Compliance Officer, Registrations

Application Deadline:

11/29/2024

Address:

320 S Canal Street

Job Family Group:

Audit, Risk & Compliance

Assists in the implementation, maintenance, and administration of specific compliance programs within Global Markets, I&CB, and necessary registrations across all U.S. groups. Works with business/group and internal partners to ensure regulatory, corporate and fiduciary obligations are met. Advises business/group on implications of new regulatory developments or internal products to draft and implement new/revised policies and programs to address such changes. Accesses, monitors, and reports on sensitive Bank, customer, transactional, and employee information to ensure compliance with regulatory requirements. Exercises judgment to identify, diagnose, and solve problems within given rules. Works independently on a range of complex tasks, which may include unique registration situations. Operates effectively within a high stress environment with constantly changing expectations and regulatory and audit scrutiny. Able to manage competing work priorities and competing deadlines. Develops and maintains compliance information for analysis and reporting. Achieves compliance goals by maintaining current knowledge of regulatory requirements and registration developments. Maintains functional and regulatory expertise specific to business group and refers to Compliance policies and procedures for requirements.

• Provides advice and guidance to assigned business/group on implementation of solutions to manage regulatory risk based on an understanding of business operations and stakeholder needs as well as necessary registrations for all registered employees.

• Builds effective professional relationships with business line, other internal/external stakeholders and regulators on the initial stages of investigations.

• Elevates high profile issues/risk cases to Compliance and business/group management for prompt resolution.

• Analyses and reports compliance information to Compliance and business/group management.

• Develops and maintains a high level of expertise in all relevant regulations, directives, and guidance which apply to the group(s) supported.

• Analyzes and reports compliance information to Compliance and business/group management.

• Advises first line of defense management and employees on compliance matters.

• Ascertains training needs and helps develop training based on gaps identified through the 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.

• Anticipates, identifies, and analyses risk and consequences of unaddressed risk factors/compliance gaps and recommends appropriate remediation.

• Builds effective professional relationships with business/groups.

• Broader work or accountabilities may be assigned as needed.

• Focus is primarily on business/group within BMO; may have broader, enterprise-wide focus.

Qualifications:

• Typically, between 3-5 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.

• Recognized compliance certificate or equivalent preferred. Proficient knowledge of registration related regulations such as FINRA, SEC, CFTC, NFA rules and regulations.

• Proficient level of knowledge of a compliance field.

• Proficient in communication, critical thinking, relationship management, organization and project management skills.

• Technical proficiency gained through education and/or business experience.

• Verbal and written communication skills- In-depth.

• Rule analysis and drafting skills- In depth

• Microsoft Excel and Word skills- In depth,

• Collaboration and team skills- In-depth.

• Analytical and problem-solving skills- In-depth.

• Influence skills- In-depth.

• Data driven decision making- In-depth.

Salary:

$61,600.00 - $114,400.00

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

We're here to help

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 http://jobs.bmo.com/us/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. BMO is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law. 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.