Application Deadline:

09/11/2025

Address:

100 King Street West

Job Family Group:

Legal

Senior Counsel- Regulatory Liaison, Enterprise Regulatory Office.

The Enterprise Regulatory Office (“ERO”) helps BMO meet its regulatory obligations.  ERO provides legal advice on regulatory matters, provides leadership and guidance on regulatory examinations and interactions, and is involved with various monitoring and reporting involving regulatory and supervisory matters.

The Senior Counsel, Regulatory Liaison, role supports ERO and the Enterprise with particular focus on BMO’s interactions with its lead regulator, OSFI. The role is a senior lawyer position in ERO focused on regulatory liaison activities with a particular focus on OSFI. The role will assist in maintaining key relationships with OSFI, oversee and advise on regulatory examination activity and supervisory activities, provide legal advice on supervisory and regulatory matters, stay abreast of the current supervisory environment, and report on current and upcoming supervisory trends and themes.

The Regulatory Liaison function within ERO maintains relationships with OSFI and internal stakeholders and oversees the OSFI supervisory examination process including:

Provides advice, guidance, and procedures for management of OSFI examinations and supervisory activities;

Helps prepare and support the business during regulatory examination and supervisory activities;

Oversees responses to supervisory matters and provides input on action plans to address deficiencies, as appropriate;

Interfaces directly with the supervisory team and specialist groups at OSFI to address appropriate information flow and maintain regulatory relationships; and

Supports the overall ERO function in identifying trends and themes in the supervisory and regulatory environment.

Knowledge

Minimum requirement is a degree in law (LLB) and license to practice law in Canada

Typically, 5 to 10+ years call from the bar

Proficient level knowledge in legal field

Strong knowledge of business and regulatory environment in which BMO Financial Group operates.

Skills

Strong skill in proactively providing ideas, advice and solutions relative to legal issues

Superior judgement

Above average analytical capability

Strong verbal and written communication skills

Above average negotiations skills

Superior relationship management skills/able to relate at all levels

Ability to work independently or in team environment

Key Accountabilities

Develop and maintain relationships with OSFI supervisory team and specialist groups.

Support BMO's interactions with regulators to ensure BMO stays abreast of supervisory trends and themes. Interact with all levels within BMO including Senior Executive Leaders.

Lead in identifying supervisory and regulatory themes and trends.

Provide legal advice on supervisory and regulatory matters.

Provides advice, guidance, and procedures for management of OSFI examinations and supervisory activities.

Prepare, as necessary, reports and presentations on supervisory activities and exam preparation for Senior Management and the Board of Directors, including ERO reports on issues and trends.

Scope and Impact

The role is based in Canada but Enterprise wide. The role has direct or indirect impacts across the Enterprise including the following:

Legal Risk

Regulatory Risk

Reputational Risk

Regulatory Relationships

Ability to execute strategic objectives

The role is complex as a result of number of different businesses and the number of separate legal entities that comprise BMO, many of these businesses are highly regulated by specific regulatory regimes and regulators, the global nature of the business of BMO, the importance of OSFI as BMO’s lead regulator, the amount of relevant regulation and the magnitude of regulatory change.  Failure to fully understand and demonstrate an understanding of regulatory environment may impact BMO’s ability to execute on key strategic objectives.

*Hybrid work model: 4 days in office

Salary:

$111,800.00 - $208,000.00

Pay Type:

Salaried

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.