Senior Compliance Manager - Regulatory Engagement

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BMO Nesbitt Burns, part of BMO Private Wealth, is one of North America’s leading full‑service investment advisory firms, offering comprehensive wealth management supported by deep market insight and institutional‑grade resources.

Our Private Client Division provides personalized wealth advisory, sophisticated investment solutions, and the support of a multidisciplinary expert network.

We are seeking a Senior Compliance Manager – Regulatory Engagement with strong expertise in CIRO rules, securities regulation, and technology‑driven change initiatives.

The position has dual reporting lines to the Chief Compliance Officer, BMO Nesbitt Burns Inc., Private Client Division, and Private Wealth Canada, and to the Managing Director, Regulatory Engagement, Private Wealth.

The successful candidate will play a key leadership role in a major platform modernization initiative (the “Project”), including preparing regulatory submissions, coordinating with regulators, and ensuring compliance with all applicable requirements.

Regulatory Engagement & Approvals

• Prepare, coordinate, and assist finalizing required regulatory submissions and applications for approval and/or exemptive relief, particularly with CIRO.
• Document current‑state and future‑state operating models, identifying required compliance impacts.
• Ensure regulatory documentation is complete, accurate, and aligned with Project timelines.

Compliance Leadership for Modernization

• Provide compliance leadership for technology and process modernization, ensuring alignment with applicable rules and regulations, trading requirements, and internal policies.
• Support changes to compliance programs, supervisory controls, and monitoring frameworks resulting from the Project. 
• Participate in monitoring, testing, risk assessments, and audit processes triggered by modernization changes.
• Broader accountabilities as may be required.

Stakeholder & Project Leadership

• Build and maintain strong senior‑level stakeholder relationships across business, operations, technology, risk, legal & regulatory compliance, and other groups.
• Lead and influence cross‑functional discussions to drive regulatory readiness and business engagement.
• Develop communications, briefings, and presentations for internal stakeholders, senior committees, and regulators.

Core Requirements

• University degree and 8+ years of compliance or regulatory experience in financial services, including significant involvement in technology projects requiring regulatory approvals or exemptive relief.
• Completion of the CSC, Investment Dealer Supervisors Course, or equivalent credentials.
• Deep knowledge of CIRO rules, UMIR, securities laws, and Canadian trading requirements.
• Strong understanding of electronic trading platforms and broader trading ecosystems.
• Experience preparing or contributing to major regulatory change initiatives, including CIRO Notice of Material Business Change forms.

Soft Skills

• Strong analytical and critical‑thinking abilities; able to assess regulatory impacts and propose compliant solutions.
• Exceptional written and verbal communication skills, particularly in translating technology and regulatory content for non‑technical stakeholders.
• Ability to alternate between working independently and collaboratively.
• High professionalism, ethics, and integrity.
• Ability to navigate ambiguity, manage multiple priorities, and work effectively in a fast‑moving project environment.

Nice‑to‑Haves

• Experience with regulatory audits, including CIRO panel audits.
• Experience in monitoring and testing programs.
• Project management certifications or equivalent experience.
• Prior status as an Approved Person under CSA or CIRO rules or experience at a regulator.

The 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-Rewards

About Us

At 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 https://jobs.bmo.com/ca/en.

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.

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.