Regulatory and Compliance Analyst - Contract

GFT Group; Toronto; Hybrid; CAD 70,000 - 90,000; Full time

Job summary

A leading digital bank in Canada is looking for a Regulatory and Compliance Analyst to support compliance efforts and ensure adherence to Canadian financial regulations. This hybrid role requires strong analytical skills and a solid understanding of regulatory frameworks. The successful candidate will work closely with compliance teams to design controls and assess the impact of new banking products. This position offers a contract for an initial 6 months.

Qualifications

• Minimum of 3 years of experience in a financial services environment.
• Solid understanding of regulatory requirements and legislation.

Responsibilities

• Maintain knowledge of Canadian financial regulatory frameworks.
• Support regulatory compliance efforts in KYC/AML and transaction monitoring.
• Collaborate with compliance and legal teams on regulatory impact.

Skills

Analytical

Problem-Solving

Communication

Education

Bachelor’s degree or higher in Business, Finance, or Law

Tools

Microsoft Office Suite

Job description

Contract Opportunity Available - No Visa Sponsorship options for this role

Regulatory and Compliance Analyst

GFT is shaping the future of digital business. We are recognized as transformation leaders with a passion for technology and innovation. We provide sustainable solutions through IT engineering and technology consulting. We are over 12,000 solution-oriented technology professionals across 20 countries. In Canada, we have offices in Toronto, Quebec & Montreal.

We are seeking a highly skilled Regulatory and Compliance Analyst to join our client, a leading direct and digital bank in Canada. This is a hybrid work role, requiring 2-3 days of work from the client office in Downtown Toronto. The contract length is initially 6 months.

Key Responsibilities

1. Maintain strong working knowledge of Canadian financial regulatory frameworks, including OSFI, FINTRAC, FCAC, and PIPEDA requirements.
2. Support regulatory compliance efforts in areas such as KYC/AML, transaction monitoring, customer due diligence, and sanctions screening.
3. Design and implement controls and processes to ensure compliance with OSFI B-10, B-20, and other risk management guidelines.
4. Lead initiatives related to Privacy Act and Consumer Protection Frameworks as outlined by FCAC.
5. Collaborate with compliance and legal teams to assess the regulatory impact of new digital banking products, ensuring regulatory readiness.
6. Assist with audits, regulatory reporting, and gap assessments in line with Canadian compliance standards and enterprise risk frameworks.
7. Ensure ongoing compliance in digital onboarding, eKYC, open banking, and third-party data sharing in accordance with Canadian federal and provincial regulations.

Required Qualifications & Experience

1. Bachelor’s degree or higher, preferably in Business, Finance, or Law.
2. Minimum of 3 years of experience in a financial services environment with exposure to Canadian regulatory compliance.
3. Solid understanding of regulatory requirements and legislation, including OSFI and FCAC guidelines, with the ability to interpret and operationalize them.
4. Knowledge of banking compliance policies and procedures.
5. Ability to prioritize, manage workload, handle multiple tasks, and meet deadlines.
6. Ability to work independently and collaboratively within a team.
7. Strong critical thinking, analytical, problem-solving, and continuous improvement skills.
8. Meticulous attention to detail, excellent organizational and prioritization skills.
9. Proficient in Microsoft Office Suite and quick to learn new programs.
10. Excellent written and verbal communication skills.
11. Flexible and adaptable to changing priorities, with the ability to handle confidential information.
12. Professional attitude with high ethical standards and confidentiality.