Control Tester, T&O Risk FCU, Operational Effectiveness

Final date to receive applications: 03/14/2026

Address: VIRTUAL(R)13 - Home Res - IL

Job Family Group:
Business Management

The Fraud & Financial Crimes Operational Effectiveness Tester is responsible for evaluating the design and performance of controls intended to prevent, detect, and mitigate financial crime risks across the organization. This role conducts independent testing of processes related to fraud prevention, AML/ATF, sanctions, customer due diligence, transaction monitoring, and other financial crime functions to ensure compliance with regulatory expectations and internal standards.

Key responsibilities include performing end‑to‑end control testing, validating adherence to policies and procedures, identifying gaps or control weaknesses, and documenting findings with clear risk articulation. The tester collaborates with business partners, Compliance, Risk, and Operations teams to assess root causes and support the development of effective remediation plans.

Additional responsibilities:

• Influences and negotiates to achieve business objectives.
• Assists in the development of strategic plans.
• Identifies emerging issues and trends to inform decision‑making.
• Provides advice and guidance on control effectiveness, program compliance and issue descriptions.
• Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.
• Builds effective relationships with internal/external stakeholders.
• Ensures alignment between stakeholders.
• Analyzes data and information to provide insights and recommendations.
• Leads or participates in defining the communication plan designed to positively influence or change behaviour; develops tailored messaging; and identifies appropriate distribution channels.
• Supports change management of varying scope and type; tasks typically focused on execution and sustainment activities.
• Manages the end‑to‑end test execution of designated programs/engagements.
• Provides input into the planning and implementation of operational programs.
• Executes and/or leads testing and fieldwork that is complex in nature and requires subject matter expertise.
• Reviews control and issue closure testing activities performed by team members to ensure accuracy.
• Executes identified test programs for a variety of specializations to support effective testing & monitoring of controls within business groups and across the Bank.
• Understands the business/group strategy and develops and maintains knowledge of end‑to‑end processes.
• Develops knowledge related to program and/or area of specialty.
• Develops and maintains effective relationships with internal & external business partners/stakeholders to execute work and fulfill service delivery expectations.
• Participates in planning and implementation of operational testing programs and executes within required service level agreements and standards.
• Executes work to ensure timely, accurate, and efficient service delivery.
• Ensures consistent, high quality practices/work and the achievement of business results in alignment with business/group strategies and with productivity goals.
• Analyzes root causes of any errors discovered to provide for effective communication of issues to appropriate parties.
• Creates and maintains adequate testing support documentation such as work papers, testing reports, etc. to support the results of reviews including the write‑up of findings/issues for reporting.
• Provides ongoing support to the continuous improvement process of the business unit.
• Focus is primarily on business/group within BMO; may have broader, enterprise‑wide focus.
• Provides specialized consulting, analytical and technical support.
• Exercises judgment to identify, diagnose, and solve problems within given rules.
• Works independently and regularly handles non‑routine situations.
• Broader work or accountabilities may be assigned as needed.

• Typically between 5‑7 years of relevant experience and post‑secondary degree in related field of study or an equivalent combination of education and experience.
• General understanding of the business unit's risk and regulatory requirements.
• Good understanding of control frameworks and audit methodologies.
• Advanced…