Audit Manager, US Finance

Application Deadline:

05/29/2025

Address:

320 S Canal Street

Job Family Group:

Audit, Risk & Compliance

Conducts audit engagements to critically assess management and internal control processes, approving the nature, extent and timing of the audit, its execution and the formulation of insightful audit reports. Provides independent assurance on the quality and effectiveness of internal control, risk management, and governance systems and processes to support senior management and the Board in protecting BMO and its reputation. In addition:

• Executes audits in full recognition of the risks of the group that encompass the inherent risks, control risks and internal/external environment and regulatory risks. This may encompass individual audits and broader capstone audits of Enterprise level functions/processes.
• Identifies emerging issues and trends to inform decision-making.
• Maintains working knowledge of the industry, regulatory, broad economic environment, and internal environment, as to the development of new strategies and plans, opportunities and risk, to obtain an understanding of the control environment.
• Identifies control deficiencies and provides a fair and balanced assessment of their magnitude.

• Ensures that all audit procedures executed are conducted in accordance with Corporate Audit Methodology as confirmed by its Quality Assurance program and/or regulatory examination results.
• Applies sound judgement in the execution of the assigned work and ensures open lines of communication.
• Develops and maintains good working relations with key stakeholders.
• Reports on audits to provide clear, concise and memorable insights on issues and potential issues to assist management in fulfilling mandates. This work provides vital assurance to the Board of Directors and
• Conducts advisory engagements and other engagements as required.
• Utilizes data analytics in audit and advisory engagements to improve quality and efficiencies.
• Maintains the independence of the audit practice and its personnel.
• Develops insightful discussion points contributing to audit reports that provides fair and balanced assessment of governance, risk and control processes based on audit work performed. Deliverables must be objective, clear, concise and timely.
• Maintains and enhances professional audit qualifications in line with industry standards.
• Works independently and regularly handles non-routine situations.
• Focus is primarily on business/group within BMO; may have broader, enterprise-wide focus.
• Broader work or accountabilities may be assigned as needed.

Qualifications:

• Typically, between 5-7 years of relevant experience, which includes 2-3 years of public accounting, Big 4 or consulting experience, and 3-4 years of internal audit experience.
• Working knowledge and experience relating to stress testing, capital plan, resolution and recovery planning, financial planning and analysis, current expected credit losses (CECL), or accounting operations is preferred.
• Post-secondary degree in related field of accounting and/or finance or an equivalent combination of education and experience.
• Professional designations or business designations such as CIA or CPA.
• Verbal & written communication skills - In-depth.
• Collaboration & team skills - In-depth.
• Analytical and problem-solving skills - In-depth.
• Influence skills - In-depth.
• Data driven decision making - In-depth.

*Hybrid- 2 days in either the Chicago or Milwaukee office required

Salary reflects the Chicago market. There is an adjustment for the Milwaukee market.

Salary:

$72,500.00 - $134,500.00

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: https: