Senior Compliance Manager-Strategy and Operations

Application Deadline :

07 / 04 / 2024

Address : 100 King Street West

100 King Street West

Job Family Group :

Audit, Risk & Compliance

Requirements : Seeking an experienced compliance professional with financial services background and experience in quarterly reporting, auditor and regulatory reviews, board and committee reporting / coordinating and people management.

US and Canadian regulatory experience a plus

We are seeking an experienced people manager who will work with the Chief Compliance Officer and Compliance leadership team, who will coordinate and performs reporting of risk assessment.

You will be the primary contact for the Compliance department for audits and regulatory exams, with ownership of deliverables and the supporting artifacts.

You will maintain positive relationships with regulators, including OCC, FRB, CFPB, FDIC, State of Illinois and OFSI(Canada).

Strengthened partnership with BMO Audit team through effective communication and engagement. You will oversee program governance, including coordination and development of Board and committee reports along with corresponding supplemental materials.

This person will manages budgeting and invoicing processes across the Compliance department, ensuring accurate expense record keeping.

You will manage a team spanning both sides of the North America boarder , working in both hybrid and virtual environments.

• This is a hybrid role requiring at least to days in the office.
• Manages the reporting and strategy teams to collaborate on projects and initiatives
• Manages the leadership meetings and steering committee materials and updates of key compliance initiatives
• Makes recommendations to senior leaders on strategy and new initiatives, based on an in-depth understanding of the business / group.
• Perform monthly / quarterly / ad-hoc reporting for the Enterprise and US for Compliance data and metrics
• Manage audit and regulator reviews for the Enterprise and US
• Acts as a subject matter expert on relevant regulations and policies.
• Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.
• Builds effective professional relationships with business group, internal / external stakeholders and trust with regulators.
• Develops and maintains a high level of expertise in all regulations, directives and guidance which apply to the group(s) supported.
• Provides input to business / group on emerging risks, regulatory developments and interpretation of regulations.
• Analyzes and reports compliance information to Compliance and business / group management.
• Represents the business / group Compliance team and interacts with examiners / auditors during internal, external and regulatory audits and examinations.
• Anticipates / identifies and analyses risk and consequences of unaddressed risk factors / compliance gaps, and recommends appropriate controls.
• Builds effective professional relationships with business / groups.
• Operates at a group / enterprise-wide level and serves as a specialist resource to senior leaders and stakeholders.
• Broader work or accountabilities may be assigned as needed.

People Manager Skills :

• Fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behavior in all that they do.
• Ensures alignment between values and behavior that fosters diversity and inclusion.
• Regularly connects work to BMO's purpose, sets inspirational goals, defines clear expected outcomes, and ensures clear accountability for follow through.
• Builds interdependent teams that collaborate across functional and operating groups to create the highest value for all stakeholders.
• Attracts, retains, and enables the career development of top talent.
• Improves team performance, recognizes and rewards performance, coaches employees, supports their development, and manages poor performance.

Qualifications :

• Seasoned people manager with a combination of education, 8+ years of experience and industry knowledge.
• Consulting from Big 4 background viewed favorably
• Serves as a specialist resource to senior leaders and stakeholders with advanced knowledge of regulatory / compliance requirements and the operations of a single or multiple business / groups.
• Strong communication, critical thinking, relationship management and project management skills.
• Influence skills - In-depth / Expert.
• Collaboration & team skills; with a focus on cross-group collaboration - In-depth / Expert.
• Data driven decision making - In-depth / Expert.

Salary :

$92,400.00 - $171,600.00

Pay Type : Salaried

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 : : / / 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 : / / 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.

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.