BMO U.S. · 1 day ago
Audit Manager - Capital Markets
Chicago, IL
Full-time
Hybrid
Mid, Senior Level
$67K/yr - $124K/yr
5+ years expBMO U.S. is a purpose-driven organization that values integrity and collaboration. The Audit Manager will conduct audit engagements to assess management and internal control processes, providing critical insights to support the Board of Directors and senior management in risk management and governance.
Banking
Responsibilities
Acts as a trusted advisor to assigned business/group
Influences and negotiates to achieve business objectives
Identifies emerging issues and trends to inform decision-making
Provides critical input to Chief Auditor/Assistant Chief Auditor on the practical aspects of the audit and its execution
Helps to develop annual audit plan
Provides input into Corporate Audit processes identifying opportunities to simplify
Executes audits in full recognition of the risks of the group that encompass the inherent risks, control risks and internal/external environment and regulatory risks. This may encompass individual audits and broader capstone audits of Enterprise level functions/processes
Conducts advisory engagements and other engagements as required
Determines impact of changing strategies, tactics, risks and initiatives on audit, advisory and investigative services
Identifies and evaluates the impact of new and emerging technology and technology risk on the organization’s processes and control environment
Utilizes data analytics in advisory engagements to improve quality and efficiencies
Develops an awareness of business strategies, policies and standards providing meaningful insights based upon knowledge and research which will continue to improve the Enterprise management and control processes
Maintains the independence of the audit practice and its personnel
Develops insightful discussion points contributing to audit reports that provides fair and balanced assessment of governance, risk and control processes based on audit work performed. Deliverables must be objective, clear, concise and timely
Identifies control deficiencies and provides a fair and balanced assessment of their magnitude
Maintains working knowledge of the industry, regulatory, broad economic environment, and internal environment, as to the development of new strategies and plans, opportunities and risk, to obtain an understanding of the control environment
Ensures that all audit procedures executed are conducted in accordance to Corporate Audit Methodology as confirmed by it’s Quality Assurance program and/or regulatory examination results
Applies sound judgement in the execution of the assigned work and ensures open lines of communication
Develops and maintains good working relations with key stakeholders
Actively monitors change management initiatives and identifies potential risks
Actively participates and supports Corporate Audit change initiatives
Maintains and enhances professional audit qualifications in line with industry standards
Focus is primarily on business/group within BMO; may have broader, enterprise-wide focus
Provides specialized consulting, analytical and technical support
Exercises judgment to identify, diagnose, and solve problems within given rules
Works independently and regularly handles non-routine situations
Broader work or accountabilities may be assigned as needed
Qualification
Required
Working knowledge of market, liquidity and model risk management frameworks
Ability to manage multiple priorities and deliver high-quality results under tight deadlines
Typically between 5+ years of relevant experience and post-secondary degree
Professional designations or business designation such as CIA, CPA-Audit
Deep knowledge and technical proficiency gained through extensive education and business experience
Verbal & written communication skills - In-depth
Collaboration & team skills - In-depth
Analytical and problem solving skills - In-depth
Influence skills - In-depth
Data driven decision making - In-depth
Preferred
Experience with regulatory requirements (e.g., OSFI, FRB, OCC, CFTC, SEC, FINRA) and industry best practices related to Capital Markets business and Corporate Treasury functions
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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