Senior Manager - US Enterprise Risk
Senior Manager - US Enterprise Risk
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$ 100000 - 185500
1 Vacancy
Job Description
Application Deadline:
Address:
320 S Canal StreetJob Family Group:
Audit Risk & ComplianceProvides oversight monitoring and reporting on the identification assessment monitoring and control of all categories of risk (Market Operational Credit and Liquidity risks) for a designated portfolio and / or jurisdiction. Develops and maintains the risk management framework that includes the governance framework and practices leveraged across the assigned portfolio to manage all risks taken. Provides policies standards methodologies and controls that increase transparency accuracy and consistency across groups. Executes decision rights within the governance framework and works with stakeholders to implement the methodology metrics and program standards for the assigned portfolio to ensure compliance as well as effective monitoring timely reporting and identification of action plans.
- 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.
- Provides strategic input into business decisions as a trusted advisor.
- Makes recommendations to senior leaders on strategy and new initiatives based on an indepth understanding of the business/group.
- Acts as a subject matter expert on relevant regulations and policies.
- May network with industry contacts to gain competitive insights and best practices.
- Recommends business priorities advises on resource requirements and develops roadmap for strategic .
- Leads the of initiatives/programs; assesses and adapts as needed to ensure quality of .
- Acts as the prime subject matter expert for internal/external stakeholders.
- Defines business requirements for analytics & reporting to ensure data insights inform business decision making.
- Leads change management programs of varying scope and type including readiness assessments planning stakeholder management evaluation and sustainment of initiatives.
- Directs the planning & implementation of operational programs for an assigned risk portfolio / strategy and executes within required service level agreements and standards.
- Leads and integrates the monitoring measurement & reporting on the status of the risk governance program to internal & external stakeholders.
- Leads the management of governance meetings and maintenance of governing body mandates oversight and approval guidelines
- Administers and maintains risk program activities in adherence to all policies procedures and established processes for risks taken within the Risk Appetite of the Bank.
- Identifies potential risk situations/ impacts and make recommendations or escalates as per decision rights frameworks and guidelines.
- Assists with the interpretation of new or changing regulations and assessing impacts to the risk programs and governance frameworks; recommends and implements solutions based on analysis of issues and implications for the business.
- Develops and maintains indepth knowledge of business and related risk management requirements and legislative/ regulatory directives and guidance.
- Researches existing or emerging requirements & related best practices to assist and develops recommendations for changes/enhancements.
- Initiates and facilitates productive forums where stakeholders can discuss debate and decide on key risk concerns.
- Builds effective relationships with internal/external stakeholders e.g. business stakeholders and Corporate Support Areas (CSAs) in providing second line of defense information and risk management support.
- Analyzes data and information to provide insights and recommendations; includes identification of risk impacts for new processes and workflows related to initiatives.
- Maintains tools and templates for risk programs and standards as required (e.g. Risk Control Self Assessment (RCSA) SarbanesOxley (SOX); business continuity planning standards and policies etc.
- Monitors and tracks performance; addresses any issues.
- Operates at a group/enterprisewide 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 nonroutine.
- Implements changes in response to shifting trends.
- Broader work or accountabilities may be assigned as needed.
Qualifications:
- Typically 7 years of relevant experience and postsecondary degree in related field of study or an equivalent combination of education and experience.
- In depth / Expert knowledge of risk management audit compliance governance practices.
- Indepth / Expert knowledge of business and regulatory environment and understanding of risk issues / trends and best practices.
- Knowledge of banking products including credit and noncredit experience economics and financial markets.
- Indepth / Expert communication and relationship management skills.
- Ability to manage multiple priorities with effective planning and organizing skills.
- Seasoned professional with a combination of education experience and industry knowledge.
- Verbal & written communication skills Indepth / Expert.
- Analytical and problem solving skills Indepth / Expert.
- Influence skills Indepth / Expert.
- Collaboration & team skills; with a focus on crossgroup collaboration Indepth / Expert.
- Able to manage ambiguity.
- Data driven decision making Indepth / Expert.
Salary:
$100000.00 $185500.00Pay Type:
SalariedThe 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.
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:
Senior Manager
Employment Type
Full-Time
