Senior Manager, Anti Money Laundering Officer, Capital Markets

Senior Manager, Anti Money Laundering Officer, Capital Markets

Apply locations: Toronto, ON, CAN

Time type: Full time

Posted on: Posted 3 Days Ago

Job requisition id: R240030909

Application Deadline: 12/29/2024

Address: 100 King Street West

Job Family Group: Audit, Risk & Compliance

Knowledge

• Knowledge of AML regulatory requirements
• Knowledge of AML Risk Management Requirements
• Expert knowledge of assigned Operating Group’s products and supporting business processes across the assigned LoB.
• Expert knowledge in understanding of assigned Operating Group structure.
• Broad knowledge of assigned LoB and T&O business areas
• Experience in roles requiring product and process management, implementation of governance and controls and risk management oversight.

Skills

• Ability to influence others.
• Highly developed relationship management, negotiation and leadership skills.
• Strategic vision and planning ability.
• Excellent change management skills.
• Sound judgment and strong analytical skills to identify opportunities for enterprise collaboration.
• Excellent communication skills in working with Senior Executives, Managers, Auditors, and Regulators.
• Strong critical thinking.
• Ability to identify and affect appropriate risk governance and control mechanisms

Please note, this role requires working twice a week in our Downtown Toronto Office

The Senior Manager, Capital Markets (CM) in Enterprise AML is accountable to oversee and lead the successful oversight and monitoring of the comprehensive AML Program across the Capital Markets Line of Business (LOB) / Legal Entities (LE) and/or jurisdictions of a BMO Operating Group (OG). The role builds and maintains a network of relationships with senior executives across the bank and the AML Reporting Officer (AMLRO) for the OG to monitor the end-to-end AML regulatory and risk management profile and provide regular reports on the status of the AML program in the OG.

With guidance and context from the Director and AML Officer, the Senior Manager leads projects and initiatives which mitigate AML risk posed by the customers, products and operating geographies within an OG. The Senior Manager must possess knowledge of Global Trade & Banking, Investment & Corporate Banking, and Trading Products activities.

The Senior Manager supports the regular reporting on the state of AML compliance for LOBs / LEs and the OG as a whole. This role also serves as an interface for investigative units throughout the Bank to conduct their accountabilities.

Key Areas of Accountability

• Guide the development and maintenance of AML regulatory compliance and risk management practices and procedures across the Operating Group on an end-to-end basis.
• Ensure that the OG Risk profile is aligned with strategic business objectives and the Enterprise stated risk appetite.
• Implement LOB / LE monitoring, performance metrics and processes to consolidate, interpret and report AML issues and emerging risks within OG.
• Build and maintain effective relationships with OG stakeholders as well as regulators and other partners.

Salary: $92,400.00 - $171,600.00

Pay Type: Salaried

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.