Compliance Independent Testing Examiner

US Tech Solutions; Montreal; On-site; CAD 70,000 - 90,000; Full time

Job summary

A global staff augmentation firm in Montreal is seeking a skilled Compliance Independent Testing Examiner. This role involves executing independent testing and ensuring compliance with regulations. The ideal candidate has 3-5 years of experience in a financial services environment and holds a BA or BS degree. Proficiency in MS Excel, critical thinking skills, and the ability to read and speak French or Spanish are required. Join a dynamic team and contribute to a culture of compliance.

Qualifications

• 3-5 years experience in Compliance Monitoring or Internal Audit.
• Knowledge of capital markets and regulatory requirements.
• Speaks and reads French or Spanish.

Responsibilities

• Execute independent testing on compliance processes.
• Conduct compliance testing under the direction of CIT Managers.
• Draft and validate issues and recommendations.

Skills

Problem solving

Critical thinking

Investigative skills

Ability to work under deadlines

Team player

Flexibility to adapt

Education

BA or BS Degree

Tools

MS Excel

MS Word

PowerPoint

Power BI

Job description

Overview

Job Title: Compliance Independent Testing Examiner

Contract: 12 Months

Location: Montreal, Canada, H3A 2A6, Quebec

Responsibilities

Independent Testing Execution:

• Execute independent testing on the first and second lines of defense as defined per internal control procedures and regulations
• Independently and accurately perform assigned reviews and monitoring tasks under the supervision of a Manager within CIT in order to assess compliance with legal, regulatory and internal firm policy requirements.
• Conduct compliance testing of regulatory requirements, processes, policies, procedures, and controls under the direction of CIT Managers in order to assess and review compliance with legal, regulatory and internal firm policy and procedure requirements.
• Execute, formalize and report on assigned tasks and direct controls within CIT responsibility.
• Escalate weaknesses identified to CIT Managers for discussion and further investigation if deemed necessary.
• Draft and validate issues and recommendations addressing the root cause of the issues with stakeholders.
• Ensure that all findings and recommendations are entered into the appropriate tool for tracking purposes, perform periodic follow-up with stakeholders of open issues and review/validate submitted closure evidence to ensure proper resolution.
• Enhance, deliver, and support the annual CIT Plan, ensuring coverage for existing Firm standards, new regulations, changes to existing regulations, and any audit or exam findings.
• Achieve objectives within strict time constraints.

Contribution to the CIT team:

• In the spirit of continuous improvement, assist with the identification of potential enhancements to the CIT process, tools, reporting and analytics and provide suggestions on how to improve, add to, or streamline current practices in the firm.
• Assist the team manager with tasks which may include assisting in testing reviews, preparing materials, organizing meetings, and taking minutes.
• Respond timely to internal or external requests for information and analysis.
• Assist with related Compliance monitoring activities as needed.
• Promote a compliance culture within the firm which supposes also to update knowledge on a regular basis.

Minimum Required Qualifications

• Minimum 3 to 5 years’ experience working for a financial services firm and/or self-regulatory organization in a Compliance Monitoring/Testing, Internal Audit or regulatory related position.
• Working knowledge of capital markets and investment banking activities and regulatory requirements governing those activities.
• Problem solving, critical thinking, investigative and root cause identification skills.
• Advanced computer skills including MS Excel (including macros), Word, and PowerPoint; Power BI is a plus.
• Skills with the ability to work successfully under demanding deadlines.
• Team player with ability to work collaboratively across Compliance.
• High ethical standards.
• Flexibility to adapt to a new and changing environment.
• BA or BS Degree a must.
• Speaks and reads French or Spanish.

Preferred Qualifications

• Working knowledge of regulations governing capital markets and banking, with a key focus on U.S. banking regulations, securities, commodities and Federal Reserve Bank Supervisory Letter SR 08-08 and the current regulatory environment.
• Ability to apply knowledge of rules and regulations to numerous types of trading activities and operational arrangements in addition to interpreting the effect of new regulations on these activities.
• Securities licenses a plus (e.g., Series 3, 4, 7, 9/10, 24)

About US Tech Solutions

US Tech Solutions is a global staff augmentation firm providing a wide range of talent on-demand and total workforce solutions. To know more about US Tech Solutions, please visit www.ustechsolutions.com.

US Tech Solutions is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.