Senior Compliance Officer - Consumer Banking
Hispanic Alliance for Career Enhancement, Milwaukee, WI, United States
Responsibilities
Provides advice and guidance to assigned business/group on implementation of solutions aligned to regulatory risk appetite based on an understanding of business operations and stakeholder needs.
Consults on new products, services and automated systems to assist with incorporating compliance requirements into these initiatives.
Influences to achieve effective regulatory compliance controls that enable business objectives.
Identifies and advises on emerging issues and trends to inform decision‑making.
Helps determine business priorities and the best sequence for execution of business/group strategy.
Builds effective professional relationships with business group, internal/external stakeholders and maintains trust with regulators.
Analyses and reports on compliance data and related data to gain insights on regulatory risk.
Oversees the development and maintenance of guidelines and procedures, providing advice/rulings as necessary for a single function within a geographic area.
Participates in the design, implementation and management of core business/group processes.
Conducts and/or effectively challenges risk assessments for business/group and assists to identify more effective compliance controls.
Performs and/or effectively challenges monitoring and testing activities to ensure regulatory compliance controls are operating and aligned to regulatory requirements.
Supports root‑cause analysis in response to material control failures in business/group.
Identifies, assesses, effectively challenges and oversees the satisfactory resolution of issues, including ensuring adequate management remediation plans and validation.
Elevates high‑profile issues/risk cases to Compliance and business/group management for prompt resolution.
Analyzes and reports compliance information to Compliance and business/group management.
Develops and maintains a high level of expertise in all regulations, directives and guidance which apply to the group(s) supported.
Provides input to business/group on emerging risks, regulatory developments and interpretation of regulations.
Advises first‑line of defense management and employees on compliance matters.
Ascertains training needs and helps develop training based on gaps identified through compliance monitoring and testing.
Identifies enhancements to business group compliance tools and processes and communicates to required stakeholders.
Assists business group management in communicating and implementing changes to applicable regulatory policies and procedures.
Represents the business/group Compliance team and interacts with examiners/auditors during internal, external and regulatory audits and examinations.
Provides regulatory perspective on the business group's sales and marketing materials.
Anticipates / identifies and analyzes risk and consequences of unaddressed risk factors / compliance gaps, and recommends appropriate controls.
Operates effectively within a high‑stress environment with constantly changing expectations and regulatory & audit scrutiny.
Accesses, monitors and reports on sensitive bank, customer, transactional and employee information to ensure compliance with regulatory requirements.
Communicates the roles and importance of each of the three lines of defense, and proactively identifies regulatory risk.
Focus is primarily on business/group within BMO; may have broader, enterprise‑wide focus.
Provides specialized consulting, analytical and technical support.
Exercises judgment to identify, diagnose, and solve problems within given rules.
Works independently and regularly handles non‑routine situations.
Broader work or accountabilities may be assigned as needed.
Qualifications
Typically a minimum of 6 years of relevant experience and a post‑secondary degree in a related field of study or an equivalent combination of education and experience.
Detailed knowledge of Digital Banking preferred.
Recognized compliance certificate or equivalent preferred.
Detailed knowledge of consumer protection regulations and related marketing and advertising guidelines.
Skilled knowledge of regulatory/compliance requirements and the operations of a single client group.
May require experience at a regulatory body for one or more compliance areas.
Strong communication, critical thinking, relationship management and project management skills.
Deep knowledge and technical proficiency gained through extensive education and business experience.
Verbal & written communication skills – in depth.
Collaboration & team skills – in depth.
Analytical and problem‑solving skills – in depth.
Influence skills – in depth.
Data‑driven decision making – in depth.
Salary and Pay Type
$81,400.00 – $151,800.00
Pay Type: Salaried
Benefits
BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans.
EEO Statement
BMO is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristics. We also consider applicants with criminal histories, consistent with applicable federal, state and local law.
When requested by a person with a known disability, BMO will provide a reasonable accommodation to allow them to continue or apply for the position. The disability accommodations process is managed by the Human Resources Office and is also available at
BMOCareers.Support@bmo.com .
•
Race, religion, color, national origin – these factors are not considered.
•
Sex (including pregnancy, childbirth, or related medical conditions) – these factors are not considered.
•
Sexual orientation – these factors are not considered.
•
Gender identity – these factors are not considered.
•
Gender expression – these factors are not considered.
•
Transgender status – these factors are not considered.
•
Sexual stereotypes – these factors are not considered.
•
Age – these factors are not considered.
•
Status as a protected veteran – these factors are not considered.
•
Status as an individual with a disability – these factors are not considered.
