Senior Compliance Officer

Bank of Montreal•Chicago, IL

About The Position

The Compliance Program Management Team is a central compliance governance function that establishes, implements, and administers processes that support the Compliance function. The responsibilities of the Senior Compliance Officer position include identification of risk and undertaking actions to mitigate risk, improving/streamlining processes, project management, and support of 2L stakeholders. Additional specifics are noted below: Builds effective professional relationships with business groups, internal/external stakeholders, and trust with regulators. Analyses and reports on compliance related data to provide insights on regulatory risk. Assists with Quality Assurance activities to ensure regulatory compliance controls are operating and aligned to regulatory requirements. Elevates high profile issues/risk cases to Compliance and business/group management for prompt resolution. Assists in Change Management activities. Represents the Compliance team and may interact with examiners/auditors during internal, external and regulatory audits and examinations. Operates effectively within a high stress environment with constantly changing expectations and regulatory & audit scrutiny. Works independently and regularly handles non-routine situations. Broader work or accountabilities may be assigned as needed.

Requirements

Typically minimum of 6 years of Compliance/Risk Management experience.
Recognized compliance certificate or equivalent preferred.
Strong communication, critical thinking, relationship management and project management skills.
Basic technological proficiency in Microsoft Office products.
Verbal & written communication skills - In-depth.
Collaboration & team skills - In-depth.
Analytical and problem solving skills - In-depth.
Influence skills - In-depth.
Ability to learn quickly and work on tasks with minimal supervision.

Nice To Haves

Recognized compliance certificate or equivalent preferred.

Responsibilities

identification of risk and undertaking actions to mitigate risk
improving/streamlining processes
project management
support of 2L stakeholders
Builds effective professional relationships with business groups, internal/external stakeholders, and trust with regulators.
Analyses and reports on compliance related data to provide insights on regulatory risk.
Assists with Quality Assurance activities to ensure regulatory compliance controls are operating and aligned to regulatory requirements.
Elevates high profile issues/risk cases to Compliance and business/group management for prompt resolution.
Assists in Change Management activities.
Represents the Compliance team and may interact with examiners/auditors during internal, external and regulatory audits and examinations.
Operates effectively within a high stress environment with constantly changing expectations and regulatory & audit scrutiny.
Works independently and regularly handles non-routine situations.
Broader work or accountabilities may be assigned as needed.