Compliance tester

HireTalent - Staffing & Recruiting Firm; Brampton; Hybrid; CAD 60,000 - 80,000; Full time

Job summary

A financial services staffing firm is seeking a Compliance Tester with 3-5 years of experience in compliance monitoring for a contract role. Responsibilities include conducting compliance testing and reporting findings to management. The ideal candidate will possess strong analytical skills, advanced Excel proficiency, and be fluent in French or Spanish. This is a hybrid position requiring onsite work three days a week.

Qualifications

• Minimum 3 to 5 years’ experience in Compliance Monitoring/Testing.
• Working knowledge of capital markets and regulatory requirements.
• Speaks and reads French or Spanish.

Responsibilities

• Execute independent testing and assess compliance.
• Conduct compliance testing of regulatory requirements.
• Ensure findings and recommendations are tracked and resolved.

Skills

Compliance Monitoring

Regulatory Analysis

Analytical Skills

MS Excel

Project Management

Team Collaboration

Interpersonal Communication

Education

BA or BS Degree

Tools

Power BI

MS Word

MS PowerPoint

Job description

Overview

Compliance Tester – Hybrid 3 days onsite

• Contract 12 months+

Base pay range: CA$45.00 / hr - CA$50.00 / hr

Location: Pointe-Claire, Quebec, Canada; Dorval, Quebec, Canada; Greater Montreal Metropolitan Area

Responsibilities

• 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 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 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

Minimum Required Qualifications

• The desired skills for this position include:
• 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
• Strong analytical, organizational abilities, project management skills and attention to detail
• 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
• Excellent execution skills with the ability to work successfully under demanding deadlines
• Team player with ability to work collaboratively across Compliance
• Excellent interpersonal and communication skills with the ability to interact effectively with front and back office staff, senior management, and the Americas regions
• 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 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

Seniority level

• Mid-Senior level

Employment type

• Contract

Job function

• Accounting / Auditing and Finance

Industries

• Investment Banking