Environmental and Social Risk Lead

Application Deadline: 09/30/2024Address: 100 King Street WestJob Family Group: Business ManagementResponsibilitiesIdentify, assess, and manage E&S related risks within 1st Line Wealth Management by integrating E&S considerations into Wealth Management practices and processes, ensuring alignment with our business and regulatory expectations:Develop and implement a 1LOD E&S risk framework which includes building strong processes and controls for all applicable Wealth Management Business Units.Conduct regular E&S risk assessments across Wealth Management products and services identifying potential risks and opportunities.Develop and execute a testing strategy for E&S controls to assess their effectiveness and compliance.Provide training and resources for Wealth Management teams to enhance their understanding of E&S requirements.Build a reporting framework and regularly report E&S risks to senior management and regulators, ensuring transparency and accountability.Ensure adherence to relevant E&S regulations, standards, and best practices in Wealth Management.Partner with internal teams to integrate E&S considerations into business operations and decision-making processes.Serve as a subject matter expert on E&S risk topics for 1LOD Wealth Management.Qualifications7+ years of ESG related experience demonstrated through one or a combination of the following: work experience, training, education.3+ years of experience leading an ESG or Sustainability organization.Experience working in Financial Services or another heavily regulated environment.Excellent communicator with ability to adapt and simplify messaging for various audiences and levels in the organization.History of strong horizontal relationship development and ability to build cross-functional influence.Comfortable with ambiguity in an evolving ESG landscape.Strong interpersonal skills including collaboration and resolution management managing complex and sensitive issues.Ability to make decisions, execute, and lead independently.Exceptional written and oral communication skills.Analytic and conceptual skills with ability to analyze data and develop key insights.Highly organized with a proven ability to manage critical complex initiatives across many different stakeholders and partners.Ability to work in a fast-paced, intense, ambiguous environment.Foster respect and support of senior executives and various stakeholders both internal and external.Ability to develop tools and methods to increase transparency in the group's risk-taking activities.Salary: $84,000.00 - $156,000.00Pay Type: SalariedBMO 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.We’re here to helpAt 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.BMO is committed to an inclusive, equitable, and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter. #J-18808-Ljbffr