VP, Corporate Compliance Advisory

SMBC Group; Toronto; On-site; CAD 130,000 - 180,000; Full time

Job summary

A leading financial services group is seeking a Vice-President for Corporate Compliance Advisory. This role involves managing compliance operations, leading risk management programs, and providing regulatory advice. The ideal candidate will possess a law degree and significant compliance experience in financial services. Strong leadership and communication skills are essential for liaising with stakeholders and ensuring adherence to regulations.

Qualifications

• At least 3 years of compliance experience in financial services required.
• Experience in law firms or consulting with governance, risk, and compliance focus preferred.

Responsibilities

• Managing Corporate Compliance operations and annual plans.
• Leading CRM Program execution and compliance projects.
• Providing advisory support on regulations and policies.

Skills

Leadership

Problem Solving

Communication

Education

Law degree (LLB or JD)

Job description

Reporting to the Director, Regulatory Governance, the Vice-President, Corporate Compliance Advisory (VP) works closely with the Corporate Compliance team to manage and execute the Canada Branch Compliance Risk Management (CRM) Program and supports other compliance activities.

The VP is responsible for managing Corporate Compliance operations, including developing annual plans, project management, and change management.

The role involves activities such as compliance inventory management, risk assessment, program reporting, policy and procedures management, issues management, and training.

The VP acts as a regulatory specialist and compliance advisor on Canadian regulations like the Bank Act, OSFI Guidelines, and Privacy Act, monitoring regulatory developments and analyzing legal topics to support compliance and risk management strategies.

Key Responsibilities include:

1. Corporate Compliance Operations: Managing the annual plan, regulatory filings, registrations, and compliance committee activities.
2. Leading CRM Program Execution: Monitoring regulatory changes, maintaining controls libraries, conducting risk assessments, managing issues, and planning testing activities.
3. Leading Compliance Projects: Designing and executing projects to remediate issues, enhance the CRM Program, and respond to regulatory changes.
4. Providing Advisory Support: Offering expertise on regulations and policies, supporting new products and initiatives.
5. Policy & Procedures Management: Overseeing policy management and liaising with central teams.
6. Data Governance: Managing compliance data inventory and supporting data governance activities.

Interpersonal Role Objectives:

The VP liaises with internal stakeholders like senior management and employees, and external stakeholders including regulators, counsel, and consultants.

Qualifications and Skills:

• Law degree (LLB or JD), licensed to practice in Ontario (preferred).
• At least 3 years of compliance experience in financial services (required).
• Experience in law firms, in-house counsel, or consulting with governance, risk, and compliance focus (preferred).
• Knowledge of international financial institutions and foreign bank branch operations (asset).
• Strong organizational, leadership, problem-solving, relationship-building, and communication skills.

SMBC offers accommodations for employees with disabilities and is an equal opportunity employer.