Analyst, Risk Governance and Controls in Toronto

The Analyst supports the oversight of the Market Risk compliance and governance program within the second line of defense. As part of the Market Risk Governance team, the Analyst assists in maintaining the Market Risk Process, Risk and Control (PRC) inventory, regulatory inventory, monitoring and testing program, and governance reporting. The role provides an opportunity to develop expertise in risk management, regulatory compliance, and internal controls while collaborating with stakeholders across the first and second lines of defense.

Specific accountabilities for the role include:

• Build effective working relationships with stakeholders across Market Risk and related functions to support governance, compliance, and control oversight activities.
• Execute control testing activities, document results, communicate outcomes, and support the development of remediation action plans where issues are identified.
• Assist in the review of processes and controls to identify opportunities to strengthen the control environment and mitigate risk.
• Support the development, execution, and maintenance of the Monitoring & Testing Plan.
• Maintain and update the regulatory inventory, including regulatory applicability assessments and regulatory-to-control mappings.
• Assist in the development and maintenance of the Market Risk Process, Risk and Control (PRC) inventory, including processes, risks, controls, roles and responsibilities, and governance requirements.
• Support the preparation of materials, presentations, and reporting for governance forums and senior management.
• Assist with internal and external audits, regulatory examinations, and related information requests.
• Support quarterly attestation activities and follow-up activities as required.
• Analyze governance, risk, and control information to identify trends, issues, and areas requiring management attention.
• Develop and maintain knowledge of Market Risk activities, risk management practices, internal control frameworks, and applicable regulatory requirements.
• Identify issues and control gaps, perform analysis, and escalate matters appropriately to management.
• Work independently on assigned activities while seeking guidance on more complex or ambiguous matters.
• Broader work or accountabilities may be assigned as needed.

Qualifications:

• Typically 1-2 years of relevant experience in risk management, compliance, governance, audit, finance, or a related field, and a post-secondary degree in a related discipline, or an equivalent combination of education and experience.
• Experience in risk management, audit, compliance, governance, or internal controls is an asset.
• Knowledge of risk management, internal controls, governance, or regulatory compliance concepts.
• Experience performing control testing, monitoring activities, or risk assessments is preferred.
• Strong analytical, problem-solving, and organizational skills with attention to detail.
• Strong verbal and written communication skills.
• Strong collaboration and relationship management skills.
• Ability to manage multiple priorities and meet deadlines in a dynamic environment.
• Proficiency in Microsoft Excel, PowerPoint, and other Microsoft Office applications.

Salary: $45,000.00 - $100,000.00

Type of compensation: Salary

BMO offers a comprehensive benefits package including health insurance, tuition reimbursement, accident insurance, life insurance, and retirement savings plans.

BMO is committed to providing an inclusive, equitable, and accessible workplace. Accommodations are available upon request for candidates participating in all aspects of the selection process.