Regulatory Integrator and Governance Lead

BMO•Toronto, ON

5d•Onsite

About The Position

This role acts as end-to-end lead for regulatory projects, ensuring strong governance, effective controls, and compliance across multiple business units and regulators. It acts as a subject-matter expert and strategic advisor, interpreting regulatory requirements, identifying and mitigating risk exposures, and overseeing complex programs, change initiatives, audits, and examinations within defined risk appetite. The role partners closely with business leaders and 1st and 2nd line functions to embed a strong risk culture, deliver sustainable regulatory outcomes, and continuously enhance governance, monitoring, and control frameworks. Supports the business/group leader in the effective implementation, maintenance and administration of first line of defense (1st LOD) programs (e.g., operational risk, regulatory, etc.), including overseeing business governance operations within the jurisdiction to ensure adherence and efficiency. Contributes to a strong risk management culture through collaboration with other first line employees, and second & third line functions to ensure Compliance, or operational risks are identified, mitigated, monitored and reported on an ongoing basis. Monitors and advises on management of risk requirements within the defined risk appetite for project implementation and execution. Manages/supports large/complex risk programs/frameworks /projects/initiatives to ensure risks are appropriately mitigated and regulations adhered to. Monitors industry and legislative developments and continuously updates programs to ensure they are competitive and effective Supports the position on regulatory compliance Issues by interpreting requirements (existing, new and emerging) and identifying, analysing and addressing resultant gaps and issues, including those raised through the review of change initiatives. Understands the identified risk exposures and supports the development of action plans required to mitigate identified risks. Tracks exception/exemption requests and corresponding approvals, ensuring business is aligned and documenting decisions. Supports multiple, varied business units with corresponding number of regulators, providing effective integration and implementation of regulatory programs impacting P&BB to ensure adherence to regulatory requirements. Acts as a subject matter expert in the evaluation, development and implementation of an internal control system. Supports the execution of strategic initiatives in collaboration with internal and external stakeholders. Builds effective relationships with internal/external stakeholders. Breaks down strategic problems, and analyses data and information to provide insights and recommendations. 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. Develops, documents and maintains business/group procedures updating and obtaining approvals as regulations or the operating environment changes and communicates changes to the business/group & relevant stakeholder groups. Designs measurable sustainment strategies including assessing and recommending mitigations for industry/ segment-specific risks and prioritizing opportunities presented by internal and external stakeholders. Ensure robust Monitoring and Controls are designed, documented, and tracked, including readiness, ownership, and governance sign-off prior to BAU transition Provides quality control for investigations, self-reports, examinations and independent reviews conducted by internal and external stakeholders, including regulators, providing verbal and written responses to requests for positions, action plans, information and/or documentation Builds awareness, knowledge, and skills and, as necessary, provides communication, practical tools and ongoing support including making presentations, to promote a culture of risk identification and management. Supports the management of 1st LOD program for the business/group in compliance with appropriate principles, standards & direction from the second line of defense groups. Includes developing and promoting program and ensuring the execution of all program components. Works with assigned business/group leaders to implement 1st LOD programs and frameworks, developing and maintaining an in-depth understanding of the applicable regulatory and internal risk management requirements. Interprets and provides advice on the application of the requirements for the business/group. Develops and maintains an understanding of the business/group strategies and objectives, products and services, internal and external stakeholders and business processes as well as the underlying infrastructure to identify and manage implications and risk exposures for the business/group. Identifies, investigates, analyzes, documents & mitigates program risks, taking into account jurisdictional issues, and raises any issues or concerns to senior leaders and other stakeholders. Analyzes the impact and effectiveness of the Governance across business units, ensuring effective 1st LOD program through periodic reviews. Recommends adjustments to the overall program, policy or processes within the business/group in accordance with the Risk Appetite Statement, Governance and Corporate Policy. Supports the business/group through internal/external audits or regulatory examinations and assists in development of action plans to resolve any identified issues. Provides support to the development and delivery of training and awareness programs within the business/group to increase awareness of and compliance to risk management requirements. Focus is primarily on business/group within BMO; may have broader, enterprise-wide focus. Provides specialized consulting, analytical and technical support. Exercises judgment to identify, diagnose, and solve problems within given rules. Works independently and regularly handles non-routine situations. Broader work or accountabilities may be assigned as needed.

