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BMO
BMO

Financial Governance and Controls Manager

Posted 13 hours ago

Job Description

Application Deadline:

02/12/2025

Address:
100 King Street West

Job Family Group:

Finance & Accounting

Develops or maintains an effective financial governance and controls framework that defines the ways and methods governance is implemented, managed, and monitored in the business/group. The governance framework includes policies, guidelines and provides programs, practices and measures to promote transparency, accuracy, consistency across groups. Applies specialized knowledge of Accounting & Financial management risk, regulatory compliance and internal controls related to financial processes and information.
  • Fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behaviours in all that they do.
  • Ensures alignment between values and behaviour that fosters diversity and inclusion.
  • Regularly connects work to BMO's purpose, sets inspirational goals, defines clear expected outcomes, and ensures clear accountability for follow through.
  • Builds interdependent teams that collaborate across functional and operating groups to create the highest value for all stakeholders.
  • Attracts, retains, and enables the career development of top talent.
  • Improves team performance, recognizes and rewards performance, coaches employees, supports their development, and manages poor performance.
  • Acts as a trusted advisor on governance matters.
  • Makes recommendations to senior leaders on Financial controls based on an in-depth understanding of the business/group.
  • Works with stakeholders to establish priorities.
  • Leads or assists with the maintenance, monitoring, measurement & reporting on the status of the internal controls program to various internal & external stakeholder audiences.
  • Conducts independent analysis and assessment to resolve control issues.
  • Leads and integrates the execution of oversight/governance activities and is primary contact across multiple jurisdictions and/or businesses.
  • Acts as the prime subject matter expert for internal/external stakeholders.
  • Manages SOX databases and provides support for analysis, KPI reporting and/or data visualization, ensuring adherence with data governance standards.
  • Designs and produces regular and ad-hoc reports, and dashboards.
  • Leads change management activities of varying scope and type.
  • Leads the management of financial governance meetings and maintains agreed upon action plans.
  • Leads, integrates and coordinates the maintenance, monitoring, measurement & reporting on the status of the internal control over financial reporting program to various internal & external stakeholder audiences.
  • Leads the development, evolution and maintenance of the internal control system and framework.
  • Leads the interpretation of new or changing regulations and assessing impacts to the Internal Controls over Financial Reporting Framework.
  • Leads process, improvements and special projects, designing effective and sustainable solutions.
  • Develops governance and control related solutions and makes recommendations based on an understanding of the business strategy and stakeholder needs.
  • Provides advice and guidance to assigned business/group on implementation of the control framework, including effective challenge.
  • Coordinates and participates in the execution of oversight/governance activities including: reporting, assessment of education & training needs, development/delivery of training, development and execution of SOX administration processes & procedures etc.
  • Assists with the maintenance, monitoring, measurement & reporting on the status of the SOX program to various internal & external stakeholder audiences.
  • Supports financial governance attestation programs, reporting, etc.
  • Assists with the interpretation of new or changing regulations and assessing impacts to the SOX frameworks and program requirements.
  • Develops and maintains in-depth knowledge of business and related financial reporting risk management requirements
  • Supports the management of governance meetings (e.g. committee, management, board meetings, etc.) as required; facilitates development of agendas, gathering and distribution of documentation related to agendas, and creation of presentation deck
  • Builds effective relationships with internal/external stakeholders.
  • Acts as liaison between stakeholders in order to align agendas and ensure a clear understanding of the business context
  • Supports development and execution of strategic initiatives in collaboration with internal and external stakeholders.
  • Leads or participates in change management activities of varying scope and type.
  • Breaks down problems, and analyses data and information to provide control insights and recommendations.
  • Assists in the identification, classification and addressing of process and control issues.
  • Operates at a group/enterprise-wide level and serves as a specialist resource to senior leaders and stakeholders.
  • Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to problems that can be complex and non-routine.
  • Implements changes in response to shifting trends.
  • 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 between 5 - 7 years of relevant experience and post-secondary degree in related field of study (CPA preferred) or an equivalent combination of education and experience (Public Accounting Firms experience is preferred).
  • Working knowledge of business and regulatory environment for financial sector is required.
  • Control framework knowledge & experience preferred e.g. SOX 302, SOX 404, and COSO frameworks.
  • Deep knowledge and technical proficiency gained through 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 analysis - In-depth.
Salary :

$74,800.00 - $138,600.00

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

About Us

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 https://jobs.bmo.com/ca/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. 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.

About BMO

THERE’S NEVER BEEN A BETTER TIME TO BE PART OF BMO. We’ve set our sights on being the bank that defines great customer experience. Our customers’ needs are changing and so are we. Everyone who works here has a role to play in making a difference for our customers. Every day. It’s an amazing feeling when you know you’re making a customer’s life better, and you can do it at BMO – whether you’re imagining a new product, designing a customer experience, streamlining an application, launching a marketing campaign or just being there in a very human way with the right answer.

Industry

Banking & Finance

Company Size

10,000+ employees

Application closing date is 2025-03-31

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