BMO U.S. · 16 hours ago
Sr. Manager, Equity Derivatives Risk Oversight
New York, NY
Full-time
Onsite
Senior Level
$133K/yr - $247K/yr
7+ years expBMO U.S. is a financial institution seeking a Sr. Manager for Equity Derivatives Risk Oversight. The role involves providing market risk oversight, developing risk management frameworks, and acting as a trusted advisor to senior leaders while ensuring compliance and effective monitoring of equity derivative portfolios.
Banking
Responsibilities
Provides market risk oversight, monitoring, and reporting for equity derivative portfolios
Develops and monitors the market risk management framework that includes the governance framework and practices leveraged across BMO to manage market risk
Provides policies and standards, methodologies, and controls to increase transparency, accuracy and consistency across groups
Works with stakeholders to implement the methodology, metrics, and program standards for the assigned portfolio to ensure compliance and effective monitoring, timely reporting and identification of action plans
Provides strategic input into business decisions as a trusted advisor
Makes recommendations to senior leaders on strategy and new initiatives, based on an in-depth understanding of the business/group
Acts as a subject matter expert on relevant regulations and policies
May network with industry contacts to gain competitive insights and best practices
Interprets new regulations and assesses impacts to the governance framework
Develops reports on the status of the governance program or framework components to various internal & external stakeholder audiences
Influences and negotiates to achieve business objectives
Identifies emerging issues and trends to inform decision-making
Recommends business priorities, advises on resource requirements and develops roadmap for strategic execution
Manages resources and leads the execution of strategic initiatives to deliver on business and financial goals
Measures the effectiveness of risk governance system and framework; recommends changes as required
Conducts independent analysis and assessment to resolve strategic issues
Leads the development and maintenance of the governance system and framework
Acts as the prime subject matter expert for internal/external stakeholders
Ensures alignment between stakeholders
Represents the risk program / governance structure during internal/external regulatory audits and/or examinations
Designs and produces regular and ad-hoc reports, and dashboards
Develops and manages comprehensive information management systems; designs and/or leads initiatives to improve processes, analysis and reporting
Leads the development of the communication strategy focusing on positively influencing or changing behaviour
Leads change management programs of varying scope and type, including readiness assessments, planning, stakeholder management, execution, evaluation and sustainment of initiatives
Leads the execution of operational programs; assesses and adapts as needed to ensure quality of execution
Manages the review and sign-off process for relevant regulatory reporting
Leads and integrates the monitoring, measurement & reporting on the status of the market risk governance program to internal & external stakeholders
Leads the management of governance meetings and maintenance of governing body mandates, oversight and approval guidelines
May provide specialized support for other internal and external regulatory requirements
Provides input into the planning and implementation of ongoing operational programs in support of the market risk framework
Leads/participates in the design, implementation and management of core business/group processes
Administers and maintains the market risk monitoring and control program activities in adherence to all policies, procedures and established processes
Reviews new business initiatives and monitors existing initiatives to identify potential risk situations/ impacts; makes recommendations or escalates to the manager, as per guidelines
Monitors the financial market environment and market risk model performance impacts for optimal execution of risk strategies
Independently administers and evaluates models, model assumptions, and key metrics used for the measurement of market risk for adherence to all policies and procedures applicable to the transaction based on established processes; documents and reports results of evaluations on an individual and summary basis
Identifies where corrective actions are required and escalates per guidelines; ensures corrective action is taken as necessary
Provides advice and guidance to assigned business/group on implementation of the risk framework, including effective challenge
Coordinates and participates in the execution of oversight/governance activities including reporting; assessment of education & training needs, development/delivery of training; development and execution of regulatory administration processes & procedures
Consults with stakeholders to improve consistency and transparency of risk measurement, metrics and reporting
Supports the development and maintenance of the governance system and framework including supporting policy/standard/operating procedures lifecycle management, education and training assessments
Develops and maintains in-depth knowledge of business and related risk management requirements and legislative/ regulatory directives and guidance
Builds effective relationships with internal/external stakeholders
Ensures alignment between stakeholders
Analyzes data and information to provide insights and recommendations
Monitors and tracks performance; addresses any issues
Coordinates and monitors the review and sign-off of regulatory reporting and attestations
Operates at a group/enterprise-wide level and serves as a specialist resource to senior leaders and stakeholders
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
Broader work or accountabilities may be assigned as needed
Qualification
Required
Typically 7+ years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience
In-depth / expert knowledge and understanding of the market risk management practices
In-depth / expert knowledge of regulatory requirements
In-depth / expert knowledge & experience with risk policy frameworks; quality control / testing frameworks
Seasoned professional with a combination of education, experience and industry knowledge
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
Able to manage ambiguity
Data driven decision making - In-depth / Expert
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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