Permanent Full Time
Reporting to the AVP, Business Risk and Control, you will play a key leadership role in ensuring the Wealth & Advice business unit's adherence to regulatory requirements and internal policies. You will provide oversight of regulatory compliance for our wealth and asset management businesses and work closely with subsidiary compliance teams.
What you will do- Provide advice and oversight on the development, implementation and maintenance of the compliance framework aligned with financial services regulations (e.g. OSFI, CIRO), as well as other applicable federal and provincial regulations, to ensure business alignment with regulatory expectations
- Manage and/or monitor the implementation of regulatory change programs across the business unit, including working closely with wealth and asset management subsidiary compliance teams to interpret regulatory changes, assess impact on business operations, and engage stakeholders accordingly in assessing and implementing required changes
- Monitor, oversee and report on the remediation of compliance related deficiencies, including but not limited to internal audit, 2nd line of defence compliance monitoring and assessment, quality assurance, risk events and other ad hoc reviews
- Provide oversight related to subsidiary governance and conduct risk management as it relates to regulatory compliance management obligations associated with the Wealth & Advice business unit and its subsidiaries
- Complete compliance risk assessments and thematic reviews to assess emerging risk themes for each wealth and asset management subsidiary
- Develop and maintain business unit specific compliance metrics and reporting
- Work collaboratively with business and functional partners to provide practical, risk-based oversight and advice on a wide range of matters impacting our wealth and asset management businesses
- Execute testing of controls related to regulatory compliance obligations
What you will bring- 5+ years of progressive compliance experience within the financial services industry
- An in-depth knowledge of applicable securities legislation/regulation is considered an asset
- Proven ability to interpret complex regulatory requirements and translate them into practical business solutions
- 2+ years of experience in the business/functional area with people management role considered an asset
- Strong analytical and problem-solving skills, with the ability to assess complex issues and recommend practical solutions
- Excellent communication and interpersonal skills, with the ability to collaborate effectively across teams
- Strong organizational skills and attention to detail, with the ability to manage multiple priorities
- Proficiency in Microsoft Office applications (Outlook, Excel, Word, PowerPoint); experience with compliance management systems and risk assessment tools is considered an asset
- University degree or college diploma (preferably in finance, business, or law); or equivalent
The base salary for this position is between
$102,000 - $152,000 annually. This represents base salary only and does not represent other variable compensation components of our total compensation ( i.e. annual bonus, commission etc). If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you.
Career opportunities will be open a minimum of 5 business days from the date of posting, closing dates will vary depending on the search activity. All applications received will be reviewed on a rolling basis.
#LI-Hybrid
Requisition ID: 6757
Category: Corporate Functions
Location:
