Senior Manager - Model Governance

Lead the development, enhancement, and enforcement of enterprise model governance policies, standards, and procedures aligned with regulatory expectations.

Oversee and improve end‑to‑end governance processes including model intake, approval, tiering, periodic reviews, ongoing monitoring, and decommissioning.

Ensure consistent application of governance controls across the model lifecycle, including documentation, change management, and issue remediation.

Establish quality assurance processes to ensure compliance with governance requirements across Model Development, Validation, and Business Owners.

Drive continuous improvement of model governance workflows, tooling, templates, and control effectiveness.

Develop, deliver, and maintain enterprise-wide training programs to enhance model risk awareness and competency across all three lines of defence.

Create and socialize guidance materials, playbooks, and knowledge resources to support consistent execution of governance requirements.

Serve as a subject‑matter expert on model governance expectations for stakeholders across risk, data, technology, and business lines.

Lead change‑management initiatives related to model governance process updates, system enhancements, regulatory changes, and policy revisions.

Partner with Model Development, Validation, Technology, and Business teams to ensure smooth adoption of governance changes.

Engage cross‑functional stakeholders to drive alignment on governance requirements and embed model risk principles into business practices.

Provide clear, concise communication on program updates, policy changes, and governance expectations to senior management and business partners.

Support regulatory examinations and internal/external audits by supplying high‑quality evidence, documentation, and subject‑matter insights.

Ensure management action plans related to audit findings or regulatory observations are appropriately addressed, tracked, and closed.

Typically 7+ years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.

Knowledge of model risk regulatory guidance (e.g., SR 11‑7, OSFI E‑23) and understanding of model development/validation concepts.

Experience designing and enforcing governance controls, processes, or oversight programs.

Exceptional communication skills with the ability to convey governance requirements to both technical and non‑technical audiences.

Demonstrated ability to lead change and influence stakeholders across large, complex organizations.

Strong organizational and analytical skills, with attention to detail and ability to manage competing priorities.

Fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behaviours in all that they do.

Regularly connects work to BMO’s purpose, sets inspirational goals, defines clear expected outcomes, and ensures clear accountability for follow through.

Builds interdependent teams that collaborate across functional and operating groups to create the highest value for all stakeholders.

Attracts, retains, and enables the career development of top talent.

Improves team performance, recognizes and rewards performance, coaches employees, supports their development, and manages poor performance.

Provides strategic input into business decisions as a trusted advisor.

Makes…