Senior Manager, Risk & Finance Data Management

Application Deadline:

04/29/2025

Address:

100 King Street West

Job Family Group:

Data Analytics & Reporting

Creates and implements an integrated roadmap for all aspects of data governance. Develops, maintains and monitors data governance policies and procedures. Deploys technologies, ensures compliance with standards, and provides updates on policy changes. Ensures that data is secure, private, accurate, available and usable. Provides interpretation of enterprise data governance guidelines. Ensures data strategy and management practices are aligned in support of business objectives. Creates a culture where data is managed as a valuable corporate asset, adheres to the regulations around data compliance, and reduces overall risk.

The candidate will be working on Risk and Finance Data Management, leading working groups with our Risk and Finance reporting areas to build governance around the data used in Regulatory Reports, Board Reports and other key Risk/Finance reports

• Determine the Critical Data Elements
• Capture the Metadata (capture the data definitions, data security, sourcing, consumption details, rationalize the CDE names and maintain data catalog)
• Determine Data Owner of CDEs by working with LOB data teams and confirm the ownership
• Determine the Authoritative Data Sources
• Build Data Quality Controls ( asses the controls on CDEs, build new DQ rules and controls)
• Document Data Lineage ( work with technology in documenting the lineage of all CDEs, work with Risk and Finance reporting  areas to document lineage for manual processes)
• Manage Data Issues (Work with Risk and Finance reporting  areas and Technology to capture impact of the issues, investigate and determine root cause of the issues, work with LOB data owners to create remediation plan of data issues)
• Audit (Lead engagements with Internal/Eternal Audit/Data Risk related)
• Reporting (provide reports on data management work across Risk and Finance, ability to build/design reports/dashboards)
• Lead assessments on Data, Frameworks, Processes
• Establishing processes for various aspects of data management across Risk and Finance
• Drives data governance by actively promoting improved data governance practices, enforcing policy, and following data governance best practices.
• Harmonizes data in the systems through a collaborative process with members from various business units.
• Establishes, maintains, periodically reviews and recommends changes to data governance policies, standards, guidelines, and procedures.
• Conducts audits to ensure that policies, procedures and metrics are in place for maintaining/improving the program.
• Aligns the Data Governance policy with the overall goals of the business strategy.
• Drives change in the organization to maximize the value of its data and plans for how the company will make those changes.
• Fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behaviours in all that they do.
• Ensures alignment between values and behaviour that fosters diversity and inclusion.
• Regularly connects work to BMO’s purpose, sets inspirational goals, defines clear expected outcomes, and ensures clear accountability for follow through.
• Builds interdependent teams that collaborate across functional and operating groups to create the highest value for all stakeholders.
• Attracts, retains, and enables the career development of top talent.
• Improves team performance, recognizes and rewards performance, coaches employees, supports their development, and manages poor performance.
• Operates at a group/enterprise-wide level and serves as a specialist resource to senior leaders and stakeholders.
• Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to problems that can be complex and non-routine.
• Implements changes in response to shifting trends.
• Broader work or accountabilities may be assigned as needed.

Qualifications:

• Typically 7+ years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
• Risk and Finance data and processes (Nice to Have - understanding of Risk and Finance concepts like RWA, Liquidity, Capital, Treasury, Stress Testing, Modeling, Credit Risk, Counterparty Credit Risk, Market Risk, Ops Risk, Reg Reports etc )
• Data management & data governance processes & tools
• Leadership, Change management (implementation of change/ new process)
• Strategy and Planning
• Communication, Reporting (decks for execs), Presentations
• Audit and Controls
• Regulatory reporting (RDARR, CAR, BCBS239, FDIC370, FR2052A etc.)
• Process Management and improvement

Intermediate level of proficiency:

• Information and data strategy.
• Managing change.

Advanced level of proficiency:

• Privacy governance technology enablement.
• Data privacy.
• Enterprise data management.
• Ontology design.
• Master data management.
• Data governance.
• IT standards and governance.
• Data integrity.
• Data quality.
• Metadata management.
• Verbal & written communication skills.
• Analytical and problem solving skills.
• Influence skills.
• Collaboration & team skills; with a focus on cross-group collaboration.
• Able to manage ambiguity.
• Data driven decision making.
• Seasoned professional with a combination of education, experience and industry knowledge.

Salary:

$92,400.00 - $171,600.00

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.