Contributes to the business’ accountability for the delivery of regulatory programs across applicable Tier 1 Risk Types. Contributes to the design of governance and control requirements for products, processes, and channels. Supports the design, development, automation, and coordination of evidence based controls across Credit & Counterparty, Non Financial, Liquidity & Funding, Market, Strategic, Reputation, and Environmental & Social Risks.

Supports effective and efficient compliance with regulatory obligations in alignment with the Bank’s Risk Management Framework and approved Risk Appetite. Ensures alignment between values and behaviour that fosters diversity and inclusion. Improves team performance, recognizes and rewards performance, coaches employees, supports their development, and manages poor performance.

Makes recommendations to senior leaders on strategy and new initiatives, based on an in-depth understanding of the business/group. Acts as a subject matter expert on relevant regulations and policies. Acts as a strategic partner in which the program elements becomes an integrated component of the overall business/group strategies and helps drive business impact.

Prepares and briefs senior leaders on regulatory matters across multiple businesses/groups. Supports multiple, similar business units with moderate complexity & business transaction risk. Represents the business/group on Governance/Risk Working Groups/Forums and provides regular updates.

Monitors and advises on management of risk requirements within the defined risk appetite. Manages/supports large/complex risk programs/frameworks /projects/initiatives to ensure risks are appropriately mitigated and regulations adhered to. Supports the position on regulatory compliance issues by interpreting requirements (existing, new and emerging) and identifying, analysing and addressing resultant gaps and issues, including those raised through the review of change initiatives.

Understands the identified risk exposures and supports the development of action plans required to mitigate identified risks. Acts as a subject matter expert in the evaluation, development and implementation of an internal control system. May network with industry contacts to gain competitive insights and best practices.

Conducts independent analysis and assessment to resolve strategic issues. Breaks down strategic problems, and analyses data and information to provide insights and recommendations. Monitors and tracks performance, and addresses any issues. assesses and adapts as needed to ensure quality of execution.

Designs measurable sustainment strategies including assessing and recommending mitigations for industry/ segment-specific risks and prioritizing opportunities presented by internal and external stakeholders. Facilitates training to ensure business unit employees fully understand requirements. Provides quality control for investigations, self-reports,



examinations and independent reviews conducted by internal and external stakeholders, including regulators, providing verbal and written responses to requests for positions, action plans, information and/or documentation Builds awareness, knowledge, and skills and, as necessary, provides communication, practical tools and ongoing support including making presentations, to promote a culture of risk identification and management.

Supports the design, development, coordination of implementation, automation and continuous improvement of 1LOD LOB risk management programs, including supporting the establishment and maintenance of LOB specific policies standards, business processes and controls across all applicable financial and non-financial risks. Works with assigned business/group leaders to interpret, apply and operationalize relevant regulatory frameworks across the LOB/jurisdiction and designs, develops, coordinates and continually improves the LOBs risk management programs and supporting activities to ensure the business operates within the approved risk appetite and optimizes risk return while meeting BMO’s regulatory compliance obligations and consistent with the Bank’s Risk Management Framework Conducts or supports self-assessments to demonstrate control effectiveness and adherence, coordinating 1LOD risk remediation efforts, responding to regulatory requirements, implementing policies, and managing risk measurement and reporting. Develops and maintains an understanding of the business/group strategies and objectives, products and services, internal and external stakeholders and business processes as well as the underlying infrastructure to identify and manage implications and risk exposures for the business/group.

Identifies, investigates, analyzes, documents & mitigates program risks, taking into account jurisdictional issues, and raises any issues or concerns to senior leaders and other stakeholders. 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. Recommends adjustments to the overall program, policy or processes within the business/group in accordance with the Risk Appetite Statement, Governance and Corporate Policy.

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



Provides support to the development and delivery of training and awareness programs within the business/group to increase awareness of and compliance to risk management requirements. Takes measured risks while protecting the bank by applying our Risk Management Framework in the execution of your role, in line with our Risk Culture and within our approved Risk Appetite, making sound and risk informed decisions that align to business strategy, protect assets, and adhere to applicable policy documents (Frameworks, Policies, Standards, Procedures and Supporting documents), laws and regulations.

Operates at a group/enterprise-wide level and serves as a specialist resource to senior leaders and stakeholders. Implements changes in response to shifting trends. Typically 7+ years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.

Expert in leading and managing the design, development, maintenance, and continuous enhancement of the internal control library. Demonstrated audit and control advisory experience. Big Four accounting firm, large national accounting firm, or a large public company is a plus.

Strong experience applying and leveraging the COSO Internal Control Framework in risk and control environments. Proven leadership capabilities with exceptional stakeholder management, influencing, and relationship-building skills across all organizational levels. Strong project management expertise, including successfully leading and coordinating multiple concurrent projects and initiatives.

Designs and prepares risk reports for senior management, identifies operational risks, analyzes trends within the risk portfolio, and drives risk reporting processes to meet established reporting requirements and timelines. Verbal & written communication skills - In-depth / Expert. Data driven decision making - In-depth / Expert.

Salaries for part time roles will be pro-rated based on number of hours regularly worked. 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. performance-based incentives discretionary bonuses health insurance accident and life insurance retirement savings plans It calls on us to create lasting, positive change for our customers, our communities and our people.

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.

Accommodations are available on request for candidates taking part in all aspects of the selection process.

📌 Senior Manager, Procurement Risk Management (Toronto)
🏢 BMO
📍 Toronto