Data Management Risk Specialist
Chicago, IL - USA
Job Summary
Application Deadline:
Address:
320 S Canal StreetJob Family Group:
Audit Risk & Compliance- Lead the development maintenance and continuous improvement of the data management risk governance framework including standards policies procedures lifecycle management controls risk appetite and risk metrics.
- Interpret regulatory developments and emerging industry practices assess impacts on the governance framework and recommend enhancements to controls processes and documentation.
- Provide effective challenge and independent oversight across data management and regulatory analytics by leading self-assessments and compliance reviews assessing portfolio risk exposure and evaluating the effectiveness of governance and controls.
- Identify emerging risks issues and trends across initiatives systems processes and workflows; analyze impacts; and recommend or escalate mitigating actions as appropriate.
- Understanding of ORX.
- Develop and manage governance risk and regulatory reporting including metrics status updates and required review/sign-off for internal and external stakeholders.
- Advise business and corporate partners on implementation of the risk framework providing practical guidance second-line support and effective challenge on risk management expectations.
- Lead stakeholder engagement communications and training activities to improve transparency consistency accountability and adoption of governance requirements.
- Lead or support the design implementation and execution of core governance oversight and regulatory administration processes aligned to applicable policies procedures and standards.
- Maintain tools templates and program artifacts that support risk assessment control management reporting and technology/information risk governance activities.
- Bachelors degree in finance business data or a related data field like cyber or data privacy (advanced MSc degree or certifications such as DCAM CRISC or CISA preferred)
- 3-5 years relevant experience in risk management data governance or regulatory oversight within a financial services or highly regulated environment.
- Strong knowledge of risk management frameworks regulatory expectations (e.g. BCBS 239 data governance principles) and control environments is essential.
- Demonstrated ability to analyze complex data and processes influence stakeholders and communicate effectively across technical and non-technical audiences is required.
- Experience in governance reporting and audit or regulatory engagement.
Salary:
$74000.00 - $138000.00Pay 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 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.
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.
Required Experience:
IC
About Company
We cover the whole balance sheet, from foreign exchange, trade finance and treasury management to corporate lending, securitization, public and private debt and equity underwriting. Our team of experts can also provide a full range of advisory services, along with industry-leading res ... View more