Compliance Manager

Akkodis; Toronto; On-site; CAD 120,000 - 160,000; Full time

Job summary

A financial services firm in Toronto is looking for a Senior Country Compliance & Operational Risk Manager on a contract basis. This mid-senior level role involves leading compliance within the firm’s Markets businesses, ensuring timely risk mitigation, managing regulatory inquiries, and developing training plans. Candidates must have over 10 years of compliance experience, strong knowledge of Canadian regulations, and excellent communication skills. This position offers an opportunity to play a pivotal role in managing operational risk activities.

Qualifications

• Minimum 10 years of compliance experience within an investment dealer.
• Strong knowledge of CIRO rules, National Instruments, and UMIR.
• Proven ability to manage compliance programs and lead teams.

Responsibilities

• Lead country-level C&OR risk assessments.
• Produce country-level C&OR reporting.
• Ensure timely remediation of internal audit and regulatory issues.
• Evaluate internal audit findings and advise on remediation.
• Monitor regulatory changes and advise stakeholders.

Skills

Compliance experience

Knowledge of Canadian regulatory landscape

Analytical capabilities

Team management

Communication skills

Education

Bachelor’s degree or equivalent experience

Job description

Senior Country Compliance & Operational Risk Manager (Contract)

Location: Toronto, Canada

Department: Compliance & Operational Risk (C&OR)

Reports to: Chief Compliance Officer, Canada

Overview

The Compliance & Operational Risk (C&OR) Department is seeking a highly driven and experienced professional to join its Canada team in Toronto. This role provides coverage across the firm’s full-service Markets businesses—including Fixed Income, Equity Sales & Trading, Futures, and Derivatives—and plays a key leadership role in managing compliance and operational risk activities at the country level.

Position Summary

The Senior Country Compliance & Operational Risk Manager is accountable for the effective identification, escalation, and timely mitigation of compliance and operational risks within Canada. This includes ensuring alignment with the Global Compliance Enterprise Policy, the Operational Risk Enterprise Policy (together, the “Policies”), and the firm’s Compliance & Operational Risk Management (CORM) Program and Standard Operating Procedures (SOPs). The role oversees the management of regulatory inquiries and examinations, provides senior‑level escalation of key risk issues, and ensures high‑quality execution of C&OR activities across teams through strong oversight and review practices.

Key Responsibilities

• Lead country-level C&OR risk assessments and contribute to broader regional assessments, incorporating external loss event reviews to evaluate control effectiveness.
• Produce country-level C&OR reporting, identifying, aggregating, and escalating key compliance and operational risks.
• Identify, validate, and document internal loss events and near misses; perform root‑cause analyses and develop remediation plans.
• Review and document relevant external loss events to inform risk assessments.
• Ensure timely and appropriate remediation of Internal Audit, regulatory, and self‑identified issues owned by Compliance & Operational Risk.
• Oversee responses to regulatory inquiries and exams, ensuring consistent and effective management by relevant C&OR officers.
• Evaluate internal audit findings, regulatory issues, and monitoring & testing (M&T) results; advise on required remediation in the country.
• Contribute to the development of C&OR monitoring & testing plans.
• Develop and maintain local C&OR training plans.
• Execute governance routines and participate in management committees as required.
• Monitor regulatory changes at both local and regional levels; advise stakeholders on impacts and direct updates to relevant policies, procedures, and processes.
• Lead or support C&OR‑related projects and other responsibilities as assigned.

Qualifications

• Minimum 10 years of compliance experience within a full‑service investment dealer.
• Strong knowledge of the Canadian regulatory landscape, including CIRO rules, National Instruments, and UMIR.
• Bachelor’s degree or equivalent experience.
• Proven ability to manage compliance programs and lead teams, with 2–5 years of supervisory experience.
• Experience with listed and OTC securities and derivatives trading and/or operations.
• Experience within a foreign bank branch environment is an asset.
• Highly self‑motivated, collaborative, and professional.
• Exceptional written and verbal communication skills, with strong analytical capabilities.
• Experience drafting compliance policies, procedures, and guidance documents.

Seniority level

Mid‑Senior level

Employment type

Contract

Job function

Information Technology

Industries

Banking