Control Testing Specialist, Wealth

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Deliver on components of the 1LOD testing plans for Wealth LOBs in accordance with the Enterprise Compliance Program and Operational NonFinancial Risk Framework

Execute the 1LOD testing program for the Wealth LOBs and documenting results outcomes as required.
Understand Enterprise Compliance Program and Operational NonFinancial Risk methodology.
Design and implement specific monitoring and testing procedures for each applicable area of review which may include development of new monitoring and testing scripts.
Understand Wealth business processes across multiple entities across North America
Understand controls that support regulatory compliance and manage other sources of ONFR.
Access and update the enterprise compliance book of record GRCE
Communicate M&T identified issues to the businesses 1LOD Compliance Advisory 2LOD Compliance 2LOD Risk.
Raise compliance and control related awareness with the businesses and provide appropriate advice and guidance to mitigate exposures and risk. For issues identified provide root cause analysis and recommendations to management.
Identify opportunities to improve the effectiveness of testing
Act as a liaison and compliance support to various internal business partners across the Wealth Management businesses.
Prepare reports and related test results dashboard for various stakeholders including management.

Qualifications:

7 years experience in a compliance control testing or audit role ideally in a dealer and/or portfolio management environment.
Knowledge and understanding of IIROC rules and regulations applicable to dealer representatives and OSC rules applicable to portfolio managers and investment fund managers.
Excellent data analysis skills organizational analytical and communication skills.
Exhibit strong planning skills
Successful completion of the Canadian Securities Course is preferred.
Working knowledge of information technology tools required including: MS Excel MS Word and portfolio management or investment industry software.
Ability to demonstrate effective use of judgment interpretation knowledge and skill in the application of regulations and compliance requirements.
Ability to independently deliver on complex assignments with competing deadlines
Excellent interpersonal skills and strong written and verbal business communication skills.
Familiarity with Wealth regulatory requirements (e.g. OSC IIROC SEC OCC etc.)
Familiarity with Investment Funds (key regulations include NIetc.)
Experience in the planning and execution of testing (e.g. Audit OSFI E13 etc.)
Understanding of risk and controls

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.

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