VP, CM Governance Specialist (Toronto)

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BMO Capital Markets is a leading full-service financial services provider. We offer corporate and investment banking treasury management as well as research and advisory services to clients around the world. #bmocapitalmarkets

Job Summary: The VP - CM Governance Specialist role is responsible for ensuring that the organization operates with transparency integrity and in compliance with legal regulatory and internal policies and standards. This role provides strategic guidance and collaborates across various bank stakeholders on the development of efficient governance structures inclusive of risk management frameworks. The CM Governance Specialist role will operationalize and sustain the frameworks to monitor performance and risk while maintaining a clear accountability structure across bank stakeholders.

Key Responsibilities:

Governance Structure and Policy Oversight:

• Develop and maintain assigned governance frameworks for Capital Markets and Capital Markets material legal entities
• Provide input into applicable policies and procedures to support effective decision-making and organizational accountability.
• Ensure strong stakeholder engagement.
• Ensure that governance structures are regularly reviewed and updated to reflect changes in laws regulations internal processes and industry standards.
• Recommend best practices and identify efficiency opportunities related to governance and management operations.

Risk Management:

• Develop risk governance frameworks to support accountable leaders in alignment with the enterprise risk management framework requirements to oversee the identification assessment monitoring and reporting of all forms of risk (financial non-financial and transverse) across the organization.
• Monitor compliance with internal risk management policies standards and directives
• Ensure proper escalation when necessary by leveraging enterprise tools for monitoring and reporting of key risk metrics and key risk indicators (KRMs and KRIs)

Compliance and Regulatory Oversight:

• Coordinate with legal finance and other departments to monitor compliance risks and ensure timely reporting of issues to leadership and stakeholders.
• Manage external and internal CM governance audits.

Executive Support:

• Assist CM accountable executives in fulfilling their oversight responsibilities through the design of comprehensive governance and risk governance frameworks
• Prepare presentations to higher level committees or boards when applicable ensuring clear and accurate communication and escalation of governance risk and compliance issues

Performance Monitoring and Accountability:

• Monitor the performance of key initiatives
• Ensure that clear actions plans are developed to manage risks and issues

Stakeholder Engagement:

• Support communication efforts to ensure that stakeholders are informed of governance risk and compliance efforts.
• Support communication efforts to ensure that stakeholders are informed of regulatory and audit expectations
• Support audit and regulatory requests

Training and Awareness:

• Develop and implement awareness programs for employees and leadership on governance and risk governance processes
• Promote a culture of ethical conduct and compliance within the organization.

Change Management:

• Assess the impact of new initiatives and regulatory changes on the frameworks and adjust the framework as needed

Qualifications:

• Proven experience in governance risk management compliance business management operations or a related field.
• Strong understanding of governance principles and industry standards.
• Excellent analytical communication and interpersonal skills.
• Ability to think strategically while managing operational details.
• High level of integrity professionalism and ethical standards.

Work Environment:

• This position typically operates in an office environment with occasional travel to support governance and oversight activities.

This role located in Toronto will be a salary range of $75000.00 - $130000.00 CAD

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 part-time roles will be pro-rated 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 performance-based 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 in-depth training and coaching to manager support and network-building opportunities well help you gain valuable experience and broaden your skillset.

To find out more visit us at is committed to an inclusive equitable and accessible workplace. By learning from each others differences we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation please contact your recruiter.

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.