2-4 years of experience in compliance, audit or supervisory function with a Dealer Member or related regulatory organization
Completion of competency exam/course in investment industry (e.g., CIRE, CSC)
Chartered Professional Accountant (CPA) designation is a plus
Ability to understand risks of new business products and draft examination procedures
Responsibilities
Conduct risk assessments to create examination plans based on high-risk areas
Perform examinations by reviewing workflows and compliance with standards
Complete fieldwork within deadlines, addressing any review notes
Document deficiencies and communicate findings to firms
Recommend improvements to examination processes
Coordinate with other compliance departments for planning and scheduling
Draft examination reports with clear language
Benefits
Hybrid work environment
Employer-paid health benefits and spending account from day one
Defined Contribution Pension Plan with company matching starting immediately
Paid flex days and sick days
Vacation days
Maternity/Paternity leave top-up
Paid continuous learning and development opportunities
Full Job Description
Position Title: Business Conduct Compliance Examiner
Department: Business Conduct Compliance
Location: Toronto
Status: Permanent Full-Time (Hybrid)
Day in the life of:
As a key member of an examination team, the BCC Examiner conducts field reviews of sales and business conduct activities of Dealer Member firm head office and business locations. You will interpret and apply CIRO Dealer Member Rules to the evolving business models of firms.
Core Responsibilities:
Conduct an in-depth risk assessment of firm business activities to develop a comprehensive examination plan by identifying high-risk areas, documenting the risk levels of assigned examination modules, and assessing the risks associated with new products or business lines, tailoring examination procedures to address compliance with regulatory requirements
Perform examinations by conducting walkthroughs to understand workflows and document processes, evaluating compliance with regulatory standards and assessing the effectiveness of internal controls under supervision
Complete fieldwork within the allocated timeline, addressing review notes promptly to maintain examination quality and efficiency
Clearly document deficiencies and communicate the findings to the firm by collaborating with the examination team to compile comprehensive examination reports, ensuring that findings are well-supported and assist with the review firm's remediation plans for compliance with regulatory requirements
Recommend improvements to the examination processes and methodologies, providing feedback to enhance program efficiency and effectiveness
Interact with other compliance departments for planning, exam scheduling and info sharing purposes
With the lead examiner, draft findings and the examination report utilizing plain language
Key Skills and Competencies:
Must-haves
General undergraduate degree
2 - 4 years' experience in compliance, audit or supervisory function with a Dealer Member, or other related employment with a securities regulatory organization
Completion of an exam or course that demonstrates competency in the investment industry such as the Canadian Investment Regulatory Exam (CIRE), and/or Retail Securities Exam and/or Institutional Securities Exam, or other legacy courses such as the Canadian Securities Course (CSC) and Conduct and Practices Handbook (CPH) Course
Nice to Haves
Chartered Professional Accountant (CPA) designation with auditing experience
Ability to quickly understand the risks associated with new business lines or products and to formulate practical examination procedures to address them
Ability to professionally and effectively communicate both verbally and in writing
Attention to detail and ability to exercise sound judgement
Ability to work independently in a team-oriented environment
Ability to multi-task, adhere to timelines and work under pressure in different environments
Ability to travel
Completion of an exam or course that demonstrates competency in the investment industry and derivatives trading such as the Derivatives Exam, or other legacy courses such as Options Licensing Course (OLC), Futures Licensing Course (FLC), Derivatives Fundamentals Course (DFC) or Derivatives Fundamentals and Options Licensing Course (DFOL), Branch Managers' Examination Course (BME), Completion of an exam or course that demonstrates competency in the investment industry and role of the CCO such as the Chief Compliance Officer Exam or other legacy courses such as the Chief Compliance Officers Qualifying Exam (CCO) and Investment Dealer Compliance Course (IDCC) are considered assets
What we offer:
Competitive base salary in alignment with market
Performance based bonus
Hybrid work environment
Employer paid Health Benefits and Spending Account that offer flexibility to meet your individual or family needs as of day one.
Defined Contribution Pension Plan with company matching that starts on your first day of employment.
Paid flex days and sick days
Vacation days
Maternity Leave Of Absence /Paternity Leave Of Absence top up
Paid continuous learning and continuing development including designations.
OurRecruitment Process
This posting reflects an active vacancy on our team
We use automated (AI) tools toassistwith candidate sourcing and communications. Applications are reviewed by our hiring team and hiring decisions are made by people.
This role has a hiring range of $77,000 - $90,000 with the placement and offered salary being based on knowledge, skills, education/training and experience, as well as external market conditions and internal equity.
While we appreciate receiving applications, only those applicants who closely meet the position requirements will be contacted. #LI-HYBRID #hiring
