Third Party Risk Manager

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In-depth knowledge of Global Third-Party Risk Management processes lifecycle and third-party risk to support effective and proactive compliance with regulatory obligations in alignment with the Banks Risk Management Framework and approved Risk Appetite.

Management of risk stakeholder program execution and interaction with Third Party Risk Specialists/Supplier Managers to manage and pursue completion of past due programs with escalation as applicable.

Responsible for providing training and education to the Global Third-Party Risk Management team consisting of changes in the risk tool team procedures and regulatory changes as applicable.

Develop and maintain documentation for the Global Third-Party Risk Management Team including but not limited to operating environment changes or regulations including obtaining approvals

Assist with audit and exam preparation and follow-up

Investigation of second line of defense effective challenge inquiries

Manages/supports large/complex risk programs/frameworks /projects/initiatives to ensure risks are appropriately mitigated and regulations adhered to

Supports the execution of strategic initiatives in collaboration with internal stakeholders.

Build awareness knowledge and skills and as necessary provides communication practical tools and ongoing support including creating presentations to promote a culture of risk identification and management

Contributes to a strong risk culture through collaboration with 1LOD and engagement with Second Line of Defense (2LOD) Corporate Audit (3LOD) to ensure risks related to products services and processes are identified assessed measured and managed within the approved risk appetite and reported on an ongoing basis.

Qualifications:

Between 5 - 7 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.

In-depth knowledge of Third-Party Risk Management practices and methodologies

Experience with segmenting analyzing and reporting risk related data.

Strong analytical skills to gather relevant information compare and identify trends develop conclusions with well-supported recommendations.

Experience with compiling and validating materials for updates at senior level forums and/or committees

Familiar with financial products and services

Strong communication skills both verbal and written.

Ability to build and foster stakeholder relationships.

Excellent analytical and problem-solving skills with an eye for detail.

Strong proficiency with PowerBI PowerPoint Excel and SharePoint.

Ability to multitask and work independently

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.