Compliance Analyst

Q Wealth Partners; Toronto; Hybrid; CAD 70,000 - 90,000; Full time

Job summary

A financial services partnership in Toronto seeks a Compliance Analyst to support compliance processes and ensure adherence to regulations. The ideal candidate will have an undergraduate degree, 3-5 years of experience in a compliance role, and strong technical and communication skills. This role offers the opportunity to work closely with the Chief Compliance Officer in a dynamic environment.

Qualifications

• 3-5 years work experience in a compliance function with a firm registered as Portfolio Manager, Investment Fund Manager, or CIRO registered dealer.
• Working knowledge of the PM and IFM regulatory environment and NI 31-103 would be an asset.
• Relevant experience in an analytical or technical role within a regulatory function.

Responsibilities

• Review all incoming new client documents for compliance.
• Conduct compliance reviews of marketing material and online content.
• Maintain documented evidence for compliance obligations.
• Monitor employee personal trading transactions.
• Conduct monthly Anti-Money Laundering reviews of clients.

Skills

Strong technical aptitude

Superior verbal and written communication skills

Excellent problem-solving skills

Ability to work effectively in a remote environment

Adaptability to meet deadlines

Education

Undergraduate or advanced degree in finance, economics, business

Job description

Role Overview

This is an exciting opportunity to join a dynamic and rapidly growing partnership of Canadian Portfolio Managers. We are looking for an enthusiastic Compliance Analyst to grow our Compliance Team. You will work with the Chief Compliance Officer to assist with implementing aspects of the compliance program across the partnership. The Compliance Team is responsible for ensuring compliance with the regulations, policies, and legislation applicable to Q Wealth.

If you’ve ever wanted to take ownership of work with visible impact and be surrounded by a close-knit, transparent, and driven team of people just like you, Q Wealth could be your new home.

Responsibilities

• Review all incoming new client documents for compliance with requirements
• Work with the marketing team to conduct compliance reviews of all marketing material and online content
• Assist with maintaining documented evidence for policies and procedures listed in QW’s compliance calendar which lists all compliance obligations during the year
• Assist with maintaining a current inventory of conflicts and Relationship Disclosure Information
• Collect and store employee compliance documents – Personal Trading, compliance manual receipts and acknowledgement forms
• Monitor employee personal trading transactions
• Conduct monthly Anti-Money Laundering and Anti-Terrorism review of clients
• Work with the IT department to assist with supervision of the annual cybersecurity assessment
• Assist in creation of new training materials
• Assist with supervision of the IFM business and oversight of fund accounting and trust accounting for the firm’s pooled funds
• Maintain internal operational policies and procedures
• Assist with third-party due diligence requests and regulatory surveys
• Support review requests by regulators, such as the OSC and FINTRAC
• Support the external auditor on an annual basis
• Assist the department with any other function necessary to support the compliance function at Q Wealth

What Do You Need To Succeed

• Strong technical aptitude and the ability to quickly master new technologies, systems, and workflows with minimal training would be critical to a candidate’s success in this position.
• Comfortable in a fast-paced, agile environment with ability to self-teach
• Superior verbal and written communication skills
• Excellent problem-solving skills to understand root cause, define options and make pragmatic recommendations related to complex issues
• Ability to work and communicate effectively in a remote work environment
• Mindset of innovation and continuous improvement
• Able to handle numerous operational tasks and projects concurrently, with minimal supervision
• Proven adaptability to meet deadlines and manage priorities in a continually changing environment

Specific Qualifications

• Undergraduate or advanced degree in finance, economics, business, or equivalent
• 3-5 years work experience in a compliance function with a firm registered as Portfolio Manager, Investment Fund Manager, or CIRO registered dealer
• Working knowledge of the PM and IFM regulatory environment and NI 31-103 would be an asset
• Relevant experience in an analytical or technical role within a regulatory function