Risk Governance Specialist, Wealth Management

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The Risk Governance Specialist is a key member of the Wealth Management (WM) Cross Business Risk (CBR) team responsible for supporting the ongoing integration execution and maintenance of 1LOD risk programs under the Enterprise Risk Management Framework. Reporting to the Risk Framework Integration Lead this role plays a vital part in embedding a strong risk culture within WM by ensuring business processes products and services comply with both internal enterprise and external regulatory requirements. This Risk Governance Specialist is accountable for implementing tactical risk management activities helping to operationalize the Enterprise Risk Management Framework and ensuring effective risk management across the risk management lifecycle.

This candidate will work closely with various business units within Wealth Management risk partners and subject matter experts to facilitate cross-functional collaboration drive continuous improvements in risk processes and support the organizations overall risk management objectives while enabling business growth.

Key Responsibilities:

• Assist in designing and operationalizing processes to embed enterprise risk requirements under the Enterprise Risk Management Framework into 1LOD Wealth Management operations.
• Conduct impact assessments of new regulatory/enterprise mandates on existing processes identifying gaps and adjustment needs.
• Support the operationalization and embedding of new risk governance processes (e.g. Policy Escalation and Governance Committees/Forums Management) within business teams.
• Help maintain 1LOD program components in compliance with enterprise standards.
• Assist in drafting and updatingrisk policies and guidelinesfor Wealth Management.
• Monitor adherence to enterprise risk standards policies and regulatory requirements as it relates to the Enterprise Risk Management Framework
• Support the Lead ininterpreting new regulations/enterprise requirements and assessing impacts on 1LOD processes.
• Collaborate with business units to interpret and apply risk management requirements to daily operations in alignment with the enhanced Enterprise Risk Management Framework.
• Provide data-driven insights to informrisk framework adjustments.
• Support cross-functional working groups to represent Wealth Managements risk governance posture.
• Build effective relationships with internal stakeholders to enable risk-aware decision-making.
• Investigate document and escalate program risks and issues to the Lead.
• Prepare data-driven reports dashboards and briefings on risk governance related items for management and governance forums.
• Maintain accurate records of risk processes decisions and compliance evidence.
• Aid in developing training materials to promote a risk-aware culture and compliance.
• Manage SharePoint repositories for risk documentation and ensure timely updates.
• Support audits/exams by providing required documentation and evidence.
• Track project timelines deliverables and dependencies to meet deadlines.
• Support change management initiatives for new risk processes.
• Maintain up-to-date knowledge of relevant regulatory changes and best practices in risk management

Qualifications:

• Minimum5 years of experienceinrisk management preferably supporting1st Line of Defensefunctions within a regulated financial institution.
• Experience working with or within a bank supervised by the Federal Reserve Board; Category 3 bankis strongly preferred.
• Deep understanding of risk management principles regulatory frameworks and financial services operations
• Advanced proficiency inMicrosoft Suite products; advanced reporting capabilities including executive and senior management dashboards
• Proven ability to analyze complex data and translate findings into actionable insights.
• Strong communication and interpersonal skills with the ability to work across multiple teams and stakeholders.
• Highly organized with excellent attention to detail and the ability to manage multiple priorities.
• Ability to communicate complex risk concepts clearly (written/verbal).
• Agility in managing ambiguous or evolving priorities.
• Experience supporting risk integration or transformation initiatives.
• Ability to work independently and proactively in a fast-paced environment.
• Demonstrated commitment to continuous improvement and operational excellence.

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 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 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 e-mail 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.