Control Tester

Apex Systems; Toronto; On-site; CAD 70,000 - 110,000; Full time

Job summary

An established industry player seeks a skilled compliance professional to enhance their regulatory framework. In this mid-senior level role, you will execute testing programs, design monitoring procedures, and communicate compliance issues to various stakeholders. Your expertise in compliance and control testing will be vital in identifying risks and improving testing effectiveness. Join a dynamic team that values analytical skills and offers opportunities for professional growth in a supportive environment. This is a chance to make a significant impact in the compliance landscape of the financial industry.

Qualifications

• 7+ years in compliance, control testing, or audit roles.
• Knowledge of IIROC and OSC regulations.
• Excellent analytical and communication skills.

Responsibilities

• Execute 1LOD testing program and document outcomes.
• Design monitoring and testing procedures.
• Communicate compliance issues to stakeholders.

Skills

Compliance Testing

Data Analysis

Communication Skills

Regulatory Knowledge

Interpersonal Skills

Education

Canadian Securities Course

Tools

MS Excel

MS Word

Portfolio Management Software

Job description

Deliver on components of the 1LOD testing plans in accordance with the Enterprise Compliance Program and Regulatory Compliance Non-Financial Risk Framework.

1. Execute the 1LOD testing program and document results and outcomes as required.
2. Understand the Enterprise Compliance Program and Regulatory Compliance Non-Financial Risk methodology.
3. Design and implement specific monitoring and testing procedures for each applicable area of review, which may include the development of new monitoring and testing scripts.
4. Understand business processes across multiple entities in North America.
5. Understand controls that support regulatory compliance and manage other sources of regulatory compliance non-financial risk.
6. Access and update the enterprise compliance book of record GRCE.
7. Communicate M&T identified issues to the businesses, 1LOD Compliance Advisory, 2LOD Compliance, and 2LOD Risk.
8. Raise compliance and control-related awareness with the businesses and provide appropriate advice and guidance to mitigate exposures and risk. For issues identified, provide root cause analysis and recommendations to management.
9. Identify opportunities to improve the effectiveness of testing.
10. Act as a liaison and compliance support to various internal business partners.
11. Prepare reports and related test results dashboard for various stakeholders, including management.

Qualifications:

1. 7+ years’ experience in a compliance, control testing, or audit role ideally in a dealer and/or portfolio management environment.
2. Knowledge and understanding of IIROC rules and regulations applicable to dealer representatives and OSC rules applicable to portfolio managers and investment fund managers.
3. Excellent data analysis skills, organizational, analytical, and communication skills.
4. Successful completion of the Canadian Securities Course is preferred.
5. Working knowledge of information technology tools required, including MS Excel, MS Word, and portfolio management or investment industry software.
6. Ability to demonstrate effective use of judgment, interpretation, knowledge, and skill in the application of regulations and compliance requirements.
7. Ability to independently deliver on complex assignments with competing deadlines.
8. Excellent interpersonal skills and strong written and verbal business communication skills.
9. Familiarity with regulatory requirements (e.g., OSC, IIROC, SEC, OCC, etc.).
10. Familiarity with Investment Funds (key regulations include NI 81-102, 81-107, etc.).
11. Experience in the planning and execution of testing (e.g., Audit, OSFI E-13, etc.).
12. Understanding of risk and controls.

Seniority level

• Mid-Senior level

Employment type

• Contract

Job function

• Consulting and Accounting/Auditing

Industries

• IT Services and IT Consulting and Banking