Managing Director - Head, Fraud & Physical Security Oversight

Overview

Application Deadline : 10 / 31 / 2025

Address : 320 S Canal Street

Job Family Group : Audit, Risk & Compliance

Identifies, assesses, remediates and reports all non-financial risks related to the area of expertise and ensures these risks are managed within the Bank's risk appetite. Delivers expert advice, credible challenge, and effective oversight across to identify, assess, control, and manage these risks throughout the company. Provides strategic, future-forward vision for the maturity of risk domains leveraging more predictive analytics. Plays a critical role in ensuring the company’s risk-taking entities are aware of risks, the impact on the enterprise, and opportunities to reduce, mitigate, or avoid risks. As an Operational NFR leader, works closely with ERPM and with other businesses and functions across the enterprise.

Core responsibilities include :

Oversight over 1st line activities establishing risk frameworks required to mitigate Non-Financial Risk exposures, to comply with regulatory requirements, Corporate Policies, Corporate Standards and other published directives that support these policies and standards

Subject matter expertise, specialist support, and oversight for transactions and circumstances representing significant risk exposures to the Enterprise

Ensures alignment between risk framework and NFRMF for consistency and to support aggregation of results; reviews, provides Effective Challenge and monitors sub-risks so that the Non-Financial Risk Profile is consistent with business strategy

Ensures appropriate actions are underway to manage significant Non-Financial Risk exposures, providing Effective Challenge and oversight as appropriate

Implements and maintains a monitoring, surveillance and / or assessment function that provides reasonable assurance of compliance with policies and frameworks

Monitors non-financial sub-risks to ensure exposures are within Enterprise Non-Financial Risk tolerances and recommends corrective actions to Operating Groups / Corporate Services when outside tolerances

Reviews and recommends changes to processes or procedures, and oversees any significant business unit corrective actions as necessary

Reports an independent Non-Financial Risk Profile for their sub-risk category, or as required by the NFRMF

Leads the Operational NFR risk oversight team, establishing a solid understanding of internal and external NFR risks that can impact the organization’s overall business and value chain

Assesses and enhances the organization’s NFR sub-risk capability maturity; maintains and updates risk models, identifies and develops innovative risk assessment techniques, and incorporates data-driven risk assessment that is end-to-end

Provides independent expertise during capability maturity reviews, prepares independent assessments of maturity levels, and develops reports for senior management. Identifies and assesses alternative approaches to risk mitigation and advises leadership on trade-offs

Speaks authoritatively with regulatory officials regarding controls, the risk management framework, and emerging threats

As part of the second line of defense, collaborates with corporate areas, technology, Lines of Business, and other risk management offices to evaluate the firm’s NFR sub-risk capability maturity levels and offers independent advice for further mature risk management capabilities; helps identify new / emerging NFR sub-risks and integrates capability maturity assessment with other risk programs

Contributes to clarity of roles and accountabilities within the organization and refines team and portfolio structure

Manages independent evaluations of the firm’s information security, cybersecurity, cloud and technology capabilities, and provides expertise to accelerate maturity of cyber capabilities

Identifies and develops quantitative assessments of vulnerabilities, risks and remediation strategies; provides insights to senior leaders, regulators, and the Board as needed

Drives a risk management focus with a customer / resilience lens that supports the bank’s digital strategy while maintaining soundness

Stays current on emerging NFR sub-risk threats and mentors more junior team members

Collaborates effectively with colleagues, stakeholders, and leaders across multiple organizations to achieve objectives

Leads program-related activities to ensure effective collaboration within the team and across stakeholder groups

Ensures initiatives comply with regulatory standards and corporate policies and considers impact on profitability and firm reputation

Understands and helps manage key NFR sub-risks impacting operations and business functions

Collaborates with business partners and Enterprise functions to design target state and interim NFR risk management tool architecture

Drives evolution of the NFR sub-risk function and appetite view and reporting requirements

Leads development and implementation of key risk indicators (KRIs) and KPIs that are risk-sensitive and adapt to new threats

Promotes and supports the Bank’s risk culture, ensuring employees understand risk-taking accountabilities and fostering open communication and effective challenge

Complies with the Bank’s Risk Appetite framework and ensures activities remain within limits and regulatory requirements

Models simplicity and productivity improvements for optimization across groups and drives continuous improvement

Promotes a winning culture aligned with Purpose and drives engagement and execution

Fosters diversity, equity and inclusion and creates an inclusive environment

Develops leaders, plans for succession, and fosters a high-performance culture

Drives top talent acquisition and retention and builds organizational capabilities

Leads and mentors a team with diverse risk and business experience

Leads and reinforces customer focus to support the Bank’s vision

Role models customer-focus and drives sustainable improvements in loyalty and growth

Adheres to and supports enterprise customer experience and brand standards

Qualifications :

Certified Fraud Examiner (CFE) and Certified Anti-Money Laundering Specialist (CAMS) credentials

Must be a highly skilled NFR sub-risk professional with experience and a proven ability to deliver high-impact results

Proven ability to manage a team and work independently in a fast-paced environment

Please note the base salary range for this position is USD 230,000.00 to USD 260,000.00

Salary : Pay Type : Salaried

The above represents BMO Financial Group’s pay range and type.

Salaries vary based on location, skills, experience, education, and qualifications, and may include a commission structure. Salaries for part-time roles will be pro-rated based on hours worked. For commission roles, the salary listed represents the target for the first year.

BMO Financial Group’s total compensation package varies based on pay type and may include incentives, bonuses, and other perks. Benefit details are available at the Total Rewards page. Note : visit : jobs.bmo.com / global / en / Total-Rewards

About Us

At BMO we are driven by the Purpose : Boldly Grow the Good in business and life. We create lasting, positive change for customers, communities, and people.

As a member of the BMO team you are valued, respected and heard, with opportunities to grow and make an impact. We provide tools and resources to reach milestones, including training and coaching, manager support, and network-building opportunities.

For more information visit : jobs.bmo.com / us / en

BMO is an equal employment opportunity employer. We evaluate applicants without regard to race, religion, color, national origin, sex, sexual orientation, gender identity, gender expression, age, protected veteran status, disability, or any other legally protected characteristic. We also consider applicants with criminal histories as allowed by law.

BMO is committed to providing reasonable accommodations to individuals with disabilities. To request accommodations, email BMOCareers.Support@bmo.com with your contact information and the nature of your request.

Note to Recruiters : BMO does not accept unsolicited resumes from any source other than directly from a candidate. Unsolicited resumes sent to BMO may be considered BMO property. A recruiting agency must have a valid written agency agreement to submit resumes.

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