Director, Global I&CB CM Supervision

BMO•New York, NY

2d•Onsite

About The Position

The Director, Global I&CB – Capital Markets Supervision (CMS) will be responsible for overseeing supervision and business risk management functions within BMO Capital Markets, specifically supporting Global Investment and Corporate Banking (I&CB) Lines of Business (LOB’s). This role ensures that supervisory controls are effectively designed and implemented to mitigate risk and support compliant, revenue-generating activities. The Director, Global I&CB CM Supervision leads a team accountable for the oversight and effectiveness of the First Line of Defense supervisory framework, supporting the Global I&CB businesses. The role provides guidance on regulatory risk management activities and validates that supervisory controls are appropriately designed, implemented, and operating effectively to support compliant revenue‑generating activities. The Global Head of I&CB has formally delegated the authority to the Director, I&CB Supervision to partner and assess regulatory risks, evaluate control effectiveness, and drive remediation where gaps are identified. The role serves as a key liaison between the Line of Business and enterprise stakeholders, including Second Line Compliance, Enterprise Legal and Regulatory Compliance, Internal and External Audit, Financial Risk, Operational Risk, and Regulators (e.g., FINRA, CIRO). The position has material accountability for the design, governance, and ongoing execution of supervisory controls, including monitoring programs, risk assessments, and issue management processes. The Director is also responsible for fostering a strong culture of compliance across Global I&CB, promoting proactive risk identification and control enhancement. The role works closely with team members across I&CB and Global Markets, as well as with US and UK counterparts, to ensure consistency of supervisory standards and cross‑jurisdictional alignment where applicable.

Requirements

Minimum of 10 years of experience in financial services, with direct knowledge of Investment and/or Corporate Banking along with their regulatory obligations
Experience in compliance, supervision, or regulatory risk management within a major broker‑dealer
Strong understanding of U.S. and Canadian regulations related to I&CB business
Undergraduate degree required
Deep understanding of I&CB products, business models, and associated risks
Strong knowledge of supervisory controls, risk assessment methodologies, and issue management practices
Solid understanding of enterprise governance structures and three‑lines‑of‑defense models
Familiarity with market, credit, and operational risk frameworks
Strong leadership, judgment, and decision‑making capabilities
Be a credible resource to senior business leadership for escalation, clarification, and resolution of supervisory matters
Excellent written and verbal communication skills, including the ability to distill complex regulatory requirements
Proven ability to influence and partner with senior stakeholders without direct authority
Strong analytical and problem‑solving skills
Ability to manage multiple priorities in a fast‑paced, highly regulated environment
High degree of professionalism, discretion, and integrity
Collaborative, service‑oriented leader with a proactive and solutions‑focused mindset
Ability to provide effective challenge and escalate concerns in a balanced and professional manner
Seasoned Professional to participate in governance forums, committees, and lead meetings relevant to the effective execution of the supervisory program

Nice To Haves

advanced degree (MBA, CPA, JD/LLB) is a plus
CIRO registrations preferred
Desire to learn and / or utilize AI capabilities to improve the Supervision Program

Responsibilities

Act as Global Team lead, synchronizing practices where appropriate
Directly face-off with I&CB Senior Management, developing formal reporting that evidence supervisory results and highlights any areas of heightened risk
Assess industry peers and advance the I&CB Supervision program, actively looking to introduce AI and automation
Oversee the development and execution of the Monitoring and Testing (M&T) plans
Identify and interpret regulatory requirements applicable to Global I&CB businesses
Act as the primary contact and representative for I&CB on regulatory inquiries and exams by Regulators, Audit, Compliance and ONFR
Lead the annual Regulatory Compliance Risk Assessment process
Partner with Regulatory Transformation and Compliance to assess the impact of regulatory changes and define appropriate supervisory responses
Oversee remediation of regulatory issues
Supervise electronic communications surveillance
Oversee the development, maintenance, and execution of Written Supervisory Procedures (WSP’s)
Provide regulatory guidance to business stakeholders on business expansion and initiatives, including system implementations
Provide real-time regulatory guidance on deals
Provide Front Office Personnel Onboarding and Registrations Guidance and Administration
Contribute to Regulatory Training
Define and monitor KRI’s associated with the I&CB Supervision Program
Participate in governance forums, committees, and lead meetings relevant to the effective execution of the supervisory program