BMO Financial Group
Financial Services
Manager,BusinessCompliance
“Manager, Business Compliance at BMO Financial Group. Skills: Regulatory Compliance, Business Support, Risk Management. Provide regulatory compliance advice. Interpret regulations”
What You'll Achieve.
Ensure compliance risks are appropriately identified, risk assessed, mitigated and regulations adhered to; Ensure completeness of the regulations mapped to the business; Ensure controls to support regulatory compliance are documented and appropriately risk assessed; Ensure policies, processes, procedures, controls, and technology needs comply with regulatory developments/requirements; Ensure satisfactory resolution of complex, contentious, or sensitive regulatory compliance issues; Ensure 100% completion of annual Volcker training
Industry & Context.
Breaks down strategic problems, and analyses data and information to provide insights and compliance related recommendations; Exercises judgment to identify, diagnose, and solve problems within given rules; Ability to demonstrate effective use of judgment, interpretation, knowledge, and skill in the application of regulations and compliance requirements
What They're Looking For.
Must Have
5 - 7 years of relevant experience (i.e., Trust, Insurance Business Banking), Post-secondary degree in related field of study or an equivalent combination of education and experience, Trust & Estate Practitioner (TEP) designation, Income Tax Act knowledge, Legal - Trust, Insurance, Banking, Insurance Business experience
What You'll Do.
Provide regulatory compliance advice
Interpret regulations
Advise on regulatory requirements
Lead ECP implementation
Manage compliance programs
Support business leaders
Maintain regulation inventory
Develop business understanding
Participate in stakeholder discussions
Build change management plans
Complete supplier risk assessments
Develop/assess action plans
Report to senior management
Document risk assessments
Provide feedback on policies
Develop business compliance policies
Make recommendations for practices
Conduct impact assessments
Participate in project meetings
Attend industry meetings
Support compliance training
Provide training to employees
Support compliance reviews
Support EIASI clients
Provide compliance training
Maintain policies and procedures
Complete client attestations
Support Platinum Banking executives
Understand policy changes
Maintain Trust business mailbox
Support new trust clients
Monitor Volcker training completion
Participate in committee meetings
Provide compliance support
Attend industry calls
Socialize industry material
Collaborate on changes
Maintain Locked In Plan addenda
Respond to registered plan inquiries
Outline risks for registered plans
How You'll Work.
Team & Collaboration
Works with business/group leaders; Works with 2nd Line Compliance; Works with Legal; Collaborate with individuals across business units; Builds effective relationships with internal/external senior stakeholders
Communication Scope
Expert verbal and written communication skills; Expert presentation skills
Process & Methodology
Manage/support large/complex compliance programs/frameworks /projects/initiatives, Program management skills - In-depth
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