Senior Manager, Enterprise Third-Party Risk Management

BMOChicago, IL
2d$102,000 - $190,000

About The Position

This Senior Manager role within the Enterprise Third-Party Risk Management (TPRM) team provides a unique opportunity to shape the design and evolution of the enterprise TPRM Framework, while delivering strong 2nd Line Operational Risk oversight across the third-party lifecycle. You will collaborate with senior leaders, subject matter experts, and cross-functional partners to strengthen our risk management ecosystem and ensure adherence to regulatory expectations. As part of the TPRM team, you will actively contribute to: - Designing, enhancing, and maintaining the enterprise-wide TPRM Framework, including policies, standards, assessment methodologies, and lifecycle requirements. - Ensuring alignment of TPRM practices with regulatory expectations. - Providing 2nd Line Operational Risk oversight and effective challenge over Line-of-Business third-party risk-taking activities. - Ensuring adherence to the Enterprise Operational Risk Management Framework.

Requirements

  • 7–10+ years of combined experience in Operational Risk Management, Third-Party Risk, Vendor Risk, or related risk disciplines.
  • Strong experience in 2nd Line oversight and effective challenge.
  • Deep understanding of Third-Party Risk lifecycle processes and associated regulatory expectations.
  • Strong analytical, reporting, and communication abilities.
  • Ability to manage multiple priorities, influence stakeholders, and drive meaningful improvement.

Nice To Haves

  • Undergraduate degree required; graduate degree or professional certification (e.g., CRVPM, CRISC, CISM, ORM) preferred.
  • Exposure to cyber or technology risk oversight is a strong advantage.

Responsibilities

  • Design and Enhancement of TPRM Framework
  • Operational Risk Oversight & Effective Challenge
  • Data, Analytics & Reporting
  • Regulatory Engagement
  • Relationship Management

Benefits

  • BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans.
  • To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards
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