations and assess impacts to the governance framework.
- Develop reports on the status of the governance program or framework components to various internal and external stakeholder audiences.
- Influence and negotiate to achieve business objectives.
- Identify emerging issues and trends to inform decision-making.
- Recommend business priorities, advise on resource requirements, and develop roadmaps for strategic execution.
- Manage resources and lead the execution of strategic initiatives to deliver on business and financial goals.
- Measure the effectiveness of risk governance systems and frameworks; recommend changes as required.
- Conduct independent analysis and assessment to resolve strategic issues.
- Lead the development and maintenance of the governance system and framework.
- Act as the prime subject matter expert for internal and external stakeholders.
- Ensure alignment between stakeholders.
- Represent the risk program/governance structure during internal and external regulatory audits and/or examinations.
- Design and produce regular and ad-hoc reports and dashboards.
- Develop and maintain comprehensive information management systems; design and/or lead initiatives to improve processes, analysis, and reporting.
- Lead the development of the communication strategy, focusing on positively influencing or changing behavior.
- Lead change management programs of varying scope and type, including readiness assessments, planning, stakeholder management, execution, evaluation, and sustainment of initiatives.
- Lead the execution of operational programs; assess and adapt as needed to ensure quality of execution.
- Manage the review and sign-off process for relevant regulatory reporting.
- Lead and integrate the monitoring, measurement, and reporting on the status of the market risk governance program to internal and external stakeholders.
- Lead the management of governance meetings and maintenance of governing body mandates, oversight, and approval guidelines.
- May provide specialized support for other internal and external regulatory requirements.
- Provide input into the planning and implementation of ongoing operational programs in support of the market risk framework.
- Lead/participate in the design, implementation, and management of core business/group processes.
- Support the market risk monitoring and control program activities in adherence to all policies, procedures, and established processes.
- Reviews new business initiatives and monitors existing initiatives to identify potential risk situations/impacts; makes recommendations or escalates to the manager, as per guidelines.
- Monitors the financial market environment and market risk model performance impacts for optimal execution of risk strategies.
- Independently administers and evaluates models, model assumptions, and key metrics used for the measurement of market risk for adherence to all policies and procedures applicable to the transaction based on established processes; documents and reports results of evaluations on an individual and summary basis.
- Identifies where corrective actions are required and escalates per guidelines; ensures corrective action is taken as necessary.
- Provides advice and guidance to assigned business/group on implementation of the risk framework, including effective challenge.
- Coordinates and participates in the execution of oversight/governance activities, including reporting; assessment of education and training needs, development/delivery of training; development and execution of regulatory administration processes and procedures.
- Consults with stakeholders to improve consistency and transparency of risk measurement, metrics, and reporting.
- Supports the development and maintenance of the governance system and framework, including supporting policy/standard/operating procedures lifecycle management, education, and training assessments.
- Develops and maintains in-depth knowledge of business and related risk management requirements and legislative/regulatory directives and guidance.
- Analyzes data and information to provide insights and recommendations.
- Monitors and tracks performance; addresses any issues.
- Coordinates and monitors the review and sign-off of regulatory reporting and attestations.
- Operates at a group/enterprise-wide level and serves as a specialist resource to senior leaders and stakeholders.
- Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to problems that can be complex and non-routine.
- Implements changes in response to shifting trends.
- Broad work or accountabilities may be assigned as needed.
- Typically 7+ years of relevant experience and post-secondary degree in a related field of study or an equivalent combination of education and experience.
- In-depth/expert knowledge and understanding of market risk management practices.
- In-depth/expert knowledge of regulatory requirements.
- In-depth/expert knowledge and experience with risk policy frameworks; quality control/testing frameworks.
- Seasoned professional with a combination of education, experience, and industry knowledge.
- Verbal and written communication skills - In-depth/Expert.
- Analytical and problem-solving skills - In-depth/Expert.
- Influence skills - In-depth/Expert.
- Collaboration and team skills; with a focus on cross-group collaboration - In-depth/Expert.
- Able to manage ambiguity.
- Data-driven decision making - In-depth/Expert.
