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Manager - Third Party Risk Management

BMO21 days ago
Toronto, ON
$75,900 - $141,900/annual
Senior Level
Full-Time

Top Benefits

Health insurance
Tuition reimbursement
Accident and life insurance

About the role

250 Yonge Street Toronto Ontario,M5B 2L7

This role offers strong exposure to monitoring and governing the 3rd Party Management of Technology & Operations (T&O) Group. The Governance Team works in a matrix environment, driving oversight, strengthening controls, and improving risk practices using analytics and insights. This team is 1LOD.

Key Responsibilities

  • Review supplier risk assessments from regulatory and technology risk perspective.
  • Review and monitor Supplier related issues from theme and closure perspective.
  • Perform review of supplier contracts from regulatory compliance perspective.
  • Identify potential risks, discuss impacts, and recommend mitigation strategies.
  • Communicate new or updated regulatory requirements through theEnterprise Regulatory Development Framework (ERDF)and support activities under theEnterprise Compliance Program (ECP).
  • Monitor and understand 3rd party Key Risk Indicators and underlying data for T&O.
  • Improve Tech & Ops risk awareness and execution in alignment with theOperational Risk Management Framework (ORMF).
  • Continuously review theProcess Risk & Control (PRC) Framework, tools, and control library to give leadership a clear view of the control environment in relation to 3rd Party Management.
  • Use data to perform root‑cause analysis and predictive analytics to support risk and compliance decisions.

Qualifications

-6+ yearsof experience in technology or financial services, with a degree in business, computer science, engineering, info systems, math, or business. -3+ yearsof experience in risk or compliance and 3rd party risk management, with strong analytical and evaluation skills.

  • Good understanding of Canadian and US 3rd party related applicable regulations.
  • Ability to review materials for compliance with regulations and draft policy language.
  • Strong data analytics and presentation skills; advanced Excel, PowerPoint, and experience with dashboard/analytics tools.
  • Ability to explain complex technical topics in simple terms to business audiences.
  • Certifications (asset):CRISC, CGEIT, CISA, CISM, PMP, cloud compliance.
  • Knowledge of data governance frameworks and experience in large, complex organizations.
  • Understanding of key enterprise risk management steps: identify, assess, prioritize, treat, monitor.
  • Strong understanding of control frameworks (e.g.,COSO, NIST, COBIT).
  • Expertise in Excel, Power BI, and data visualization.
  • Excellent communication, analytical thinking, collaboration, and problem‑solving skills.
  • Able to work through ambiguity and make data‑driven decisions.

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.

About BMO

Financial Services
10,000+

At BMO, banking is our personal commitment to helping people at every stage of their financial lives.

The truth is, people’s needs change: so we change too. But we never change who we are. Which means we’ll never waiver from providing our customers the best possible banking experience in the industry.

Our incredible team of over 46,000 people is just the tip of the iceberg. You should get to know us. We’re here to help.

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