Job Family Group :
Audit, Risk & Compliance
Sets strategic initiatives that propels the Corporate Audit practice forward. Ensures BMO's practices are up-to-date, meet professional practices and industry expectations and continually evolve.
Ensures initiatives and solutions, methodologies, programs and processes are consistently and effectively implemented across the business / groups.
Implements and oversees a robust Quality Assurance program ensuring industry and professional standards are met. Develops professional practices to scale and maturity for various roles through defined practice management tools and techniques, standards and the adoption of the associated behaviours.
Develops a dynamic risk-based Annual Plan that provides adequate coverage to allow the Chief Auditor to opine on the risk, governance systems and processes and internal controls on a quarterly basis.
Prepares clear, concise quarterly for the Chief Auditor to deliver to the Board. Develops and oversees Corporate Audit’s Strategic People Priorities to ensure that Corporate Audit has the right resources to achieve its current annual plan and be positioned for the future.
Conducts training, coaching, facilitation and applies change management expertise to drive business results. Develops and oversees the financial and operational management for Corporate Audit.
Oversees the Finance and Audit CPA Program.
Manages people and leads a team capable of delivering the desired business results.
Acts as a trusted advisor to senior leaders for making business decisions and implementing strategic initiatives.
Develops an expert understanding of business / group challenges.
Meets regularly with stakeholders to understand changing strategies tactics and initiatives and evaluate the nature extent of change to the risk environment and Corporate Audit’s response.
Networks with industry contacts to share competitive insights and best practices.
Recommends measures to improve organizational effectiveness.
May consult to or serve on various committees and task forces.
Develops plans to allow Corporate Audit to achieve its strategic objectives.
Recommends priorities, advises on resource requirements and develops roadmap for strategic execution.
Acts as key contact and resource for external stakeholder relationships, which may include regulators.
Develops and applies the framework for databases; oversees database management in adherence with data governance standards.
Leads the development of the communication strategy focusing on positively influencing or changing behaviour.
Collaborates across BMO to develop communications strategies and ensure consistency of messaging, in order to positively influence or change behaviour.
Leads the execution of operational programs; assesses and adapts as needed to ensure quality of execution.
Motivates continued high performance by enhancing and executing Corporate Audit People Strategy including skill transformation and career development.
Enhances competency Self-Assessment and Development plans view of skills and knowledge.
Recommends and makes modifications to division training to address real time and evolving needs identified through self-assessments, QA reviews, emerging trends and regulatory expectations.
Recommends changes as needed to team structure, succession planning to enable effective completion of overall Corporate Audit mandate.
Employs systems (e.g. tracking reports, rolling averages, etc.) to manage information.
Provides advice and guidance on Corporate Audit methodology and processes.
Provides advice and guidance on use of Audit-specific tools and technology, to Corporate Audit team members.
Maintains working knowledge of the industry, regulatory, broad economic environment, and internal environment, as to the development of new strategies and plans, opportunities and risk, to obtain an understanding of the control environment.
Integrates information from multiple sources, conducts analysis, prepares supporting information for Corporate Audit’s Annual Plan and Board Reporting Identifies potential themes in deficiencies identified across groups and / or over time.
Provides information in support of regulatory examinations, inspections and reviews.
Identifies and evaluates the impact of new and emerging technology and technology risk on the organization’s processes and control environment.
Identifies potential data analytics to be included in their audit and advisory engagements to improve quality and efficiencies.
Influences to achieve desired control environment.
Supports development and execution of strategic initiatives in collaboration with internal and external stakeholders.
Provides input into the strategic direction of Audit practice including key elements of a strong audit practice, the strategic approach to audits for the assigned business / corporate group and strategy for functioning of the centre of competency in which the role has responsibility.
Breaks down strategic problems, and analyses data and information to provide practice management insights and recommendations;
includes recommendations across a wide range of opportunities to drive business results.
Develops and delivers training modules on Corporate Audit methodology, processes, workflow tools or technology.
Provides input into Corporate Audit processes identifying opportunities to simplify.
Prepares clear, concise communications to audit teams.
Executes work to deliver timely, accurate and efficient service.
Advances the overall functioning of the Audit group ensuring that practices and methodology applications are maintained at the high-quality level expected of a strong internal audit practice.
Maintains the independence of the audit practice and its personnel.
Operates at a group / enterprise-wide level and serves as a senior specialist resource across BMO.
Influences how teams / groups work together.
Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to multiple, interdependent, complex problems.
Communicates abstract concepts in simple terms.
Fosters strong internal and external networks and works with and across multiple teams to achieve business objectives.
Anticipates trends and responds by implementing appropriate changes.
Broader work or accountabilities may be assigned as needed.
Typically 9+ years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
Professional designations or business designation such as CIA, CPA-Audit.
Seasoned expert with extensive industry knowledge.
Technical leader viewed as a thought leader for innovation.
Verbal & written communication skills - Expert.
Analytical and problem solving skills - Expert.
Influence skills - Expert.
Collaboration & team skills; with a focus on cross-group collaboration - Expert.
Able to manage ambiguity.
Data driven decision making - Expert.
We’re here to help
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.
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.