-
Specialist, Risk and Governance
3 days ago
Toronto, Ontario, Canada Manulife Full timeJob SummaryWe are seeking a highly skilled Specialist, Risk and Governance to join our team at Manulife. As a key member of our Global Investments Operations group, you will play a critical role in identifying and mitigating key business risks, and ensuring the effective implementation of controls and governance reporting.Key ResponsibilitiesDevelop and...
-
Specialist, Risk and Governance
4 days ago
Toronto, Ontario, Canada Manulife Full timeJob SummaryWe are seeking a highly skilled Specialist, Risk and Governance to join our team at Manulife. As a key member of our Global Investments Operations group, you will play a critical role in identifying and mitigating key business risks, and ensuring the effective implementation of controls and governance reporting.Key ResponsibilitiesDevelop and...
-
Old Toronto, Ontario, Canada Smart Communications group Full timeAbout the RoleWe are seeking a highly skilled IT Governance, Risk and Compliance Specialist to join our team at Smart Communications Group. As an ITGRC Specialist, you will play a critical role in ensuring the effective management of IT risks and compliance across our organization.Key ResponsibilitiesIT Risk Management: Evaluate and monitor compliance to our...
-
Old Toronto, Ontario, Canada Smart Communications group Full timeAbout the RoleWe are seeking a highly skilled IT Governance, Risk and Compliance Specialist to join our team at Smart Communications Group. As an ITGRC Specialist, you will play a critical role in ensuring the effective management of IT risks and compliance across our organization.Key ResponsibilitiesIT Risk Management: Evaluate and monitor compliance to our...
-
Market Risk Measurement Specialist
2 weeks ago
Toronto, Ontario, Canada Scotiabank Full timeAbout the Role:We are seeking a highly skilled Market Risk Measurement Specialist to join our Global Risk Management team at Scotiabank. As a key member of the Counterparty Credit Risk (CCR) Capital analytics team, you will be responsible for delivering reporting, analytics, and insights to the Bank's non-retail business lines.Key Responsibilities:Develop...
-
Capital Market Risk Specialist
2 days ago
Toronto, Ontario, Canada CB Canada Full timeJob Description**About the Role**CB Canada is seeking a highly skilled Capital Market Risk Specialist to join our team. As a key member of our organization, you will be responsible for monitoring and managing risk management and profit and loss exposures for North American fixed income and derivatives markets.Key ResponsibilitiesMonitor and analyze risk...
-
Capital Market Risk Specialist
6 days ago
Toronto, Ontario, Canada CB Canada Full timeJob Description**About the Role**CB Canada is seeking a highly skilled Capital Market Risk Specialist to join our team. As a key member of our organization, you will be responsible for monitoring and managing risk management and profit and loss exposures for North American fixed income and derivatives markets.Key ResponsibilitiesMonitor and analyze risk...
-
Capital Market Risk Specialist
6 days ago
Toronto, Ontario, Canada CB Canada Full timeJob Description**About the Role**CB Canada is seeking a highly skilled Capital Market Risk Specialist to join our team. As a key member of our organization, you will be responsible for monitoring and managing risk management and profit and loss exposures for North American fixed income and derivatives markets.Key ResponsibilitiesMonitor and analyze risk...
-
Capital Market Risk Specialist
2 days ago
Toronto, Ontario, Canada CB Canada Full timeJob Description**About the Role**CB Canada is seeking a highly skilled Capital Market Risk Specialist to join our team. As a key member of our organization, you will be responsible for monitoring and managing risk management and profit and loss exposures for North American fixed income and derivatives markets.Key ResponsibilitiesMonitor and analyze risk...
-
Data Governance Specialist
2 hours ago
Toronto, Ontario, Canada BMO Full timeJob SummaryWe are seeking a highly skilled Data Governance Specialist to join our team at BMO. As a key member of our Data and Analytics Governance team, you will play a critical role in designing and implementing governance objectives to support our Capital Markets business.Key ResponsibilitiesDevelop and implement data governance frameworks to ensure data...
