Capital Markets, Senior Compliance Officer

About the role

The Capital Markets Senior Compliance Officer will assist in the effective implementation, maintenance, and administration of the Capital Markets Compliance Program. This role provides compliance advisory services, coordinates and performs ongoing risk assessment, monitoring, and surveillance activities to ensure the Compliance Program remains current and aligned with the Firm’s Enterprise-wide Compliance Program.

The role works closely with internal business partners to ensure regulatory, corporate, and fiduciary obligations are met, with a specific focus on compliance oversight over BMO’s Capital Markets and equity activities. Responsibilities include maintaining current knowledge of regulatory requirements, monitoring risk, identifying and correcting gaps, and providing real-time guidance on new regulatory policies or Bank products.

Responsibilities

• Implement and maintain the Firm’s compliance framework.
• Assist in the implementation of new or revised policies and programs to address regulatory changes.
• Develop and maintain compliance information for analysis and reporting.
• Conduct surveillance reviews and evaluate the accuracy, reliability, and integrity of compliance analytics and findings.
• Identify potential issues with surveillance tools and process enhancements; communicate and escalate issues for resolution.
• Fortify detection capabilities and innovation within the program.
• Respond to inquiries from auditors and regulators; participate in initiatives to drive adherence to regulatory frameworks.
• Support the CMC equity program, including building and executing the monitoring framework and compliance responsibilities.
• Assist in developing the Equity Compliance Program regarding FINRA broker-dealer requirements and corresponding oversight.
• Execute testing and analyze key performance indicators to ensure LOB policies and programs meet regulatory expectations.
• Support root cause analysis in response to material control failures.
• Review electronic communications and analyze multiple data types to identify anomalies and patterns of risk.
• Anticipate potential consequences of unaddressed risk factors and recommend appropriate controls.
• Partner with business, legal, risk, and operations teams to provide compliance input on new products, initiatives, and process changes.
• Monitor and assess regulatory developments impacting equities businesses and update policies and procedures as needed.
• Participate in risk assessments, issue tracking, and remediation efforts to address control gaps and regulatory findings.
• Provide guidance to traders, sales staff, operations, and supervisory personnel on new regulations or interpretations, with a focus on SEC and FINRA developments.
• Develop and maintain expertise in regulations, directives, and guidance applicable to the Equity group(s) supported.

Requirements

• Bachelor’s degree required.
• Minimum of 5 years of experience with a financial services firm in a compliance role or equivalent experience at a regulator.
• Strong knowledge of multiple equity market activities, including communications, SEC Rule 605/6, supervision, best execution/order handling, and SEC Rule 15c3-5.
• Ability to build relationships with key stakeholders and lead projects to completion.
• Highly motivated with the ability to work independently, multi-task, and prioritize detail-oriented work under changing deadlines.
• Strong knowledge of applicable securities laws, rules, and regulations with the ability to assess firm impact.
• Series 7, 63, and 24 licenses are a plus.

Skills

• Strong communication, critical thinking, relationship management, and project management skills.
• Deep operational and regulatory knowledge across SEC, FINRA, and exchange rules.
• Strong understanding of options trading and market structure.
• Experience across multiple compliance functional areas (surveillance, investigations, testing, reporting).
• Expertise in surveillance systems, investigation methodologies, and testing protocols.
• Ability to translate complex regulatory requirements into practical operational procedures.
• Demonstrated analytical and problem-solving skills with the ability to synthesize complex information and provide actionable recommendations.

Pay

Salary range: $81,400.00 - $151,800.00 (salaried). Salaries vary based on factors such as location, skills, experience, education, and qualifications. For commission roles, the listed salary represents the expected target for the first year. Part-time salaries are pro-rated based on hours worked.

Total compensation may include performance-based incentives, discretionary bonuses, and other perks and rewards.

Benefits

• Health insurance.
• Tuition reimbursement.
• Accident and life insurance.
• Retirement savings plans.

For more details, visit BMO Total Rewards.