Job Description

Contributes to a strong risk management culture through collaboration with other Governance team members, EFM stakeholders, and with 1B, second & third line functions to ensure Compliance, AML or operational risks are identified, mitigated, monitored and reported on an ongoing basis.

• May act as the designated expert on compliance and/or Anti-Money Laundering requirements for the team. Knowledge of AML guidance, SAR filing processes and knowledge of policies within the bank a definite asset

• Supports Management by providing expert guidance of the applicable regulatory and internal risk management requirements. Interprets and provides advice on the application of the requirements for the business/group. Monitors compliance, AML and other legislative developments and continuously updates management. Ability to interpret requirements (existing, new and emerging) and identifying, analyzing, documenting and addressing resultant gaps from an EFM perspective, raises any issues or concerns to senior leaders and other stakeholders. Recommends adjustments to the overall program, policy or processes within the business/group in accordance with the Risk Appetite Statement, Governance and Corporate Policy.

• Acts as a subject matter expert in the evaluation, development and implementation of an internal control system i.e. establishing attestation processes for EFM. Facilitates training to ensure business unit employees fully understand requirements. Develops job-aids or processes, cross trains to ensure sustainability

• Supports the business/group through internal/external audits or regulatory examinations and assists in development of action plans to resolve any identified issues.

• As a key member of the Fraud Governance team, focus is primarily on playing an oversight role on Fraud processes within BMO; but broader, enterprise-wide focus and knowledge of risk management practices is a requirement

• Builds effective relationships with internal/external risk stakeholders, can break down strategic problems, and analyses data and information to provide insights and recommendations.

• Builds awareness, knowledge, and skills and, as necessary, provides communication, practical tools and ongoing support including making presentations and running meetings

• Provides specialized consulting, analytical, reporting and technical support.

• Exercises judgment to identify, diagnose, and solve problems within given rules. Works independently and regularly handles non-routine situations.

• Broader work or accountabilities may be assigned as needed. Qualifications:

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

• Fraud knowledge and experience in Fraud team 5 years plus, experience in a risk function and knowledge of BMO's risk management practices is a requisite

• Verbal & written communication skills, creation of PowerPoint materials - In-depth.

• Analytical and problem solving skills - In-depth.

• Data driven decision making, excel proficiency, power BI - In-depth.

Compensation and Benefits:

$72,500.00 - $134,500.00

Pay Type:

Salaried

The above represents BMO Financial Group’s 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 Group’s expected target for the first year in this position.

BMO Financial Group’s 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: https://jobs.bmo.com/global/en/Total-Rewards

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/us/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. BMO is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law. 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.