Senior Advisor, Strategic Risk

BMO•Toronto, ON

9d•Onsite

About The Position

The Senior Advisor, Strategic Risk supports the enablement and ongoing evolution of the Strategic Risk Management Program, contributes to independent oversight activities, and supports the aggregation and preparation of decision‑ready Strategic Risk insights for senior management and governance forums. The role works collaboratively with the Strategy team, enterprise risk programs, governance partners, and other risk groups to embed Strategic Risk considerations across strategic planning, change, and risk management processes, in alignment with the Risk Management Framework.

Requirements

Typically 7+ years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
Experience in risk management, audit, compliance, governance is preferred.
In-depth knowledge of business and regulatory environment.
In-depth/expert knowledge & experience with risk policy frameworks; quality control/testing frameworks. e.g. SOX 404, COBIT and COSO frameworks.
Seasoned professional with a combination of education, experience and industry knowledge.
Verbal & written communication skills - In-depth / Expert.
Analytical and problem-solving skills - In-depth / Expert.
Influence skills - In-depth / Expert.
Collaboration & team skills; with a focus on cross-group collaboration - In-depth / Expert.
Able to manage ambiguity.
Data driven decision making - In-depth / Expert.

Responsibilities

Develops and maintains an effective internal control framework and governance system, including policies, guidelines, programs, practices and measures.
Leads the development and maintenance of the internal controls governance system and framework.
Documents the internal control governance system, processes and framework to describe compliance requirements, activities, processes, roles & responsibilities.
Performs testing on design of controls (observation, inspection, replication, recalculation).
Reviews processes, identifies opportunities for risk mitigation, and recommends changes.
Coordinates and participates in oversight/governance activities (reporting, training, regulatory administration, policy review/updates).
Manages the review and sign‑off process for relevant regulatory reporting.
Provides strategic input into business decisions as a trusted advisor.
Makes recommendations to senior leaders on strategy and new initiatives.
Acts as a subject matter expert on relevant regulations and policies.
Interprets new or changing regulations and assesses impacts to governance frameworks.
Acts as the prime subject matter expert for internal/external stakeholders.
Provides advice and guidance to assigned business/group on the implementation of the control framework, including effective challenge.
Analyzes data and information to provide insights and recommendations.
Designs and produces regular and ad‑hoc reports and dashboards.
Develops reports on the status of the governance program or framework components.
Leads and integrates monitoring, measurement and reporting on the status of the internal controls governance framework/program.
Identifies emerging issues and trends to inform decision‑making.
Conducts independent analysis and assessment to resolve strategic issues.
Designs and/or leads initiatives to improve processes, analysis and reporting.
Leads the design, implementation and management of core business/group processes.
Leads change management programs (readiness assessments, planning, stakeholder management, execution, evaluation, sustainment).
Leads the execution of operational programs; assesses and adapts as needed.
Develops governance and control‑related solutions based on business strategy and stakeholder needs.
Develops tools, checklists and communications to address gaps, issues and new requirements.
Implements changes in response to shifting trends.
Builds effective relationships with internal/external stakeholders and ensures alignment.
Influences and negotiates to achieve business objectives.
Consults with stakeholders to improve consistency and transparency of control measurement/metrics and reporting.
May network with industry contacts to gain competitive insights and best practices.
Recommends business priorities, advises on resource requirements and develops roadmap for strategic execution.
Manages resources and leads the execution of strategic initiatives.
Leads the development of the communication strategy.
Operates at a group/enterprise‑wide level and serves as a specialist resource.