Senior Advisor, Basel Interpretation Office

Responsibilities

• Lead the governance framework for interpreting Capital Adequacy Requirements (CAR), TLAC, and related regulatory requirements.
• Establish clear ownership and accountability for regulatory capital interpretation across first and second line functions.
• Serve as a subject matter expert on regulatory capital, including Credit Risk, FRTB, CVA, Counterparty Credit Risk, and Securitization.
• Provide strategic guidance to business partners and senior leaders on regulatory developments and emerging capital implications.
• Oversee interpretation of emerging regulatory expectations for risks related to digital assets and crypto-related activities.
• Identify regulatory and risk-related issues and recommend appropriate actions to mitigate exposure.
• Maintain tools, templates, and reporting standards to support consistent execution of capital and risk programs.
• Build strong cross-functional relationships to ensure alignment and effective execution of capital governance.

Requirements

• 7+ years of financial industry experience in risk management.
• Post-secondary degree in a quantitative field such as finance, economics, statistics, engineering, or mathematics.
• Expert understanding of regulatory capital frameworks and OSFI or Basel capital standards.
• Strong knowledge of accounting, balance sheet concepts, and risk management practices.
• Advanced analytical, communication, and problem-solving capabilities.
• Proven ability to manage multiple priorities and operate effectively in ambiguous environments.

Benefits

• Competitive salary and total compensation package.
• Performance-based incentives and discretionary bonuses.
• Comprehensive health insurance.
• Tuition reimbursement.
• Retirement savings plans.

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 globally.