Financial Crimes Risk Officer

BMO Harris Bank
April 4, 2019
New York City, NY
Job Type


Job Description
A Financial Crimes Risk Officer is responsible for applying Financial Crimes Risk knowledge and expertise to assist with Second Line of Defense activities.

Key Accountabilities

  • Identify different mechanisms and methods of committing financial crime, with the current business models at the bank
  • Utilize use cases to determine control sufficiency of use cases to determine financial crime, determine control gaps, and determine how gaps can lead to financial crime risk
  • Ensure gaps are communicated with key stakeholders to drive risk mitigation and remediation
  • Use of internal & external data to provide insights, develop analytical strategies, and provide analytical support regarding a wide array of business initiatives in the Financial Crimes space
  • Ensure that all controls are defined to ensure all regulatory requirements are met, designed effectively with clear documentation and implemented with clear visibility into the evidence that control is working effectively.
  • Ensure that each competency in the information security domain has a defined strategy.
  • Establish capability to review data on a real time basis to ensure risks are identified and treated in a timely manner.
  • Establish a quantifiable mechanism to report risks leveraging the FAIR methodology.

Accountable for the identification and support of Financial Crimes Risk needs for EI&TRM.

Scope and Impact
This job contributes to EI&TRM by providing second line management of BMO's efforts to reduce and manage risk.

Job Qualifications
Knowledge and Skills

  • Bachelor’s degree in Information Technology, Computer Science, Business Administration, or relevant educational and professional experience
  • Knowledge of regulatory developments driving the industry and key issues affecting regulated firm
  • Strong knowledge of company structures, funds and banking products
  • Advanced knowledge and experience in Financial Crimes Risk
  • Knowledge and understanding of financial crime, fraud, or risk management
  • Knowledge and understanding of financial services credit risk management
  • Strong analytical skills with high attention to detail and accuracy
  • Strong organizational, multi-tasking, and prioritizing skills
  • Intermediate Microsoft Office (Word, Excel, Outlook, and PowerPoint) skills
  • Ability to navigate multiple computer systems, applications, and utilize search tools to find information
  • Excellent verbal, written, and interpersonal communication skills
  • 4+ years of experience in one or a combination of the following: fraud, Bank Secrecy Act, anti-money laundering, investigations of financial crimes transactions or policy violations, risk management, or compliance; or a BS/BA degree or higher in applied sciences, mathematics, statistics, economics, finance, or criminal justice, with 2+ years of experience in the foregoing

Core Competencies
Analyze Issues and Solve Problems, Understand Strategies, Identify Improvements, Seek Customer Satisfaction, Establish Plans, Execute Efficiently, Show Initiative, Solicit Support, Encourage Commitment, Select and Develop, Communicate Effectively, Relate Well to Others, Demonstrate Credibility, Readily Adapt

We’re here to help
At BMO Harris Bank we have a shared purpose; we put the customer at the center of everything we do – helping people is in our DNA. For 200 years we have thought about the future—the future of our customers, our communities and our people. We help our customers and our communities by working together, innovating and pushing boundaries to bring them our very best every day. Together we’re changing the way people think about a bank.

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 management support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skill set.

To find out more visit us at

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 is an Equal Opportunity Employer for all, inclusive of Minorities, Women, Veterans, and Persons with Disabilities

Operational Risk

Primary Location
United States-New York-New York



Job Posting

Unposting Date

Company Description

At BMO Harris, banking is our personal commitment to helping people at every stage of their financial lives.

The truth is, people’s needs change: so we change too. But we never change who we are. Which means we’ll never waiver from providing our customers the best possible banking experience in the industry.

Our incredible team of over 10,000 people, 600 plus branches and 1300 ATMs, are just the tip of the iceberg. You should get to know us. We’re here to help.

BMO Harris Bank® is a trade name used by BMO Harris Bank N.A. Member FDIC.
BMO Harris Bank is part of BMO Financial Group.

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