drjobs Manager Risk Finance Data Governance - Regulatory Reporting

Manager Risk Finance Data Governance - Regulatory Reporting

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1 Vacancy
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Job Location drjobs

USA

Monthly Salary drjobs

$ 79800 - 148000

Vacancy

1 Vacancy

Job Description

Application Deadline:

04/24/2025

Address:

VIRTUAL(U)21 HomeRes MA

Job Family Group:

Data Analytics & Reporting

Creates and implements an integrated roadmap for all aspects of data governance. Develops maintains and monitors data governance policies and procedures. Deploys technologies ensures compliance with standards and provides updates on policy changes. Ensures that data is secure private accurate available and usable. Provides interpretation of enterprise data governance guidelines. Ensures data strategy and management practices are aligned in support of business objectives. Creates a culture where data is managed as a valuable corporate asset adheres to the regulations around data compliance and reduces overall risk.

The candidate will be working on Risk and Finance Data Management with our Risk and Finance reporting areas to build governance around the data used in Regulatory Reports Board Reports and other key Risk/Finance reports

  • Determine the Critical Data Elements
  • Capture the Metadata (capture the data definitions data security sourcing consumption details rationalize the CDE names and maintain data catalog)
  • Build Data Quality Controls asses the controls on CDEs build new DQ rules and controls)
  • Document Data Lineage work with technology in documenting the lineage of all CDEs work with Risk and Finance reporting areas to document lineage for manual processes)
  • Manage Data Issues (Work with Risk and Finance reporting areas and Technology to capture impact of the issues investigate and determine root cause of the issues work with LOB data owners to create remediation plan of data issues)
  • Audit & Reporting (Work on Audit/ Data Risk related items and provide reports on data management work across Risk and Finance)
  • Drives data governance by actively promoting improved data governance practices enforcing policy and following data governance best practices.
  • Harmonizes data in the systems through a collaborative process with members from various business units.
  • Establishes maintains periodically reviews and recommends changes to data governance policies standards guidelines and procedures.
  • Conducts audits to ensure that policies procedures and metrics are in place for maintaining/improving the program.
  • Aligns the Data Governance policy with the overall goals of the business strategy.
  • Drives change in the organization to maximize the value of its data and plans for how the company will make those changes.
  • Fosters a culture aligned to BMO purpose values and strategy and role models BMO values and behaviours in all that they do.
  • Ensures alignment between values and behaviour that fosters diversity and inclusion.
  • Regularly connects work to BMOs purpose sets inspirational goals defines clear expected outcomes and ensures clear accountability for follow through.
  • Builds interdependent teams that collaborate across functional and operating groups to create the highest value for all stakeholders.
  • Attracts retains and enables the career development of top talent.
  • Improves team performance recognizes and rewards performance coaches employees supports their development and manages poor performance.
  • Focus is primarily on business/group within BMO; may have broader enterprisewide focus.
  • Must have experience with critical data elements.
  • Documentation of meta data definitions.
  • Document data lineage.
  • Quality and monitoring of controls.
  • Investigate data quality issues and remediate.
  • Expertise with data tools management such as Informatica and other data catalogue tools.
  • Provides specialized consulting analytical and technical support.
  • Exercises judgment to identify diagnose and solve problems within given rules.
  • Works independently and regularly handles nonroutine situations.
  • Broader work or accountabilities may be assigned as needed.

Qualifications:

  • Typically between 5 7 years of relevant experience and postsecondary degree in related field of study or an equivalent combination of education and experience.
  • Deep knowledge and technical proficiency gained through extensive education and business experience.
  • Risk and Finance data and processes (Nice to Have understanding of Risk and Finance concepts like RWA Liquidity Capital Treasury Stress Testing Modeling Credit Risk Counterparty Credit Risk Market Risk Ops Risk Reg Reports etc
  • Data management & data governance processes & tools
  • Change management & Reporting
  • Audit and Controls
  • Regulatory reporting (RDARR CAR BCBS239 FDIC370 FR2052A etc.
  • Process Management and improvement

Foundational level of proficiency:

  • Information and data strategy.
  • Managing change.

Intermediate level of proficiency:

  • Privacy governance technology enablement.
  • Data privacy.
  • Enterprise data management.
  • Ontology design.
  • Master data management.
  • Verbal & written communication skills.
  • Collaboration & team skills.
  • Analytical and problem solving skills.
  • Influence skills.
  • Data driven decision making.

Advanced level of proficiency:

  • Data governance.
  • IT standards and governance.
  • Data integrity.
  • Data quality.
  • Metadata management.

Salary:

$79800.00 $148000.00

Pay Type:

Salaried

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 parttime roles will be prorated 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 performancebased 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 indepth training and coaching to manager support and networkbuilding opportunities well help you gain valuable experience and broaden your skillset.

To find out more visit us at is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race religion color national origin sex (including pregnancy childbirth or related medical conditions) sexual orientation gender identity gender expression transgender status sexual stereotypes age status as a protected veteran status as an individual with a disability or any other legally protected characteristics. We also consider applicants with criminal histories consistent with applicable federal state and local law.

BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process please send an email to and let us know the nature of your request and your contact information.

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.


Required Experience:

Manager

Employment Type

Remote

Company Industry

Key Skills

  • Economics
  • Access Control System
  • B2C
  • Drafting
  • Informatica
  • Events & Exhibitions

About Company

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