Compliance Officer

Canada Development Investment Corporation (CDEV); Toronto; Hybrid; CAD 90,000 - 130,000; Full time

Job summary

Canada Development Investment Corporation (CDEV) is seeking a practical, detail-oriented Compliance Officer to join its Legal function in Toronto, with a hybrid work option.

You will support the development, implementation, and ongoing management of CDEV’s compliance program, helping ensure adherence to laws, policies, and contractual obligations.

The role requires 5+ years in compliance, strong communication and analytical skills, and the ability to partner with Legal and business teams.

Qualifications

• 5+ years in compliance, legal operations, risk, internal audit, regulatory affairs, or related field.
• Knowledge of Crown Corporations or public sector is a plus.
• Experience working with in-house Legal teams preferred.
• Strong understanding of compliance program fundamentals and remediation.
• Ability to translate regulatory requirements into practical processes.

Responsibilities

• Develop and manage the compliance framework, policies, procedures, and controls.
• Monitor compliance with internal policies, regulatory requirements, and contracts.
• Conduct risk assessments, reviews, and control testing with remediation actions.
• Support governance, reporting, dashboards, and senior leadership materials.
• Provide training and guidance to employees to foster a compliance culture.
• Coordinate with Legal and business teams to embed compliance in operations.

Skills

Compliance

Risk assessment

Policy development

Regulatory knowledge

Internal audit

Legal operations

Governance

Education

Undergraduate degree in law, business, finance, accounting, risk management, or related field

Job description

CDEV advances economic prosperity for Canada by delivering financial and commercial expertise to the Government of Canada. A self-sustaining Crown corporation since 1982, and reporting to Parliament through the Minister of Finance CDEV is the federal government’s trusted advisor and active asset manager of more than $75 billion in strategic assets. Operating at arm’s length and at the speed of business, CDEV is regularly called upon to advise on and execute critical financial transactions, support priority policy objectives, and maximize the value of corporate assets in Canada’s best interest. In periods of economic pressure, CDEV brings the agility and rapid responsiveness required for government to act quickly and effectively.

Headquartered in Toronto, with an office in Ottawa and governed by an independent board of directors, CDEV has four pillars of expertise:

• Asset Management
• Financial and Commercial Advice
• Monetization and Divestments

Drawing on deep private and public sector experience, CDEV is responsible for the active management of over $75 billion of assets and programs through its eight subsidiaries, forming the CDEV Group of Companies. Its high-profile roles in recent years include the purchase and ongoing management of the Trans Mountain pipeline, the establishment of the $15-billion Canada Growth Fund, the establishment and management of the $10-billion Large Employer Tariff Loan (LETL) facility and the $10-billion federal Indigenous Loan Guarantee Program, and the $2.14-billion financing agreement with Telesat to support Canada’s largest ever space program.

Position Overview.

CDEV is seeking a practical, detail-oriented Compliance Officer to join its Legal function, reporting to the Executive Vice President, General Counsel. The Compliance Officer will be responsible for supporting the development, implementation, and ongoing management of CDEV’s compliance program, including serving as Compliance Officer for several CDEV subsidiaries, and helping ensure the organization operates in accordance with applicable laws, regulations, internal policies, contractual obligations, and industry standards.

The successful candidate will work closely with Legal and cross-functional business teams to identify compliance risks, translate regulatory requirements into practical business processes, and build a strong culture of accountability and compliance across CDEV.

The selected candidate will be based in Toronto, currently with a hybrid work option

Responsibilities

Compliance Program Management

• Support the design, implementation, and continuous improvement of CDEV’s compliance framework, policies, procedures, and internal controls.
• Maintain an up-to-date inventory of applicable compliance obligations and help ensure appropriate controls and processes are in place.
• Monitor compliance with internal policies, regulatory requirements, contractual commitments, and established company standards.
• Conduct periodic compliance reviews, risk assessments, and control testing, and recommend corrective actions where required.
• Track identified compliance issues and remediation plans through to completion.

Regulatory & Legal Compliance

• Work closely with the Executive Vice President, General Counsel and Legal team to monitor relevant legislative, regulatory, and industry developments and assess their impact on CDEV.
• Assist in interpreting new or changing compliance requirements and translating them into actionable business requirements.
• Support regulatory filings, certifications, reporting, audits, examinations, and information requests, where applicable.
• Maintain appropriate documentation and records to demonstrate CDEV’s compliance activities.
• Draft, review, and maintain policies, standards, procedures, and guidance and support policy implementation.
• Partner with business owners to establish effective controls and ensure compliance requirements are embedded into operational processes.
• Support governance processes, including preparation of compliance reports, dashboards, risk summaries, and materials for senior management or relevant committees.
• Help establish clear ownership and accountability for compliance obligations throughout the organization.

Monitoring, Investigations & Issue Management

• Develop and conduct risk-based compliance monitoring and testing.
• Review potential compliance incidents, complaints, or policy violations and coordinate with relevant internal stakeholders as appropriate.
• Support internal and external audits, investigations and examinations.
• Document findings, identify root causes, and recommend corrective and preventative measures.

Training & Compliance Culture

• Develop and deliver compliance training and awareness initiatives for employees.
• Provide practical guidance to employees and business teams on compliance policies and requirements.
• Help foster a culture in which employees understand their compliance responsibilities and feel comfortable escalating potential concerns.

Required Skills and Qualifications

• Undergraduate degree in law, business, finance, accounting, risk management, or a related field.
• 5+ years of relevant experience in compliance, legal operations, risk, internal audit, regulatory affairs, or a related discipline.
• Knowledge of Crown Corporations or public sector would be considered an asset.
• Experience working within or closely alongside an in-house Legal team is strongly preferred.
• Strong understanding of compliance program fundamentals, including risk assessment, policies and procedures, monitoring, controls, investigations, training, and remediation.
• Ability to interpret legal and regulatory requirements and translate them into clear, practical business processes.
• Certification in compliance (CCEP-I, CRMA, ICD.D) would be considered an asset.
• Strong analytical, investigative, and problem-solving skills.
• Excellent written and verbal communication skills, with the ability to communicate effectively with both legal and non-legal stakeholders.
• Strong organizational skills and attention to detail, with the ability to manage multiple priorities and deadlines.
• High degree of integrity, sound judgment, discretion, and professionalism when handling confidential or sensitive matters.
• Experience developing or scaling compliance programs in a growing or evolving organization would be considered an asset.

CDEV’s employee value proposition is centered on building, developing and retaining a high-performing and commercially minded team. As a result of these efforts, CDEV earned the Great Place To Work® in 2025.

We welcome applicants of all backgrounds, and we will work with you if you require accessibility accommodation at any point during the recruitment process, pending that you let us know of your needs in advance. Note that only qualified candidates selected for an interview will be contacted.