Bank of Montreal

Senior Manager, Wealth Management Governance & Risk Programs Wealth Management Governance & Controls

Bank of Montreal$86K — $160K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7–10+ years of experience in first-line financial, operational, or business risk management within Wealth Management or Financial Services
  • Strong understanding of Wealth products, client lifecycle risks, and regulatory expectations
  • Strong understanding of Financial Risk, Risk Identification, Stress Testing, and Risk Appetite
  • Demonstrated experience owning business-led risk remediation and change initiatives
  • Proven ability to influence senior stakeholders and translate complexity into actionable outcomes.

Responsibilities

  • Lead Wealth Management’s execution of the Risk Identification lifecycle, assessment, documentation, and reporting
  • Own Wealth’s material and emerging risk inventory in alignment with the enterprise Risk Taxonomy
  • Facilitate structured Risk ID sessions with Wealth business leaders and SMEs
  • Identify and manage financial risk exposures in accordance with program requirements
  • Coordinate Wealth Management’s first-line contribution to stress testing initiatives
  • Support risk assessments for requests, requirements, initiatives, products, and processes
  • Ensure effective operational controls are in place within the business.

Benefits

  • Comprehensive health and dental plans
  • Retirement savings plans with employer contributions
  • Professional development and training programs
  • Work-life balance initiatives
  • Flexible work arrangements.
Full Job Description
Application Deadline: 07/21/2026 Address: 100 King Street West Job Family Group: Business Management Mandate: The Senior Manager, Wealth Management Governance & Risk Programs is a first line of defence (1LOD) role accountable for leading and embedding the Risk Identification, Stress Testing and Financial Risk programs within Wealth Management. The role owns the execution, quality, and business integration of Risk ID and Stress Testing activities, and is accountable for leading the Financial Risk program, ensuring outputs support decision making and inform Risk Appetite, strategy, capital considerations, and governance for Wealth Management. The role also ensures that financial and nonfinancial risks are identified, assessed, mitigated, monitored, and reported as part of daytoday operations and decisionmaking, within BMOs and Wealth Management9 approved Risk Appetite. Responsibilities: Lead Wealth Management9s execution of the Risk Identification lifecycle, assessment, documentation and reporting Own Wealth9s material and emerging risk inventory in alignment with the enterprise Risk Taxonomy Facilitate structured Risk ID sessions with Wealth business leaders and SMEs Accountable for identifying and managing financial risk exposures (credit, market, liquidity impacts where applicable) in accordance with program requirements Own and coordinate Wealth Management9s firstline contribution to enterprise, regulatory and businesslevel stress testing Lead, coordinate and execute risk assessments supporting requests, requirements, initiatives, products, processes Support issue and event management and oversight from identification through remediation Ensure controls are designed, implemented, and operating effectively in the business Advise senior business leaders on relevant risks, impacts, and mitigation options Prepare and present on Wealth Risk ID, Stress Testing and Financial Risk to support governance forums and reporting Interpret applicable requirements and translate into practical business controls and processes. Design, implement, and maintain an effective 1LOD risk program Act as the primary interface with partners within the business, 2LOD and 3LOD stakeholder among others on relevant matters. Qualifications: 7910+ years of experience in firstline financial, operational, or business risk management within Wealth Management or Financial Services Strong understanding of Wealth products, client lifecycle risks, and regulatory expectations Strong understanding of Financial Risk, Risk Identification, Stress Testing and Risk Appetite Demonstrated experience owning businessled risk remediation and change initiatives Proven ability to influence senior stakeholders and translate complexity into actionable outcomes. Salary $86,000.00 - $160,000.00 Pay Type: Salaried The above represents BMO Financial Group9s 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 Group9s expected target for the first year in this position. BMO Financial Group9s 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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