Business Risk Advisory and Controls (BRAC) Operations

Address:

• Supports Operations business units including Collections and Strategic Initiatives & Enablement, each with distinct risk profiles and regulatory requirements.
• Advises business partners on risk and control design, documentation, and implementation to ensure alignment with enterprise frameworks.
• Leads and supports execution of core risk and control activities, including RCSA, PRC, PSPRA, RCRA, and issue management.
• Partners with first-line (1A) stakeholders to update and maintain risk artifacts (processes, risks, controls, issues) in GRCE, ensuring accuracy and timely updates.
• Interprets regulatory requirements and internal policies, identifying gaps and supporting development of remediation actions.
• Drives issue identification, root cause analysis, and remediation tracking in alignment with audit and regulatory expectations.
• Acts as a subject matter expert in governance, risk, and control frameworks, including regulatory compliance and control mapping.
• Builds strong relationships with business partners to reinforce accountability and ownership of risks and controls.
• Collaborates with second and third line partners to support audits, regulatory reviews, and effective challenge processes.
• Supports regulatory change initiatives by assessing impacts to processes and controls and coordinating required updates.
• Analyzes risk data and trends to provide insights and recommendations for continuous improvement.

Qualifications

• 5–7 years of experience in risk management, governance, compliance, or a related field, or equivalent combination of education and experience.
• Strong knowledge of governance, risk, and control frameworks and lifecycle activities.
• Experience working with risk management systems (e.g., GRCE) and managing risk artifacts.
• Strong analytical, problem-solving, and decision-making skills.
• Effective communication and stakeholder management skills, with the ability to influence and partner with business teams.
• Ability to work independently and manage multiple priorities in a dynamic environment.

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.