Risk Management Specialist (banking , 3rd Party Risk, Regulatory Environment)

Toronto, ON, Canada

Job Description


One of our major banking clients is looking for a Risk Management Specialist (Banking , 3rd Party Risk, Regulatory environment)
Length: 6 months contract with a strong possibility of extension
Work Location- Toronto, ON - Hybrid ( 2 days in office)
Hours of Operation: Monday to Friday, 9am-5:00pm
LOB: ProcurementROLE MANDATE:
This group manages all third-party risk management for BMO. All third parties that work with BMO go through a risk assessment process and this group validates the controls and procedures to ensure the bank is aware and mitigating any risk to the organization. We are looking for a self-starter to join the collaborative team and support a variety of administrative tasks. The selected individual will be trained in the role and will be expected to work alongside team members and cross-functional groups at BMO that engage with third parties who access enterprise information.The selected candidate is expected to:

  • Foster a culture aligned to BMO\'s purpose, values, strategy and role models BMO values and behaviours in all that they do.
  • Ensure alignment between values and behaviour that fosters diversity and inclusion.
  • Regularly connect work to BMO\'s purpose, sets inspirational goals, defines clear expected outcomes, and ensures clear accountability for follow through.
ROLE RESPONSIBILITIES:
  • Monitoring SEMS (Supplier Engagement & Management System) program
  • Escalating items to ensure they are actioned in a timely manner
  • Open action plans in SEMS
  • Creating, maintaining, and updating all program management documentation
  • Maintain a Change Management repository (e.g. SharePoint site) to promote awareness of compliance to and storage of all related Changes and the Change Governance documentation.
  • Monitoring the storage of the change related documentation in the approved Book of Record
  • Advanced knowledge of change management principles, training and communications
  • Reporting, as needed, on any issues as requested from management
  • Understanding of TPRM Directive, ONFR guidelines and other relevant third-party policy requirements
  • Performs periodic reviews of TPRM documentation
  • Provide insights and making recommendations for enhancements BMO\'s tools
  • Identify emerging issues and trends to inform decision-making
  • Works collaboratively with internal and external stakeholders
  • Broader work or accountabilities may be assigned as needed
MUST HAVE SKILLS:
  • Excellent written and verbal communication skills
  • Collaborator, able to work with cross-functional teams
  • Two to three years of professional working experience
  • Strategic and critical thinking
  • Able to see what needs to be done and act without needing direction (self-sufficient)
  • Knowledge and understanding for managing programs
  • Analytical and problem-solving skills
  • Data driven decision making
NICE TO HAVE SKILLS:
  • FI/Financial Services experience
  • Experience within a regulated environment
  • Influence skills
  • Able to manage ambiguity
Interviews:
Over Teams (hiring manager is in Chicago, we will ensure to schedule interviews in correct time zones)URGENT: Please read the job description above. If this interests you, apply to the job with your most updated resume, including your contact number and email address.The recruiter in charge of this role is Zara.If you do not think you are a match for this opportunity, but know someone who is, feel free to forward this job description to them and you will be eligible for a referral bonus upon a successful hire.Please note that this is the most up to date version of job description available at this time - During Client Interview you will receive additional information - variance may apply!Please note: Adherence to our end client\'s vaccination policy is a requirement.Please visit the TEAMRECRUITER website to review other CAREER OPPORTUNITIES!Teamrecruiter.com IncTeamrecruiter.com is a provider of staffing and recruitment services to Fortune 500 and emerging growth companies across North America. Our consultants and account representatives work internally or externally with our clients assisting them...

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Job Detail

  • Job Id
    JD2333768
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Toronto, ON, Canada
  • Education
    Not mentioned