BMO Careers – Operations Specialist

Website BMO

Job Description:

Supports the business/group leader in the effective implementation, maintenance and administration of first line of defense (1st LOD) programs (e.g., operational and regulatory risk), including overseeing business operations within the jurisdiction to ensure adherence and efficiency for the CRS, FATCA and QI tax regimes. Contributes to a strong risk management culture through collaboration with other first line employees, and second & third line functions to ensure compliance or operational risks are identified, mitigated, monitored and reported on an ongoing basis.

Job Responsibilities:

  • Builds effective relationships with internal/external stakeholders.
  • Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.
  • Develops and implements risk mitigation strategies.
  • Breaks down strategic problems, and analyses data and information to provide insights and recommendations.
  • Supports multiple, similar business units with corresponding number of regulators.
  • Monitors and tracks performance, and addresses any issues.
  • Builds change management plans of varying scope and type; leads or participates in a variety of change management activities including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives.
  • Acts as a subject matter expert in the evaluation, development and implementation of an internal control system.
  • Ensures alignment between stakeholders.
  • Develops, documents and maintains business/group procedures updating and obtaining approvals as regulations or the operating environment changes and communicates changes to the business/group & relevant stakeholder groups.
  • Monitoring to ensure that 1st line jobs are following defined processes and procedures.
  • Assists with the implementation of risk management programs/ frameworks while identifying and minimizing negative impacts to the business.

Job Requirements:

  • Influence skills – In-depth.
  • Data driven decision making – In-depth.
  • Technical proficiency gained through education and/or business experience.
  • Verbal & written communication skills – In-depth.
  • Program Management – Good.
  • Collaboration & team skills – In-depth.
  • Analytical and problem solving skills – In-depth.

Qualification & Experience:

  • Typically between 2 -3 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
  • Experience with the CRS, FATCA and QI tax regimes.
  • Broadridge and Global Plus experience is an asset.

Job Details:

Company: BMO

Vacancy Type: Full Time

Job Location: Toronto, CA

Application Deadline: N/A

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