Associate, Registrations & Governance

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The Associate, Registrations & Governance assists in the implementation, maintenance and administration of compliance programs. The role supports risk assessments, monitoring, testing and surveillance activities to ensure alignment with regulatory requirements and the BMO Compliance Program. Working closely with business partners and internal stakeholders, the Associate helps identify and mitigate regulatory risks, supports compliance reporting, and contributes to effective compliance oversight.

Responsibilities:
 

Compliance Oversight & Risk Management

• Provides advice and guidance to assigned business/group on implementation of solutions to manage regulatory risk based on an understanding of business operations and stakeholder needs.

• Conducts and/or effectively challenges risk assessments and assists in identifying more effective compliance controls.

• Performs and/or effectively challenges monitoring and testing activities to ensure regulatory compliance controls are operating and aligned to regulatory requirements.

• Supports root cause analysis in response to material control failures.

• Anticipates, identifies and analyses risks and consequences of unaddressed risk factors and compliance gaps, and recommends appropriate controls.

• Communicates the roles and importance of each of the three lines of defense and proactively identifies regulatory risk.
   

Issue Management & Reporting

• Identifies, assesses, effectively challenges and provides oversight on the satisfactory resolution of issues, including ensuring adequate management remediation plans and validation.

• Elevates high-profile issues and risk cases to Compliance and business/group management for prompt resolution.

• Analyzes and reports compliance information to Compliance and business/group management.

• Accesses, monitors and reports on sensitive Bank, customer, transactional and employee information to ensure compliance with regulatory requirements.
   

Advisory & Regulatory Support

• Develops and maintains a high level of expertise in regulations, directives and guidance applicable to the supported business groups.

• Provides input on emerging risks, regulatory developments and interpretation of regulations.

• Advises first line of defense management and employees on compliance matters.

• Consults on new products, services and automated systems to assist with incorporating compliance requirements.

• Assists business group management in communicating and implementing changes to applicable regulatory policies and procedures.

• Provides regulatory perspective on business group sales and marketing materials.
   

Relationship Management & Stakeholder Engagement

• Builds effective professional relationships with business lines, internal and external stakeholders, regulators, examiners and auditors.

• Represents the business/group Compliance team during internal, external and regulatory audits and examinations.

• Supports investigations and regulatory inquiries as required.
   

Process Improvement & Training

• Ascertains training needs and helps develop training based on gaps identified through compliance monitoring and testing.

• Identifies enhancements to business group compliance tools and processes and communicates them to required stakeholders.
   

Additional Accountabilities

• Operates effectively within a high-stress environment with constantly changing expectations and regulatory and audit scrutiny.

• Exercises judgment to identify, diagnose and solve problems within established guidelines.

• Works independently on a range of complex tasks, including unique situations.

• Focus is primarily on business/group within BMO and may have a broader, enterprise-wide focus.

• Broader work or accountabilities may be assigned as needed.
   

Qualifications

• Typically 3 to 5 years of relevant experience and a post-secondary degree in a related field of study, or an equivalent combination of education and experience.

• Recognized compliance certificate or equivalent preferred.

• Proficient knowledge of consumer protection and related marketing and advertising guidelines.

• Proficient knowledge of a compliance field.

• Strong knowledge of business operations, procedures and activities involving documented practices.

• Strong communication, critical thinking, relationship management and project management skills.

• Technical proficiency gained through education and/or business experience.

• Verbal and written communication skills, in-depth.

• Collaboration and team skills, in-depth.

• Analytical and problem-solving skills, in-depth.

• Influence skills, in-depth.

• Data-driven decision making, in-depth.

Salary:

Pay Type:

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 http://jobs.bmo.com/us/en

BMO is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristics. We also consider applicants with criminal histories, consistent with applicable federal, state and local law.

BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to [email protected] and let us know the nature of your request and your contact information.

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.