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BMOPosted 1 week ago

Managing Director, Risk Governance

$165–$200,000 year

On-siteToronto, Ontario, Canada

Full TimeSenior LevelEnterpriseBANKING

Job Summary

Lead the Risk Framework function to enable the Risk Management Framework as a single, integrated, forward-looking tool across the enterprise and U.S. Material Entities. Define and execute the RMF to ensure consistent application, effective operation, and alignment with strategic and regulatory expectations. Maintain Risk Governance architecture, administer the Material Entity framework, and drive consistent application across the three lines of defence. Provide authoritative advisory on core methodologies, identify systemic themes for enhancements, and promote the Bank's risk culture through open communication and effective challenge. Align priorities across team functions, develop leaders, and model One Bank leadership to foster an inclusive, high-performance environment.

Required Qualifications

  • University degree in business, finance, economics, law, risk management, or a related discipline
  • 8+ years of progressive experience leading enterprise risk management, risk governance, risk framework, regulatory, compliance, control, or related functions and strategic initiatives within a large, complex, regulated organization
  • Deep knowledge of risk management frameworks and governance practices, including Risk Management Frameworks, Three Lines of Defence, Effective Challenge, Risk Appetite, and related methodologies
  • Strong knowledge of Canadian and U.S. regulatory expectations, governance requirements, and supervisory practices applicable to large financial institutions
  • Demonstrated experience designing, implementing, and evolving enterprise-wide risk management frameworks, methodologies, standards, governance practices, or related strategic initiatives requiring enterprise-wide governance, regulatory oversight, and cross-functional alignment
  • Proven ability to provide strategic advice and influence senior executives, governance committees, regulators, and stakeholders across multiple business lines, jurisdictions, and functional areas
  • Strong understanding of the interrelationships between strategy, risk appetite, governance, risk management, organizational effectiveness, and business performance
  • Demonstrated ability to identify systemic issues, drive enterprise-wide alignment, and lead complex cross-functional initiatives with significant organizational, regulatory, or strategic impact
  • Exceptional strategic thinking, analytical, communication, and stakeholder management skills, with the ability to translate complex regulatory, governance, and risk management concepts into practical business outcomes
  • Proven track record of leading, developing, and retaining high-performing teams while fostering collaboration, accountability, and continuous improvement in a complex matrix environment

Desired Qualifications

  • Advanced degree and/or relevant professional designation

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