Head, Business Risk & Solutions, BMO Wealth Management

at  BMO Financial Group

100 King Street West Toronto Ontario,M5X 1A1
Please note: This position is also posted to those who are interested in Chicago under Job ID - R250002016
Reporting to the Chief Operating Officer (COO), Wealth Management, the Head, Business Risk and Solutions leads the first line of defence (1B) for Wealth Management, ensuring effective regulatory management, compliance with overall Board and regulatory policies and guidelines and the highest ethical standards are met. With managerial leadership of a large (60+ employees) cross-functional team, the Head, Business Risk Solutions leads the risk management operational activities for all BMO-defined Operational Risk Types (including AML) for the Wealth Management business, ensuring that internal control systems identify and mitigate emerging risk, safeguard assets and comply with Bank policy and procedures, regulatory requirements and voluntary codes of conduct and public commitments within the business unit. The role provides integration and oversight to financial risk types including Credit and Market Risk, maintains strong relationships with internal stakeholders across all three lines of defence and acts as a senior interface externally with North American regulators.

QUALIFICATIONS:

• Graduate degree
• Minimum of 10+ years in financial services industry experience
• Broad risk management experience including Credit Risk, Market Risk, Non-Financial Risk Management, AML, and Regulatory Compliance
• Technical expert viewed as a thought leader for process modernization and innovation
• Proven project leadership capabilities and an ability to coordinate the efforts of people and resources not under their direct control.
• Verbal & written communication skills - Expert.
• Analytical and problem-solving skills - Expert.
• Influence skills - Expert.
• Large team leadership (leader of leaders) & coaching to performance – Expert
• Collaboration & team skills; with a focus on cross-group collaboration - Expert.
• Able to manage ambiguity.
  Please note the target base salary range for this specific position is noted as a range from $190,000 CDN to $210,000 CDN

ABOUT US

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.
As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset.
To find out more visit us at https://jobs.bmo.com/ca/en
BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.
Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes

Please refer the Job description for details