drjobs Risk Framework Integration Lead Wealth Management

Risk Framework Integration Lead Wealth Management

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1 Vacancy
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Job Location drjobs

Chicago, IL - USA

Monthly Salary drjobs

$ 100000 - 185500

Vacancy

1 Vacancy

Job Description

Application Deadline:

04/25/2025

Address:

320 S Canal Street

Job Family Group:

Business Management

Supports the Head Cross Business Risk Wealth Management in the effective implementation maintenance and administration of first line of defense 1LOD) programs specific to enhancing our risk management framework. Contributes to a strong risk management culture through collaboration with other first line employees and second & thirdline functions to ensure nonfinancial risks are identified mitigated monitored and reported on an ongoing basis. Responsible for overseeing the ingestion of Enterprise requirements and assess their impact on 1LOD Wealth Management operations. This role focuses on designing and implementing processes that effectively integrate these requirements into our existing framework ensuring operational efficiency and compliance.

  • Develop processes to capture and assess Enterprise Risk Management requirements ensuring alignment with Wealth Management operations.
  • Design and implement effective processes and a framework that facilitates the integration of Enterprise requirements into Wealth Management operations leveraging existing structures
  • Conduct thorough assessments to evaluate the implications of new requirements on current operations and identify any necessary adjustments
  • Work collaboratively to operationalize new processes and ensure they are effectively embedded within the appropriate teams
  • Supports the management of 1st LOD program for the business/group in compliance with appropriate principles standards & direction from Enterprise groups. Includes developing and promoting program and ensuring the of all program components
  • Works with assigned business/group leaders to implement 1st LOD programs and frameworks developing and maintaining an indepth understanding of the applicable regulatory and internal risk management requirements. Interprets and provides advice on the application of the requirements for the business/group
  • Develops and maintains an understanding of the business/group strategies and objectives products and services internal and external stakeholders and business processes as well as the underlying infrastructure to identify and manage implications and risk exposures for the business/group
  • Identifies investigates analyzes documents & mitigates program risks taking into account jurisdictional issues and raises any issues or concerns to senior leaders and other stakeholders
  • Represents the business/group on Governance/Risk Working Groups/Forums and provides regular updates
  • Acts as the prime subject matter expert for internal/external stakeholders
  • Builds effective relationships with internal/external stakeholders
  • Leads change management programs of varying scope and type including readiness assessments planning stakeholder management evaluation and sustainment of initiatives
  • Builds awareness knowledge and skills internally and as necessary provides communication practical tools and ongoing support including making presentations to promote a culture of risk identification and management
  • Recommends adjustments to the overall program policy or processes within the business/group in accordance with the Enterprise standards
  • Facilitate and provide support to the development and delivery of training and awareness programs within the business/group to increase awareness of and compliance to risk management requirements
  • Acts as a subject matter expert on relevant regulations and policies
  • Acts as a strategic partner in which the program elements becomes an integrated component of the overall business/group strategies and helps drive business impact
  • Prepares and briefs senior leaders on risk matters across multiple businesses/groups
  • Gathers and formats data into regular and adhoc reports and dashboards
  • Ensure timely and clear communication across all stakeholders to facilitate collaboration and address any projectrelated concerns
  • Effectively manage project timelines and deliverables to meet established deadlines
  • Efficiently manage SharePoint documents

Qualifications:

  • 7 years of relevant experience and postsecondary degree in related field of study or an equivalent combination of education and experience
  • Expert Program Management skills
  • Seasoned professional with a combination of education experience and industry knowledge
  • Expert/Indepth analytical and problem solving skills
  • Expert/Indepth Influence skills
  • Expert/Indepth collaboration & team skills; with a focus on crossgroup collaboration
  • Able to manage ambiguity
  • Strong verbal and written communication skills with the ability to engage and collaborate with diverse stakeholders
  • Knowledge of Enterprise Risk Management frameworks and experience in integrating Enterprise requirements is highly desirable
  • Strong analytical skills and experience in current state assessments
  • Expert/Indepth data driven decision making skills

Salary:

$100000.00 $185500.00

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.

Employment Type

Full-Time

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