Bank of Montreal

Data Management Risk Officer

Bank of Montreal$102K — $190K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in finance, business, data, or a related field; advanced degrees or certifications like DCAM, CRISC, or CISA preferred.
  • Relevant experience in risk management, data governance, or regulatory oversight in a financial services environment.
  • Strong knowledge of risk management frameworks and regulatory expectations, including BCBS 239 and data governance principles.
  • Demonstrated ability to analyze complex data and influence stakeholders effectively across technical and non-technical audiences.
  • Experience in governance, reporting, and audit or regulatory engagement.

Responsibilities

  • Lead the development and continuous improvement of the data management risk governance framework and controls.
  • Interpret regulatory developments and assess impacts, recommending enhancements to governance processes.
  • Provide independent oversight by leading compliance reviews and assessing portfolio risk exposure.
  • Identify emerging risks, analyze impacts, and recommend or escalate mitigating actions as needed.
  • Develop and manage governance and regulatory reporting for stakeholders, including metrics and status updates.
  • Advise business partners on implementing the risk framework and provide effective challenge on risk management expectations.
  • Lead stakeholder engagement and training activities to promote consistent adoption of governance requirements.

Benefits

  • Health insurance coverage for employees.
  • Tuition reimbursement for further education.
  • Accident and life insurance options available.
  • Retirement savings plans to support financial futures.
  • Performance-based incentives and discretionary bonuses.
Full Job Description

Application Deadline:

07/26/2026

Address:

320 S Canal Street

Job Family Group:

Audit, Risk & Compliance

Leads the development and continuous improvement of the data management risk governance framework, including standards, controls, and risk appetite, while assessing regulatory impacts and driving enhancements. Provides independent oversight and effective challenge by evaluating risk exposures, control effectiveness, and compliance, and identifying emerging risks to inform decision-making and escalation. Oversees governance and regulatory reporting, supports audits and examinations, and ensures appropriate review processes. Advises stakeholders on framework implementation, drives communication and training to promote consistent adoption, and manages core governance processes, tools, and artifacts supporting risk assessment and ongoing monitoring.


Governance & Framework
  • Lead the development, maintenance, and continuous improvement of the data management risk governance framework, including standards, policies, procedures, lifecycle management, controls, risk appetite and risk metrics.
  • Interpret regulatory developments and emerging industry practices, assess impacts on the governance framework, and recommend enhancements to controls, processes, and documentation.
Risk Assessment & Oversight
  • Provide effective challenge and independent oversight across data management and regulatory analytics by leading self-assessments and compliance reviews, assessing portfolio risk exposure, and evaluating the effectiveness of governance and controls.
  • Identify emerging risks, issues, and trends across initiatives, systems, processes, and workflows; analyze impacts; and recommend or escalate mitigating actions as appropriate.
  • Understanding of ORX.
Regulatory & Reporting
  • Develop and manage governance, risk, and regulatory reporting, including metrics, status updates, and required review/sign-off for internal and external stakeholders.
  • Represent the governance program during regulatory exams, audits, and other oversight activities, and provide specialized support for related regulatory requirements as needed.
Stakeholder Engagement & Advisory
  • Advise business and corporate partners on implementation of the risk framework, providing practical guidance, second-line support, and effective challenge on risk management expectations.
  • Lead stakeholder engagement, communications, and training activities to improve transparency, consistency, accountability, and adoption of governance requirements.
Process & Tools
  • Lead or support the design, implementation, and execution of core governance, oversight, and regulatory administration processes aligned to applicable policies, procedures, and standards.
  • Maintain tools, templates, and program artifacts that support risk assessment, control management, reporting, and technology/information risk governance activities.
GARP participation is nice to have.

Qualifications:
  • Bachelor’s degree in finance, business, data, or a related data field like cyber or data privacy (advanced MSc degree or certifications such as DCAM, CRISC, or CISA preferred
  • Relevant experience in risk management, data governance, or regulatory oversight within a financial services or highly regulated environment.
  • Strong knowledge of risk management frameworks, regulatory expectations (e.g., BCBS 239, data governance principles), and control environments is essential.
  • Demonstrated ability to analyze complex data and processes, influence stakeholders, and communicate effectively across technical and non-technical audiences is required
  • Experience in governance, reporting, and audit or regulatory engagement.

Salary:


$102,000.00 - $190,000.00

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: 

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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