Senior Compliance Officer - Fixed Income

Application Deadline:

08/21/2025

Address:

151 W 42nd Street

Job Family Group:

Audit, Risk & Compliance

**Please note that this is a hybrid work arrangement - 3 days in the office each week is the expectation**

Our team is growing its Fixed Income Compliance team in New York with a focus on FINRA and SEC broker-dealer requirements and corresponding oversight. We are looking for someone to work closely with the Fixed Income, Currencies, and Commodities (“FICC”) LOBs and other internal business partners to ensure regulatory, corporate and fiduciary obligations are met.  You will have a specific focus on compliance oversight over BMO’s Fixed Income activities, and maintain current knowledge of regulatory requirements and developments, monitoring risk/trade surveillance, and identifying and corrects possible gaps and weaknesses. Our particular focus will be the Securitized Products Business within FICC.

Ideal candidate will assist in the implementation, maintenance and administration of the Fixed Income compliance program. Coordinate and performs risk assessment, monitoring, testing and surveillance activities to ensure program remains current and aligned with BMO Compliance Program. Work with business/group and internal partners to ensure regulatory, corporate and fiduciary obligations are met. Advise business/group on implications of new regulatory developments or internal products, and assists to implement new/revised policies and programs to address them. Identify risks and implements appropriate actions to mitigate them. Develop and maintain compliance information for analysis and reporting. Achieve compliance goals by maintaining current knowledge of regulatory requirements and developments. Maintain functional and regulatory expertise specific to business group, and refers to Compliance Policies & Procedures manuals for requirements. Contribute to business/group results by providing oversight and making recommendations that significantly impact the Bank’s ability to monitor regulatory compliance programs, minimize operational risk and align with regulatory agencies.

Additionally, the ideal candidate will:

• Provide advice and guidance to assigned business/group on implementation of solutions aligned to regulatory risk appetite based on an understanding of business operations and stakeholder needs.
• Consult on new products, services and automated systems to assist with incorporating compliance requirements into these initiatives.
• Ensure effective regulatory compliance controls that enable business objectives.
• Identify and advise on emerging issues and trends to inform decision-making.
• Help determine business priorities and best sequence for execution of business/group strategy.
• Build effective professional relationships with business group, internal/external stakeholders and trust with regulators.
• Analyze and report on compliance data, and related data to gain insights on regulatory risk.
• Oversee the development and maintenance of guidelines and procedures, providing advice/rulings as necessary, for a single function within a geographic area.
• Participate in the design, implementation and management of core business/group processes.
• Conduct and/or effectively challenge risk assessments for business/group and assists to identify more effective compliance controls.
• Perform and/or effectively challenge monitoring and testing activities to ensure regulatory compliance controls are operating and aligned to regulatory requirements.
• Support root cause analysis in response to material control failures in business/group.
• Identify, assess, effectively challenge and oversee the satisfactory resolution of issues, including ensuring adequate management remediation plans and validation.
• Elevate high profile issues/risk cases to Compliance and business/group management for prompt resolution.
• Analyze and report compliance information to Compliance and business/group management.
• Develop and maintain a high level of expertise in all regulations, directives and guidance which apply to the group(s) supported.
• Provide input to business/group on emerging risks, regulatory developments and interpretation of regulations.
• Conduct and/or effectively challenge risk assessments for business/group and assists to identify more effective compliance controls.
• Perform and/or effectively challenge monitoring and testing activities to ensure regulatory compliance controls are operating and aligned to regulatory requirements.
• Identify, assess, effectively challenge and provide oversight on the satisfactory resolution of issues, including ensuring adequate management remediation plans and validation. Elevate high profile issues/risk cases to Compliance an