We are currently seeking a Corporate Branch Manager. In this role, the successful candidate is expected to ensure that the business conducted in branch/sub-branch office locations under their supervision by registered individuals, non-registered branch personnel and any applicable agents on behalf of Assante’s two dealerships, Assante Financial Management (AFM), a member of the Mutual Fund Dealers’ Association (MFDA) and Assante Capital Management (ACM), a member of the Investment Industry Regulatory Organization of Canada (IIROC), is in compliance with applicable securities regulatory requirements as well as internal supervisory and compliance policies and procedures.
WHAT YOU WILL DO
- Overall supervisory responsibility for an assigned group of AFM and ACM registered individuals and branch/sub-branch office locations under their supervision
- Approval of all new accounts, New Account Application Forms (NAAF) and related required documentation to ensure completeness and follow-up on any deficiencies noted within a reasonable time frame
- Ensure registered individuals are properly registered, do not exceed requirements of their registration, provide all appropriate disclosure forms to clients as required in connection with opening accounts or trading in approved products, disclose all outside business activities to Head Office Compliance, and only conduct activities for which they are registered for or have otherwise obtained approval from Head Office Compliance
- Monitor registered individuals during the initial 90-Day Training Program, the 6-month supervision period and during any periods of ‘close supervision’ as determined by Head Office Compliance
- Complete and provide evidence of and follow up on any deficiencies noted in the daily and monthly trade and account reviews, with such reviews performed in accordance with securities regulatory requirements
- Report any significant client service issues, including allegations of wrongdoing and any verbal or written complaints to Head Office Compliance immediately
- Be responsible for ongoing education and training of both registered and non-registered representatives to ensure awareness of and compliance with new and revised securities regulatory requirements and internal supervisory and compliance policies and procedures
- Establish an effective filing system to ensure all client and branch files are current and up-to-date and contain all required documents
- Effectively control access to supervisory records and files to ensure client confidentiality
- Minimum of annual visits with sub branch locations as part of ensuring overall compliance and effective supervision of registered individuals
- Report regularly to CCO & VP, Compliance (Head Office) in relation to:
- Overall level and effectiveness of branch and supervision of registered individuals and compliance with securities regulatory requirements and internal supervisory and compliance policies and procedures
- Specific supervisory challenges relating to registered individuals
- Performance and results of any internal or external branch examinations performed across any branch/sub-branch office locations under their supervision
- Inquiries, requests for information from the Securities Commissions or local offices of IIROC or the MFDA
- Client complaints, lawsuits or allegations of misconduct levied against any registered individuals or branches
- Maintain open and effective relations with staff from Commissions, IIROC and MFDA
WHAT YOU WILL BRING
- Minimum 5 years securities industry experience, with minimum 2 years’ experience as a Branch Manager or Compliance Officer with an IIROC or MFDA dealer firm
- Fully proficient in French.
- Experience with a securities commission or self-regulatory organization would be an asset
- MFDA or IIROC licensed or will be required upon hire (subject to regulatory approval)
- An undergraduate degree
- Completion of applicable securities industry courses offered by the Canadian Securities Institute including: Canadian Securities Course, Branch Managers Course, and Partners, Directors and Senior Officers Qualifying Exam
- Demonstrated knowledge and understanding of the relevant securities legislation and SRO rules and regulations.
- Extensive knowledge of MS Office applications including as Word, Excel, Power Point and Outlook
- Familiarity and experience working with common securities transaction processing systems, including RPM
- Ability to work independently and under pressure
- Strong conflict resolution, organizational, and communication skills
WORKING CONDITIONS
WHAT YOU CAN EXPECT FROM US
Our dedication to the Employee Experience at CI is aimed at supporting, empowering and inspiring our talented team through:
- Recognition & Compensation
- Training & Development
- Health & Well-being
- Communication & Feedback
This role follows our in‑office work model and requires employees to be onsite four days per week to support collaboration and business needs.
This opportunity is for an existing vacancy with the company. The anticipated base salary range for this position is $69,500 to $119,500. Exact salary depends on several factors such as experience, skills, education, and budget. Salary range may vary based on geographic location. In addition to base salary, this position is eligible for participation in a bonus program. In addition, The Company offers a variety of benefits to eligible employees, including health insurance coverage, wellness programs, life and disability insurance, retirement savings plans, paid leave programs, education-related programs, paid holidays and vacation time, and many others. Many of these benefits are subsidized or fully paid for by the company.
