Deposits Compliance Manager

20th August, 2024

Title: Deposits Compliance Manager

Job Type: Full-time

Location: Hybrid, 2 days per week in office in Toronto or Vancouver

Start-Date: ASAP

Must Haves:

• Highly experienced with Business Deposits
  * Ideally seeking a candidate who has strong knowledge of the Bank Act, Trust & Loan Act, CDIC, OSFI, etc...
• Experience implementing API's, working knowledge of API's
• Strong Agile background
• Prior experience at one of the major banks is preferred, ideally someone who has worked in B2B environments
• Seeking a senior resource who is confident in presenting proposals in front of c-suite members

About the qualifications:

• 5+ years of experience in advisory compliance in financial services (or Big 6 in the FI Compliance/Risk Advisory practice).
• At least 2 years of experience working with and partnering with Canadian regulators (ie. OSFI, FCAC, FINTRAC).
• Post-secondary education in a relevant field (i.e. Accounting, Finance, Business).
• Extensive policy writing experience particularly for new product and services.
• Knowledge of risk management frameworks.
• Strong quantitative skills and analytic ability.
• Proficient using technology and productivity tools to navigate data and conduct analyses, and able to quickly learn new systems and tools.
• Expertise in working with regulatory compliance tools, such as Resolver and network systems.
• Experience working with payments and exchange platforms, such as I2C and Cannex.
• Highly motivated, self-starter who can operate with a high degree of autonomy.

About the day-to-day:

• Manages, motivates and develops direct reports through ongoing performance development.
• Manage control design, perform risk assessments and provide regulatory advisement for new lines of business.
• Monitor and manage testing activities to ensure the compliance of regulatory and operational processes and external partners (ie. KYC, Bank Act and relevant Regulatory Guidelines).
• Respond to investigation incidents/requests from the regulators, manage/lead the investigation of matters and issues to point of resolution.
• Partner, advise and educate internal business partners on compliance requirements for products and business needs in their space.
• Manage, motivate and develop 1-2 team members within a matrix organization.
• Prioritize, organize, and manage up to 100 projects and deliverables on an annual basis.