Weekend Insurance Risk Assessment Jobs in Chicago, IL

09/02/2026

Address:

320 S Canal Street

Job Family Group:

Audit, Risk & ComplianceLeads the development and continuous improvement of the data management risk governance framework, including standards, controls, and risk appetite, while assessing regulatory impacts and driving enhancements. Provides independent oversight and effective challenge by evaluating risk exposures, control effectiveness, and compliance, and identifying emerging risks to inform decision-making and escalation. Oversees governance and regulatory reporting, supports audits and examinations, and ensures appropriate review processes. Advises stakeholders on framework implementation, drives communication and training to promote consistent adoption, and manages core governance processes, tools, and artifacts supporting risk assessment and ongoing monitoring.Governance & Framework

• Lead the development, maintenance, and continuous improvement of the data management risk governance framework, including standards, policies, procedures, lifecycle management, controls, risk appetite and risk metrics.
• Interpret regulatory developments and emerging industry practices, assess impacts on the governance framework, and recommend enhancements to controls, processes, and documentation.

Risk Assessment & Oversight

• Provide effective challenge and independent oversight across data management and regulatory analytics by leading self-assessments and compliance reviews, assessing portfolio risk exposure, and evaluating the effectiveness of governance and controls.
• Identify emerging risks, issues, and trends across initiatives, systems, processes, and workflows; analyze impacts; and recommend or escalate mitigating actions as appropriate.
• Understanding of ORX.

Regulatory & Reporting

• Develop and manage governance, risk, and regulatory reporting, including metrics, status updates, and required review/sign-off for internal and external stakeholders.

Stakeholder Engagement & Advisory

• Advise business and corporate partners on implementation of the risk framework, providing practical guidance, second-line support, and effective challenge on risk management expectations.
• Lead stakeholder engagement, communications, and training activities to improve transparency, consistency, accountability, and adoption of governance requirements.

Process & Tools

• Lead or support the design, implementation, and execution of core governance, oversight, and regulatory administration processes aligned to applicable policies, procedures, and standards.
• Maintain tools, templates, and program artifacts that support risk assessment, control management, reporting, and technology/information risk governance activities.

GARP participation is nice to have.Qualifications:

• Bachelor's degree in finance, business, data, or a related data field like cyber or data privacy (advanced MSc degree or certifications such as DCAM, CRISC, or CISA preferred)
• 3-5 years relevant experience in risk management, data governance, or regulatory oversight within a financial services or highly regulated environment.
• Strong knowledge of risk management frameworks, regulatory expectations (e.g., BCBS 239, data governance principles), and control environments is essential.
• Demonstrated ability to analyze complex data and processes, influence stakeholders, and communicate effectively across technical and non-technical audiences is required.
• Experience in governance, reporting, and audit or regulatory engagement.

Salary:

$74,000.00 - $138,000.00

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 http://jobs.bmo.com/us/en

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 BMOCareers.Support@bmo.com 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.