Assistant Manager Compliance

Bank of China (Canada); Markham; On-site; CAD 85,000 - 120,000; Full time

Job summary

Bank of China (Canada) is seeking an Assistant Manager, Compliance in Markham, Ontario. The role focuses on supporting the Regulatory Compliance Management program, conducting regulatory gap analyses, and maintaining compliance policies and control matrices.

You will map controls, advise business units, and monitor remediation to ensure regulatory alignment. The position requires a Bachelor’s degree in a related field and 4+ years of experience in regulatory compliance or risk management,

Qualifications

• Bachelor’s degree in Business, Finance, Law, Risk Management, Compliance, or related discipline.
• 4+ years in regulatory compliance, regulatory risk, compliance testing, internal controls, or risk management.
• Strong understanding of Regulatory Compliance Management (RCM) principles.
• Knowledge of Canadian financial services regulatory requirements, including consumer protection and privacy.

Responsibilities

• Support the Regulatory Compliance Management (RCM) program, identifying and monitoring regulatory requirements.
• Conduct regulatory gap analyses for new or amended requirements and track remediation upon implementation.
• Maintain and enhance compliance policies, procedures, and control matrices.
• Perform control mapping, identify gaps, and propose remediation actions.
• Provide compliance guidance to business units on regulatory requirements and controls.
• Handle customer complaints and assist with regulatory reporting and escalation.
• Collect and review periodic compliance self-assessments from business units.
• Review marketing materials from a regulatory perspective and track remediation.

Skills

Regulatory compliance

Regulatory risk

Compliance testing

Internal controls

Risk management

Microsoft Office

Education

Bachelor’s degree in Business, Finance, Law, Risk Management, Compliance

Tools

Excel

Word

PowerPoint

Job description

Job Title: Assistant Manager, Compliance

Location: Markham, Ontario

Job Type: Full-time, Permanent

What You Will Do

• Support the Bank’s Regulatory Compliance Management (RCM) program, including the identification, assessment, and ongoing monitoring of applicable regulatory requirements.
• Conduct regulatory gap analyses for new and amended requirements, develop implementation plans, and monitor progress through completion.
• Maintain and enhance compliance policies, procedures, process narratives, control matrices, and other RCM documentation.
• Perform control mapping and assessment, identify potential control gaps, and recommend appropriate remediation actions.
• Provide compliance guidance and advisory support to business units and departments on regulatory requirements, controls, and remediation activities.
• Handle and monitor customer complaints, including supporting regulatory reporting and escalation requirements.
• Collect and review periodic compliance self-assessments from business units and follow up on identified issues.
• Review marketing and promotional materials from a regulatory compliance perspective.
• Track compliance issues, findings, and remediation activities to support timely and effective closure.
• Support responses to internal audits, external audits, and regulatory examinations, including preparing materials, coordinating responses, and monitoring remediation commitments.
• Prepare periodic compliance reports, control reports, gap analyses, remediation reports, and management updates.
• Support the development and delivery of compliance training and maintain relevant training materials.
• Coordinate recurring and ad hoc compliance reporting for management and other internal stakeholders.
• Participate in compliance testing and monitoring activities and contribute to continuous improvements to the Bank’s compliance framework.
• Perform other compliance-related projects and responsibilities as assigned.

What You Bring to the Table

• Bachelor’s degree in Business, Finance, Law, Risk Management, Compliance, or a related discipline.
• 4 or more years of experience in regulatory compliance, regulatory risk, compliance testing, internal controls, or risk management, preferably within banking or financial services.
• Strong understanding of Regulatory Compliance Management (RCM) principles and the ability to interpret regulatory requirements and translate them into practical business controls.
• Knowledge of Canadian financial services regulatory requirements, including consumer protection and privacy requirements, is strongly preferred.
• Experience with regulatory change management, gap analysis, control mapping, compliance monitoring, or remediation tracking is highly desirable.
• Strong analytical and critical-thinking skills, with the ability to interpret complex regulatory requirements and identify compliance risks.
• Strong policy and procedure writing, documentation, and report-writing skills.
• Excellent organizational skills with the ability to manage multiple priorities and deadlines.
• Strong written and verbal communication skills and the ability to work effectively with business units, management, and control functions.
• Strong proficiency in Microsoft Office, particularly Excel, Word, and PowerPoint.

Bank of China (Canada) is committed to fostering an inclusive workplace where diversity is valued. We encourage qualified candidates from all backgrounds to apply. Please note that only candidates selected for further consideration will be contacted.

Accommodation: Bank of China (Canada) is committed to providing accommodations throughout the recruitment process. If you require any accommodations, please contact the HR team, and we will be happy to assist.