Business Risk Advisory and Controls (BRAC) Operations

BMO•Toronto, ON

1d•CA$69,000 - CA$129,000•Onsite

About The Position

Supports operations business units including Collections and Strategic Initiatives & Enablement, each with distinct risk profiles and regulatory requirements. Advises business partners on risk and control design, documentation, and implementation to ensure alignment with enterprise frameworks. Leads and supports execution of core risk and control activities, including RCSA, PRC, PSPRA, RCRA, and issue management. Partners with first-line (1A) stakeholders to update and maintain risk artifacts (processes, risks, controls, issues) in GRCE, ensuring accuracy and timely updates. Interprets regulatory requirements and internal policies, identifying gaps and supporting development of remediation actions. Drives issue identification, root cause analysis, and remediation tracking in alignment with audit and regulatory expectations. Acts as a subject matter expert in governance, risk, and control frameworks, including regulatory compliance and control mapping. Builds strong relationships with business partners to reinforce accountability and ownership of risks and controls. Collaborates with second and third line partners to support audits, regulatory reviews, and effective challenge processes. Supports regulatory change initiatives by assessing impacts to processes and controls and coordinating required updates. Analyzes risk data and trends to provide insights and recommendations for continuous improvement.

Requirements

5–7 years of experience in risk management, governance, compliance, or a related field, or equivalent combination of education and experience.
Strong knowledge of governance, risk, and control frameworks and lifecycle activities.
Experience working with risk management systems (e.g., GRCE) and managing risk artifacts.
Strong analytical, problem-solving, and decision-making skills.
Effective communication and stakeholder management skills, with the ability to influence and partner with business teams.
Ability to work independently and manage multiple priorities in a dynamic environment.

Responsibilities

Supports operations business units including Collections and Strategic Initiatives & Enablement, each with distinct risk profiles and regulatory requirements.
Advises business partners on risk and control design, documentation, and implementation to ensure alignment with enterprise frameworks.
Leads and supports execution of core risk and control activities, including RCSA, PRC, PSPRA, RCRA, and issue management.
Partners with first-line (1A) stakeholders to update and maintain risk artifacts (processes, risks, controls, issues) in GRCE, ensuring accuracy and timely updates.
Interprets regulatory requirements and internal policies, identifying gaps and supporting development of remediation actions.
Drives issue identification, root cause analysis, and remediation tracking in alignment with audit and regulatory expectations.
Acts as a subject matter expert in governance, risk, and control frameworks, including regulatory compliance and control mapping.
Builds strong relationships with business partners to reinforce accountability and ownership of risks and controls.
Collaborates with second and third line partners to support audits, regulatory reviews, and effective challenge processes.
Supports regulatory change initiatives by assessing impacts to processes and controls and coordinating required updates.
Analyzes risk data and trends to provide insights and recommendations for continuous improvement.