Job Title

Join to apply for the Manager, Anti Money Laundering Officer Wealth Management role at BMO . Were looking for candidates with proven experience in wealth management or wealth products as its a key component of this position. Provides oversight, monitoring and reporting on financial crime risks for a designated portfolio. Develops and monitors risk management framework that includes the governance framework & practices leveraged across BMO to manage financial crime risks. Provides policies & standards, methodologies and controls that increase transparency, accuracy and consistency across groups. Works with stakeholders to implement the methodology, metrics and program standards for the assigned portfolio to ensure compliance as well as effective monitoring, timely reporting and identification of action plans. Responsibilities Act as a trusted advisor to assigned business/group. Guide/assist in the identification and classification of issues; recommend action plans. Influence and negotiate to achieve business objectives. Recommend and implement solutions based on analysis of issues and implications for the business. Assist in the development of strategic plans. Identify emerging issues and trends to inform decision-making. Research existing or emerging requirements & related best practices to assist and develop recommendations for changes/enhancements. Assist with the interpretation of new or changing regulations and assessing impacts to the governance frameworks. Help determine business priorities and best sequence for execution of business/group strategy. Conduct independent analysis and assessment to resolve strategic issues. Lead the development and maintenance of the governance system and framework. Support development and execution of strategic initiatives in collaboration with internal and external stakeholders. Ensure alignment between stakeholders. Represent the risk program / governance structure during internal/external regulatory audits and/or examinations. Coordinate the management of databases; ensure alignment and integration of data in adherence to data governance standards. Build change management plans of varying scope and type; lead or participate in a variety of change management activities including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives. Lead in defining the communication plan designed to positively influence or change behaviour; develop tailored messaging; and identify appropriate distribution channels. Assess education and training needs to develop and deliver training. Lead and integrate the monitoring, measurement & reporting on the status of the financial crime risk governance program to internal & external stakeholders. Lead the management of governance meetings and maintenance of governing body mandates, oversight and approval guidelines. May provide specialized support for other internal and external regulatory requirements. Provide input into the planning and implementation of ongoing operational programs in support of the financial crime risk framework. Lead/participate in the design, implementation and management of core business/group processes. Administer and maintain financial crime risk program activities in adherence to all policies, procedures and established processes. Identify potential risk situations/impacts, and make recommendations or escalates to the manager, as per guidelines. Develop and maintain in-depth knowledge of business and related risk management requirements and legislative/ regulatory directives and guidance. Build effective relationships with internal/external stakeholders e.g. business stakeholders and Corporate Support Areas (CSAs) in providing second line of defense financial crime risk management support. Manage databases and provide support for analysis, forecasting and/or data visualization, ensuring adherence with data governance standards. Analyze data and information to provide insights and recommendations; include identification of risk impacts for new processes and workflows related to initiatives. Coordinate and monitor the review and signoff of attestations and reporting. Maintain tools and templates for financial crime risk programs (e.g., AML Legislative Compliance Program), as required. Focus is primarily on business/group within BMO; may have broader, enterprisewide focus. Provide specialized consulting, analytical and technical support. Exercise judgment to identify, diagnose, and solve problems within given rules. Work independently and regularly handle nonroutine situations. Broader work or accountabilities may be assigned as needed. Qualifications Typically between 5 - 7 years of relevant experience and postsecondary degree in related field of study or an equivalent combination of education and experience. Indepth knowledge of financial crime risk management practices. Indepth knowledge of the designated business / product portfolio. Indepth knowledge of regulatory requirements. Indepth knowledge of quantitative techniques and economic capital methodologies. Indepth knowledge & experience with risk policy frameworks; quality control / testing frameworks. Deep knowledge and technical proficiency gained through extensive education and business experience. Verbal & written communication skills Indepth. Collaboration & team skills Indepth. Analytical and problem solving skills Indepth. Influence skills Indepth. Data driven decision making Indepth. Salary: $69,000.00 $129,000.00 Pay Type: Salaried The above represents BMO Financial Groups 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 parttime roles will be prorated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Groups expected target for the first year in this position. BMO Financial Groups total compensation package will vary based on the pay type of the position and may include performancebased 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: 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. Well support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From indepth training and coaching, to manager support and networkbuilding opportunities, well help you gain valuable experience, and broaden your skillset. To find out more visit us at BMO is committed to an inclusive, equitable and accessible workplace. By learning from each others 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. #J-18808-Ljbffr