Compliance, Assistant Vice President (6 months term)

MUFG Canada; Toronto; On-site; CAD 70,000 - 90,000; Full time

Job summary

A leading financial institution in Toronto is seeking a Compliance Manager for a 6-month contract. This role involves managing compliance reporting, training, and privacy risk assessments. The ideal candidate will possess strong analytical skills, proficiency in MS Excel, and a Bachelor’s degree in a relevant field. Join a dynamic team committed to compliance excellence and make a meaningful impact.

Qualifications

• Proficiency in managing and analyzing data.
• Ability to interact effectively with senior management.
• Experience in a fast-paced environment.

Responsibilities

• Manage compliance reporting for local and global stakeholders.
• Prepare and submit reports by due dates.
• Administer training and manage compliance-related issues.

Skills

Strong computer skills with MS Office

High proficiency in Excel

Excellent communication skills

Analytical and logical reasoning

Project management skills

Understanding of laws and regulations

Ability to work under pressure

Education

Bachelor's degree in Business Administration, Financial Management, Accounting, or Legal

Chartered Accountancy designation (CPA / ACCA / CA)

Tools

MS Word

MS PowerPoint

Visio

Job description

Do you want your voice heard and your actions to count

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG) one of the worlds leading financial groups. Across the globe were 120000 colleagues striving to make a difference for every client organization and community we serve. We stand for our values building long-term relationships serving society and fostering shared and sustainable growth for a better world.

With a vision to be the worlds most trusted financial group its part of our culture to put people first listen to new and diverse ideas and collaborate toward greater innovation speed and agility. This means investing in talent technologies and tools that empower you to own your career.

Join MUFG where being inspired is expected and making a meaningful impact is rewarded.

• This is a 6-month contract position

This position is responsible for managing local regional and global compliance reporting. The position is also responsible for regulatory compliance management as well as managing compliance risks including privacy risk associated with organizations external counterparts its activities and processes.

Key Responsibilities :

Compliance Reporting

Managing all reporting requests from local regional and global stakeholders applicable for Compliance

Preparing reports which includes gathering information analyze data from system presenting the information into the required format and submitting the reports by their due date

Preparing user friendly reporting templates to enable users to maintain data on a recurring basis

Issues Management

Managing Compliance related issues which includes coordinating with stakeholders on issue status and ensuring timely closure

Administrating issue management system updating issue records creating and closing the issues in the system

Preparing reports and providing status updates on existing issues

Managing Branch-wide Training

Assigning target audience for Core Compliance and Financial Crimes trainings

Analyzing overdue status and ensuring all assigned trainings are completed within their time frame

Preparing training completion reports

Administering training related issues such as issues faced by employees in accessing their profiles ensuring all applicable employees are receiving their trainings managing training exemptions in order to meet regulatory and bank wide training requirement

Regulatory Compliance Management - RCM (Resolver)

Administering RCM system Resolver adding new users to the system providing appropriate access and communicating Resolver notifications to appropriate users such as filer attester etc.

Accessing reports to verify the attestation status to ensure all attestation are completed by their due date following up with users whose attestations remain overdue

Performing attestation for Core Compliance related activities and regulatory requirements

Managing Compliance Committee Presentation and Report

Providing statistical data for Compliance Committee presentation and CCO reports

Communicating with stakeholders to analyze the information provided and its reasons thereof

Management of Privacy Risk

Performing privacy impact assessments for third parties and external counterparts

Analyzing different aspects of privacy risk in an engagement and determining controls to mitigate those risks

Staying up to date with privacy related laws and regulatory requirements to ensure regulatory compliance at all times

Risk Assessments Review Monitoring and Testing

Performing risk assessments for Compliance related activities

Preparing and updating working papers for the business to assist them perform their self-assessment

Monitoring and testing business activities as determined to be in scope compile results and prepare summary of testing to identify issues and potential risks

Managing Compliance plan and complete all related and in scope testing by the due date

Reviewing third party risk assessments for potential inherent risks present in third party engagements determine controls and ensure controls are operating effectively to reduce the risk to an acceptable level

Coordinating with Regulators Audit and testing teams and respond to their queries requests for information and provide evidences to support their inspection audit etc.

