Data Management Risk Specialist

Job Summary

The Governance & Framework Lead develops and continuously improves the data management risk governance framework, including standards, controls, and risk appetite, while assessing regulatory impacts and driving enhancements. They provide independent oversight and effective challenge by evaluating risk exposures, control effectiveness, and compliance, and identify emerging risks to inform decision-making and escalation.

Responsibilities

• Develops and maintains the data management risk governance framework, including standards, policies, procedures, lifecycle management, controls, risk appetite, and risk metrics.
• Interprets regulatory developments and emerging industry practices, assesses impacts on the governance framework, and recommends enhancements to controls, processes, and documentation.
• Provides effective challenge and independent oversight across data management and regulatory analytics by leading self-assessments and compliance reviews, assessing portfolio risk exposure, and evaluating the effectiveness of governance and controls.
• Identifies emerging risks, issues, and trends across initiatives, systems, processes, and workflows; analyzes impacts; and recommends or escalates mitigating actions as appropriate.
• Understands ORX and applies it to enhance the governance framework.
• Develops and manages governance, risk, and regulatory reporting, including metrics, status updates, and required review/sign-off for internal and external stakeholders.
• Advises business and corporate partners on implementation of the risk framework, providing practical guidance, second-line support, and effective challenge on risk management expectations.
• Engages stakeholders in communications and training activities to improve transparency, consistency, accountability, and adoption of governance requirements.
• Designs, implements, and executes core governance, oversight, and regulatory administration processes aligned to applicable policies, procedures, and standards.
• Maintains tools, templates, and program artifacts that support risk assessment, control management, reporting, and technology/information risk governance activities.

Qualifications

• Bachelor’s degree in finance, business, data, or a related data field like cyber or data privacy (advanced MSc degree or certifications such as DCAM, CRISC, or CISA preferred)
• 3-5 years relevant experience in risk management, data governance, or regulatory oversight within a financial services or highly regulated environment
• Strong knowledge of risk management frameworks, regulatory expectations (e.g., BCBS 239, data governance principles), and control environments is essential
• Demonstrated ability to analyze complex data and processes, influence stakeholders, and communicate effectively across technical and non-technical audiences is required
• Experience in governance, reporting, and audit or regulatory engagement

Benefits

• Salary: $74,000.00 - $138,000.00
• Pay Type: Salaried
• Additional benefits available at BMO Financial Group

About Us

BMO Financial Group is committed to Boldly Growing the Good in business and life. 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 BMO Financial Group.

BMO is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristics. We also consider applicants with criminal histories, consistent with applicable federal, state and local law. BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to BMOCareers.Support@bmo.com and let us know the nature of your request and your contact information.