About Business Conduct ComplianceBusiness Conduct Compliance, BCC, conducts examinations of investment dealers and mutual fund dealers to assess whether firms have appropriate controls to supervise their business conduct activities. BCC also reviews firm compliance with CIRO's investor protection, sales conduct, supervision, complaint handling, conflicts of interest, know-your-client, suitability, and related business conduct requirements.
BCC plays an important role in identifying current and emerging risks across the investment industry and supporting consistent, practical, and risk-based supervisory approaches.
About this OpportunityThis is a unique opportunity to work at the intersection of securities regulation, innovation, dealer supervision, and investor protection. In this role, you will assess evolving business models, new technologies, digital engagement practices, artificial intelligence, crypto-related activities, order execution only platforms, prediction markets, social media, third-party technology arrangements, and other novel dealer practices.
As Counsel, Business Conduct Compliance, you will help BCC understand these developments and evaluate how existing regulatory requirements apply in practice. Your analysis and recommendations will support effective supervision, investor protection, and consistent decision-making across BCC. You will help BCC assess emerging risks, support consistent examination approaches across firms and regions, and identify issues that may require escalation to Policy for further consideration, interpretation, guidance, or rule development.
This role is embedded within BCC and is designed to provide practical regulatory support to examination teams, management, and internal stakeholders on complex and emerging business conduct issues. It will appeal to someone who enjoys working through regulatory questions where the answer is not always clear, connecting legal and policy concepts to real-world dealer practices, and developing practical recommendations that support consistent regulatory outcomes
Core Responsibilities- Lead the assessment of complex and emerging dealer conduct issues, including new business models, technologies, products, partnerships, digital engagement practices, and other novel activities.
- Analyze facts, applicable rules, guidance, and regulatory concepts to develop clear, practical recommendations for BCC management and examination teams.
- Support consistent BCC approaches across firms, regions, and examination teams on emerging business conduct matters.
- Identify issues that may require escalation to Policy for interpretation, guidance, or rule development.
- Prepare briefing notes, issue summaries, decision-support materials, and practical guidance on complex or emerging regulatory issues.
- Identify trends, recurring issues, and emerging risks across dealers, examinations, and business models.
- Work closely with the BCC Senior Counsel to support alignment, knowledge transfer, and continuity of specialized regulatory expertise.
- Support updates to examination approaches, findings language, procedures, tools, and training where new issues emerge.
- Prepare and deliver presentations on emerging regulatory and business conduct topics for internal and external audiences.
What You BringMust-have- Law degree, legal training, or equivalent experience in securities regulation, dealer compliance, policy, or regulatory analysis or a related area.
- Significant experience in private practice, in-house, regulatory, compliance, examination, or policy roles involving securities regulation or dealer conduct.
- Strong knowledge of dealer operations, supervision, compliance, and the Canadian securities regulatory framework.
- Demonstrated ability to analyze complex business models, regulatory issues, and fact patterns where formal rules, guidance, or precedents may be limited.
- Excellent judgment, problem-solving, analytical, written, and verbal communication skills.
- Ability to translate legal, policy, or regulatory issues into practical guidance for examination teams and management.
- Ability to navigate escalations and high-risk matters in a regulatory environment.
- Strong presentation skills and ability to explain complex topics clearly to different audiences.
Nice-to-Have- Experience with emerging areas such as digital assets, artificial intelligence, OEO platforms, prediction markets, digital engagement practices, social media, or platform-based business models.
- Experience preparing briefing notes, issue summaries, policy analysis, regulatory guidance, or decision-support materials.
- Experience developing training, tools, procedures, or internal guidance for regulatory, compliance, or examination teams.
- Knowledge of relevant foreign regulatory systems, regulators, rules, or legislation.
We recognize that strong candidates may bring different combinations of legal, regulatory, compliance, policy, or industry experience. If your background gives you the ability to analyze complex securities regulatory issues and provide practical guidance, we encourage you to apply.
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
*Asterisked offerings are not applicable to contracts
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 $124,000 - $152,000 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