FATCA and CRS Reporting

Preparing a listing of all reportable accounts based on the regulatory criteria and the information collected for the customers

Performing reconciliation of new and existing clients to ensure complete documentation are maintained by the business for all customers

Preparing reports of FATCA and CRS reportable accounts for submission to Accounting in order for them to submit the report to the Regulator

Procedural Development and Update

Developing new policy / procedure documents as required and deemed necessary to formalize and document activities

Updating procedures by their review date and make necessary amendments to align the documents with the current business and regulatory environment

Keeping up to date with all effective policies procedures and standards to ensure compliance with Organizations requirements at all times

Laws and Regulations

Staying up to date with all regulatory requirements applicable to Organization to maintain effective culture of Compliance

Provide support on other compliance activities as applicable including

Quality Assurance and compliance monitoring processes and activities

Vendor risk management

Risk related to Code of Conduct / Conflict of Interest and managing materially non-public information

Qualifications :

Strong computer skills including proficiency in MS Office products such as Word PowerPoint Visio

High level proficiency in Excel; Excellent communication and presentation skills with ability to interact effectively with others across the organization including Senior Management; Strong analytical logical reasoning and problem solving skills

High level skills in managing and analyzing data and be able to extract valuable information from raw data.

Manage projects set priorities and work under pressure with tight deadlines

Ability to read interpret and understand laws and regulations

Ability to work in a fast-paced environment and embrace new technologies and systems.

Completion of a Bachelor degree Chartered Accountancy designation (CPA / ACCA / CA) or equivalent in the field of Business Administration Financial Management Accounting or Legal.

The job description and related application pertains to an opportunity with either MUFG Bank Ltd. Canada Branch (MUFG Bank Canada) or MUFG Securities (Canada) Ltd. (MUFG Securities Canada). The job description relates to the general nature scope quantity and quality of work contemplated for the position. Other duties and responsibilities not specifically described may be assigned from time to time consistent with knowledge skills and abilities of the incumbent. The receipt of an application by either MUFG Bank Canada or MUFG Securities Canada as applicable does not imply or guarantee employment.

Each of MUFG Bank Canada and MUFG Securities Canada is an equal opportunity employer.

As a federally regulated entity MUFG Bank Canada is required to comply with applicable laws which prohibit discrimination based on protected grounds and which require accommodation to individuals in accordance with the requirements outlined in the Canadian Human Rights Act and the Canada Labour Code. Where MUFG Bank Canada obtains information relating to protected grounds under the Canadian Human Rights Act as part of the application process it does so to monitor and otherwise evaluate its own compliance with such legislation and associated regulatory requirements; MUFG Bank Canada does not use such information for decision making purposes relating to the position contemplated in this application.

As a provincially regulated entity MUFG Securities Canada is required to comply with applicable laws which prohibit discrimination based on protected grounds and which require accommodation to individuals in accordance with the requirements outlined in the Human Rights Code (Ontario) and the Employment Standards Act (Ontario). Where MUFG Securities Canada obtains information relating to protected grounds under the Human Rights Code (Ontario) as part of the application process it does so to monitor and otherwise evaluate its own compliance with such legislation and associated regulatory requirements; MUFG Securities Canada does not use such information for decision making purposes relating to the position contemplated in this application.

Required Experience :

Chief

Key Skills

Presentation Skills,Risk Management,Financial Services,IFRS,Banking,Pricing,Analysis Skills,Securities Law,Investment Banking,Relationship Management,Strategic Planning,Leadership Experience

Employment Type : Full-Time

Experience : years

Vacancy : 1