320 S Canal Street Chicago Illinois,60606
Enhance operational efficiency through developing standardized processes that align with best practices, ensuring consistency and scalability; identify and integrate the necessary solutions to support the streamlined processes, including automation tools; lead change management initiatives to ensure smooth transitions to new processes, including training and support for staff; ensure all processes comply with relevant regulations and guidance, and identify potential risks to mitigate them effectively.
- Assess, configure, and maintain business infrastructure systems to ensure they meet Wealth Management's business needs and manage risk appropriately.
- Evaluate existing processes/systems and determine ways to change those processes to better align to support business operations for increased efficiency and meet regulatory requirements.
- Oversee the implementation, integration, and maintenance of the new infrastructure.
- Provide strategic thinking and thought leadership and guidance on how to effectively build an infrastructure that will allow for more effective and efficient testing.
- Support the business/group leader in the effective implementation and maintenance of 1LOD programs.
- Contribute to a strong risk management culture through collaboration across the three-lines of defense functions to ensure risks are identified, mitigated, monitored, and reported on an ongoing basis.
- Work with assigned business/group leaders to implement 1st LOD programs and frameworks, developing and maintaining an in-depth understanding of the applicable regulatory and internal risk management requirements. Interpret and provide advice on the application of the requirements for the business/group.
- Develop and maintain 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.
- Determine adjustments to the overall program, policy, or processes in accordance with the Risk Appetite Statement, Governance and Corporate Policy and implement those adjustments.
Qualifications
- Typically 7+ years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
- Engineering/data science background.
- Fluent in business process analysis.
- Risk/Financial Services background.
- Ability to relate common business needs and operational demand to process improvement.
- Verbal & written communication skills - In-depth / Expert
- Analytical and problem-solving skills - In-depth / Expert.
- Seasoned expert with extensive industry knowledge.
- Technical leader viewed as a thought leader for innovation.
- Data-driven decision making - In-depth
- Collaboration & team skills; with a focus on cross-group collaboration - In-depth / Expert
- Able to manage ambiguity.
Salary:
$100,000.00 - $185,500.00
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 the 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.
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.
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.
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