TPS Risk Advisory Analyst

320 S Canal Street Chicago Illinois,60606

We are seeking a detail-oriented and analytical Risk Advisory Analyst to support the governance and oversight of BMO’s TPS Product Suitability intake reviews and the Front Door regulatory review process. This role plays an essential part in ensuring that all product-related requests and customer‑facing materials adhere to BMO’s regulatory, operational, and risk management standards.

The ideal candidate is thorough, organized, and comfortable working in a fast-paced environment that requires coordination with cross-functional teams including Product, Compliance, Sales and AML.

Key Responsibilities

Product Suitability Oversight

In this function, you will:

• Complete TPS Product Suitability intake reviews evaluating new and existing client product requests for appropriateness, regulatory and AML alignment, and overall risk; identifying and communicating unsuitable requests; and guiding the exception process for restricted or prohibited product usage.
• Maintain suitability matrices to provide guidance for complex clients’ product use, and partner with Product Management and AML to update requirements when changes occur.
• Perform quality assurance and control testing by monitoring adherence to product restrictions, validating correct implementation of approved requests, documenting findings, and escalating issues for remediation.
• Maintain audit‑ready documentation by issuing formal Product Suitability Intake results to stakeholders, managing tracking logs, and ensuring all materials are timely, complete, and compliant.

Front Door Review Governance

You will also support the Front Door process, which ensures:

• Ensure all marketing materials, and external customer facing communications comply with regulatory, operational, and disclosure requirements while applying risk controls consistently across all incoming submissions.

• Conduct risk-based regulatory reviews for regulatory requirements, product disclosures, operational and compliance matters and ensure timely reviews.
• Provide risk‑focused feedback on marketing and customer‑facing materials through edits and comments, ensuring all communications align with regulatory requirements, internal policies, and brand guidelines.
• Maintain audit-ready documentation by tracking incoming request review, managing the internal status tracker reviews and ensure all materials are timely, complete and compliance.
• Support the development of monthly metric decks by gathering data, validating accuracy, organizing insights, and preparing clear visual summaries that highlight key trends, risks, and performance indicators for leadership review.

Qualifications

• Bachelor’s degree in Business, Risk, Finance, or related field (preferred).
• 2 - 5 years of experience in compliance, AML, risk, payments, or financial services.
• Strong analytical and critical‑thinking skills
• Strong time and task management
• Knowledge in Microsoft office, Copilot and Power BI.
• Excellent documentation, organization, and communication skills.
• Ability to work cross‑functionally with AML, Compliance, Risk, and business partners.

Salary:

$57,500.00 - $106,500.00

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:

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

BMO is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristics. We also consider applicants with criminal histories, consistent with applicable federal, state and local law.

BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to [email protected] and let us know the nature of your request and your contact information.

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.