Compliance Officer, Regulatory & Advisory

Address:

The Compliance Officer, Regulatory & Advisory (BMO Nesbitt Burns, Retail Compliance) reports to the Senior Compliance Manager, Regulatory & Advisory. The Compliance Officer will assist the Senior Compliance Manager and colleagues with the following:

• responding to inquiries in the advisory inbox
• fulfilling a second line function for various compliance related activities, including reviews of outside activities, private placements, personal financial dealings, etc.
• assist in providing advice to the business on regulatory developments, and changes to products and programs and to policies and procedures
• assist as required on any regulatory or internal exams
• assist as required on regulatory development initiatives, regulatory proposals, and regulatory reporting
• coordinate as required with the Compliance Oversight & Branch Reviews teams, and with other teams including the broader Private Wealth Canada team, and
• other tasks as may be assigned.

The Compliance Officer will work with the business and other internal and external stakeholders to help ensure regulatory, corporate and fiduciary obligations are met, identify emerging risks and trends and advise on the implementation of appropriate actions to mitigate them, and develop and maintain compliance information for analysis and reporting. When addressing risks, the Compliance Officer will help contribute to the business and Compliance’s results by providing oversight and making recommendations that significantly impact the Bank’s ability to monitor regulatory compliance programs, minimize operational risk and align with regulatory agencies. To achieve these goals, the Compliance Officer will need to maintain knowledge of regulatory requirements and developments.

Qualifications:

• Typically between 3 - 5 years of relevant experience (including experience with regulatory developments/regulatory proposals, regulatory exams and advising the business on compliance related matters) and a post-secondary degree in related field of study or an equivalent combination of education and experience.
• Track record of fostering compliance.
• Proficient level of knowledge of a compliance field. Knowledge of regulatory/compliance requirements in relation to the operations of a full-service securities dealer and of CIRO rules preferred.
• Strong knowledge of business operations & procedures, and activities involving documented practices.
• Recognized compliance certificate or equivalent preferred.
• Strong communication (verbal & written), critical thinking, relationship management and project management skills.
• Strong analytical and problem-solving skills / data driven decision-maker.
• Influence skills.
• Collaboration & team skills; with a focus on cross-group collaboration.
• Other assets: experience at a securities regulator, being bilingual.

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.