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This role is part of the Risk Governance Office (RGO) within Enterprise Risk Management (ERM), which is part of Enterprise Risk & Portfolio Management (ERPM), BMO's second line of defence. The Risk Governance Office is responsible for developing, maintaining, and overseeing the frameworks, standards, methodologies, and practices that support effective risk governance, clear accountability, and consistent execution of the Risk Management Framework (RMF) across the enterprise and Combined U.S. Operations (CUSO).

The Manager, Risk Governance develops, implements, and maintains risk governance frameworks, standards, processes, and practices that support effective oversight, transparency, accountability, and regulatory compliance. The role provides governance oversight, advisory support, monitoring, reporting, and challenge to help ensure governance requirements are implemented, managed, and monitored consistently across the organization.

Key Accountabilities:

• Develops, maintains, and enhances risk governance frameworks, standards, methodologies, procedures, and supporting guidance.

• Leads implementation of governance requirements and promotes consistent application across business groups, corporate functions, jurisdictions, and material entities.

• Acts as a trusted advisor on risk governance requirements and provides advice, guidance, and effective challenge regarding the implementation of governance frameworks, policies, standards, and practices.

• Conducts analysis and assessments to identify governance issues, emerging trends, risks, and opportunities for improvement, and recommends appropriate actions.

• Leads monitoring, measurement, and reporting activities related to governance effectiveness, implementation progress, and adherence to governance requirements.

• Develops and maintains governance reporting, metrics, dashboards, and management information to support stakeholder and management decision-making.

• Researches emerging regulatory requirements, industry trends, and leading practices and recommends enhancements to governance frameworks and practices.

• Supports regulatory examinations, audits, reviews, and governance-related remediation activities.

• Assesses the impact of new or changing regulatory requirements and contributes to the development and implementation of governance enhancements.

• Leads or participates in governance, regulatory, and strategic initiatives, including stakeholder engagement, communication, implementation, and change management activities.

• Develops governance tools, templates, communications, training, and supporting documentation to promote awareness and consistent application of governance requirements.

• Builds effective relationships across the three lines of defence and collaborates with stakeholders to drive alignment, transparency, and effective governance outcomes.

• Analyzes data and information to provide insights, recommendations, and support informed decision-making.

Qualifications:

• Typically 5-7 years of experience in risk management, governance, compliance, audit, internal controls, regulatory management, or related disciplines.

• Experience developing, implementing, maintaining, or overseeing governance frameworks, policies, standards, controls, or oversight programs.

• Strong understanding of governance, risk management, regulatory expectations, and internal control principles.

• Strong analytical, problem-solving, communication, stakeholder management, and influence skills.

• Demonstrated ability to manage multiple priorities, work independently, and exercise sound judgment in a complex environment.

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: