First Line of Defence, Issues Management Analyst

Final date to receive applications:08/29/2026

Address:1200

E. Warrenville Road Job Family Group:

Business Management Role Purpose The Issue Monitoring/Reviewer is a First Line of Defence (1

LOD) role responsible for ensuring the accuracy, completeness, and quality of issue records and ongoing monitoring within Book of Record. . This role provides independent review, oversight, and challenge to ensure issues are clearly articulated, risk-aligned, and managed in accordance with internal governance standards .The role supports effective risk management by ensuring that issues are properly documented, monitored, remediated, and reported , with strong alignment to risk, control, and regulatory expectations.

Key Accountabilities
1. Issue Review & Quality Assurance Perform detailed review of Book of Record issue records to ensure:

Accurate issue description, root cause, and risk alignment

Appropriate severity rating and primary/impacted risk classification

Clear linkage to controls, processes, and impacted products/services

Validate that issue treatment (mitigate vs. accept) is supported by adequate, audit-defensible rationale

Ensure completeness and accuracy of required BOOK OF RECORD fields and supporting documentation
2. Monitoring & Oversight of Issue Lifecycle Monitor issue progress across the lifecycle to ensure:

Timely updates and adherence to required timelines

Action plans are defined, tracked, and progressing toward closure

Target completion dates are realistic and supported

Provide ongoing oversight to ensure issues are actively managed and remain aligned to risk exposure
3. Effective Challenge (1

LOD Review)
Provide constructive challenge to Issue Owners and Managers to improve:

Clarity and precision of issue documentation

Alignment between risk, control breakdown, and remediation approach

Identify gaps, inconsistencies, or unsupported assumptions in issue records

Ensure issue records meet minimum standards prior to escalation to 2

LOD Effective Challenge
4. Risk & Control Alignment Ensure issues are appropriately aligned to:

Enterprise Risk Taxonomy and Intermediate Risk categories

Control framework and identified control failures

Confirm that issue documentation clearly articulates:

Control deficiencies or breakdowns

Impact to risk exposure and control environment
5. Governance & Reporting Support Support preparation of issue reporting outputs, including:

Issue status, aging, and severity trends

Overdue issues and remediation progress

Ensure issue data supports transparent and accurate reporting to governance forums and committees
6. Stakeholder Engagement Partner with:

Issue Owners, Action Plan Managers, and Business Units Risk and governance teams (e.g., 1

LOD, 2

LOD)
Provide guidance on issue management standards, expectations, and best practices

Escalate concerns where issues do not meet required standards or timelines

Qualifications & Experience

Required5+ years experience in risk management, internal audit, controls, or governance

Strong understanding of:

Issue Management frameworks and lifecycle

Risk, control, and governance principles

Three Lines of Defence model

Experience working with enterprise tools such as Archer ( Book of Record) or equivalent GRC platforms

Preferred

Experience in:

Issue quality review, testing, or effective challenge roles

Regulatory, audit, or compliance environments

Familiarity with:

Risk taxonomies and control frameworks

Issue remediation and control testing concepts

Salary :$57,500.00 - $

Pay Type:

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:  UsAt 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…