Senior Advisor, Strategic Risk

Application Deadline:

04/17/2026

Address:

100 King Street West

Job Family Group:

Audit, Risk & Compliance

The Senior Advisor, Strategic Risk supports the enablement and ongoing evolution of the Strategic Risk Management Program, contributes to independent oversight activities, and supports the aggregation and preparation of decision‑ready Strategic Risk insights for senior management and governance forums. The role works collaboratively with the Strategy team, enterprise risk programs, governance partners, and other risk groups to embed Strategic Risk considerations across strategic planning, change, and risk management processes, in alignment with the Risk Management Framework.

Key Accountabilities:

Governance Frameworks & Internal Controls

• Develops and maintains an effective internal control framework and governance system, including policies, guidelines, programs, practices and measures.

• Leads the development and maintenance of the internal controls governance system and framework.

• Documents the internal control governance system, processes and framework to describe compliance requirements, activities, processes, roles & responsibilities.

• Performs testing on design of controls (observation, inspection, replication, recalculation).

• Reviews processes, identifies opportunities for risk mitigation, and recommends changes.

• Coordinates and participates in oversight/governance activities (reporting, training, regulatory administration, policy review/updates).

• Manages the review and sign‑off process for relevant regulatory reporting.
 

Strategic Advisory & Subject Matter Expertise

• Provides strategic input into business decisions as a trusted advisor.

• Makes recommendations to senior leaders on strategy and new initiatives.

• Acts as a subject matter expert on relevant regulations and policies.

• Interprets new or changing regulations and assesses impacts to governance frameworks.

• Acts as the prime subject matter expert for internal/external stakeholders.

• Provides advice and guidance to assigned business/group on the implementation of the control framework, including effective challenge.

Analysis, Reporting & Risk Insights

• Analyzes data and information to provide insights and recommendations.

• Designs and produces regular and ad‑hoc reports and dashboards.

• Develops reports on the status of the governance program or framework components.

• Leads and integrates monitoring, measurement and reporting on the status of the internal controls governance framework/program.

• Identifies emerging issues and trends to inform decision‑making.

• Conducts independent analysis and assessment to resolve strategic issues.
 

 Process & Program Design, Improvement & Execution

• Designs and/or leads initiatives to improve processes, analysis and reporting.

• Leads the design, implementation and management of core business/group processes.

• Leads change management programs (readiness assessments, planning, stakeholder management, execution, evaluation, sustainment).

• Leads the execution of operational programs; assesses and adapts as needed.

• Develops governance and control‑related solutions based on business strategy and stakeholder needs.

• Develops tools, checklists and communications to address gaps, issues and new requirements.

• Implements changes in response to shifting trends.
 

Stakeholder Engagement & Relationship Management

• Builds effective relationships with internal/external stakeholders and ensures alignment.

• Influences and negotiates to achieve business objectives.

• Consults with stakeholders to improve consistency and transparency of control measurement/metrics and reporting.

• May network with industry contacts to gain competitive insights and best practices.
 

Resource & Initiative Leadership

• Recommends business priorities, advises on resource requirements and develops roadmap for strategic execution.

• Manages resources and leads the execution of strategic initiatives.

• Leads the development of the communication strategy.

• Operates at a group/enterprise‑wide level and serves as a specialist resource.
 

Qualifications:

• Typically 7+ years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.

• Experience in risk management, audit, compliance, governance is preferred.

• In-depth knowledge of business and regulatory environment.

• In-depth/expert knowledge & experience with risk policy frameworks; quality control/testing frameworks. e.g. SOX 404, COBIT and COSO frameworks.

• Seasoned professional with a combination of education, experience and industry knowledge.

• Verbal & written communication skills - In-depth / Expert.

• Analytical and problem-solving skills - In-depth / Expert.

• Influence skills - In-depth / Expert.

• Collaboration & team skills; with a focus on cross-group collaboration - In-depth / Expert.

• Able to manage ambiguity.

• Data driven decision making - In-depth / Expert.

Salary:

$94,600.00 - $176,000.00

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: https://jobs.bmo.com/global/en/Total-Rewards

About Us

At 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 opportunities, we’ll help you gain valuable experience, and broaden your skillset.

To find out more visit us at https://jobs.bmo.com/ca/en.

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.