Senior Advisor US Operational Non-Financial Risk Governance

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The Senior Manager of U.S. ONFR Governance is responsible for a designated portfolio with primary responsibility to support the of operational nonfinancial risk governance activities. This role includes management of governance committees that requires proactive coordination of meeting agendas with various stakeholders and senior leaders the preparation of meeting material mailings meeting minutes scribing management of followup trackers and the submission of meeting materials to supervisory agencies. This individual will oversee the timeline of recurring committee activities and monitor the calendar of scheduled topics and meetings to support riskfocused discussions. Key responsibilities of the role include preparing technical procedures for key processes including those pertaining to governance activities and the implementation of process improvements as required. Additionally this individual will develop and maintain internal governance repositories to ensure that business records are readily accessible and will provide research support to address internal and external requests for information.

Provides oversight monitoring and reporting on operational risks for a designated portfolio. Develops and monitors the operational management framework that includes the governance framework & practices leveraged across BMO to manage operational risks. Provides policies & standards methodologies and controls that increase transparency accuracy and consistency across groups. 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.

• 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.
• Interprets new regulations and assesses impacts to the governance framework.
• Develops reports on the status of the governance program or framework components to various internal & external stakeholder audiences.
• Influences and negotiates to achieve business objectives.
• Identifies emerging issues and trends to inform decisionmaking.
• Recommends business priorities advises on resource requirements and develops roadmap for strategic .
• Manages resources and leads the of strategic initiatives to deliver on business and financial goals.
• Measures the effectiveness of risk governance system and framework; recommends changes as required.
• Conducts independent analysis and assessment to resolve strategic issues.
• Leads the development and maintenance of the governance system and framework.
• Acts as the prime subject matter expert for internal/external stakeholders.
• Represents the model validation program / portfolio for internal/external regulatory audits and/or examinations.
• Ensures alignment between stakeholders.
• Designs and produces regular and adhoc reports and dashboards.
• Develops and manages comprehensive information management systems; designs and/or leads initiatives to improve processes analysis and reporting.
• 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.
• Leads the development of the communication strategy focusing on positively influencing or changing behaviour.
• Leads the of operational programs; assesses and adapts as needed to ensure quality of .
• Manages the review and signoff process for relevant regulatory reporting.
• Leads and integrates the monitoring measurement & reporting on the status of the operational risk governance program to internal & external stakeholders.
• Leads the management of governance meetings and maintenance of governing body mandates oversight and approval guidelines.
• May provide specialized support for other internal and external regulatory requirements.
• Provides input into the planning and implementation of ongoing operational programs in support of the operational risk framework.
• Leads/participates in the design implementation and management of core business/group processes.
• Administers and maintains operational risk program activities in adherence to all policies procedures and established processes.
• Identifies potential risk situations/ impacts and make recommendations or escalates to the manager as per guidelines.
• Develops and maintains indepth knowledge of business and related risk management requirements and legislative/ regulatory directives and guidance.
• Builds effective relationships with internal/external stakeholders e.g. business stakeholders and Corporate Support Areas (CSAs) in providing second line of defense operational 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.
• Monitors and tracks performance; addresses any issues.
• Coordinates and monitors the review and signoff of attestations and reporting.
• 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.
• Indepth / expert knowledge operational risk management practices.
• Indepth / expert knowledge of the designated business / product portfolio.
• Indepth / expert knowledge of regulatory requirements.
• Indepth / expert knowledge of quantitative techniques and economic capital methodologies.
• Indepth / expert knowledge & experience with risk policy frameworks; quality control / testing frameworks.
• 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:

Pay Type:

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.

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