Manager, Business Compliance

Responsibilities

• Provide regulatory compliance advice and direction to Wealth business units, including Trust, Registered Plans, EIASI, and Platinum Banking.
• Interpret regulations and advise on the application of requirements to business processes and controls.
• Act as the designated subject matter expert for 1st Line compliance.
• Lead the implementation and execution of the Enterprise Compliance Program (ECP).
• Manage complex compliance programs, frameworks, and projects to ensure risks are identified, assessed, and mitigated.
• Maintain an inventory of regulations and associated controls in the compliance book of record.
• Identify, investigate, and analyze regulatory compliance issues and develop remediation action plans.
• Lead annual and trigger-based Regulatory Compliance Risk Assessments (RCRA).
• Develop and maintain business compliance policies and procedures.
• Support compliance training and awareness programs for business unit employees.
• Assist with information requests for internal and external audits, reviews, or examinations.

Requirements

• 5-7 years of relevant experience in areas such as Trust or Insurance Business Banking.
• Post-secondary degree in a related field of study or an equivalent combination of education and experience.
• In-depth knowledge of Trust and Estates.
• Expert verbal and written communication and presentation skills.
• Strong program management and analytical skills.
• Ability to build effective relationships with internal and external senior stakeholders.
• Proficiency in MS Office and information technology tools.

Preferred Qualifications

• Trust & Estate Practitioner (TEP) designation.
• Knowledge of the Income Tax Act.
• Legal background in Trust, Insurance, or Banking.
• Experience in the Insurance business sector.

Benefits

• Competitive salary range.
• Health insurance and accident/life insurance.
• Tuition reimbursement.
• Retirement savings plans.
• Performance-based incentives and discretionary bonuses.

About the Company

BMO is a leading bank driven by a single purpose: to Boldly Grow the Good in business and life. As the 8th largest bank in North America by assets, we provide personal and commercial banking, wealth management, and investment services to more than 12 million customers across Canada, the United States, and globally.