Senior Advisor, Basel Interpretation Office
BMO — Toronto, ON, CAN
Posted 2026-08-05
Application Deadline: 08/31/2026 Address: 100 King Street West Job Family Group: Audit, Risk & Compliance The Senior Advisor, Basel Interpretation Office role is responsible for enterprise-wide oversight of OSFI’s Capital Adequacy Requirements (CAR), Implementation Notes, and Total Loss Absorbing Capacity (TLAC) guidelines. The role maintains the end‑to‑end governance framework for interpreting CAR and related regulatory capital requirements—including those in foreign jurisdictions—by ensuring robust procedures, methodologies, and controls that support accuracy, transparency, and consistency across the organization. The position also oversees interpretation of emerging regulatory expectations for risks related to digital assets and crypto related activities, ensuring capital governance evolves in line with developing regulatory capital expectations. Key Responsibilities Regulatory Capital Governance Lead the governance framework for interpreting CAR, TLAC, and related regulatory requirements. Establish clear ownership and accountability for regulatory capital interpretation across first and second line functions. Support ongoing enhancements to capital governance processes, methodo