Business Risk Advisory and Controls (BRAC) Operations

Responsibilities

• Support Operations business units, including Collections and Strategic Initiatives & Enablement, by advising on risk and control design and implementation.
• Lead core risk and control activities such as RCSA, PRC, PSPRA, RCRA, and issue management.
• Partner with first-line stakeholders to maintain risk artifacts (processes, risks, controls, and issues) within GRCE systems.
• Interpret regulatory requirements and internal policies to identify gaps and support remediation actions.
• Drive issue identification, root cause analysis, and remediation tracking to meet audit and regulatory expectations.
• Collaborate with second and third-line partners to support audits, regulatory reviews, and effective challenge processes.
• Analyze risk data and trends to provide actionable insights and recommendations for continuous improvement.

Requirements

• 5–7 years of experience in risk management, governance, compliance, or a related field.
• Strong knowledge of governance, risk, and control frameworks and lifecycle activities.
• Hands-on experience working with risk management systems, specifically GRCE.
• Strong analytical, problem-solving, and decision-making skills.
• Effective communication and stakeholder management skills with the ability to influence business teams.
• Ability to work independently and manage multiple priorities in a dynamic environment.

Benefits

• Competitive salary range ($69,000 - $129,000).
• Performance-based incentives and discretionary bonuses.
• Comprehensive health insurance and accident/life insurance.
• Tuition reimbursement and retirement savings plans.

About the Company

BMO is a leading North American bank driven by a single purpose: to Boldly Grow the Good in business and life. With more than 12 million customers, we provide personal and commercial banking, wealth management, and investment services across Canada, the United States, and globally.