Senior Manager-Project and Change Management Risk - PM Risk Testing

Application Deadline:

10/10/2024

Address:

100 King Street West

Job Family Group:

Audit, Risk & Compliance

The Project and Change Management Testing Team is a 2nd Line of Defense role responsible for the development, management, and execution of formal testing, monitoring, quality assurance, and review of the 1st Line activities to assess the effectiveness of the Project Management (PM) control environment and program adherence to the PM governance frameworks. This position will develop testing plans, test scripts, execute testing at both the Enterprise bank level and within specific business units, report on test results, recommend actions on any gaps identified and work with the Bank Groups to ensure remediation of those gaps.  Design and develop testing strategies and methodologies to assess the effectiveness of the Bank's control environment.

• Execute and coordinate the execution of testing across the organization from both an Enterprise and Business Unit/ PMO perspective.
• Determine testing samples by performing in-depth risk-based analysis of the Domains.
• Identify issues and develop recommendations to address any gaps during the test execution. Work with issue owners to develop Management Action Plans and work with the identified owners to remediate such gaps through closure.
• Ensure implementation of consistent control frameworks across the enterprise.
• Assess complex monitoring activities associated with the control frameworks. Ensure activities are performed accurately, thoroughly, and in accordance with dynamic regulatory, operational risk requirements, and/or industry best practices, and activities meet timeframe standards.
• Act as a Subject Matter Expert around the Bank's Control Frameworks and applicable 2nd Line guidance
• Build effective professional relationships with business group, process owners, internal/external stakeholders and trust with regulators.
• Works independently and regularly handles non-routine situations.
• Develop and maintain reports on the status of the governance program or framework components to various internal & external stakeholder audiences. Including quarterly, annual, and ad-hoc reporting.
• Performs and/or effectively challenges monitoring and testing activities to ensure regulatory compliance controls are operating and aligned to PRC and regulatory requirements.
• ·         Supports root cause analysis in response to material control failures in business/ PMOs/operating group.
• Measures the effectiveness of risk governance system and framework; recommends changes as required.
• Interprets new regulations and assesses impacts to the governance framework.
• Provides strategic input into business decisions as a trusted advisor.
• Develops quarterly and annual test plans to assess the effectiveness of the control environment and program adherence to the bank's governance framework.
• Broader work or accountabilities may be assigned as needed.

Qualifications

• Bachelor's degree required, Masters preferred.
• Minimum of 10 years of relevant experience.
• In-depth knowledge and experience in Operational Risk Management in a Financial Institution. 
• Knowledge of project risk management including both the waterfall and agile delivery methodologies.
• Industry Certification including a valid PMP designation is preferred
• Ability to run data analytics in Excel and extrapolate meaningful analysis.
• Strong independent testing skills.
• People manager skills
• Strong relationship building skills to work with key stakeholders at all levels of the organization.
• In-depth knowledge of the organizations control frameworks.
• Knowledge of testing methodologies.
• Ability to work independently under tight time constraints with minimal need for oversight and peer review to ensure adherence to the control framework.
• Ability to simultaneously manage multiple high priority projects.
• Must be able to quickly grasp complex strategies.
• Mastery of the Microsoft Suite of products including Project, Power Point, Vision, and Excel
• Strong communication, critical thinking, relationship management and project management skills.
• Verbal and written communication skills - In-depth
• Collaboration and team skills - In-depth
• Analytical and problem-solving skills - In-depth
• Influence skills - In-depth
• Data driven decision making - In-depth.

Salary:

$92,400.00 - $171,600.00

Pay Type:

Salaried

The above represents BMO Financial Group’s pay range and type.

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