Posted:
9/17/2024, 2:02:18 AM
Location(s):
Illinois, United States ⋅ Chicago, Illinois, United States
Experience Level(s):
Senior
Field(s):
Business & Strategy
Application Deadline:
Address:
320 S Canal StreetJob Family Group:
Business ManagementEnhance operational efficiency through developing standardized processes that align with best practices, ensuring consistency and scalability; identify and integrate the necessary solutions to support the streamlined processes, including automation tools; lead change management initiatives to ensure smooth transitions to new processes, including training and support for staff; ensure all processes comply with relevant regulations and guidance, and identify potential risks to mitigate them effectively.
- Assess, configure, and maintain business infrastructure systems to ensure they meet Wealth Management's business needs and manages risk appropriately
- Evaluate existing processes/systems and determine ways to change those processes to better align to support business operations for increased efficiency and meet regulatory requirements
- Oversee the implementation, integration, and maintenance of the new infrastructure
- Provide strategic thinking and thought leadership and guidance on how to effectively build an infrastructure that will allow for more effective and efficient testing
- Support the business/group leader in the effective implementation and maintenance of 1LOD programs
- Contributes to a strong risk management culture through collaboration across the three-lines of defense functions to ensure risks are identified, mitigated, monitored and reported on an ongoing basis
- Works with assigned business/group leaders to implement 1st LOD programs and frameworks, developing and maintaining an in-depth understanding of the applicable regulatory and internal risk management requirements. Interprets and provides advice on the application of the requirements for the business/group
- Develops and maintains an understanding of the business/group strategies and objectives, products and services, internal and external stakeholders and business processes as well as the underlying infrastructure to identify and manage implications and risk exposures for the business/group.
- Determine adjustments to the overall program, policy or processes in accordance with the Risk Appetite Statement, Governance and Corporate Policy and implement those adjustments
Qualifications
-Typically 7+ years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience
- Engineering / data science background
- Fluent in business process analysis
- Risk / Financial Services background
- Ability to relate common business needs and operational demand to process improvement
- Verbal & written communication skills - In-depth / Expert
- Analytical and problem solving skills - In-depth / Expert.
- Seasoned expert with extensive industry knowledge
- Technical leader viewed as a thought leader for innovation
- Data driven decision making - In-depth
- Collaboration & team skills; with a focus on cross-group collaboration - In-depth / Expert
- Able to manage ambiguity.
Salary:
$100,000.00 - $185,500.00Pay Type:
SalariedThe above represents BMO Financial Group’s pay range and type.
Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.
BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. 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
We’re here to help
At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.
As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset.
To find out more visit us at http://jobs.bmo.com/us/en
BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. BMO is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.
Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.
Website: https://www.bmo.com/
Headquarter Location: Toronto, Ontario, Canada
Employee Count: 10001+
Year Founded: 1817
IPO Status: Public
Last Funding Type: Post-IPO Equity
Industries: Banking ⋅ Crowdfunding ⋅ Finance ⋅ Financial Services