Enterprise Regulatory Compliance Testing - Business Program Specialist

Bank of Montreal•Chicago, IL

5d•Onsite

About The Position

Supports the implementation, maintenance, administration, and continuous improvement of the Regulatory Compliance Testing Professional Practices and ensures alignment with the BMO Compliance Program. Ensures regulatory compliance testing methodologies, programs, processes, tools, and reporting practices remain current, effective, and aligned with enterprise standards, regulatory expectations, and industry leading practices. Coordinates and performs activities related to quality assurance, annual planning, issue management, methodology governance, reporting, training, data analytics, operational effectiveness, and strategic initiatives. Works closely with Regulatory Compliance Testing teams and business partners to promote consistency, quality, transparency, and effective execution across the regulatory compliance testing lifecycle. Identifies risks and implements appropriate actions to mitigate them. Contributes to the advancement of the Regulatory Compliance Testing function through continuous improvement, adoption of best practices, development of professional capabilities, and maintenance of a robust quality management framework.

Requirements

Typically minimum of 5-7 years of experience in regulatory compliance testing, compliance risk management, audit, quality assurance, risk management, governance, or a related discipline.
Post-secondary degree in a related field or an equivalent combination of education and experience.
Strong knowledge of regulatory compliance frameworks, testing methodologies, risk assessment principles, issue management practices, and quality assurance concepts.
Experience supporting methodology development, quality assurance programs, annual planning, governance, reporting, training, or operational effectiveness initiatives.
Demonstrated ability to analyze data, identify trends, and develop meaningful insights and recommendations.
Strong written and verbal communication skills with the ability to prepare executive-ready reporting and presentations.
Strong collaboration, stakeholder management, influence, and relationship management skills.
Ability to manage multiple priorities and operate effectively in a dynamic and evolving regulatory environment.
Verbal & written communication skills – In-depth.
Collaboration & team skills – In-depth.
Analytical and problem-solving skills – In-depth.
Influence skills – In-depth.
Data-driven decision making – In-depth.

Nice To Haves

Professional certification such as CRCM, CAMS, CIA, CPA, CRMA, or equivalent designation preferred.

Responsibilities

Provides advice and guidance on Regulatory Compliance Testing methodology, standards, processes, and tools.
Supports the development, implementation, maintenance, and governance of Regulatory Compliance Testing methodologies, procedures, templates, guidance, and playbooks.
Coordinates activities supporting the Regulatory Compliance Testing annual planning process, including risk assessments, coverage analysis, capacity planning, and reporting.
Supports the design, implementation, and maintenance of the Regulatory Compliance Testing Quality Assurance and Improvement Program.
Performs quality reviews and thematic assessments to evaluate compliance with Regulatory Compliance Testing standards, methodologies, and reporting expectations.
Identifies opportunities to improve testing methodologies, operating procedures, workflows, tools, and reporting practices to enhance quality, consistency, efficiency, and scalability.
Analyzes testing results, issue trends, quality metrics, operational performance measures, and other data to identify insights, emerging risks, and continuous improvement opportunities.
Develops and maintains management reporting, dashboards, scorecards, and executive presentations related to Regulatory Compliance Testing activities.
Supports governance processes related to methodology changes, issue management, quality assurance observations, strategic initiatives, and operational effectiveness.
Monitors emerging regulatory developments, industry trends, professional practices, and testing methodologies and recommends enhancements to the Regulatory Compliance Testing framework.
Supports regulatory examinations, internal reviews, quality assessments, management reviews, and other oversight activities involving the Regulatory Compliance Testing function.
Develops and delivers training, coaching, communications, and educational materials to promote consistent application of Regulatory Compliance Testing methodologies and standards.
Supports strategic initiatives designed to enhance Regulatory Compliance Testing capabilities, effectiveness, maturity, and stakeholder value.
Prepares clear, concise, and well-supported communications, reports, presentations, and governance materials.
Breaks down complex problems, analyzes information from multiple sources, and develops recommendations to improve Regulatory Compliance Testing processes and outcomes.
Employs reporting tools, metrics, and analytics to monitor performance, identify trends, and support risk-informed decision making.
Maintains independence, objectivity, and professional skepticism while supporting Regulatory Compliance Testing governance and quality initiatives.
Works independently and regularly handles non-routine situations requiring judgment, analytical thinking, and problem solving.
Broader work or accountabilities may be assigned as needed.