N.A. FIU Process Specialist - #604016

BMO Harris Bank

Date: 11/25/2021 20:30 PM

City: Ford Heights, Illinois

Contract type: Full Time

Work schedule: Full Day


111 W Monroe - 115 S LaSalle

Job Family Group:

Audit, Risk & Compliance

The N.A. FIU Process Specialist will support the change management activities for procedure, training and communications. These activities support regulatory, business led initiatives, issues and other forms of change drivers impacting process flows

Develops and maintains an effective internal control framework that defines the ways and methods governance is implemented, managed, and monitored in the designated business/group portfolio. The governance framework includes policies, guidelines and provides programs, practices and measures to promote transparency, accuracy, consistency across groups. Applies specialized knowledge of risk management, regulatory compliance and internal controls related to business processes and information

  • Supports development and execution of strategic initiatives in collaboration with internal and external stakeholders
  • Assists with the maintenance, monitoring, measurement & reporting on the status of the internal control framework/program and key risk indicators to internal & external stakeholders
  • Supports change management of varying scope and type; tasks typically focused on execution and sustainment activities
  • Manages databases and provides support for analysis, forecasting and/or data visualization, ensuring adherence with data governance standards
  • Supports change management of varying scope and type; tasks typically focused on execution and sustainment activities
  • Assists with the maintenance, monitoring, measurement & reporting on the status of the internal control framework/program and key risk indicators to internal & external stakeholders
  • Develops governance and control-related solutions and makes recommendations based on an understanding of the business strategy and stakeholder needs
  • Provides advice and guidance to assigned business/group on the implementation of the control framework, including effective challenge
  • Performs testing on design of controls as required e.g. observation, inspection, replication, recalculation to ensure risks are identified and controls are effective
  • Reviews processes and identifies opportunities for risk mitigation through proposing new controls or revising existing controls
  • Identifies where corrective actions are required and escalates per guidelines; ensures corrective action is taken as necessary
  • 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; management of review/updates to policies, etc
  • Consults with stakeholders to improve consistency and transparency of control measurement/metrics and reporting
  • Assists with the interpretation of new or changing regulations and assessing impacts to the governance frameworks
  • 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
  • Documents the internal control governance system, processes and framework to describe compliance requirements, activities, processes, roles & responsibilities
  • Develops tools, checklists and communications to address gaps, issues and new requirements
  • Monitors and tracks performance; addresses any issues
  • Focus may be on a business/group
  • Thinks creatively and proposes new solutions
  • Exercises judgment to identify, diagnose, and solve problems within given rules
  • Works mostly independently
  • Broader work or accountabilities may be assigned as needed


  • Typically between 3 – 5 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience
  • Experience in risk management, audit, compliance, governance and/or project management is preferred
  • In-depth knowledge of business and regulatory environment
  • In-depth knowledge & experience with risk policy frameworks; quality control/testing frameworks. e.g. SOX 404, COBIT and COSO frameworks
  • Specialized knowledge from education and/or business experience
  • Verbal & written communication skills - In-depth
  • Collaboration & team skills - In-depth
  • Analytical and problem solving skills - In-depth
  • Influence skills - In-depth

We’re here to help

At BMO Harris Bank 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 Harris Bank 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 https://jobs.bmoharris.com

BMO Harris Bank 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. BMO Harris Bank N.A. is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

How to apply

To apply for this job you need to authorize on our website. If you don't have an account yet, please register.

Post a resume