Legal Counsel and Senior Compliance Officer

Date limite pour présenter sa candidature :

Adresse :

Groupe de famille d'emploi :

Provides and manages the delivery of legal and regulatory advice on products, initiatives, strategies, policies and developments for and on behalf of BMO Investments Inc. (mutual fund dealer) (“BMO II”) and BMO Financial Group. Using knowledge of the financial services industry, the Canadian securities regulatory framework and its environment, assists in the implementation, maintenance and administration of BMO II’s compliance program. Coordinates and performs risk assessment, monitoring, testing and surveillance activities to ensure the BMO II program remains current and aligned with BMO Compliance Program. Works with business/group and internal partners to ensure regulatory, corporate and fiduciary obligations are met. Advises business/group on legal and compliance implications of new regulatory developments or internal products, and assists to implement new/revised policies and programs to address them. Identifies risks and implements appropriate actions to mitigate them. Develops and maintains compliance information for analysis and reporting. Achieves compliance goals by maintaining current knowledge of regulatory requirements and developments. Influences and negotiates to achieve business objectives. Contributes to business/group results by providing oversight and making recommendations that significantly impact the Bank’s ability to monitor regulatory compliance programs, minimize operational risk and align with regulatory agencies.

Delivers legal advice, instructs external counsel and ensures compliance with internal policies & procedures for a single or small number of function(s).

• Acts as a subject matter expert on relevant laws, regulations, policies, directives and guidance which apply to Canadian securities dealers and the Bank - in-depth knowledge of Canadian mutual fund dealer regulation an asset.

• Provides input to business/group and serves as a specialist resource to senior leaders and stakeholders on emerging risks, regulatory developments and interpretation of regulations.

• Provides advice and influences assigned business/group on implementation of solutions aligned to regulatory risk appetite based on an understanding of business operations and stakeholder needs.

• Identifies risks and implements appropriate actions to mitigate them.

• Exercises judgment to identify, diagnose, and solve problems within given rules; applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to problems that can be complex and non-routine.

• Makes recommendations to senior leaders on strategy and new initiatives, based on an in-depth understanding of the business/group.

• Consults on new products, services and automated systems to assist with incorporating compliance requirements into these initiatives.

• Leads/participates in the design, implementation and management of core business/group processes.

• Resolves daily issues and/or escalates with appropriate analysis and/or recommendations.

• Implements areas of improvement to ensure consistency with market place.

• Builds effective relationships with internal/ external stakeholders.

• May network with industry contacts to gain competitive insights and best practices.

• Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.

• Focus is primarily on BMO II; may have broader, BMO enterprise-wide focus.

• Works independently on a range of complex tasks, which may include unique situations.

• Builds effective professional relationships with business group, internal/external stakeholders and trust with regulators.

• Analyses/reviews and reports compliance data and associated data to Compliance and business/group management.

• Oversees the implementation, maintenance and monitoring/ reporting of all policies, guidelines, procedures and compliance programs, provides advice/rulings as necessary, for one or multiple complex function(s)/activity(ies).

• Effectively challenges risk assessments for business/group and assists to identify more effective compliance controls.

• Effectively challenges monitoring and testing activities to ensure compliance controls are operating and aligned to regulatory requirements.

• Identifies, assesses, effectively challenges and oversees the satisfactory resolution of issues, including ensuring adequate management remediation plans and validation.

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

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

• Conducts and/or effectively challenges risk assessments for business/group and assists to identify more effective compliance controls.

• Performs and/or effectively challenges monitoring and testing activities to ensure regulatory compliance controls are operating and aligned to regulatory requirements. Supports root cause analysis in response to material control failures in business/group.

• Identifies, assesses, effectively challenges and provides oversight on the satisfactory resolution of issues, including ensuring adequate management remediation plans and validation. Elevates high profile issues/risk cases to Compliance and business/group management for prompt resolution.

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

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

• Consults on new products, services and automated systems to assist with incorporating compliance requirements into these initiatives.

• 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.

• Represents the business/group Compliance team and interacts with examiners/auditors during internal, external and regulatory audits and examinations.

• Provides regulatory perspective on business group’s sales and marketing materials.

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

• Builds effective professional relationships with business/groups.

