AI Risk Analyst

Address:

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.

Core Responsibilities

• Supports the design, development, and implementation of automation solutions across the AI risk lifecycle and broader risk oversight activities/
• Builds, tests, maintains, and documents workflow automation solutions (e.g., Power Platform, workflow tools, data pipelines) under direction of senior team members.
• Identifies and implements opportunities to reduce manual effort, improve data quality, and enhance process efficiency and scalability.
• Maintains end-to-end documentation of workflows and processes to support auditability, traceability, and repeatability.

Data, Inventory & Reporting Support

• Produces and manages structured datasets to support risk oversight, monitoring, and reporting activities.
• Supports data quality management, including validation, standardization, and remediation of data gaps.
• Assists in the development of reporting outputs, dashboards, and metrics, ensuring consistency with data governance standards.
• Analyzes data to identify trends, process gaps, and potential risk impacts related to AI use cases and other risk initiatives.

AI Risk & Oversight Support

• Supports execution of AI risk officer activities, including intake review, portfolio monitoring, and use case assessments, as assigned.
• Performs initial analysis of new initiatives or workflows to identify potential risk considerations, escalating to senior team members as appropriate.
• Assists with the interpretation of regulatory requirements and internal policies, and their application to governance frameworks and processes.
• Supports execution of second line of defense (2LOD) oversight activities, ensuring alignment with established risk frameworks and standards.

Governance, Change & Stakeholder Support

• Supports the execution of governance and oversight processes, including reporting, attestations, and tracking of action items.
• Assists with governance forums and working groups, including coordination of materials, documentation, and follow-ups.
• Contributes to change management activities, primarily focused on execution, implementation, and sustainment.
• Supports the development of training materials, user guidance, and communication artifacts to improve adoption and consistency.
• Works with stakeholders to improve transparency, consistency, and usability of processes, metrics, and reporting outputs.

General Risk & Operational Support

• Administers and maintains risk program activities in accordance with policies, standards, and established procedures.
• Monitors and tracks workflow performance, identifying and addressing operational issues.
• Maintains tools, templates, and supporting artifacts used across risk programs (e.g., RCSA, regulatory tracking, inventory management), as required.
• Develops and maintains working knowledge of AI risk, operational risk, and relevant regulatory expectations.
• Builds effective working relationships with internal stakeholders and corporate support areas.
• Exercises judgment to identify and resolve problems within defined guidelines; escalates complex or ambiguous issues.
• Works independently on assigned tasks, including those involving non-routine or evolving requirements.
• Supports additional AI risk and adjacent risk activities as required, based on evolving priorities and regulatory expectations.

The 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

About Us

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 https://jobs.bmo.com/ca/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. 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.