Managing Director Cyber and Technology Risk RSA
BMO · Chicago, IL
📍 Chicago, IL, USAvia workdayFirst listed here 2026-09-20
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Application Deadline:
10/15/2026
Address:
320 S Canal Street
Job Family Group:
Audit, Risk & Compliance
Overview
BMO is seeking a strategic and forward-thinking Managing Director, Cyber & Technology Risk to lead a growing portfolio focused on the independent oversight, assessment, and evolution of the Bank's cyber and technology risk posture. This senior leadership role operates within the 2nd of Defense (2LOD) and is responsible for providing effective challenge, independent review, and risk oversight across cybersecurity, technology controls, and emerging technology risks, including Artificial Intelligence.
The successful candidate will bring deep expertise in cybersecurity risk management and transformational leadership within a large, complex, highly regulated enterprise. This individual will build and mature a growing portfolio, lead a team of six professionals across North America, and serve as a trusted advisor to senior executives, business leaders, and risk stakeholders.
The role is heavily focused on cybersecurity risk (approximately 80%) with responsibility for broader technology risk management (approximately 20%).
Role Purpose
Identifies, assesses, remediates and reports of Cybersecurity and Technology risk and ensures these risks are managed within the Risk appetite of the Bank.
Plays a critical role in ensuring the company's risk-taking entities are aware of the risks inherent in their activities and decisions, the impact of their actions on the company at an enterprise level, and opportunities to reduce, mitigate, or avoid risks altogether. As an ONFR leader, works closely with colleagues across ERPM and with other businesses and functions across the enterprise.
Delivers expert advice, credible challenge, and effective oversight across to identify, assess, control, and manage these risks throughout the company. Provides strategic future forward vision of the required maturity of these risk domains leveraging more predictive analytics.
Key Accountabilities:
Provides subject matter expertise, specialist support, and oversight for Risk Speciality Areas relating to cyber and technology risk.
Establishing risk standards required to mitigate Cyber and Technology Risk, to comply with regulatory requirements, Corporate Policies, Corporate Standards
Own the enterprise-wide second line technology and cyber risk oversight strategy, ensuring independent challenge across all technology and cyber risk domains.
Provide oversight over control improvements and actions that underway (issue etc.) to manage Cyber and Technology Risk exposures, providing Effective Challenge and oversight as appropriate.
Through independent assessments, reviews and recommends changes to processes or procedures, and oversees any significant business unit corrective actions, as necessary
Provide independent oversight and challenge over first-line risk assessments, control testing, control self-assessments, risk acceptances, issue management activities, remediation plans, and material technology and cyber initiatives.
Lead governance and reporting activities for Technology and Cyber Risk, including Cyber Risk sub-committees and providing independent risk updates to executive management committees, including T&O risk committees, enterprise risk committees
Report an independent Technology and Cyber Risk Profile, including material exposures, emerging risks, control effectiveness, thematic concerns, and risks outside of tolerance, to senior management, regulators, and Board committees.
Oversee the identification, assessment, management, and reporting of emerging technology and cyber risks, ensuring evolving threats, industry trends, disruptive technologies, and regulatory expectations are reflected in the Bank's risk management practices.
Provide independent oversight of Business Managed Applications (BMA), end-user computing environments, and other business-owned technology assets to ensure appropriate governance, control, and risk management practices are established and maintained.
Plays a key role in assessing and enhancing the organization's cyber and technology risk capability maturity and maintains and updates risk models, identifying and developing innovative risk assessment techniques, incorporating data driven and continuous risk assessments.
Develop and implement mechanisms to identify emerging trends and best practices in technology cyber risk management, leveraging resources / industry trends
Update and maintain key performance indicators (KPIs) and key risk indicators (KRIs) to objectively measure program effectiveness / identify areas for improvement.
Leads the development and implementation of key risk indicators (KRIs), key performance indicators (KPIs) that are risk sensitive and adapting as new threats emerge.
Drive independent assessments of the bank’s information security, cybersecurity, cloud and technology capabilities, and provide expertise and advice on accelerating maturity of the firm's cyber capabilities
Provides independent expertise during capability maturity reviews, preparing independent assessments of maturity levels, and developing reports for senior management. Identifies and assesses alternative approaches to risk mitigation and advises the business and stakeholder leadership with respect to trade-offs.
Provide updates to regulators on cyber and technology risk with respect to existing controls, the risk management framework overall, and emerging threats and challenges, including the OCC, FRB, and OSFI
Stays current on emerging NFR sub-risk threats and potential implications to the firm and mentors/coaches more junior members of the team.
Collaborates effectively with colleagues, stakeholders, and leaders across multiple organizations to achieve objectives
Leads program-related activities and deliverables to ensure effective collaboration within the team and across stakeholder groups
Within the mandate of this ro
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