• Operates effectively within a high stress environment with constantly changing expectations and regulatory & audit scrutiny.

• Accesses, monitors and reports on sensitive Bank, customer, transactional and employee information to ensure compliance with regulatory requirements.

• Communicates the roles and importance of each of the three lines of defense, and proactively identifies regulatory risk.

• Implements changes in response to shifting trends.

• Geographic scope: up to global.

• Broader work or accountabilities may be assigned as needed.

Qualifications:

• Typically between 4 - 6 years of legal practice or an equivalent combination of education and experience.

• Degree in law (LLB or JD) and license to practice law in relevant jurisdiction.

• Private practice, in-house experience or experience at regulatory body relating to the regulation of business/group activities may be required.

• Knowledge in legal field, typically with a functional or business line specialization.

• Technical proficiency gained through education and/or business experience

• Detailed knowledge of consumer protection regulations and related marketing and advertising guidelines.

• Strong communication, critical thinking, relationship management and project management skills.

• Verbal & written communication skills - In-depth / Expert.

• Collaboration & team skills; with a focus on cross-group collaboration - In-depth / Expert.

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

• Influence skills - In-depth / Expert.

• Data driven decision making - In-depth.

• Able to manage ambiguity.

• Written/spoken French an asset.

Rémunération et avantages sociaux :

Type de rémunération :

Ce qui précède représente la fourchette et le type de rémunération de BMO Groupe financier.

Les salaires varieront en fonction de facteurs comme l’emplacement, les compétences, l’expérience, les études et les qualifications pour le poste et pourront inclure une structure de commissions. Les salaires pour les postes à temps partiel seront calculés au prorata du nombre d’heures travaillées régulièrement. Pour les rôles à commission, le salaire susmentionné représente la cible de BMO Groupe financier pour la première année au poste.

La rémunération totale offerte par BMO variera selon le type de rémunération associé au poste et peut comprendre des primes de rendement, des primes discrétionnaires ainsi que d’autres avantages et récompenses. BMO offre également une assurance santé, le remboursement des frais de scolarité, une assurance accident et une assurance vie, ainsi que des régimes d’épargne-retraite. Pour en savoir plus sur nos avantages sociaux, consultez le site : https://jobs.bmo.com/ca/fr/R%C3%A9mun%C3%A9ration-globale

Ici, pour vous.

À BMO, nous sommes animés par une raison d’être commune : Avoir le cran de faire une différence dans la vie, comme en affaires. Cette raison d’être nous invite à entraîner des changements positifs et durables pour nos clients, nos collectivités et nos gens. En travaillant ensemble, en innovant et en repoussant les limites, nous transformons des vies et des entreprises et favorisons la croissance économique partout dans le monde.

En tant que membre de l'équipe de BMO, vous êtes valorisé, respecté et entendu, et vous avez plus de moyens pour progresser et obtenir des résultats. Nous nous efforçons de vous aider à obtenir des résultats dès le premier jour, pour vous-même et nos clients. Nous vous offrirons les outils et les ressources dont vous avez besoin pour franchir de nouvelles étapes, car vous aidez nos clients à franchir les leurs. Au moyen de formation et de coaching approfondis ainsi que de soutien de la direction et d'occasions de réseautage, nous vous aiderons à acquérir une expérience enrichissante et à élargir votre groupe de compétences.

Pour en savoir plus, visitez-nous à l'adresse https://jobs.bmo.com/ca/fr.

BMO s'engage à offrir un milieu de travail inclusif, équitable et accessible. Nous apprenons de nos différences et tirons notre force des gens et de leurs différents points de vue. Des mesures d’adaptation sont disponibles sur demande pour les candidats qui participent à tous les aspects du processus de sélection. Pour demander des mesures d’adaptation, veuillez communiquer avec votre recruteur.

Remarque aux recruteurs : BMO n’accepte pas les curriculum vitæ non sollicités provenant de toute source autre que le candidat directement. Tout curriculum vitæ non sollicité envoyé à BMO, directement ou indirectement, sera considéré comme la propriété de BMO. BMO ne paiera aucuns frais pour les placements découlant de la réception d’un curriculum vitæ non sollicité. Une agence de recrutement doit d’abord détenir une entente de service écrite valide et dûment signée avant d’envoyer des curriculum vitæ.