Requirements

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.
Program management skills - In-depth.
Deep knowledge and technical proficiency gained through extensive education and business experience.
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.
Proven track record of regulatory project / program implementation and delivery while managing and influencing multiple stakeholders.
Possesses a deep understanding of and problem-solving ability for issues within the business/group.
Able to navigate challenging situations effectively and manage ambiguity.
Able to resolve project roadblocks/risks effectively and raise to leadership for decisioning when required.
Knowledge and expertise office productivity software – e.g., MS PowerPoint, MS Word, MS Excel - In depth.

Responsibilities

Acts as end-to-end lead for regulatory projects, ensuring strong governance, effective controls, and compliance across multiple business units and regulators.
Acts as a subject-matter expert and strategic advisor, interpreting regulatory requirements, identifying and mitigating risk exposures, and overseeing complex programs, change initiatives, audits, and examinations within defined risk appetite.
Partners closely with business leaders and 1st and 2nd line functions to embed a strong risk culture, deliver sustainable regulatory outcomes, and continuously enhance governance, monitoring, and control frameworks.
Supports the business/group leader in the effective implementation, maintenance and administration of first line of defense (1st LOD) programs (e.g., operational risk, regulatory, etc.), including overseeing business governance operations within the jurisdiction to ensure adherence and efficiency.
Contributes to a strong risk management culture through collaboration with other first line employees, and second & third line functions to ensure Compliance, or operational risks are identified, mitigated, monitored and reported on an ongoing basis.
Monitors and advises on management of risk requirements within the defined risk appetite for project implementation and execution.
Manages/supports large/complex risk programs/frameworks /projects/initiatives to ensure risks are appropriately mitigated and regulations adhered to.
Monitors industry and legislative developments and continuously updates programs to ensure they are competitive and effective.
Supports the position on regulatory compliance Issues by interpreting requirements (existing, new and emerging) and identifying, analysing and addressing resultant gaps and issues, including those raised through the review of change initiatives.
Understands the identified risk exposures and supports the development of action plans required to mitigate identified risks.
Tracks exception/exemption requests and corresponding approvals, ensuring business is aligned and documenting decisions.
Supports multiple, varied business units with corresponding number of regulators, providing effective integration and implementation of regulatory programs impacting P&BB to ensure adherence to regulatory requirements.
Acts as a subject matter expert in the evaluation, development and implementation of an internal control system.
Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.
Builds effective relationships with internal/external stakeholders.
Breaks down strategic problems, and analyses data and information to provide insights and recommendations.
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.
Develops, documents and maintains business/group procedures updating and obtaining approvals as regulations or the operating environment changes and communicates changes to the business/group & relevant stakeholder groups.
Designs measurable sustainment strategies including assessing and recommending mitigations for industry/ segment-specific risks and prioritizing opportunities presented by internal and external stakeholders.
Ensure robust Monitoring and Controls are designed, documented, and tracked, including readiness, ownership, and governance sign-off prior to BAU transition.
Provides quality control for investigations, self-reports, examinations and independent reviews conducted by internal and external stakeholders, including regulators, providing verbal and written responses to requests for positions, action plans, information and/or documentation.
Builds awareness, knowledge, and skills and, as necessary, provides communication, practical tools and ongoing support including making presentations, to promote a culture of risk identification and management.
Supports the management of 1st LOD program for the business/group in compliance with appropriate principles, standards & direction from the second line of defense groups.
Works with assigned business/group leaders to implement 1st LOD programs and frameworks, developing and maintaining an in-depth understanding of the applicable regulatory and internal risk management requirements.
Interprets and provides advice on the application of the requirements for the business/group.
Develops and maintains an understanding of the business/group strategies and objectives, products and services, internal and external stakeholders and business processes as well as the underlying infrastructure to identify and manage implications and risk exposures for the business/group.
Identifies, investigates, analyzes, documents & mitigates program risks, taking into account jurisdictional issues, and raises any issues or concerns to senior leaders and other stakeholders.
Analyzes the impact and effectiveness of the Governance across business units, ensuring effective 1st LOD program through periodic reviews.
Recommends adjustments to the overall program, policy or processes within the business/group in accordance with the Risk Appetite Statement, Governance and Corporate Policy.
Supports the business/group through internal/external audits or regulatory examinations and assists in development of action plans to resolve any identified issues.
Provides support to the development and delivery of training and awareness programs within the business/group to increase awareness of and compliance to risk management requirements.
Provides specialized consulting, analytical and technical support.
Exercises judgment to identify, diagnose, and solve problems within given rules.
Works independently and regularly handles non-routine situations.
Broader work or accountabilities may be assigned as needed.