Job Description

320 S Canal Street Chicago Illinois,60606

This role has a hybrid mandate: 3-4x /week in office

This is a Compliance Regulatory Change position within the Compliance Program Management team that is responsible for partnering with Legal, 2LOD and 1LOD teams. This position is responsible for identifying and monitoring regulatory changes applicable to BMO.

• Monitor, analyze and communicate regulatory developments promulgated by US and Canadian financial regulators.
• Communicate applicable regulatory developments to Legal and 2LOD for analysis and 1LOD for implementation.
• Conduct the day-to-day workflow of the RCM process working with stakeholders.
• Serve as the primary contact for stakeholders on the RCM process and GRC tool including questions, deliverables, and system access.
• Tracking and reporting of assigned items to impacted businesses, management teams and various committees.
• Partner with Legal colleagues to determine the applicability for inclusion of regulations in the RCM coverage universe.
• Manage and maintain the integrity of the regulatory inventory.
• Support the development and testing of automation and continued enhancement of the RCM process in the GRC tool.
• Review and update applicable RCM procedures and standard documents.
• Create and deliver RCM specific training to stakeholders.
• Escalate issues and risks to management where appropriate.
• Exercises judgment to identify, diagnose, and solve problems within given rules.
• Work independently and regularly handles non-routine situations.
• Complete various ad hoc project requests as needed/required.
• Broader work or accountabilities may be assigned as needed

• Broader work or accountabilities may be assigned as needed.

  Qualifications:

• Typically between 3 - 5 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
• Recognized compliance certificate or equivalent preferred.
• Proficient level of knowledge of a compliance field.
• Strong knowledge of business operations & procedures, and activities involving documented practices.
• Proficient in communication, critical thinking, relationship management and project management skills.
• Technical proficiency gained through education and/or business experience.
• Verbal & written communication skills - In-depth.
• Collaboration & team skills - In-depth.
• Analytical and problem solving skills - In-depth.
• Influence skills - In-depth.
• Data driven decision making - In-depth.

Salary:

$63,300.00 - $117,200.00

Pay Type:

Salaried

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:

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

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 BMOCareers.Support@bmo.com 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.

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