Associate Vice-President, Supervision

Wellington-Altus; Calgary; On-site; CAD 120,000 - 170,000; Full time

Job summary

A leading financial firm in Calgary is seeking an Associate Vice-President for Supervision to oversee compliance in various business lines. The ideal candidate will have over 10 years of experience in the wealth management industry, strong leadership capabilities, and a proven record in regulatory compliance. The role includes designing compliance programs, managing a supervision team, and engaging with stakeholders. This position offers a competitive salary range, along with comprehensive benefits and the opportunity to contribute to a diverse and inclusive workplace.

Benefits

Discretionary bonuses

Health insurance

Life insurance

Unique benefits per location

Qualifications

• 10+ years of wealth management experience.
• Experience in a compliance role preferred.
• Canadian Securities Course or related certifications are assets.

Responsibilities

• Lead a team to ensure compliance with regulatory requirements.
• Develop compliance programs and oversee their implementation.
• Engage with stakeholders to foster a culture of compliance.

Skills

Wealth management experience

Regulatory compliance

Communication skills

Leadership

Problem-solving skills

Education

Post-secondary education in business administration or finance

Tools

MS Office Suite

Envestnet

Job description

Associate Vice-President, Supervision

Location: This on-site posting is for an existing vacancy in Wellington-Altus’s Toronto or Calgary office.

Our organization

Founded in 2017, Wellington-Altus Financial (Wellington-Altus) is the parent company to Wellington-Altus Private Counsel Inc., Wellington-Altus USA Inc., Wellington-Altus Insurance Inc., Wellington-Altus Group Solutions Inc., Independent Advisor Solutions Inc., and Wellington-Altus Private Wealth Inc.—the top-rated* investment dealer in Canada and one of Canada’s Best Managed Companies. With nearly $40 billion in assets under administration and offices across the country, Wellington-Altus identifies with successful, entrepreneurial advisors and portfolio managers and their high-net-worth clients.

*Investment Executive 2025 Brokerage Report Card.

The opportunity

Reporting to the Vice-President (VP), Supervision & Chief Compliance Officer, the Associate Vice-President (AVP), Supervision is responsible of supervising and providing primary compliance support for various business lines for Wellington-Altus Private Wealth (“WAPW”).

The AVP, Supervision will be responsible for designing and implementing controls to ensure compliance with regulatory requirements, internal policies, and procedures, while establishing an effective and efficient supervision program. A key aspect of this responsibility is to lead a team of Supervisors to maintain compliance and support the growth of Advisors’ practices.

Additionally, the AVP will represent Compliance on firm-wide and departmental initiatives, requiring exceptional communication and interpersonal skills, as well as the ability to positively influence and guide organizational change.

Key responsibilities include

• Compliance Leadership & Risk Management Provide monitoring, leadership and coaching to the Supervision team. Act as key compliance relationship manager and handle escalations from the Advisor teams. Create and maintain Compliance Programs for WAPW, provide reporting and lead changes to enhance the compliance program. Foster and maintain strong, collaborative relationships with internal and external stakeholders and promote a strong culture of compliance. Identify emerging risks and trends and make enhancements to existing policies, procedures, and controls to appropriately mitigate risk and improve the efficiency and effectiveness of the firm’s risk-based supervision program. Participate in or lead compliance and supervision related projects and initiatives, as assigned. Participate in internal compliance reviews and external regulatory reviews, as required.
• Managing the Supervision Program Complete regulatory reviews and approvals of managed account opening/update documents. Conduct reviews for clients of account type suitability, model suitability, alignment of investment holdings with selected model, trading activity, advisor compensation, etc. Complete timely inquiries and follow-up, as needed, with advisors. Review and approve, where appropriate, outside activities, pledge accounts, referral arrangements and third-party deposits/payments. Monitor high risk accounts/clients and submit suspicious transaction reports, where warranted. Complete ongoing communication with other Supervisors, Branch Audit, the Trade Desk and the Managed Accounts Committee to help the group with “Know Your Advisor” obligations.
• Special Projects & Assignments Assist with firm-wide initiatives relating to the managed account platform and compliance. Conduct research on regulatory requirements. Additional duties/assignments, as directed by the VP. Provide Compliance Advisory Services to all areas of the business as appropriate. Review and update policies and procedures as required or requested. On a proactive basis, conduct trend analysis to identify risks and suggest controls to mitigate risks.
• Education & Training Maintain current knowledge of investment markets, issuer information, firm operational and management updates plus changes in regulations, industry rules and internal policies. Create and ensure timely updates to policies and procedures and supervision guide. Develop and present communication materials/presentations relevant to the managed account platform. Be readily accessible each day to provide advice and guidance to advisor teams.

The ideal candidate will possess

• Post-secondary education in business administration, finance, or similar field of study, or equivalent combination of education and experience.
• 10+ years’ wealth management industry experience working in a Compliance capacity.
• Experience in an independent investment dealer or portfolio management firm is an asset.
• Canadian Securities Course (CSC), Conducts & Practices Handbook (CPH), Investment Dealer Supervisor Course (IDSC), Chartered Investment Management (CIM) or Chartered Financial Analyst (CFA) are assets.
• Proficiency with the MSOffice suite (including Word, Excel, Powerpoint, Teams, Outlook) and managed account tools such as Envestnet.
• Demonstrate a high level of accountability, reliability, adaptability, and innovation in accomplishing day to day work and long-term goals.
• Excellent attitude and commitment to providing extraordinary service.
• An excellent attention to detail.
• Exemplary interpersonal and influencing skills; an ability to communicate effectively and work collaboratively, across multiple mediums (in-person, over the phone, and virtually).
• Excellent problem-solving skills.
• Strong organizational skills.
• A high tolerance for ambiguity; highly adaptive and able to manage a large volume of competing priorities.
• Strong critical thinking and written and verbal communication skills.
• An ability to maintain the highest levels of confidentiality.

Compensation & Benefits

Range $120,000-$170,000 annually.

This range represents Wellington-Altus's expected range of compensation for this position. Actual compensation will vary and will be based on various factors, such as location, skills, experience, and qualification for the role. Compensation for part-time roles will be pro-rated based on number of hours regularly worked.

Wellington-Altus's total compensation package for employees may also include discretionary bonuses as well as other perks and rewards. Wellington-Altus also offers health insurance, accident and life insurance, and other unique benefits per location.

Conditions of employment

• Must be legally eligible to work in Canada.
• Ability to travel anywhere within Canada, up to 0-3% of the time, dependent on initiatives.
• A background check, satisfactory to the employer, may be required of the successful applicant prior to commencing employment.

Wellington-Altus Private Wealth is strongly committed to equity and diversity within its community and welcomes applications from women, racialized persons, Indigenous peoples, persons with disabilities, and persons of all sexual orientations and genders. All qualified individuals who would contribute to the further diversification of our organization are encouraged to apply.

If you require accommodation for the recruitment process, please let us know at the point of application.

To apply