Chief Compliance Officer, Personal, Business & Commercial Banking Canada

Application Deadline:09/03/2026Address:100 King Street WestJob Family Group:Audit, Risk & ComplianceLeads the second line Compliance function for Personal & Business Banking and Commercial Banking in Canada. Accountable for the design, oversight and effectiveness of Compliance programs to ensure alignment with the Enterprise Compliance Program and applicable Canadian regulatory requirements. Serves as a trusted advisor to senior business leaders, providing independent challenge while enabling responsible growth and strong risk management discipline across the Canadian platform.Leads the development, implementation and ongoing enhancement of Compliance programs across P&BB and Commercial Banking in Canada. Provides independent oversight and effective challenge of regulatory compliance risk, ensuring alignment to Enterprise Compliance standards. Acts as the primary interface with Canadian regulators; leads regulatory examinations, inquiries and ongoing supervisory engagement. Advises and influences senior leadership on regulatory risk implications tied to strategic initiatives, business decisions and new products/services. Oversees risk assessments, monitoring, testing and surveillance frameworks to ensure controls are designed and operating effectively. Ensures timely identification, escalation and resolution of compliance issues, including oversight of remediation and root cause analysis. Drives alignment and consistency across compliance programs; identifies opportunities to simplify, standardize and strengthen controls. Leads strategic initiatives to enhance compliance effectiveness, including transformation, centralization and process optimization. Oversees reporting to senior management and governance committees on compliance risk exposure, issues and program effectiveness. Builds and maintains strong relationships with senior business leaders, regulators and key internal stakeholders. Leads, develops and retains a high-performing Compliance team; builds leadership depth and succession pipelines. Promotes a strong risk culture and tone from the top, reinforcing accountability, effective challenge and adherence to BMO values. Within the mandate of this role, promotes and supports the Bank’s risk culture including ensuring employees understand their accountabilities for risk-taking activities, promoting an environment of open communication and effective challenge, and establishing the “tone from the top” through leading by example.Role models driving simplicity and productivity enhancements for optimization across groups driving continuous improvement on key measures.Activates our winning culture, aligned with Purpose. Ignites engagement by aligning our culture to our strategy and fueling exceptional execution.Fosters an inclusive environment for all employees by eliminating barriers to inclusion.Develops leaders, plans for succession, and fosters a high-performance culture.Drives top talent acquisition and retention, developing organizational capabilities to drive competitive advantage.Leads and mentors a team with diverse risk and business experience, skills, and orientation.Leads, promotes, and reinforces the Bank’s Ambition; personally, role models One Bank leadership; drives sustainable improvements in customer loyalty and business growth; adheres and supports enterprise customer experience and brand standards.Qualifications:Undergraduate degree required; advanced degree (e.g., JD/LLB, MBA) considered an asset. Extensive experience (typically 12+ years) in Compliance, Risk or related functions within financial services, including senior leadership accountability. Deep knowledge of Canadian banking regulations across retail and commercial banking. Proven ability to engage effectively with regulators and senior executives. Demonstrated leadership capability in building and leading high-performing teams at scale. Strong strategic thinking, judgment and decision-making skills. Exceptional communication, influence and relationship management capabilities. Demonstrated ability to lead change and drive transformation initiatives across complex organizations. Please note the base salary range for this role will be $200,000 to $225,000 CADSalary:Pay 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: About 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 .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.SummaryLocation: Toronto, ON, CANType: Full time