Managing Director, Operational Resilience Risk

$225,000 - $260,000/Yr

BMO Harris - Chicago, IL

Full-time - Senior

Chicago, IL

Credit Intermediation and Related Activities

About the position

Identifies, assesses, remediates and reports of all non-financial risks related to their area of expertise and ensures these risks are managed within the Risk appetite of the Bank. 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 of the required maturity of these risk domains leveraging more predictive analytics. Plays a critical role in ensuring the company's risk taking entities are aware of the risks inherent in their activities and decisions, the impact of their actions on the company at an enterprise level, and opportunities to reduce, mitigate, or avoid risks altogether. As an Operational NFR leader, works closely with colleagues across ERPM and with other businesses and functions across the enterprise.

Responsibilities

• Provides oversight over 1st line activities establishing the risk frameworks required to mitigate Non-Financial Risk exposures.
• Provides subject matter expertise, specialist support, and oversight for transactions and circumstances representing significant risk exposures to the Enterprise.
• Ensures alignment between their respective risk framework and the NFRMF for consistency and to support the aggregation of results.
• Ensures appropriate actions are underway to manage significant Non-Financial Risk exposures.
• Implements and maintains an appropriate monitoring, surveillance and/or assessment function that provides reasonable assurance of compliance.
• Monitors Non-Financial sub-risks to ensure exposures are within Enterprise Non-Financial Risk tolerances.
• Reviews and recommends changes to processes or procedures, and oversees any significant business unit corrective actions.
• Reports an independent Non-Financial Risk Profile for their Non-Financial sub-risk category.
• Serves as a leader in the Operational NFR risk oversight team.
• Plays a key role in assessing and enhancing the organization's NFR sub-risk capability maturity.
• Provides independent expertise during capability maturity reviews.
• Speaks authoritatively with regulatory officials regarding existing controls and emerging threats.
• Collaborates closely with associates corporate areas, technology, Lines of Business, and other risk management offices.
• Brings clarity of roles and accountabilities within the organization structure.
• Manages independent evaluations of the firm's information security, cybersecurity, cloud and technology capabilities.
• Identifies and develops quantitative assessment of vulnerabilities, risks and remediation strategies.
• Drives a risk management focus taking a customer/resilience lens.
• Stays current on emerging NFR sub-risk threats and potential implications to the firm.
• Collaborates effectively with colleagues, stakeholders, and leaders across multiple organizations.
• Leads program-related activities and deliverables to ensure effective collaboration.
• Ensures initiatives are compliant with regulatory standards and corporate policies.
• Understands, reviews and helps manage and mitigate key NFR sub-risks.
• Collaborates with business partners and Enterprise functions to design target state and interim NFR risk management tool architecture.
• Drives the evolution and development of the NFR sub-risk function and risk reporting requirements.
• Leads the development and implementation of key risk indicators (KRI's) and key performance indicators (KPI's).
• Promotes and supports the Bank's risk culture.
• Complies with the Bank's Risk Appetite framework.
• Role models driving simplicity and productivity enhancements.
• Activates our winning culture, aligned with Purpose.
• Fosters diversity, equity and inclusion.
• Develops leaders, plans for succession, and fosters a high-performance culture.
• Drives top talent acquisition and retention.
• Leads and mentors a team with diverse risk and business experience.
• Drives sustainable improvements in customer loyalty and business growth.

Requirements

• An undergraduate degree is required; Professional certifications (CISSP, CCSP, AWS CCP, etc.) beneficial.
• 15+ years of cyber security experience with at least five years of managing a team.
• Exposure to technology in a large, complex, regulated financial services enterprise.
• Highly skilled NFR sub-risk professional with a wealth of experience.
• Proven ability to manage a team and work independently in a fast-paced environment.

Benefits

• Health insurance
• Tuition reimbursement
• Accident and life insurance
• Retirement savings plans