Senior Manager, Risk Strategic Initiatives and Risk Oversight

Application Deadline:

08/29/2024

Address:

33 Dundas Street West

Job Family Group:

Audit, Risk & Compliance

Join BMO as a Senior Manager, Risk Strategic Initiatives and Risk Oversight. You will play a critical role in providing independent oversight and effective challenge of risk management activities across BMO’s largest operating group. This is a unique opportunity to drive strategic initiatives within a dynamic risk function while leveraging data analytics to support informed decision-making and enhance risk management capabilities.

What You’ll Do:

- Lead strategic risk initiatives by identifying key risk areas, conducting deep-dive reviews, and delivering actionable recommendations to enhance risk management processes.

- Utilize your data analytics expertise to analyze complex data sets, generate insights, and drive strategic decision-making. You’ll translate data into meaningful reports and presentations for senior management.

- Partner with business stakeholders across Canada and the U.S. to challenge assumptions, validate risk assessments, and ensure a strong second line of defense.

- Act as a consultant and advisor to the business, delivering insights that go beyond traditional risk management and helping the organization evolve its risk practices.

- Contribute to the risk management function by assessing risks, providing recommendations, and fostering a culture of continuous improvement.

What You Bring:

- Proven ability to lead and execute strategic initiatives and provide advisory services to business units.

- A strategic mindset with a passion for using data to drive decision-making.

- Strong experience in risk management, ideally within a financial services or consulting environment.

- Exceptional communication and stakeholder management skills, with the ability to engage confidently with senior leaders.

- A proactive, self-starter attitude with a demonstrated history of ownership and accountability for delivering initiatives.

- Proficiency in data analysis and visualization tools, such as Excel and Power BI, with a solid understanding of how to extract insights from data.

- Flexibility and adaptability to thrive in a dynamic, fast-paced environment.

Preferred Qualifications:

- Minimum 10 years of experience, particularly with a background in risk management, and an advisory mindset with experience in data analytics.

- Experience in the financial sector, especially banking, would be a strong advantage.

- Exposure to retail banking, personal and business banking, or other related financial operating groups.

- Consulting experience is highly valued

- A degree in business, data analytics, risk management, or related fields. Advanced degrees such as an MBA are a plus.

This is an individual contributor role. This position is located in Toronto and offers a hybrid work model with 2-3 days in the office

If you’re looking for your next dream job, consider this one in BMO’s Enterprise Risk Group where every colleague helps protect and grow the bank by providing independent review and oversight of enterprise-wide risks, working together to maintain a risk management framework and fostering a strong risk culture.  #ERPMDreamJobs

Supports the P&BB Strategic Initiatives Director and P&BB ORO team in executing strategic priorities for the group. Gathers and integrates data and information to promote the effective and profitable operation of the business/group and enhances the Bank’s profile in the marketplace. Works with stakeholders to interpret financial and business results, understands the operating environment & emerging trends and provides planning, support and recommendations to improve operational effectiveness and tracks achievement of objectives. Supports the effective management of risk, including operational and compliance risk and management of the attestation/reporting process specific to the business. Provides strategic counsel on community/industry events and directs and coordinates the logistics of these events. Supports the development of effective, consistent communications for the business/group senior leader and for the leadership team.

• Provides strategic input into business decisions as a trusted advisor.

• Influences and negotiates to achieve business objectives.

• Recommends and implements solutions based on analysis of issues and implications for the business.

• Assists in the development of strategic plans.

• Identifies emerging issues and trends to inform decision-making.

• Makes recommendations to management and senior leaders on strategy and new initiatives, based on an in-depth un