Senior advisor, basel interpretation office

Key Responsibilities

• Lead the governance framework for interpreting CAR, TLAC, and related regulatory requirements.
• Establish clear ownership and accountability for regulatory capital interpretation across first and second line functions.
• Support ongoing enhancements to capital governance processes, methodologies, and compliance programs.
• Evaluate the impact of new or evolving regulations and implement necessary program adjustments.

• Serve as a subject matter expert on regulatory capital, including Credit Risk, FRTB, CVA, Counter party Credit Risk, and Securitization.
• Provide guidance to business partners and senior leaders on regulatory developments and emerging capital implications.
• Offer strategic input to support decision making and risk informed business planning.
• Represent the function with internal and external stakeholders on matters related to capital governance and regulatory expectations.

• Identify regulatory and risk related issues, including new or evolving risk exposures, and recommend appropriate actions.
• Analyze data and produce insights that support governance effectiveness, risk identification, and decision making.
• Maintain tools, templates, and reporting standards that support consistent execution of capital and risk programs (e.g., RCSA, SOX, business continuity planning standards and policies).

• Lead governance meetings, maintain mandates and approval evidence, and ensure effective oversight and approval processes.
• Provide comprehensive and timely reporting on capital interpretation governance, program status, and emerging issues.

• Build strong cross functional relationships to strengthen alignment and execution of capital governance responsibilities.
• Foster a culture aligned with organizational values, collaboration, diversity, and inclusion.
• Champion change initiatives, ensuring readiness, effective execution, and sustained adoption.
• Perform additional responsibilities as required.

• 7+ years of financial industry experience in risk management and a post‑secondary degree in a quantitative field such as finance, economics, statistics, engineering, or mathematics.
• Expert understanding of regulatory capital frameworks and OSFI or Basel capital standards.
• Strong knowledge of accounting, balance sheet concepts, and risk management practices.
• Advanced analytical, communication, influence, and problem‑solving capabilities.
• Proven ability to manage multiple priorities, operate effectively in ambiguity, and collaborate across groups.

Salary: $94,600.00 - $ (base salary range). The salary range is based on factors such as location, skills, experience, education, and qualifications for the position and may include commissions. For part‑time roles the salary is calculated pro‑rated on the number of hours worked. For roles with commissions, the salary specified represents the target for the first year in the position.

Compensation package may include performance bonuses, discretionary bonuses and other incentives. BMO offers health insurance, tuition reimbursement, accident insurance, life insurance, and retirement savings plans.

BMO is an inclusive, equitable, and accessible workplace. Adaptations are available upon request for candidates participating in all stages of the selection process. For more information, see the company website.

BMO is committed to equal opportunity employment and does not discriminate based on race, color, religion, sex, national origin, age, disability, or any other protected characteristic.