Senior Manager, Risk Governance

BMO•Chicago, IL

3d•$102,000 - $190,000

About The Position

This role is part of the Risk Governance Office (RGO) within Enterprise Risk Management (ERM), which is part of Enterprise Risk & Portfolio Management (ERPM), BMO's second line of defense. The Risk Governance Office is responsible for developing, maintaining, and overseeing the frameworks, standards, methodologies, and practices that support effective risk governance, clear accountability, and consistent execution of the Risk Management Framework (RMF) across the enterprise and Combined U.S. Operations (CUSO). The Senior Manager, Risk Governance leads the design, implementation, oversight, and continuous enhancement of risk governance frameworks, standards, and practices that support effective oversight, transparency, accountability, and regulatory compliance. The role provides thought leadership, governance expertise, independent challenge, and strategic advisory support to help ensure governance requirements remain effective and are implemented consistently across the organization.

Requirements

Typically 7-10 years of experience in risk management, governance, compliance, audit, internal controls, regulatory management, or related disciplines.
Significant experience developing, implementing, or overseeing governance frameworks, policies, standards, controls, or enterprise oversight programs.
Strong understanding of governance, risk management, regulatory expectations, and internal control principles within a large financial institution.
Demonstrated ability to lead complex, cross-functional initiatives and influence senior stakeholders.
Strong strategic thinking, analytical, problem-solving, communication, and relationship management skills.
Ability to operate independently and exercise judgment on complex governance, regulatory, and business matters.

Responsibilities

Leads the design, development, implementation, and ongoing enhancement of risk governance frameworks, standards, methodologies, and supporting guidance.
Establishes and maintains governance practices that support effective execution of the Risk Management Framework and alignment with regulatory expectations, industry practices, and business strategy.
Provides strategic advice, governance expertise, and effective challenge to stakeholders on the application and implementation of governance frameworks, policies, standards, and requirements.
Leads assessments of governance effectiveness and identifies opportunities to strengthen governance practices, oversight activities, operating models, and control environments.
Oversees the development of governance reporting, metrics, dashboards, and management information, providing insights and recommendations to support executive decision-making.
Identifies emerging governance, regulatory, and industry trends and translates them into actionable recommendations to enhance governance frameworks and practices.
Leads complex governance, regulatory, and strategic initiatives, including framework enhancements, implementation activities, stakeholder engagement, communications, and change management.
Supports regulatory examinations, audits, reviews, and remediation activities, acting as a key governance subject matter expert.
Develops governance tools, methodologies, and supporting resources that promote consistency, transparency, and effective governance execution.
Influences senior stakeholders across business groups, corporate functions, and jurisdictions to drive alignment and effective governance outcomes.
Builds strong partnerships across the three lines of defense and provides leadership on governance-related matters impacting the enterprise.
Analyzes complex information and exercises sound judgment to identify issues, risks, and opportunities, developing practical and sustainable solutions.