BMO U.S. · 23 hours ago
VP Risk ID, Emerging Risks & Events
Chicago, IL
Full-time
Onsite
Mid, Senior Level
$102K/yr - $190K/yr
7+ years expBMO U.S. is focused on creating lasting, positive change in business and life. The Vice President of Emerging Risks & Scenarios will lead the development and implementation of a comprehensive emerging risks identification, assessment, and monitoring process to support BMO’s Risk Management Framework.
Banking
Responsibilities
Develop and implement a target state emerging risks identification, assessment and monitoring process and reporting that is comprehensive, efficient, structured and is rooted in comprehensive sourcing, what-if scenarios and full integration with risk inventory/material risks to deliver dynamic, insightful and actionable emerging risk reporting including early warning indicators
BAU management of monthly emerging risks process by: being a key point of contact and trusted partner for stakeholders that ensures a highly transparent, efficient and structured process/playbook is being executed and delivering quality controlled, insightful and actionable reporting to management committees and the Board
Develop and implement a robust central system/tool to document, update, store and report on emerging risk external sources, emerging risks inventory and early warning indicators
Qualification
Required
7+ years of relevant Emerging Risks & Events experience at large financial institutions (preferably Global Systemically Important Banks (GSIBs), or Domestic Systemically Important Banks (DSIBs)
In depth / Expert knowledge of economics, risk management, modeling/forecasting, and/or stress testing
Knowledge of banking products, including credit and non-credit experience, economics and financial markets
In-depth / Expert communication and relationship management skills
In-depth / Expert ability to manage multiple priorities with effective planning and organizing skills
In-depth / Expert verbal & written communication skills
In-depth / Expert analytical and problem-solving skills
In-depth / Expert influence skills
In-depth / Expert collaboration & team skills; with a focus on cross-group collaboration
In-depth / Expert ability to manage ambiguity
Develop and implement a highly efficient, consistent and insightful process to map existing and proposed emerging risks to material risks to understand risk inventory coverage and understanding of new and/or evolving emerging risks
Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to problems that can be complex and non-routine
Implements changes in response to shifting trends
Fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behaviours in all that they do
Ensures alignment between values and behaviour that fosters diversity and inclusion
Regularly connects work to BMO's purpose, sets inspirational goals, defines clear expected outcomes, and ensures clear accountability for follow through
Benefits
Health insurance
Tuition reimbursement
Accident and life insurance
Retirement savings plans
Company
BMO U.S.
We’re a bank, but there’s more to it than that. We're a top ten bank in North America and have been serving our customers since 1817.
5001-10000 employees
H1B Sponsorship
BMO U.S. has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (1)
2024 (11)
2023 (41)
2022 (22)
2021 (14)
2020 (21)
Funding
Current Stage
Late StageLeadership Team
Mike Morton
Vice Chair U.S. Commercial Banking
Recent News
2025-10-16
2025-09-23
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