Vice President, Capital Markets Supervision

BMO•New York, NY

2d•$140,000 - $190,000•Onsite

About The Position

The VP, Capital Markets Supervision (CMS) will be responsible for executing supervision and regulatory risk management functions within BMO Capital Markets, specifically supporting the US Investment Banking (IB) Line of Business (LOB). This role performs supervisory controls, ensuring that they are effectively designed and executed to mitigate risk and support compliant, revenue-generating activities. The VP, US IB Supervisor executes and is responsible for the effectiveness of the First Line of Defense supervisory framework, supporting the US IB Line of Business. The role provides guidance on regulatory risk management activities and conducts monitoring activities to validate that the LOB is conforming to applicable regulation and BMO policies. The Global Head of I&CB has formally delegated to the CM Supervision team the authority to assess regulatory risks, evaluate control effectiveness, and drive remediation where gaps are identified. The role serves as a key liaison between the Line of Business and enterprise stakeholders, including Second Line Compliance, Enterprise Legal and Regulatory Compliance, Internal and External Audit, Financial Risk, Operational Risk, and Regulators (i.e., FINRA and SEC). The position is engaged in the design, governance, and ongoing execution of supervisory controls, including monitoring programs, risk assessments, and issue management processes. The VP is also responsible for fostering a strong culture of compliance within US IB, promoting proactive risk identification and control enhancement. The role works closely with team members across I&CB and Global Markets, as well as with Canadian and UK counterparts, to ensure consistency of supervisory standards and cross‑jurisdictional alignment where applicable.

Requirements

Undergraduate degree required
5-7 years of experience in financial services, preferably with direct knowledge of US Investment Banking regulations
Experience in compliance, supervision, or regulatory risk management within a major broker‑dealer
Strong understanding of I&CB products, business models, and associated risks
Strong knowledge of supervisory controls, risk assessment methodologies, and issue management practices
Solid understanding of enterprise governance structures and three‑lines‑of‑defense models
Familiarity with market, credit, and operational risk frameworks
Strong judgment and decision‑making capabilities
Be a credible resource to senior business leadership for clarification and resolution of supervisory matters
Excellent written and verbal communication skills, including the ability to distill complex regulatory requirements and discern applicability to BMO CM and US IB
Proven ability to interact with senior stakeholders and manage relationships across all three Lines of Defense and Corporate Support functions
Strong analytical and problem‑solving skills
Ability to manage multiple priorities in a fast‑paced, highly regulated environment
High degree of professionalism and integrity
Collaborative, service‑oriented leader with a proactive and solutions‑focused mindset
Ability to provide effective challenge and escalate concerns in a balanced and professional manner
Ability to work independently to execute controls and monitor regulatory risk
Ability to deal with sensitive issues with tact and discretion
Desire to learn and / or utilize AI capabilities to improve the Supervision Program

Nice To Haves

advanced degree (MBA, CPA, JD/LLB) is a plus
FINRA registrations are a plus, including Series 24

Responsibilities

Maintain and execute controls for various US IB regulatory requirements
Perform electronic communications surveillance
Document and maintain Written Supervisory Procedures and related Policies and Procedures, applicable to US IB
Assist in the documentation and remediation of regulatory issues and/or address control deficiencies highlighted by the 3 Lines of Defense Testing Programs
Investigate and respond to regulatory inquiries from 2nd Line Compliance, External Regulators and internal information requests from Audit
Contribute to the formal reporting of Supervisory results back to US IB Senior Management, highlighting any areas of heightened risk
Assist in the interpretation of new and existing regulatory requirements applicable to the US IB business
Actively explore opportunities to introduce AI and automation into the monitoring process to improve efficiency
Provide regulatory guidance to business stakeholders on initiatives and real-time guidance on IB deals
Provide Front Office Personnel Onboarding and Registrations Guidance and Administration
Participate in various risk assessments that impact US IB
Identify and escalate new risks that arise from monitoring activities to business management and 2nd line Compliance and feed through applicable risk assessment programs
Work closely with Regulatory Transformation Dept and Compliance to analyze the impact of regulatory changes on the US IB LOB and assist in developing requisite controls