Manager, CA Commercial Bank Foundational Risk

Job Description

Application Deadline: 05/07/2026 Address: 250 Yonge Street Job Family Group: Business Management The manager, commercial Foundational Risk Supports the business/group leader in the effective implementation, maintenance and administration of first line of defense (1st LOD) Foundational Risk programs (e.g. Risk ID, Risk Appetite, Concentration Risk, Emerging Events & Scenarios, etc.), including linkage to strategic planning, limit setting, and capital planning and overseeing business operations to ensure adherence and efficiency. Contributes to a strong risk management culture through collaboration with other first line employees, and second & third-line functions to ensure risks are identified, mitigated, monitored and reported on an ongoing basis. Risk Identification & Assessment (“Risk ID”), Emerging Events & Scenarios (“EES”), and Risk Appetite, including limit setting, are critical foundational elements of BMO’s Risk Management Framework. The Foundational Risk program is in the early stages of executing an optimized target state roadmap that will transform it to be fully integrated and in harmony with 1st LoD business as usual (BAU) processes and reporting to deliver a strongly supported material and emerging risk inventory. Material and emerging risks will be integrated with risk appetite, strategic planning and stress testing to deliver efficient, consistent and valuable risk reporting to management committees and the Board to guide the overall operations of BMO Commercial Bank. As manager, Foundational Risk Management, you will have the privilege of being a key member of a highly dedicated team leading this extraordinarily valuable transformation and managing the resulting optimized BAU target state by delivering structured, disciplined, diligent and thoughtful leadership and support across many enhancements/efforts. Supports multiple, varied business units with corresponding number of regulators. Monitors and advises on management of risk requirements within the defined risk appetite. Manages/supports large/complex risk programs/frameworks /projects/initiatives to ensure risks are appropriately mitigated and regulations adhered to. Monitors industry and legislative developments and continuously updates programs to ensure they are competitive and effective Supports the position on regulatory compliance Issues by interpreting requirements (existing, new and emerging) and identifying, analysing and addressing resultant gaps and issues, including those raised through the review of change initiatives. Understands the identified risk exposures and supports the development of action plans required to mitigate identified risks. Acts as a subject matter expert in the evaluation, development and implementation of an internal control system. Supports the execution of strategic initiatives in collaboration with internal and external stakeholders. Builds effective relationships with internal/external stakeholders. Breaks down strategic problems, and an

Required Skills