Reporting into the Director, Risk and Compliance - Independent Controls, this job, with support from 2nd Line Compliance, will be the central point of contact for all Operations Compliance, AML, tax and legal matters for BMO Capital Markets Operations group. The incumbent will support regulatory projects and act as a point of facilitation and escalation for day to day operations compliance matters. Be accountable in the development and execution of the Product Operations strategic plans in support of the organization??s objectives and key initiatives.With support from 2nd Line Compliance and the Director, Risk and Compliance - Independent Controls, lead the enhancement and maintenance of the Bank??s Enterprise Compliance Program within applicable PO group identifying any gaps that may surface; Lead a cross group remediation program for any gaps in compliance control and reporting activities.The incumbent also ensures the effective rule interpretation and exercises due diligence in providing support across Product Operations. Specifically, this role provides support in 4 major areas:Integration of business complexities within Compliance ?? Have expert knowledge and understanding of the Business Unit??s product line that require a substantially higher level of compliance controls experience. Identify inherent risks in processes and ensure that new products and initiatives have the right controls in place. Evaluate processes, test control capabilities and identify gaps.Compliance ?? Business Unit Compliance Officer will support the compliance testing program and subsequent sub compliance programs, including interfaces with operational business leads, regulatory bodies and internal compliance groups.Controls ?? Accountable for monitoring, tracking and reporting on regulatory audits. Ensure adherence to regulatory operations guidelines as well as other key internal controls for the assessable units.Relationship Management- liaise with various levels of management across Product Operations including but not limited to Compliance, Enterprise Risk Management, Audit, Legal and internal and external regulatory audit functionsQualifications 7-10+ years of related Compliance or Operations experience Knowledge of standard desktop applications used by the business unit Expert knowledge and understanding of the business unit??s product lineExpert understanding of the business unit??s risk and regulatory requirementsExperience/knowledge with one or more areas required: FINRA, SEC, OSFI, Capital Markets, IIROC, Operations, Capital Markets Institutional Compliance Advanced knowledge of departmental systems and applicationsCompliance related courses preferred, but not required (CSC, CCO, PDO, CPH)FINRA Broker ?? Dealer Compliance experienceExpert strategic visioningAdvanced project management skillsExpert problem-solving and analytical skillsExpert decision-making skillsExpert prioritization skills Expert customer service and relationship management skills Expert managerial leadership skillsExpert planning skills (re finance, resource, strategy, business)Advanced negotiation skillsExpert conflict management/ resolution skillsExpert change management skills Advanced facilitation/ presentation skillsAdvanced communication skillsSDL2017 Associated topics: chief financial officer, controller, general operational manager, general operations manager, manage, recruit, senior director, staff, supervise, supply
* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.