Bank of Montreal

Business Risk Advisory and Controls (BRAC) Operations

Bank of Montreal$69K — $129K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years in risk management, governance, compliance, or related fields.
  • Strong knowledge of governance, risk, and control frameworks.
  • Experience with risk management systems like GRCE.
  • Strong analytical, problem-solving, and decision-making skills.
  • Effective communication and stakeholder management abilities.
  • Proven ability to work independently in a dynamic environment.

Responsibilities

  • Support Operations in Collections and Strategic Initiatives with specific risk considerations.
  • Advise partners on risk and control design to align with enterprise frameworks.
  • Lead core risk and control activities including RCSA and issue management.
  • Update and maintain risk artifacts in GRCE with first-line stakeholders.
  • Interpret regulatory requirements, identify gaps, and support remediation actions.
  • Drive issue identification and root cause analysis to align with audit expectations.
  • Build relationships with business partners to enhance risk accountability.

Benefits

  • Health insurance coverage
  • Tuition reimbursement opportunities
  • Accident and life insurance
  • Retirement savings plans
  • Performance-based incentives and discretionary bonuses
Full Job Description
Application Deadline:

07/29/2026

Address:
250 Yonge Street

Job Family Group:

Business Management

  • Supports Operations business units including Collections and Strategic Initiatives & Enablement, each with distinct risk profiles and regulatory requirements.
  • Advises business partners on risk and control design, documentation, and implementation to ensure alignment with enterprise frameworks.
  • Leads and supports execution of core risk and control activities, including RCSA, PRC, PSPRA, RCRA, and issue management.
  • Partners with first-line (1A) stakeholders to update and maintain risk artifacts (processes, risks, controls, issues) in GRCE, ensuring accuracy and timely updates.
  • Interprets regulatory requirements and internal policies, identifying gaps and supporting development of remediation actions.
  • Drives issue identification, root cause analysis, and remediation tracking in alignment with audit and regulatory expectations.
  • Acts as a subject matter expert in governance, risk, and control frameworks, including regulatory compliance and control mapping.
  • Builds strong relationships with business partners to reinforce accountability and ownership of risks and controls.
  • Collaborates with second and third line partners to support audits, regulatory reviews, and effective challenge processes.
  • Supports regulatory change initiatives by assessing impacts to processes and controls and coordinating required updates.
  • Analyzes risk data and trends to provide insights and recommendations for continuous improvement.


Qualifications
  • 5-7 years of experience in risk management, governance, compliance, or a related field, or equivalent combination of education and experience.
  • Strong knowledge of governance, risk, and control frameworks and lifecycle activities.
  • Experience working with risk management systems (e.g., GRCE) and managing risk artifacts.
  • Strong analytical, problem-solving, and decision-making skills.
  • Effective communication and stakeholder management skills, with the ability to influence and partner with business teams.
  • Ability to work independently and manage multiple priorities in a dynamic environment.


Salary:

$69,000.00 - $129,000.00

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 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

About Bank of Montreal

The Bank of Montreal is a Canadian multinational investment bank and financial services company. It provides a wide range of personal and commercial banking, wealth management, and investment banking products and services. The bank had revenues of CAD 23.6 billion in 2020.
Learn more about Bank of Montreal
Size
45,454 employees
Market Cap
$60.9 billion
Industry
Founded
1817
5 Year Trend
+9.1%
NASDAQ

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