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BMO Financial Group Technology, Business Unit Compliance Officer (BUCO) in Toronto, Ontario

Address:

4100 Gordon Baker Road

Job Family Group:

Technology

  • Provide expert Regulatory Compliance support, guidance, and advice to T&O in support of the Enterprise Compliance Program (ECP) related to Technology.

  • Identify and communicate new and revised regulatory changes via the Enterprise Regulatory Development Framework (ERDF) and participate in execution of activities for implementation of Enterprise Compliance Program (ECP).

  • Contribute to the sound, efficient operation of T&O by improving the understanding and execution of Risk requirements in accordance with the Enterprise Operational Risk Management Framework (ORMF) related to technology.

  • Performance of risk assessments in accordance with ORMF and ECP requirements.

  • Maintain the T&O Process, Risk and Control (PRC) Framework, Tool, and Control Library to provide management a holistic view of the control environment

  • Manage oversight for all enterprise-level new/revised policies to determine T&O impact, including requests for review/feedback and communication of key policy changes

  • Leverage data to perform root cause and predictive analysis, and provide qualitative and quantitative risk and compliance management report

Business Unit Compliance Responsibilities:

  • Act as primary lead in the assigned business unit, liaise with technology groups driving out strategic R&C priorities, participate in discussions with a risk-based mindset

  • Provides management consulting services in support of Technology LOB and Enterprise needs

  • Build and nurture strong client relationships with business leaders, representatives, and other business partners

  • Ensure global, regional and local Technology Risk initiatives are aimed at improving information protection, resiliency and controls of technology processes and services

  • Ensure regulatory gaps are communicated to key stakeholders; Advise leaderships on risk-based decisions supporting the completion of risk mitigation and remediation

  • Manages complexity risk and compliance initiatives across technology, and interaction models.

  • Develops and champions best practices within area of expertise, supports Communication and Change Management activities across multiple stakeholders

  • Identifies opportunities to strengthen the capability at BMO. Analyzes trends to proactively maintain strong controls

  • Stays abreast of industry technical and business trends through benchmarking and/or participation in professional associations

Core Knowledge:

  • At least 10+ years of Technology or Financial industry work experience with a graduate or post-graduate degree in computer science, engineering, information systems, math or business management

  • At least 5 years of experience in risk and compliance domain with an ability to analyze and evaluate the observations based on compliance, operations, risk model and performance.

  • Ability to review all written materials for compliance with state, federal, and contractual regulations and draft all policy language and is desired

  • Good data analytics and presentation skills, including advance level fluency in using Excel, Word and PowerPoint and other data analytics dashboard tools.

  • Ability to communicate complex or detailed technical topics to a non-technical business audience, clearly conveying risk assessments, actions needed, and cost implications.

  • CRISC, CGEIT, CISA, CISM, PMP and/or Cloud compliance certification an asset

  • Good data analytics and reporting skills including advance excel and power point skills and skills to use desktop analytics tools.

  • Knowledge of software development practice, concepts/methodologies and technology obtained through formal training and/or work experience

  • Knowledge of data governance frameworks and how these are implemented in complex and large organizations.

  • Well versed in the technology issues affecting financial service organizations and cloud-based application service providers

  • Understands the basic tenants of enterprise risk management process (Identify, assess, prioritize, treat and monitor)

We’re here to help

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. We’ll 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, we’ll help you gain valuable experience, and broaden your skillset.

To find out more visit us at https://jobs.bmo.com/ca/en.

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s 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.

BMO Financial GroupServing customers for 200 years and counting, BMO is a highly diversified financial services provider – the 8th largest bank, by assets, in North America. With total assets of $728 billion as of October 31, 2018, and a team of diverse and highly engaged employees, BMO provides a broad range of personal and commercial banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, BMO Wealth Management and BMO Capital Markets.We serve Canadian clients through BMO Bank of Montreal®, our personal and commercial banking business, BMO Nesbitt Burns®*, one of Canada's leading wealth management firms, and BMO Capital Markets™, our North American investment and corporate banking division.In the United States, clients are served through BMO Harris Bank, a major U.S. Midwest personal and commercial bank, and BMO Private Bank, with wealth management offices across the United States, as well as BMO Capital Markets™, our North American investment and corporate banking division.We help our customers make money make sense by delivering the broadest range of financial services through a single point of contact. Our financial service professionals provide access to any services our customers require across the entire enterprise.

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