Governance & Controls Specialist

Final date to receive applications: 11/13/2026 Address: 320 S Canal Street Job Family Group:
Business Management

Contributes to the business’ accountability for the delivery of regulatory programs across applicable Tier 1 Risk Types. Contributes to the design of governance and control requirements for products, processes, and channels. Supports the design, development, automation, and coordination of evidence based controls across Credit & Counter party, Non Financial, Liquidity & Funding, Market, Strategic, Reputation, and Environmental & Social Risks. Supports effective and efficient compliance with regulatory obligations in alignment with the Bank’s Risk Management Framework and approved Risk Appetite.

Supports multiple, similar business units with corresponding number of regulators. Assists with the implementation of risk management programs/ frameworks while identifying and minimizing negative impacts to the business. Develops and implements risk mitigation strategies. 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. Ensures alignment between stakeholders. Breaks down strategic problems, and analyzes data and information to provide insights and recommendations. Monitors and tracks performance, and addresses any issues. Builds change management plans of varying scope and type; leads or participates in a variety of change management activities including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives.

Monitoring to ensure that 1st line jobs are following defined processes and procedures. Develops, documents and maintains business/group procedures updating and obtaining approvals as regulations or the operating environment changes and communicates changes to the business/group & relevant stakeholder groups. Supports the development of measurable sustainment strategies including assessing and recommending mitigations for industry/ segment-specific risks and prioritizing opportunities presented by internal and external stakeholders.

Tracks exception/exemption requests and corresponding approvals. Builds awareness, knowledge, and skills and, as necessary, provides communication, practical tools and ongoing support including making presentations, to promote a culture of risk identification and management. Supports the design, development, coordination of implementation, automation and continuous improvement of 1

LOD LOB risk management programs, including supporting the establishment and maintenance of LOB specific policies standards, business processes and controls across all applicable financial and non-financial risks. Works with assigned business/group leaders to interpret, apply and operationalize relevant regulatory frameworks across the LOB/jurisdiction and designs, develops, coordinates and continually improves the LOBs risk management programs and supporting activities to ensure the business operates within the approved risk appetite and optimizes risk return while meeting BMO’s regulatory compliance obligations and consistent with the Bank’s Risk Management Framework Conducts or supports self-assessments to demonstrate control effectiveness and adherence, coordinating 1

LOD risk remediation efforts, responding to regulatory requirements, implementing policies, and managing risk measurement and reporting. Develops and maintains an understanding of the business/group strategies and objectives, products and services, internal and external stakeholders and business…