Audit Manager, Quantitative

Final date to receive applications:

03/06/2026

Address:

100 King Street West

Job Family Group:

Audit, Risk & Compliance Join BMO as a Quantitative Audit Manager and take your quantitative finance career to the next level in a role that blends continuous learning, hands‑on exposure, and meaningful impact across the bank. This position sits at the intersection of model risk, quantitative analytics, and internal audit, offering the opportunity to work with diverse business areas, evaluate complex models, and contribute to the strength of BMO’s risk framework.

You’ll dive into understanding and assessing models, presenting findings that help shape risk strategy, and ensuring documentation aligns with corporate standards. The ideal candidate is a curious, analytical problem‑solver with a Master’s degree in Quantitative Finance (or related field), at least two years of experience in quantitative analysis or modelling, strong communication skills, and a passion for learning new tools and processes.

If you thrive in dynamic environments, enjoy collaborating with high‑performing teams, and want to grow your expertise in model risk and internal audit, this role offers the perfect platform to expand your impact.

Conducts audit engagements to critically assess management and internal control processes, approving the nature, extent and timing of the audit, its execution and the formulation of insightful audit reports. Reports on audits to provide clear, concise and memorable insights on issues and potential issues to assist management in fulfilling mandates. This work provides vital assurance to the Board of Directors and senior management on the quality of internal control systems and reduces the risk of loss and reputational damage to the Company.

This work is instrumental in identifying unacceptable/high risk circumstances that could lead to material impact on profitability or reputation. Provides independent assurance on the quality and effectiveness of internal control, risk management, and governance systems and processes to support senior management and the Board in protecting BMO and its reputation.

Acts as a trusted advisor to assigned business/group.

Influences and negotiates to achieve business objectives.

Identifies emerging issues and trends to inform decision-making.

Provides critical input to Chief Auditor/Assistant Chief Auditor on the practical aspects of the audit and its execution.

Helps to develop annual audit plan.

Provides input into Corporate Audit processes identifying opportunities to simplify.

Executes audits in full recognition of the risks of the group that encompass the inherent risks, control risks and internal/external environment and regulatory risks. This may encompass individual audits and broader capstone audits of Enterprise level functions/processes.

Conducts advisory engagements and other engagements as required.

Determines impact of changing strategies, tactics, risks and initiatives on audit, advisory and investigative services.

Identifies and evaluates the impact of new and emerging technology and technology risk on the organization’s processes and control environment.

Utilizes data analytics in advisory engagements to improve quality and efficiencies.

Develops an awareness of business strategies, policies and standards providing meaningful insights based upon knowledge and research which will continue to improve the Enterprise management and control processes.

Maintains the independence of the audit practice and its personnel.

Develops insightful discussion points contributing to audit reports that provides fair and balanced assessment of governance, risk and control processes based on audit work performed. Deliverables must be objective, clear, concise and timely.

Identifies control deficiencies and provides a fair and balanced assessment of their magnitude.

Maintains working knowledge of the industry, regulatory, broad economic environment, and internal environment, as to the development of new strategies and plans, opportunities and risk, to obtain an understanding of the control environment.

Ensures that all audit procedures executed are conducted in accordance to Corporate…