BMO U.S. · 11 hours ago
Senior Manager, US Operational Non Financial Risk Governance
Chicago, IL
Full-time
Onsite
Mid, Senior Level
$102K/yr - $190K/yr
7+ years expBMO U.S. is a financial services company dedicated to creating positive change for customers and communities. They are seeking a Senior Manager for US Operational Non Financial Risk Governance to oversee operational risks and develop management frameworks, ensuring compliance and effective monitoring across the organization.
Banking
Responsibilities
Provides oversight, monitoring and reporting on operational risks for a designated portfolio
Develops and monitors the operational management framework that includes the governance framework & practices leveraged across BMO to manage operational risks
Provides policies & standards, methodologies and controls that increase transparency, accuracy and consistency across groups
Works with stakeholders to implement the methodology, metrics and program standards for the assigned portfolio to ensure compliance as well as effective monitoring, timely reporting and identification of action plans
Provides strategic input into business decisions as a trusted advisor
Makes recommendations to senior leaders on strategy and new initiatives, based on an in-depth understanding of the business/group
Acts as a subject matter expert on relevant regulations and policies
May network with industry contacts to gain competitive insights and best practices
Interprets new regulations and assesses impacts to the governance framework
Develops reports on the status of the governance program or framework components to various internal & external stakeholder audiences
Influences and negotiates to achieve business objectives
Identifies emerging issues and trends to inform decision-making
Recommends business priorities, advises on resource requirements and develops roadmap for strategic execution
Manages resources and leads the execution of strategic initiatives to deliver on business and financial goals
Measures the effectiveness of risk governance system and framework; recommends changes as required
Conducts independent analysis and assessment to resolve strategic issues
Leads the development and maintenance of the governance system and framework
Acts as the prime subject matter expert for internal/external stakeholders
Represents the model validation program / portfolio for internal/external regulatory audits and/or examinations
Ensures alignment between stakeholders
Designs and produces regular and ad-hoc reports, and dashboards
Develops and manages comprehensive information management systems; designs and/or leads initiatives to improve processes, analysis and reporting
Defines business requirements for analytics & reporting to ensure data insights inform business decision making
Leads change management programs of varying scope and type, including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives
Leads the development of the communication strategy focusing on positively influencing or changing behaviour
Leads the execution of operational programs; assesses and adapts as needed to ensure quality of execution
Manages the review and sign-off process for relevant regulatory reporting
Leads and integrates the monitoring, measurement & reporting on the status of the operational risk governance program to internal & external stakeholders
Leads the management of governance meetings and maintenance of governing body mandates, oversight and approval guidelines
May provide specialized support for other internal and external regulatory requirements
Provides input into the planning and implementation of ongoing operational programs in support of the operational risk framework
Leads/participates in the design, implementation and management of core business/group processes
Administers and maintains operational risk program activities in adherence to all policies, procedures and established processes
Identifies potential risk situations/ impacts, and make recommendations or escalates to the manager, as per guidelines
Develops and maintains in-depth knowledge of business and related risk management requirements and legislative/ regulatory directives and guidance
Builds effective relationships with internal/external stakeholders e.g. business stakeholders and Corporate Support Areas (CSAs) in providing ‘second line of defense’ operational risk management support
Analyzes data and information to provide insights and recommendations; includes identification of risk impacts for new processes and workflows related to initiatives
Monitors and tracks performance; addresses any issues
Coordinates and monitors the review and sign-off of attestations and reporting
Maintains tools and templates for operational risk programs (e.g., Risk Control Self Assessment (RCSA), Sarbanes-Oxley (SOX) or regulatory compliance), as required
Operates at a group/enterprise-wide level and serves as a specialist resource to senior leaders and stakeholders
Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to problems that can be complex and non-routine
Implements changes in response to shifting trends
Broader work or accountabilities may be assigned as needed
Qualification
Required
Typically 7+ years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience
In-depth / expert knowledge operational risk management practices
In-depth / expert knowledge of the designated business / product portfolio
In-depth / expert knowledge of regulatory requirements
In-depth / expert knowledge of quantitative techniques and economic capital methodologies
In-depth / expert knowledge & experience with risk policy frameworks; quality control / testing frameworks
Seasoned professional with a combination of education, experience and industry knowledge
Verbal & written communication skills - In-depth / Expert
Analytical and problem solving skills - In-depth / Expert
Influence skills - In-depth / Expert
Collaboration & team skills; with a focus on cross-group collaboration - In-depth / Expert
Able to manage ambiguity
Data driven decision making - In-depth / Expert
Benefits
Health insurance
Tuition reimbursement
Accident and life insurance
Retirement savings plans
Company
BMO U.S.
We’re a bank, but there’s more to it than that. We're a top ten bank in North America and have been serving our customers since 1817.
5001-10000 employees
H1B Sponsorship
BMO U.S. has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (1)
2024 (11)
2023 (41)
2022 (22)
2021 (14)
2020 (21)
Funding
Current Stage
Late StageLeadership Team
Mike Morton
Vice Chair U.S. Commercial Banking
Recent News
2025-10-16
2025-09-23
Company data provided by crunchbase