•
Criminal histories – these are considered only in accordance with applicable federal, state and local law.
#J-18808-Ljbffr
Provides advice and guidance to assigned business/group on implementation of solutions aligned to regulatory risk appetite based on an understanding of business operations and stakeholder needs.
Consults on new products, services and automated systems to assist with incorporating compliance requirements into these initiatives.
Influences to achieve effective regulatory compliance controls that enable business objectives.
Identifies and advises on emerging issues and trends to inform decision‑making.
Helps determine business priorities and the best sequence for execution of business/group strategy.
Builds effective professional relationships with business group, internal/external stakeholders and maintains trust with regulators.
Analyses and reports on compliance data and related data to gain insights on regulatory risk.
Oversees the development and maintenance of guidelines and procedures, providing advice/rulings as necessary for a single function within a geographic area.
Participates in the design, implementation and management of core business/group processes.
Conducts and/or effectively challenges risk assessments for business/group and assists to identify more effective compliance controls.
Performs and/or effectively challenges monitoring and testing activities to ensure regulatory compliance controls are operating and aligned to regulatory requirements.
Supports root‑cause analysis in response to material control failures in business/group.
Identifies, assesses, effectively challenges and oversees the satisfactory resolution of issues, including ensuring adequate management remediation plans and validation.
Elevates high‑profile issues/risk cases to Compliance and business/group management for prompt resolution.
Analyzes and reports compliance information to Compliance and business/group management.
Develops and maintains a high level of expertise in all regulations, directives and guidance which apply to the group(s) supported.
Provides input to business/group on emerging risks, regulatory developments and interpretation of regulations.
Advises first‑line of defense management and employees on compliance matters.
Ascertains training needs and helps develop training based on gaps identified through compliance monitoring and testing.
Identifies enhancements to business group compliance tools and processes and communicates to required stakeholders.
Assists business group management in communicating and implementing changes to applicable regulatory policies and procedures.
Represents the business/group Compliance team and interacts with examiners/auditors during internal, external and regulatory audits and examinations.
Provides regulatory perspective on the business group's sales and marketing materials.
Anticipates / identifies and analyzes risk and consequences of unaddressed risk factors / compliance gaps, and recommends appropriate controls.
Operates effectively within a high‑stress environment with constantly changing expectations and regulatory & audit scrutiny.
Accesses, monitors and reports on sensitive bank, customer, transactional and employee information to ensure compliance with regulatory requirements.
Communicates the roles and importance of each of the three lines of defense, and proactively identifies regulatory risk.
Focus is primarily on business/group within BMO; may have broader, enterprise‑wide focus.
Provides specialized consulting, analytical and technical support.
Exercises judgment to identify, diagnose, and solve problems within given rules.
Works independently and regularly handles non‑routine situations.
Broader work or accountabilities may be assigned as needed.
Qualifications
Typically a minimum of 6 years of relevant experience and a post‑secondary degree in a related field of study or an equivalent combination of education and experience.
Detailed knowledge of Digital Banking preferred.
Recognized compliance certificate or equivalent preferred.
Detailed knowledge of consumer protection regulations and related marketing and advertising guidelines.
Skilled knowledge of regulatory/compliance requirements and the operations of a single client group.
May require experience at a regulatory body for one or more compliance areas.
Strong communication, critical thinking, relationship management and project management skills.
Deep knowledge and technical proficiency gained through extensive education and business experience.
Verbal & written communication skills – in depth.
Collaboration & team skills – in depth.
Analytical and problem‑solving skills – in depth.
Influence skills – in depth.
Data‑driven decision making – in depth.
Salary and Pay Type
$81,400.00 – $151,800.00
Pay Type: Salaried
Benefits
BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans.
EEO Statement
BMO is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristics. We also consider applicants with criminal histories, consistent with applicable federal, state and local law.
When requested by a person with a known disability, BMO will provide a reasonable accommodation to allow them to continue or apply for the position. The disability accommodations process is managed by the Human Resources Office and is also available at
BMOCareers.Support@bmo.com .
•
Race, religion, color, national origin – these factors are not considered.
•
Sex (including pregnancy, childbirth, or related medical conditions) – these factors are not considered.
•
Sexual orientation – these factors are not considered.
•
Gender identity – these factors are not considered.
•
Gender expression – these factors are not considered.
•
Transgender status – these factors are not considered.
•
Sexual stereotypes – these factors are not considered.
•
Age – these factors are not considered.
•
Status as a protected veteran – these factors are not considered.
•
Status as an individual with a disability – these factors are not considered.
•
Criminal histories – these are considered only in accordance with applicable federal, state and local law.
#J-18808-Ljbffr