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BMO

Senior Manager, Model & AI Governance

Toronto, ON, Canada
BMOPLACE, Canada

$85,500.00 - $185,000.00 · Full-time

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Job details

Pay: $85,500.00 - $185,000.00
Job type: Full-time
Apply by: Oct 20, 2026
Experience: 7+ years of experience in model risk management, AI governance, advanced analytics, or related risk disciplines.
Posting language: English
Posted: Oct 5, 2026

Original job description

Application Deadline:

10/19/2026

Address:

33 Dundas Street West

Job Family Group:

Data Analytics & Reporting

This is a hybrid role in Toronto

The Senior Manager, Model & AI Governance is a leadership role within the Data, AI Transformation & Analytics (D.A.T.A.) team, accountable for establishing, operating, and continuously strengthening the first line Model and AI Governance programs across Canadian Personal & Business Banking.

This role provides strategic and hands-on leadership for model and AI governance, ensuring models and AI systems are managed as enterprise assets and comply with all applicable enterprise policies, regulatory expectations, and Responsible AI principles. The role partners closely with business, product, technology, and second-line risk teams to enable safe, transparent, and scalable use of models and AI.

Key Accountabilities

Model & AI Governance Leadership

Own and operate the Canadian P&BB first line Model and AI Governance programs across the full lifecycle.
Establish, maintain, and continuously improve governance policies, standards, procedures, and controls.
Ensure governance practices are aligned with enterprise risk appetite, regulatory expectations, and business objectives.

Lifecycle Oversight & Compliance

Ensure all models and AI use cases comply with enterprise and regulatory requirements from intake through decommissioning.
Oversee model and AI inventories, intake processes, risk classification, and validation engagement.
Ensure ongoing monitoring, issue management, and remediation are operating effectively.

Risk, Audit & Regulatory Readiness

Partner with Enterprise Risk, Model Risk Management, and Audit teams to support reviews and examinations.
Lead internal audits, self-assessments, and control testing related to model and AI governance.
Ensure timely remediation of findings and continuous strengthening of the control environment.

Business & Product Partnership

Partner with AI Product, Data Science, and Technology teams to embed governance into delivery processes.
Provide expert advisory support on model and AI risk, governance requirements, and Responsible AI practices.
Enable innovation by providing clear, practical governance guidance that supports responsible adoption.

Reporting, Insights & Enablement

Maintain management reporting and dashboards on model and AI risk, compliance, and governance maturity.
Provide clear insights and updates to senior leaders and governance forums.
Drive organizational understanding of model and AI governance responsibilities.

Leadership & Culture

Provide leadership and direction across governance team members and matrix partners.
Role model BMO values and behaviours, including accountability, integrity, and inclusion.
Foster a strong culture of risk ownership and Responsible AI across P&BB.

Qualifications

7+ years of experience in model risk management, AI governance, advanced analytics, or related risk disciplines.
Strong understanding of machine learning, generative AI, and AI lifecycle management.
Demonstrated experience operating governance programs in regulated environments.
Proven ability to influence senior stakeholders and work across business, technology, and risk teams.
Strong analytical, communication, and problem-solving skills.

Salary:

$85,500.00 - $185,000.00

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.

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More about this job

Responsibilities

The Senior Manager will lead and operate the first-line Model and AI Governance programs to ensure compliance with enterprise policies and regulatory standards. They will partner with business, technology, and risk teams to embed governance into the AI lifecycle while providing strategic oversight and reporting.

Requirements

Candidates must have 7+ years of experience in model risk management, AI governance, or related disciplines. A strong understanding of machine learning, generative AI, and operating governance programs in regulated environments is required.

Skills

Model risk management
AI governance
Advanced analytics
Machine learning
Generative AI
AI lifecycle management
Regulatory compliance
Risk assessment
Stakeholder management
Strategic leadership
Data science
Control testing
Internal audit
Policy development
Communication skills
Problem-solving

Benefits

Health insurance
Tuition reimbursement
Accident insurance
Life insurance
Retirement savings plans
Performance-based incentives
Discretionary bonuses

Visa sponsorship

Not detected in the job text

Keywords

Model Risk Management
AI Governance
Data Analytics
Machine Learning
Generative AI
Regulatory Compliance
Risk Appetite
Internal Audit
Responsible AI
Lifecycle Management
Control Environment
Strategic Leadership
Data Science
Technology
Banking
Risk Assessment
Governance Framework
Policy Standards
Stakeholder Engagement
Dashboard Reporting

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