Manager, Risk Strategy, Initiatives & Reporting

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Job Family Group:

Open to remote work arrangements.

Independent contributor, supporting in the teams within the broader North American P&BB Risk Management Group in the effective implementation, maintenance and administration of the first line of defense (1st LOD) programs (e.g., Operational Risk, AML, Compliance, Regulatory, etc.), through the use of data and technology. Contributes to a strong risk management culture through collaboration with other first line employees, and second & third line functions to ensure Risks are identified, mitigated, monitored and reported on an ongoing basis. The Manager is responsible for development of metrics and reporting processes to provide a clear view of the US P&BB business-specific risks with the goal of improving the risk issues that violate compliance with the Bank’s risk requirements.

• Manage data/technology/process improvement initiatives end-to-end through the intake, analysis, build and release delivery cycle.
• Work with stakeholders to understand business requirements to deliver accurate data through business reports, actionable insights, and recommendations to drive decisions.
• Gather data from various sources to proactively monitor potential risks, assist in data request, or help mitigate open risk issues.
• Builds change management plans of varying scope and type; leads or participates in a variety of change management activities including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives.
• Develop dashboards to deliver data insights or trends to end user in a standardized, repeatable and efficient process
• Be able to use data/technology knowledge to identify potential solutions to mitigate risk and use data to tell a story with fact-based information to help drive decisions
• Uses SQL and other tools/technics for data research, preprocessing from various back-end systems and centralized data platforms.
• Uses Power BI, Apps and Automate to deliver data and/or processes in an automated, consistent and end-user friendly way.  
• Develops and maintains knowledge of various risk stripes applicable to the Bank’s Lines of Business – Operational, Compliance, AML Risks, among others
• Develop and maintains knowledge of Bank product offerings, operations and markets to facilitate compliance with risk requirements
• Develop and maintains knowledge of technology, emerging technology, data tools and techniques that can be used to meet risk requirements.  
• May support multiple, varied business units with large/complex risk programs/frameworks /projects/initiatives to ensure risks are appropriately mitigated and regulations adhered to
• Builds effective relationships with internal/external stakeholders.
• Breaks down strategic problems, and analyses data and information to provide insights and recommendations.
• Develops, documents and maintains business/group procedures updating and obtaining approvals as necessary
• Supports broader team by executing quality assurance reviews prior to delivering data, reports, processes to stakeholders.
• Through periodic reviews, assess, analysis data/reports/process with stakeholders to ensure deliverables are meeting requirements of stakeholders.
• May support the business/group through internal/external audits or regulatory examinations and assists in development of action plans to resolve any identified issues.
• Works independently and regularly handles non-routine situations.

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.
• Experience working for a large organization with a complex data structure / environment
• Data visualization and analysis experience using Power BI or other tools
• Experience with SQL, Python, Power Automate, Power App, MS Office tool- Excel, Access DB, Power point, SharePoint, and other tools and frameworks
• Knowledge of Extract, Transfer Load (ETL), data preprocessing, manipulation and visualization & reporting techniques
• Program / Project management skills – in-depth
• 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
• Problem solving – in-depth

Salary:

Pay Type:

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 http://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.