Manager, Regulatory Capital Governance

100 King Street West Toronto Ontario,M5X 1A1

As Manager, Regulatory Capital Governance, your responsibilities will include:

- Governance and Oversight - provide support in effective governance and oversight of the interpretation of Basel regulatory capital requirements across the bank, including OSFI CAR guidelines, Implementation Notes and related guidance, as well as regulatory requirements of foreign jurisdictions in which the bank operates
- Stakeholder Engagement - coordinate with multiple stakeholder groups across the bank, including BCAR process owners within Credit Risk, Market Risk and Operational Risk reporting teams to provide guidance on regulatory requirements applicable to their respective processes
- Provide support in coordinating the bank's approval process for rule interpretations and regulatory capital treatment
- Innovation - contribute to the development, maintenance and enhancement of a centralized repository for approved regulatory treatments across the bank, along with the associated tools and technology
- Provide research and analysis in support of decision making relating to requirements under current guidelines, and towards enhancement of the governance framework to reflect regulatory developments, changing regulatory expectations and emerging risks in the regulatory environment.

Core Accountabilities
- Supports all aspects of the team's activities related to interpretation requests and inquiries from stakeholders, including coordination of the approval process for interpretation requests.
- Provides research and analysis in support of decision making related to interpretation requests, rule changes and capital treatment of CAR guideline requirements
- Participates in monitoring, measurement & reporting on the status of the governance framework to senior executives
- Develops and maintains a central repository of approved regulatory treatments

Specific Accountabilities

Advisory
- Provides advice and guidance to specific stakeholder groups on the interpretation of regulatory requirements, including effective challenge and resolution of interpretation disagreements between stakeholders.
- Provides specialized consulting, analytical and technical support.
- Exercises judgment to identify, diagnose, and solve problems within given regulatory requirements.

Operational Management
- Coordinates and participates 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.
- Identifies where corrective actions are required and escalates per guidelines; ensures corrective action is taken as necessary.
- Documents the internal control governance system, processes and framework to describe compliance requirements, activities, processes, roles & responsibilities.
- Works independently and regularly handles non-routine situations.
- Assists in the management of governance meetings and maintenance of governing body mandates, oversight and approval guidelines.
- Reviews processes and identifies opportunities for risk mitigation through proposing new controls or revising existing controls.

Relationship Management
- Builds effective relationships with internal/external stakeholders and ensures alignment between stakeholders
- Consults with stakeholders to improve consistency and transparency of rule interpretations and control measurement/metrics and reporting.
- Focus is primarily on stakeholder groups within BMO, with enterprise-wide scope.

Change Management
- Builds change management plans of varying scope and type; leads or participates in a variety of change management activities including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives.
- Assists with the interpretation of new or changing regulations and assessing impacts to the governance frameworks.
- Participates in defining the communication plan designed to positively influence or change behaviour; develops tailored messaging; and identifies appropriate distribution channels.
- Develops and maintains in-depth knowledge of business and related risk management requirements and legislative/regulatory directives and guidance.

Strategic Initiatives
- Develops governance and control-related solutions and makes recommendations which leverage an understanding of the business strategy and stakeholder needs.
- May provide specialized support for other internal and external regulatory requirements, including regulatory requirements pertaining to emerging risks and other regulatory developments.

Data Management
- Coordinates the management of databases; ensures alignment and integration of data in adherence with data governance standards.
- Develops tools, checklists and communications to address gaps, issues and new requirements.
- Monitors and tracks performance; add