Control Testing Senior Analyst

Application Deadline:

Address:

100 King Street West

Job Family Group:

Audit, Risk & Compliance

Responsible for independently developing, executing, and reporting on control testing procedures to ensure compliance with regulations, internal policies, and operational practices. Identifies control gaps or weaknesses and recommends improvements. Works with business/group and internal partners to ensure regulatory, corporate and fiduciary obligations are met. Evaluates risks and identifies appropriate actions to mitigate them to an acceptable level within the risk appetite.

• Independently develops and executes comprehensive control test plans and procedures and may lead and review other testers in the execution of control test plans.
• Clearly documents evidence of control testing activities to facilitate ease of reperformance and adherence to internal documentation policies and requirements.
• Provides advice and guidance to assigned business/group on implementation of controls and their design and effectiveness and support risk management activities based on an understanding of business operations and stakeholder needs.
• Conducts and/or effectively challenges control inventories for business units/group and assists to identify more effective controls in alignment with risk evaluation and/or identify common controls across groups to drive standardization.
• Identifies control deficiencies and provides a fair and balanced assessment of their magnitude.
• Applies professional skepticism in the execution of the assigned work and ensures open lines of communication.
• Analyzes and reports control testing results to business/group management including recommending changes to applicable policies and procedures.
• Develops and maintains positive working relationships with team members and management and builds effective professional relationships with business group leadership and other internal/external stakeholders.
• Applies previous risk acumen of second line processes and controls across Legal Risk Compliance business units; but may have broader, enterprise-wide control focus including those applicable to BMO’s products and services.
• Exercises sound professional judgment to identify, diagnose, and solve problems within given rules or tasks.
• Understand and interpret regulatory requirements and internal policies.
• Works independently on a range of tasks including department or program initiatives.

Qualifications:

• Typically, minimum 6 years of relevant experience and degree in related field of study or an equivalent combination of education and experience. Audit experience preferred.
• Recognized CIA certification or equivalent preferred.
• Strong process analysis, risk and control identification, and testing capabilities
• Strong knowledge of second line and/or business operations & procedures, and activities involving documented practices.
• Proficient in project management skills.
• Verbal & written communication skills - In-depth.
• Collaboration & relationship management skills - In-depth.
• Analytical and problem-solving skills - In-depth.
• Negotiation skills and ability to influence - In-depth.

Salary:

$75,900.00 - $141,900.00

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.