Provides oversight, monitoring and reporting on operational risks for a designated portfolio. Develops and monitors the operational management framework that includes the governance framework & practices leveraged across BMO to manage operational risks. Provides policies & standards, methodologies and controls that increase transparency, accuracy and consistency across groups. Works with stakeholders to implement the methodology, metrics and program standards for the assigned portfolio to ensure compliance as well as effective monitoring, timely reporting and identification of action plans. Responsibilities Act as a trusted advisor to assigned business/group. Guide/assist in the identification and classification of issues; recommend action plans. Influence and negotiate to achieve business objectives. Recommend and implement solutions based on analysis of issues and implications for the business. Assist in the development of strategic plans. Identify emerging issues and trends to inform decision‑making. Research existing or emerging requirements & related best practices to assist in developing recommendations for changes/enhancements. Assist with the interpretation of current or changing regulations and assess impacts to the governance frameworks. Help determine business priorities and best sequence for execution of business/group strategy. Conduct independent analysis and assessment to resolve strategic issues. Lead the development and maintenance of the governance system and framework. Support development and execution of strategic initiatives in collaboration with internal and external stakeholders. Represent the model validation program / portfolio for internal/external regulatory audits and/or examinations. Ensure alignment between stakeholders. Coordinate the management of databases; ensure alignment and integration of data in adherence with data governance standards.



Build change management plans of varying scope and type; lead or participate in a variety of change management activities including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives. Lead or participate in defining the communication plan designed to positively influence or change behaviour; develop tailored messaging; and identify appropriate distribution channels. Lead and integrate the monitoring, measurement & reporting on the status of the operational risk governance program to internal & external stakeholders. Lead the management of governance meetings and maintenance of governing body mandates, oversight and approval guidelines. May provide specialized support for other internal and external regulatory requirements. Provide input into the planning and implementation of ongoing operational programs in support of the operational risk framework. Lead/participate in the design, implementation and management of core business/group processes. Administer and maintain operational risk program activities in adherence to all policies, procedures and established processes. Identify potential risk situations/impacts, and make recommendations or escalates to the manager, as per guidelines. Develop and maintain in‑depth knowledge of business and related risk management requirements and legislative/ regulatory directives and guidance. Build effective relationships with internal/external stakeholders (e.G., business stakeholders and Corporate Support Areas)



in providing ‘second line of defense’ operational risk management support. Analyze data and information to provide insights and recommendations; include identification of risk impacts for new processes and workflows related to initiatives. Monitor and track performance; address any issues. Coordinate and monitor the review and sign‑off of attestations and reporting. Maintain tools and templates for operational risk programs (e.G., Risk Control Self‑Assessment, Sarbanes‑Oxley, or regulatory compliance), as required. Focus is primarily on business/group within BMO; may have broader,enterprise‑wide focus. Provide specialized consulting, analytical and technical support. Exercise judgment to identify, diagnose, and solve problems within given rules. Work independently and regularly handle non‑routine situations. Broader work or accountabilities may be assigned as needed. Qualifications Typically 5–7 years of relevant experience and a post‑secondary degree in a related field or an equivalent combination of education and experience. In‑depth knowledge of operational risk management practices. In‑depth knowledge of the designated business/product portfolio. In‑depth knowledge of regulatory requirements. In‑depth knowledge of quantitative techniques and economic capital methodologies. In‑depth knowledge & experience with risk policy frameworks; quality control /testing frameworks. Deep knowledge and technical proficiency gained through extensive education and business experience. Verbal & written communication skills – in‑depth. Collaboration & team skills – in‑depth. Analytical and problem‑solving skills – in‑depth. Influence skills – in‑depth. Data‑driven decision‑making – in‑depth. Compensation Salary: $75,900.00 – $141,900.00 (Salaried) #J-18808-Ljbffr

📌 Physical Security Risk Advisor - $75,900 - $141,900 A Year (Toronto)
🏢 BMO
📍 Toronto