Director, Commercial Governance & Controls Initiatives

Application Deadline: 10/02/2026 Address: 320 S Canal Street Job Family Group: Business Management Leveraging deep expertise in Commercial Banking, risk management, and internal controls, the Director, Commercial Governance & Controls Initiatives is a hands-on risk professional responsible for analyzing data, identifying trends and emerging risks, and supporting the execution of key governance and control priorities across U.S. Commercial Banking. The role delivers actionable insights through monitoring, analysis, and reporting, while advancing governance and control initiatives in support of effective risk management aligned with the Bank’s risk appetite, regulatory expectations, and internal policies. Contributes to the business’ accountability for the delivery of programs across applicable Tier 1 Risk Types. Contributes to the design of governance and control requirements for products, processes, and channels. Supports the design, development, automation, and coordination of evidence based controls across Credit & Counterparty, Non Financial, Liquidity & Funding, Market, Strategic, Reputation, and Environmental & Social Risks. Supports effective and efficient compliance with regulatory obligations in alignment with the Bank’s Risk Management Framework and approved Risk Appetite. Supports multiple, varied Commercial business units with significant complexity and business risk Acts as a strategic partner to ensure the program elements become an integrated component of the overall business/group strategies. Breaks down complex risk topics and strategic problems; analyzes data and information to provide clear, actionable insights and recommendations. Manages/supports execution of priority initiatives, including regulatory remediation, governance & control enhancements, and strategic transformation efforts. Designs measurable sustainment strategies including assessing and recommending mitigations for  segment-specific risks and prioritizing opportunities Performs monitoring and analysis across key risk categories, identifying trends, emerging risks, and areas requiring management attention. Evaluates control effectiveness and partners with management to address identified risks and deficiencies; provides guidance on control design and operation Performs root cause and trend analysis on issues, incidents, audit findings, and risk indicators to support management action plans. Coordinates response activities for material risk events, including root cause analysis, impact assessment, remediation planning and implementation Understands the identified risk exposures and supports the development of action plans required to mitigate identified risks. Drives an integrated view of presentations and analysis, ensuring consistent assessment and messaging Represents the business/group in Working Groups/Governance Forums/Committees and provides regular updates. Builds strong, trusted relationships across Commercial Banking business partners, U.S. Banking, Risk, Compliance, and Audit Contributes to a strong risk culture through collaboration with 1LOD, and engagement with Second Line of Defense (2LOD), Corporate Audit (3LOD), to ensure risks related to products, services, and processes are identified, assessed, measured and managed within the approved risk appetite, and reported on an ongoing basis. Builds awareness, knowledge, and skills and, as necessary, provides communication, practical tools and ongoing support including making presentations, to promote a culture of risk identification and management. Influences how teams/groups work together. Develops an expert understanding of business/group challenges. Develops longer term program strategies assessing both internal needs & industry trends to deliver best-in-class programs for BMO. Supports multiple, varied Commercial business units with significant complexity and business risk Acts as a subject matter expert on relevant regulations and policies. Prepares and briefs senior leaders on regulatory matters across multiple businesses/groups. Directs strategic programs that impact BMO and provides integrated management of subsidiary projects and internal or external stakeholders. Provides overall program level change leadership to ensure program vision and objectives are achieved and effectively integrated across BMO. Acts as the prime contact for internal/external stakeholder relationships, which may include regulators. Leads change management programs of varying scope and type, including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives. Monitoring to ensure that 1st line jobs are following defined processes and procedures. Develops, documents and maintains business/group procedures Tracks exception/exemption requests and corresponding approvals. Facilitates training to ensure business unit employees fully understand requirements. Provides quality control for investigations, self-reports, examinations and independent reviews, providing verbal and written responses to requests for action plans, information and/or documentation. Supports the design, development, coordination of implementation, automation and continuous improvement of 1LOD LOB risk management programs, including supporting the establishment and maintenance of LOB specific policies standards, business processes and controls across all applicable financial and non-financial risks. Works with assigned business/group leaders to interpret, apply and operationalize relevant regulatory frameworks across the LOB/jurisdiction and designs, develops, coordinates and continually improves the LOBs risk management programs and supporting activities to ensure the business operates within the approved risk appetite and optimizes risk return while meeting BMO’s regulatory compliance obligations and consistent with the Bank’s Risk Management Framework Conducts or supports self-assessments to demonstr