VP, Risk Portfolio Control

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BMO Capital Markets is a leading full-service financial services provider. We offer corporate and investment banking treasury management as well as research and advisory services to clients around the world. #bmocapitalmarkets

VP Risk Portfolio Control sits within Capital Markets and is responsible for the production analysis and communication of risk metrics dashboards and management reporting. The role supports business management in monitoring adherence to the Risk Appetite Statement identifying emerging risks and driving timely management actions.

This role acts as a key interface between the business 2nd Line Risk and governance forums ensuring risk information is accurate timely decisionuseful and aligned to regulatory and internal expectations.

Key Responsibilities

Risk Reporting & Metrics

• Develop maintain and articulate the Capital Markets risk profile
• Synthesize inputs across risk appetite metrics KRIs incidents issues control assessments and emerging risks into a coherent risk view
• Ensure the risk profile reflects both currentstate exposure and forwardlooking risks
• Perform trend analysis and provide clear narrative and insights not just data
• Monitor and report on risk appetite metrics KRIs and earlywarning indicators
• Ensure consistency of metrics with approved risk appetite statements and limits

Narrative & Management Insight

• Develop clear executivelevel narrative explaining:
  • Why risks exist
  • What is driving changes
  • What management is doing about them

• Translate complex data into decisionuseful insights for senior management and committees

Governance & Escalation

• Prepare risk profile materials for management committees and governance forums

• Support senior management in articulating the 1LoD view of risk during committee discussions
• Respond to challenge from 2nd Line Risk by providing evidencebased rationale
• Support risk escalation processes including identification of breaches and emerging risks
• Prepare materials for management committees (e.g. RMC business management forums)
• Track issues action plans and remediation progress tied to reported risks
• Ensure escalation thresholds and timelines are adhered to

Stakeholder Management

• Partner with business leaders to understand risk drivers and data inputs
• Coordinate with 2nd Line Risk and Compliance to ensure alignment and effective challenge
• Respond to adhoc requests from senior management related to risk reporting

Data Quality & Controls

• Maintain strong data governance and control discipline over risk reporting inputs
• Identify and remediate data quality issues
• Support audits reviews and regulatory inquiries related to risk reporting

Emerging Risk & Change Management

• Identify and assess emerging risks including impacts from:
  • Business changes
  • New products or initiatives
  • Regulatory developments
• Ensure emerging risks are appropriately reflected in reporting and escalation

Continuous Improvement

• Enhance dashboards and reporting to improve clarity usability and forwardlooking insight
• Contribute to the evolution of risk metrics thresholds and reporting standards
• Leverage automation and visualization tools where appropriate

Qualifications & Experience

• Undergraduate degree in Business Administration Risk Management Economics Finance and/or relevant background.
• Minimum 5 years of experience in banking or financial services including exposure to 1st line internal control in-business risk management governance and/or 2nd line risk subject matter roles
• Expertise in one or more risk and control areas including but not limited to:
  • Non-Financial Risk
  • Market Risk
  • Credit Risk
• Demonstrated understanding of Capital Markets Front Office products services and end-to-end business processes
• Excellent communication collaboration and relationship management skills across technical and non-technical stakeholders
• Knowledge of risk management audit compliance and governance practices.
• Knowledge of business and regulatory environment and related risk trends.
• Strong planning prioritization and organizational skills.
• Analytical and problemsolving skills

The salary range for this role is $100000 to $125000 CAD (subject to the candidate meeting the specific skills experience education and qualification requirements)

The above represents BMO Financial Groups pay range and type.

Salaries will vary based on factors such as location skills experience education and qualifications for the role and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles the salary listed above represents BMO Financial Groups expected target for the first year in this position.

BMO Financial Groups 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 also offers health insurance tuition reimbursement accident and life insurance and retirement savings plans. To view more details of our benefits please visit: Us

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting positive change for our customers our communities and our people. By working together innovating and pushing boundaries we transform lives and businesses and power economic growth around the world.

As a member of the BMO team you are valued respected and heard and you have more ways to grow and make an impact. We strive to help you make an impact from day one for yourself and our customers. Well support you with the tools and resources you need to reach new milestones as you help our customers reach theirs. From in-depth training and coaching to manager support and network-building opportunities well help you gain valuable experience and broaden your skillset.

To find out more visit us at is committed to an inclusive equitable and accessible workplace. By learning from each others differences we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation please contact your recruiter.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO directly or indirectly will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid written and fully executed agency agreement contract for service to submit resumes.