Director, AI Assurance & Audit
Job in
Chicago, Cook County, Illinois, 60684, USA
Listed on 2026-07-10
Listing for:
BMO Financial Group
Full Time
position Listed on 2026-07-10
Job specializations:
-
Management
Risk Manager/Analyst, Regulatory Compliance Specialist
Job Description & How to Apply Below
Provide independent assurance and effective challenge to senior management by evaluating the maturity, scalability, and effectiveness of AI governance, Responsible AI frameworks, and risk management practices, while overseeing enterprise‑level risks such as bias, explainability, transparency, privacy, hallucinations, model misuse, and regulatory compliance.
Lead the AI Assurance Center of Competency, drive capability building and methodology standards, and act as the primary interface with regulators and external stakeholders. Direct complex, cross‑enterprise audits, aggregate thematic insights, assess regulatory readiness, and deliver authoritative, forward‑looking assurance opinions to executive leadership, the Audit Committee, and the Board to strengthen governance, influence strategy, and mitigate systemic operational, ethical, and reputational risks arising from AI adoption.
Conducts audit engagements to critically assess management and internal control processes, approving the nature, extent and timing of the audit, its execution and the formulation of insightful audit reports. Reports on audits to provide clear, concise and memorable insights on issues and potential issues to assist management in fulfilling mandates. This work provides vital assurance to the Board of Directors and senior management on the quality of internal control systems and reduces the risk of loss and reputational damage to the Company.
This work is instrumental in identifying unacceptable/high risk circumstances that could lead to material impact on profitability or reputation. Provides independent assurance on the quality and effectiveness of internal control, risk management, and governance systems and processes to support senior management and the Board in protecting BMO and its reputation.
+ Fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behaviours in all that they do.
+ Ensures alignment between values and behaviour that fosters diversity and inclusion.
+ Regularly connects work to BMO's purpose, sets inspirational goals, defines clear expected outcomes, and ensures clear accountability for follow through.
+ Builds interdependent teams that collaborate across functional and operating groups to create the highest value for all stakeholders.
+ Attracts, retains, and enables the career development of top talent.
+ Improves team performance, recognizes and rewards performance, coaches employees, supports their development, and manages poor performance.
+ Acts as trusted resource providing advice to executive leaders of business/group on risk, governance and internal controls.
+ Provides advice to executive leaders on risk, governance and controls relating to strategy and new initiatives, based on an in-depth understanding of the business/group.
+ Meets regularly with business/group stakeholders to identify changing strategies, tactics, and initiatives across the business/group and evaluate changes to the nature, and extent of risk environment.
+ Networks with industry contacts to share gather competitive insights and best practices.
+ May advise or serve on various committees and task forces.
+ Recommends business priorities, advises on resource requirements and develops roadmap for strategic execution.
+ Acts as the prime contact for external stakeholder relationships, which may includes regulators.
+ Monitors and tracks performance, and resolves any issues.
+ Collaborates across BMO to develop communications strategies and ensure consistency of messaging, in order to positively influence or change behaviour.
+ Leads change management programs of varying scope and type, including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives.
+ Ensures that all audits for which the role is responsible are conducted…
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