-
Data Governance Specialist
12 minutes ago
Toronto, Ontario, Canada BMO Full timeJob SummaryWe are seeking a highly skilled Data Governance Specialist to join our team at BMO. As a key member of our Data and Analytics Governance team, you will play a critical role in designing and implementing governance objectives to support our Capital Markets business.Key ResponsibilitiesDevelop and implement data governance frameworks to ensure data...
-
Market Risk Analyst
2 weeks ago
Toronto, Ontario, Canada The Toronto-Dominion Bank (Canada) Full timeJob Title: Risk Management SpecialistCompany: The Toronto-Dominion Bank (Canada)Job SummaryWe are seeking a highly skilled Risk Management Specialist to join our team at The Toronto-Dominion Bank (Canada). As a Risk Management Specialist, you will play a critical role in supporting our risk appetite by providing analysis and oversight over metrics...
-
Data Governance Specialist
3 days ago
Old Toronto, Ontario, Canada BMO Financial Group Full timeAbout the RoleWe are seeking a highly skilled Data Governance Specialist to join our team at BMO Financial Group. As a key member of our organization, you will play a critical role in designing and implementing governance objectives in support of our Data and Analytics initiatives.Key ResponsibilitiesDesign and implement governance objectives in support of...
-
Data Governance Specialist
2 days ago
Old Toronto, Ontario, Canada BMO Financial Group Full timeAbout the RoleWe are seeking a highly skilled Data Governance Specialist to join our team at BMO Financial Group. As a key member of our organization, you will play a critical role in designing and implementing governance objectives in support of our Data and Analytics initiatives.Key ResponsibilitiesDesign and implement governance objectives in support of...
-
Toronto, Ontario, Canada Alter Solutions Canada Full timeAbout the RoleWe are seeking a highly skilled Cybersecurity Governance Risk and Compliance Specialist to join our team at Alter Solutions Canada. As a Senior Risk Management and Cybersecurity Consultant, you will play a key role in leading the modernization and alignment of our risk management framework with industry standards and best practices.Key...
-
Toronto, Ontario, Canada Alter Solutions Canada Full timeAbout the RoleWe are seeking a highly skilled Cybersecurity Governance Risk and Compliance Specialist to join our team at Alter Solutions Canada. As a Senior Risk Management and Cybersecurity Consultant, you will play a key role in leading the modernization and alignment of our risk management framework with industry standards and best practices.Key...
-
Marketing Coordinator
1 week ago
Toronto, Ontario, Canada In Tech Risk Management Inc. Full timeAbout the RoleWe are seeking a highly skilled Marketing Coordinator to join our team at In Tech Risk Management Inc. as a key member of our marketing department.Key ResponsibilitiesDevelop and implement marketing strategies to promote our risk management servicesConduct market research and analyze data to inform marketing decisionsDesign and create marketing...
-
Marketing and Risk Management Professional
1 week ago
Toronto, Ontario, Canada In Tech Risk Management Inc. Full timeAbout the RoleWe are seeking a highly skilled Marketing Coordinator to join our team at In Tech Risk Management Inc. as a key member of our marketing department.Key ResponsibilitiesDevelop and implement marketing strategies to promote our risk management servicesConduct market research and analyze data to inform marketing decisionsDesign and create marketing...
-
IT Risk Governance Specialist
4 weeks ago
Toronto, Ontario, Canada Scotiabank Full timeIT Risk Management Consultant Become a vital part of Scotiabank as an IT Risk Management Consultant, where your primary role will be to assess and implement risk mitigation strategies to uphold the integrity and compliance of our technological operations. We pride ourselves on fostering a diverse and inclusive workplace that supports your professional...
-
Risk Governance Specialist
7 days ago
Toronto, Ontario, Canada BMO Full timeJob SummaryWe are seeking a highly skilled and experienced Operational Risk Manager to join our team at BMO. As a key member of our Operational Non-Financial Risk (ONFR) team, you will be responsible for leading one or more of our core programs, including Issues Management, Loss Event Management, ONFR Key Risk Indicators (KRIs), and ONFR Risk Appetite.Key...
