VP, Risk Portfolio Control

Application Deadline:04/10/2026Address:151 W 42nd StreetJob Family Group:Business ManagementBMO Capital Markets is a leading, full-service financial services provider. We offer corporate and investment banking, treasury management, as well as research and advisory services to clients around the world. #bmocapitalmarketsVP, Risk Portfolio Control sits within Capital Markets and is responsible for the production, analysis, and communication of risk metrics, dashboards, and management reporting. The role supports business management in monitoring adherence to the Risk Appetite Statement, identifying emerging risks, and driving timely management actions.This role acts as a key interface between the business, 2nd Line Risk, and governance forums, ensuring risk information is accurate, timely, decision‑useful, and aligned to regulatory and internal expectations.Key ResponsibilitiesRisk Reporting & MetricsDevelop, maintain and articulate the Capital Markets risk profileSynthesize inputs across risk appetite metrics, KRIs, incidents, issues, control assessments, and emerging risks into a coherent risk viewEnsure the risk profile reflects both current‑state exposure and forward‑looking risksPerform trend analysis and provide clear narrative and insights, not just dataMonitor and report on risk appetite metrics, KRIs, and early‑warning indicatorsEnsure consistency of metrics with approved risk appetite statements and limitsNarrative & Management InsightDevelop clear, executive‑level narrative explaining:Why risks existWhat is driving changesWhat management is doing about themTranslate complex data into decision‑useful insights for senior management and committeesGovernance & EscalationPrepare risk profile materials for management committees and governance forumsSupport senior management in articulating the 1LoD view of risk during committee discussionsRespond to challenge from 2nd Line Risk by providing evidence‑based rationaleSupport risk escalation processes, including identification of breaches and emerging risksPrepare materials for management committees (e.g., RMC, business management forums)Track issues, action plans, and remediation progress tied to reported risksEnsure escalation thresholds and timelines are adhered toStakeholder ManagementPartner with business leaders to understand risk drivers and data inputsCoordinate with 2nd Line Risk and Compliance to ensure alignment and effective challengeRespond to ad‑hoc requests from senior management related to risk reportingData Quality & ControlsMaintain strong data governance and control discipline over risk reporting inputsIdentify and remediate data quality issuesSupport audits, reviews, and regulatory inquiries related to risk reportingEmerging Risk & Change ManagementIdentify and assess emerging risks, including impacts from:Business changesNew products or initiativesRegulatory developmentsEnsure emerging risks are appropriately reflected in reporting and escalationContinuous ImprovementEnhance dashboards and reporting to improve clarity, usability, and forward‑looking insightContribute to the evolution of risk metrics, thresholds, and reporting standardsLeverage automation and visualization tools where appropriateQualifications & ExperienceUndergraduate degree in Business Administration, Risk Management, Economics, Finance and/or relevant background.Minimum 5+ years of experience in banking or financial services, including exposure to 1st line internal control, in-business risk management, governance, and/or 2nd line risk subject matter rolesExpertise in one or more risk and control areas, including but not limited to:Non-Financial RiskMarket RiskCredit RiskDemonstrated understanding of Capital Markets Front Office products, services, and end-to-end business processesExcellent communication, collaboration, and relationship management skills across technical and non-technical stakeholdersKnowledge of risk management, audit, compliance, and governance practices.Knowledge of business and regulatory environment and related risk trends.Strong planning, prioritization, and organizational skills.Analytical and problem‑solving skillsThe salary range for this role is $125,000 up to $190,000 USD (subject to the candidate meeting the specific skills, experience, education, and qualification requirements)Salary:$81,400.00 - $151,800.00Pay Type: SalariedThe above represents BMO Financial Group’s pay range and type.Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-RewardsAbout UsAt BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact.  We strive to help you make an impact from day one – for yourself and our customers.  We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset.To find out more visit us at http://jobs.bmo.com/us/enBMO is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristics. We also consider applicants with criminal histories, consistent with applicable federal, state and local law.BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to BMOCareers.Support@bmo.com and let us know the nature of your request and your contact information.Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.