Compliance Advisor (Bilingual)

Richardson Wealth Ltd; Toronto; On-site; CAD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Compliance Advisor to ensure adherence to industry regulations and enhance compliance practices. This role involves monitoring client account activities, providing guidance to advisors, and ensuring regulatory compliance within the firm. The ideal candidate will possess strong communication skills and a solid understanding of the investment industry. Join a dynamic organization that values innovation and professional development, where your expertise will contribute to a thriving workplace culture. If you are driven and client-centric, this opportunity is perfect for you.

Qualifications

• Experience in compliance within a CIRO Dealer Member is an asset.
• Strong understanding of regulatory requirements and industry rules.

Responsibilities

• Conduct daily and monthly reviews of client account activity.
• Monitor business conduct for regulatory non-compliance risks.

Skills

Verbal and written communication skills

Regulatory knowledge

Analytical skills

Self-motivated

Bilingual in English and French

Education

University degree or college diploma

Completion of the Canadian Securities Course (CSC)

Conduct and Practices Handbook (CPH)

Tools

MS Word

MS Excel

MS Access

MS PowerPoint

Dataphile

Portfolio Aid

Open-Source Ticket Request System (OTRS)

Job description

April 9, 2025

About Us:

As a leading Canadian wealth management organization, Richardson Wealth offers the personal touch of a boutique firm while delivering big results. With offices across the country, we are home to some of Canada’s best investment advisors. We’ve embarked on an exciting growth phase – a multi-year transformational journey to enhance our entrepreneurial, high-performing, advisor-centric culture.

Position Overview
The Compliance Advisor is a resource for employees and other industry related professionals regarding industry regulations that must be adhered to within the firm. The primary responsibilities will be geared towards retail compliance including daily and monthly trade/account surveillance, responding to queries of the Investment Advisors, Branches and other departments.

Duties and Responsibilities

1. Conduct, monitor and document daily and monthly head office reviews of client account activity with a focus on criteria outlined in CIRO Policies and other regulatory/corporate guidelines.
2. Identify trading trends developing of specific advisors and/or client accounts with an emphasis on suitability, concentration, potential conflicts of interest, unusual transactions, conducting detailed analysis and escalating concerns to the Regional Team Lead, where necessary.
3. Follow up on inquiries from daily and monthly reviews with Advisors and Branch Management.
4. Ensure that required actions arising from reviews are completed within reasonable timeframes and records are appropriately filed in the central location within the Compliance Department.
5. Functions as a key point of contact and resource on Surveillance related inquiries and requests from employees and Branch staff.
6. Monitor business conduct for risk resulting from regulatory non-compliance and recommend course of action.
7. Assist in AML as needed relating to unusual and/or suspicious activity.
8. Continually evaluate the effectiveness of departmental procedures and participate in developing, maintaining and implementing changes to the policies and procedures.
9. Provide guidance and support to advisors and branch office staff regarding compliance policies and procedures, including effectively communicating requirements.
10. Work on special projects as requested.

Qualifications

1. Previous industry experience with a CIRO Dealer Member is an asset, including the ability to conduct suitability assessments.
2. Strong verbal and written communication skills.
3. Strong understanding of how the investment/securities industry functions and be able to apply that knowledge to RWL internal processes.
4. Good understanding of regulatory requirements and industry rules across Canada.
5. Good understanding of trading practices, market structure, risk factors, and general characteristics associated with the various securities and investment strategies to perform day-to-day analysis.
6. Ability to use initiative and work with minimal supervision.
7. Exercise good judgment on regulatory and supervisory issues.
8. Self-motivated and interested in ongoing learning and professional development (including attendance of regulatory or educational conferences and seminars).
9. Working knowledge of MS Applications including Word, Excel, Access, and PowerPoint.
10. Strong computer and technology skills and familiarity with industry software would be an asset (including Dataphile, Portfolio Aid and Open-Source Ticket Request System (OTRS)).
11. Candidate must be bilingual in English and French.

Education

1. University degree or college diploma.
2. Completion of the Canadian Securities Course (CSC); Conduct and Practices Handbook (CPH).

Why Apply:

Our firm is only as good as the people who work here. Our employees are exceptional because they combine in-depth expertise with enthusiasm and empathy. From our front office talent to our colleagues behind the scenes, we have one focus: to ensure our people thrive here more than anywhere else. Are you innovative, self-driven, and client-centric?

If so, we’re ready to invest in you.

Richardson Wealth is an equal opportunity employer and committed to providing a diverse, equitable and inclusive environment. We are happy to meet your individual needs in keeping with the Canadian Charter of Rights and Freedoms and the Accessibility for Ontarians with Disabilities Act. Candidates may request accommodation at any point during the interview process.

We are a proud partner of Pride at Work Canada.