Manager, Risk Appetite

BMO U.S.

Manager of Enterprise Risk Appetite at BMO overseeing risk appetite programs and metrics development. Collaborating with teams for risk management alignment and reporting to senior management.

Posted 7/30/2026full-timeChicago • Illinois, Wisconsin • 🇺🇸 United StatesMid-LevelSenior💰 $74,000 - $138,000 per yearWebsite

Core Competencies

Role fit

Core Competencies

Use this summary to align your resume positioning with the role.

Demonstrates expertise in Risk Appetite and Metrics Program development, with a strong understanding of Risk Management and Governance in complex financial institutions. Capable of analyzing large data sets and producing high-quality documentation and reports within defined timelines.

Highest-signal resume keywords

Risk Appetite DevelopmentMetrics IdentificationQuantitative AnalysisRisk Management LifecycleStakeholder Coordination

ATS Keywords

Tailor your resume

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills

Risk AppetiteMetrics Program BuildingQuantitative AnalysisData ManagementRisk Data AggregationRisk ReportingCredit Risk AnalysisMarket Risk AnalysisOperational Risk AnalysisRegulatory Compliance

Soft Skills

Relationship ManagementIndependent WorkAnalytical ThinkingAttention to DetailCommunication Skills

Tools & Technologies

Documentation ToolsReporting ToolsRisk Management Software

Industry Keywords

Risk GovernanceFinancial InstitutionsRisk MetricsBreach ManagementAction Planning

About the role

Key responsibilities & impact

The individual in this role will not be expected to execute every activity; instead, they will support selected workstreams and activities based on team priorities, experience, and development goals.
Contribute to the design of Risk Appetite requirements across setting, measurement, monitoring, breach management, action planning, and reporting.
Assist in documenting requirements in policies, standards, and procedures.
Assist in defining accountabilities and responsibilities across the three lines of defence.
Support integration of Risk Appetite with strategic planning, capital planning, and risk identification programs.
Assist in defining how Risk Appetite integrates across organizational levels.
Help distinguish metric types in documentation and tools.
Contribute to tool, template, and guidance development for consistent execution.
Provide stakeholder coordination across first, second, and third lines of defence.
Support maintenance of a comprehensive set of risk metrics spanning key risk categories.
Assist with metric definition, calibration, and limit-setting.
Work with SMEs to support metric development and documentation.
Assist in ensuring consistent program execution across risk types and business units.
Assist with coordinating the annual refresh of qualitative statements and quantitative metrics.
Assist with communication of Risk Appetite to Business Group Heads and CROs.
Prepare assigned sections of quarterly reporting to Senior Management and governance committees.
Support development of documentation related to breaches and action plans.
Maintain components of the central repository of Risk Appetite materials.

Requirements

What you’ll need

Proven experience in Risk Appetite and or Metrics Program building, Metrics Identification and Development and risk management.
Strong understanding of Risk Management and Risk Governance at large, complex financial institutions, including the Risk Management Lifecycle and key risks including credit, market, operational, regulatory/compliance, etc.
Ability to work with and interpret large data sets; experience in quantitative analysis pertaining to credit risk, market risk, liquidity risk, and or non-financial risks; understanding of Data Management and Risk Data Aggregation and Risk Reporting requirements.
Excellent skills to present complex findings and manage relationships to influence widespread change.
Ability to work independently and lead activities.
Natural drive and ability to become a subject matter expert on relevant topics.
Ability to produce high-quality work products within defined timelines.
Ability to analyze complex information deeply and derive meaningful insights.
Ability to ensure exceptionally high-quality work products.

Benefits

Comp & perks

health insurance
tuition reimbursement
accident and life insurance
retirement savings plans