Manager, Governance Advisory & Oversight

BMO is currently sourcing for a  Manager - Governance Advisory & Oversight position on a 12 months contract.

Here are some of the key requirements and responsibilities included in this role:

RESPONSIBILITIES INCLUDE (but are not limited to):

• Act as liaison for Engineering & Platforms by facilitating process, reviewing packages, providing recommendations, obtaining pre-approvals, concurrences and VP approvals.
• Help ensure processes are in place to identify risks and/or gaps that need to be mitigated.
• Identify gaps in policies and procedures and participate in the formulation of new policies and procedures to meet changes to industry rules and regulations.
• Support remediation oversight of compliance issues, i.e. advise Managers when compliance issues arise
• Is accountable for managing and executing pre-audit preparedness activities and preparing internal team communications, managing and triaging the flow of audit pull lists to the subject matter experts, as well as tracking, monitoring and managing all submissions to Corporate Audit.
• Assists in the implementation, maintenance and administration of a specific compliance program. Coordinates and performs risk assessment, monitoring and testing activities to ensure program remains current and aligned with BMO Compliance Program.
• Works with business/group and internal partners to ensure regulatory, corporate and fiduciary obligations are met. Advises business/group on implications of new regulatory developments or internal products, and assists to implement new/revised policies and programs to address them. Identifies risks and implements appropriate actions to mitigate them.
• Develops and maintains compliance information for analysis and reporting. Achieves compliance goals by maintaining current knowledge of regulatory requirements and developments. Maintains functional and regulatory expertise specific to business group, and refers to Compliance Policies & Procedures manuals for requirements.
• Contributes to business/group results by providing oversight and making recommendations that significantly impact the Banks ability to monitor regulatory compliance programs, minimize operational risk and align with regulatory agencies.