Virtual, IL, United States of America
19 hours ago
Manager, Risk Strategy, Initiatives & Reporting

Application Deadline:

03/27/2025

Address:

VIRTUAL13 - HomeRes - IL

Job Family Group:

Business Management

Independent contributor, supporting the teams within the US P&BB Risk Management Group in the effective implementation, maintenance and administration of the first line of defense (1st LOD) programs (e.g., Operational Risk, AML, Compliance, Regulatory, etc.), through the use of data and technology. Contributes to a strong risk management culture through collaboration with other first line employees, and second & third line functions to ensure Risks are identified, mitigated, monitored and reported on an ongoing basis. The Manager is responsible for development of metrics and reporting processes to provide a clear view of the US P&BB business-specific risks with the goal of improving the risk issues that violate compliance with the Bank’s risk requirements.

Manage data/technology/process improvement initiatives end-to-end through the intake, analysis, build and release delivery cycle.Work with stakeholders to understand business requirements to deliver accurate data through business reports, actionable insights, and recommendations to drive decisions.Gather data from various sources to proactively monitor potential risks, assist in data request, or help mitigate open risk issues.Builds change management plans of varying scope and type; leads or participates in a variety of change management activities including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives.Develop dashboards to deliver data insights or trends to end user in a standardized, repeatable and efficient processBe able to use data/technology knowledge to identify potential solutions to mitigate risk and use data to tell a story with fact-based information to help drive decisionsUses SQL and other tools/technics for data research, preprocessing from various back-end systems and centralized data platforms.Uses VBA to develop process improvement workflows and automation.Uses Power BI, PowerApps and PowerAutomate to deliver data and/or processes in an automated, consistent and end-user friendly way.  Breaks down strategic problems, and analyses data and information to provide insights and recommendations.Develops and maintains knowledge of various risk stripes applicable to the Bank’s Lines of Business – Operational, Compliance, AML Risks, among othersDevelop and maintains knowledge of Bank product offerings, operations and markets to facilitate compliance with risk requirementsDevelop and maintains knowledge of technology, emerging technology, data tools and techniques that can be used to meet risk requirements.  May support multiple, varied business units with large/complex risk programs/frameworks /projects/initiatives to ensure risks are appropriately mitigated and regulations adhered toBuilds effective relationships with internal/external stakeholders.Develops, documents and maintains business/group procedures updating and obtaining approvals as necessarySupports broader team by executing quality assurance reviews prior to delivering data, reports, processes to stakeholders.May support the business/group through internal/external audits or regulatory examinations and assists in development of action plans to resolve any identified issues.Works independently and regularly handles non-routine situations.

Qualifications:

Typically between 5 - 7 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.Experience working for a large organization with a complex data structure / environmentData visualization and analysis experience using Power BI or other toolsExperience with VBA, SQL, Python, Power Automate, Power App, MS Office tool- Excel, Access DB, Power point, SharePoint, and other tools and frameworksKnowledge of Extract, Transfer Load (ETL), data preprocessing, manipulation and visualization & reporting techniquesProgram / Project management skills – in-depthVerbal & written communication skills – In-depthCollaboration & team skills – in-depthAnalytical and problem solving skills – in-depthInfluence skills – in-depthData driven decision making – in-depthProblem solving – in-depth

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://jobs.bmo.com/global/en/Total-Rewards

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 http://jobs.bmo.com/us/en

BMO is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristics. We also consider applicants with criminal histories, consistent with applicable federal, state and local law.

BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to BMOCareers.Support@bmo.com and let us know the nature of your request and your contact information.

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.

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