Senior Analyst, Business Compliance

President's Choice Financial; Toronto; On-site; CAD 80,000 - 110,000; Full time

Job summary

A leading financial services company is seeking a Senior Analyst, Business Compliance to manage their Regulatory Compliance Management System. This key role involves ensuring adherence to laws and regulations, collaborating with business stakeholders, and executing risk assessment programs. The ideal candidate will have a Bachelor's degree and at least 3 years of relevant experience in the financial sector, with strong skills in communication and risk management.

Qualifications

• Minimum of 3 years of relevant experience in financial services, preferably in Regulatory Compliance.
• Ability to communicate clearly and effectively both verbally and in writing.
• Knowledge of eGRC systems and Microsoft Office proficiency.

Responsibilities

• Manage PC Bank’s Regulatory Compliance Management System (RCMS).
• Review new legislation and enhance controls for compliance.
• Train employees on compliance-related matters.

Skills

Communication

Risk Management

Regulatory Compliance

Critical Thinking

Time Management

Education

Bachelor’s degree

Tools

eGRC systems

Microsoft Office

Job description

We are looking for a Senior Analyst, Business Compliance who will manage PC Bank’s Regulatory Compliance Management System (RCMS) in a key risk management role (second line of defense). The Business Compliance Officer will serve as a partner representing the Compliance organization collaborating with various Business stakeholders to ensure compliance with applicable laws and regulations, detect instances of non-compliance, and raise awareness through PC Bank’s oversight program and training.

The role combines knowledge of risk management with an understanding of the financial services related to PC Bank to identify regulatory developments and ensure continuing adherence to requirements.

What You'll Do

• Accountable for implementation and day-to-day management of PC Bank’s Regulatory Compliance Management System (RCMS)
• Maintain PC Bank’s RCMS inventory of all applicable governing legislation and controls within the business designed to ensure compliance with the legislation and / or detect instances of non-compliance
• Review new legislation or changes to legislation including working with the business to implement and enhance controls to ensure adherence to regulatory requirements
• Partake in the day-to-day Business Compliance Officer (BCO) oversight program designed to ensure awareness of governing legislation and identification of issues of non-compliance with governing legislation
• Execute risk assessment program and monitoring and testing program to evaluate the design and operating effectiveness of controls, and monitoring material exposures to regulatory risk
• Accountable for identifying instances of non-compliance and managing remediation of such issues as necessary
• Review business controls to ensure they are sufficient to meet regulatory requirements and identify control improvement opportunities
• Train and advise employees, including Business Compliance Officers, on compliance related matters
• Assist in the reporting of monthly reporting to the Operational Risk Management Committee including any material instances of non-compliance and quarterly reporting to the Conduct Review Committee of the Board on PC Bank’s overall state of compliance with applicable legislative provisions
• Participate in governance meetings for outsourced service providers
• Provide advice and support to Business stakeholders responsible for addressing compliance requirements
• Support ongoing implementation and day-to-day functionality of eGRC System in relation to PC Bank’s RCMS
• Develop and manage relationships with Business stakeholders to execute Bank’s Regulatory Compliance Management framework.

What You Bring :

• Bachelor’s degree with minimum of 3 years of relevant experience in the financial services industry, preferably within Regulatory Compliance, Internal Audit, Risk Management, Oversight or similar function
• Ability to communicate clearly and effectively both verbally and in writing
• Knowledge of and experience with eGRC systems
• Ability to prioritize effectively and think critically in a fast-paced environment
• Strong personal accountability, honesty and integrity
• A friendly, outgoing attitude with the ability to create partnerships with key business stakeholders
• Excellent time management skills and ability to work independently towards deadlines
• Proficiency in Microsoft Office (Excel, Word, PowerPoint, Visio)