Senior IT Audit Consultant

12/30/2024

Address:

4100 Gordon Baker Road

Technology

This is an exciting time to work at BMO, as the Bank responds to a rapidly evolving technology landscape and increasingly sophisticated customer expectations. Rather than react to these changes, BMO is proactively transforming how we do business – and Technology & Operations is a critical part of that transformation.

To ensure we’re aligned with our increasing audit and governance requirements, we are looking for a candidate who is both technical and has an audit background. They will be responsible for delivering key messages both verbally and written to our executives and stakeholders.

Supports and maintains an effective governance framework that defines the ways and methods governance is implemented, managed, monitored and strengthened in technology. The governance framework includes policies/guidelines and provides programs/processes/practices and measures to promote transparency, accuracy, consistency across groups. The framework components working well together allow for a holistic view for stakeholders into the issues, opportunities and status of the business and enables them to determine if it is a satisfactorily functioning, safe and sound business.

• Provides strategic input into business decisions as a trusted advisor.

• Makes recommendations to senior leaders on strategy and new initiatives, based on an in-depth understanding of the business/group.

• Acts as a subject matter expert on relevant regulations and policies.

• May network with industry contacts to gain competitive insights and best practices.

• Acts as a trusted advisor on governance matters.

• Influences and negotiates to achieve business objectives.

• Identifies emerging issues and trends to inform decision-making.

• Leads or assists in the execution of oversight/governance activities.

• Develops the business case by identifying needs, analysing potential options and assessing expected return on investment.

• Recommends business priorities, advises on resource requirements and develops roadmap for strategic execution.

• Leads and integrates the execution of oversight/governance activities and is primary contact across multiple jurisdictions and/or businesses.

• Makes risk management recommendations to senior leaders based on an in-depth understanding of the business/group.

• Conducts independent analysis and assessment to resolve strategic issues.

• Acts as the prime subject matter expert for internal/external stakeholders.

• Represents the governance structure during internal/external regulatory audits and/or examinations..

• Measures the strength and effectiveness of governance system and framework.

• Develops and applies the framework for databases; oversees database management in adherence with data governance standards.

• Manages databases and provides support for analysis, forecasting and/or data visualization, ensuring adherence with data governance standards.

• Researches existing or emerging requirements & related best practices to assist and develops recommendations for changes/enhancements.

• Monitors and tracks performance, and addresses any issues.

• Develops and calibrates reports on the status of the governance program or framework components to various internal & external stakeholder audiences.

• Leads change management programs of varying scope and type, including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives.

• Leads the development of the communication strategy focusing on positively influencing or changing behaviour.

• Interprets new or changing regulations and assesses impacts to the governance framework.

• Manages the review and sign-off process for relevant regulatory reporting.

• Leads and integrates the execution of oversight/governance activities from multiple businesses/groups.

• Leads the interpretation of new or changing regulations and assessing impacts to the governance framework

• Develops, evolves and maintains the governance system and framework.

• Leads the execution of operational programs; assesses and adapts as needed to ensure quality of execution.

• Leads, integrates and coordinates the maintenance, monitoring, measurement & reporting on the status of the governance program to various internal & external stakeholder audiences.

• Coordinates and participates in the execution of oversight/governance activities - may include (but are not limited to) reporting, assessment of education & training needs, development/delivery of training, development and execution of regulatory administration processes & procedures, management of review/updates to policies, etc.

• Assists with the maintenance, monitoring, measurement & reporting on the status of the governance program to various internal & external stakeholder audiences.

• Supports the development, evolution and maintenance of the governance system and framework. Activities may include supporting policy/standard/operating procedures lifecycle management, education and training assessment, development & delivery, coordination of attestation programs, reporting, etc.

• Assists with the interpretation of new or changing regulations and assessing impacts to the governance frameworks.

• Develops and maintains in-depth knowledge of business and related risk management requirements and legislative/ regulatory directives and guidance.

• Supports the management of governance meetings (e.g. committee, management, board meetings, etc.) as required. Facilitates development and approval of agendas, gathering and distribution of documentation related to agendas, and creation of meeting minutes/output.

• Assists in the identification, classification and addressing of issues.

• Assists with the coordination and management of the review and sign-off of relevant regulatory reporting.

• Operates at a group/enterprise-wide level and serves as a specialist resource to senior leaders and stakeholders.

• Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to problems that can be complex and non-routine.

• Implements changes in response to shifting trends.

• Broader work or accountabilities may be assigned as needed.

Qualifications:​

• Typically 7+ years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.

• Seasoned professional with a combination of education, experience and industry knowledge.

• Verbal & written communication skills - In-depth / Expert.

• Analytical and problem solving skills - In-depth / Expert.

• Influence skills - In-depth / Expert.

• Collaboration & team skills; with a focus on cross-group collaboration - In-depth / Expert.

• Able to manage ambiguity.

• Data driven decision making - In-depth / Expert.

$92,400.00 - $171,600.00

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: https://jobs.bmo.com/global/en/Total-Rewards

We’re here to help

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 https://jobs.bmo.com/ca/en.

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

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.