Director, Human Resources, Regulatory Governance & Compliance

Application Deadline: 05/02/2024 Address: 100 King Street West Job Family Group: Human Resources Reporting directly to the Global Head HR Operations & CDAO (HR), is the senior leader of the Governance Function for HR globally. This role and function integrates and oversees the three risk aligned requirements of the HR Division: Human Resources (HR) as a Governance Function for HR Risk globally; Non Financial Risk oversight for HR as a Business Unit; Oversight Function for the HR Global Regulatory Compliance Program. Provides strategic leadership, oversight, monitoring and reporting on these three programs. Develops and monitors global HR Risk via a robust management framework including a governance model & practices that is leveraged across BMO to manage HR risk., Develops and monitors a robust global HR Regulatory Compliance Program, ensuring the framework and activities algin with the Enterprise Compliance Model in all jurisdictions in which BMO operates. Develops and monitors a robust global Non Financial Risk oversight program for HR as a business unit. The frameworks, programs and practices define the ways and methods HR Risk management is implemented, managed, monitored and strengthened across the enterprise. The governance framework includes policies/guidelines and provides programs/processes/practices and measures to promote transparency, accuracy, consistency across groups. As a senior leader in the division and the expert on risk for the function, this role is critical to the divisions functioning. This role and the team reporting to it, work with every leader and employee in the HR function and is looked upon to: Manage the risk management framework for Human Resources Risk, and provide oversight of risk management and governance activities, programs and processes related to Human Resources Risk; Develop risk solutions and makes recommendations based on an understanding of risk management and stakeholder needs; Provide advice and guidance on managing & overseeing HR risk in alignment with overall BMO framework; Acts as a subject matter expert to interpret applicable regulations & policies and makes recommendations on how to resolve business issues; Break down strategic problems, and analyses data and information to provide insights and recommendations; Monitor and track risk management performance, and address any issues; Maintain awareness of HR Risk management best practices, processes and industry trends and conducts internal and external benchmarking specific to HR Risk, assessing BMO effectiveness while ensuring appropriate opportunities for improvement are realized; Act as the prime contact for internal/external stakeholder relationships, which may include regulators; Participate in Enterprise Non Financial Risk Management Committees representing HR Risk; Maintain the Process Risk Control Library for HR as a Business Unit (globally); Complete the annual Process Risk Assessment for HR as a Business unit, coordinating with all Risk Speciality Areas for concurrence to assessment; Prepare and implement the annual M&T program for the HR PPC Library components; Oversee and approves HR Risk metrics; Lead the interpretation of new or changing regulations and assessing impacts to the governance and/or risk management framework & framework components; Define business requirements for analytics & reporting to ensure data insights inform business decision making; Perform independent assessments of the aggregate HR Risk profile; provides assurance that HR Risk is managed in a prudent manner; Perform annual self assessment of the Global HR Regulatory Compliance Program, addressing any suggested improvements or gaps; Provide specialized support for other internal and external statutory and regulatory requirements (i.e. co-ordination of required Corporate HR notices and attestations, etc.). Manage the review and sign-off process for relevant regulatory reporting; Amalgamate issues and emerging risks for the HR Risk program. Assists with classification of issues and reporting across programs if applicable; Formulate the assessment of status of risk for Corporate HR reporting including the quarterly HR Risk Profile; Update and maintain the HR Corporate Policy & HR Corporate Standard; Provide support, advice and guidance in the development of other HR policies and procedures. Maintains existing and develops new Operating Guidelines to support the HR governance framework; May lead the management and oversight of all audits in Corporate HR as appropriate, includes all Corporate Audits, Shareholder audits (i.e. related to SOX 404) and Regulatory audits. Oversight accountabilities include education and training related to audits, tracking and monitoring of deficiencies and testing of completed action plans; May perform required 1st LOD program management activities (e.g., business continuity planning, etc.) Qualifications: Typically 9+ years of relevant risk management experience and/or certification in related field of study or an equivalent combination of education and experience. Seasoned expert with extensive industry knowledge. Technical leader viewed as a thought leader for innovation. Verbal & written communication skills - Expert. Analytical and problem solving skills - Expert. Influence skills - Expert. Collaboration & team skills; with a focus on cross-group collaboration - Expert. Able to manage ambiguity. Data driven decision making - Expert. Compensation and Benefits: $103,500.00 - $192,500.00 Pay Type: Salaried The above represents BMO Financial Groups 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 Groups expected target for the first year in this position. BMO Financial Groups 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 Were here to help 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. Well 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, well 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 others 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. BMO is a leading bank driven by a single purpose: to Boldly Grow the Good in business and life. Everywhere we do business, were focused on building, investing and transforming how we work to drive performance and continue growing the good. Who we are Were proud to be fueling growth and expanding possibilities for individuals, families and businesses. More than 12 million customers count on us for personal and commercial banking, wealth management and investment services. As the 8th largest bank in North America by assets, we provide personal and commercial banking, wealth management and investment services to more than 12 million customers. In Canada, the United States and across the globe, well continue to build, invest and transform to drive performance that serves the good that grows.