Senior Advisor, Regulatory Compliance Management - Governance

Laurentian Bank; Toronto; On-site; CAD 100,000 - 125,000; Full time

Job summary

A Canadian financial institution is seeking a Governance Officer to oversee the RCM Program. You will ensure compliance with regulatory standards and manage governance documents while collaborating with various stakeholders. The ideal candidate will have a university degree and five years of relevant experience within the banking sector. This position offers a hybrid work model and competitive compensation.

Benefits

Comprehensive compensation package

Hybrid work model

Employee stock purchase plan

Paid vacation and flexible leave options

Health and wellness support

Qualifications

• Minimum five years of relevant experience in Compliance or Risk Management.
• Ability to produce clear, concise and accurate written reports.
• Excellent knowledge of compliance reporting tools.

Responsibilities

• Provide governance support to RCM team and oversee governance documents.
• Serve as Secretary for the RCM Governance Committee.
• Maintain regulator correspondence and reporting.

Skills

Strong written and verbal communication

Regulatory change management

Collaborative leadership

Proactive initiative

Critical and strategic thinking

Education

University degree in a relevant field

Tools

Microsoft Office suite

Compliance management systems (Resolver preferred)

Job description

Overview

Seeing beyond numbers

Laurentian Bank believes we can change banking for the better. Founded in Montreal in 1846, Laurentian Bank helps families, businesses and communities thrive. We have over 3,000 employees working together to provide a broad range of financial services and advice-based solutions for customers across Canada and the United States. We drive results by placing our customers first, making the better choice, acting courageously, and believing everyone belongs.

This role sits within Laurentian Bank. This role is located in Montreal or Toronto (Hybrid work model).

Reports to the AVP, RCM Program, collaborating with RCM Team colleagues, risk, legal, business units and senior management teams.

This role is responsible for providing governance support to the RCM team. The role includes oversight of RCM Program policies, standards, procedures, etc., including drafting, updating, circulating for review and approval. It also supports regulatory liaison activities including tracking and maintaining regulator correspondence and reporting, acting as secretary for the RCM Governance Committee, and designing and managing the RCM Team SharePoint site. The incumbent provides day-to-day support to the RCM team to ensure the Bank complies with all applicable laws, regulations and internal requirements.

Responsibilities

• Oversight over RCM Program governance documents (policies, standards, etc); this includes tracking revision cycles, version control, review and approvals, translation and communication to stakeholders ensuring proper management and retention
• Liaise with stakeholders (RCM Team, RCMOs, etc.) across sectors for governance document reviews: gathering feedback and comments; approval and communication
• Acts as Secretary for the Regulatory Compliance Management Governance Committee
• Facilitates development and approval of agendas, gathering and distribution of documentation related to agendas, and creation of meeting minutes / output
• Act as regulatory liaison regarding regulator correspondence; maintaining required correspondence and reporting on a quarterly basis
• Provide support to members of the Program team as required, including privacy and regulatory change management activities
• Lead and design RCM Program communications (calendars, change management activities, communication plans, etc.)
• Assist and support the design, effective integration and implementation of the Regulatory Compliance Management (RCM) Program for the Bank
• Assist and support the Chief Compliance Officer in the management of regulatory reporting, requests, audits, surveys and enquiries as required
• Ownership of RCM Program team SharePoint sites (design, content oversight, maintenance and access management)
• Participate in various internal compliance and governance forums and working groups as required
• Perform any other task of the same nature or of a general nature requested or required in the context of their duties
• Maintain an understanding of compliance program framework and regulatory expectations

Qualifications

• University degree in a relevant field, combined with a minimum five years of relevant experience in Compliance or Risk Management within the banking industry
• Strong written and verbal communication skills including the ability to produce clear, concise and accurate written reports
• Experience in regulatory change, oversight, governance, and enterprise-wide risk management
• Collaborative leadership and stakeholder management skills able to work well with others as part of a team of multidisciplinary experts
• Proactive with sense of initiative; able to work independently, with minimal guidance
• Critical and strategic thinker
• Able to work well under pressure and meet set deadlines producing quality deliverables on time
• Knowledge of French is an asset
• Excellent knowledge of Microsoft Office suite including collaboration and communication tools
• Familiarity with compliance management systems (Resolver preferred) and compliance reporting tools

Success Metrics

• RCM Program governance documents up to date and readily available to all stakeholders
• Effective management of RCM Governance Committee; including timely communication to stakeholders of key artifacts
• Successful audit performance through proactive documentation
• Effective use of RCM team SharePoint sites; ensuring materials / content remains current and relevant
• Optimized compliance program execution, ensuring transparency and adherence to program standards
• Effective communication and change management approach ensuring collaboration and buy in from stakeholders

What Laurentian Bank has to offer you

The total compensation offered by Laurentian Bank encompasses a comprehensive range of benefits, highlighting our commitment to the well-being and success of our employees.

Key points of our offering

• The actual annual base salary offered will take into account internal equity, skills, and experience among other factors.
• Total compensation: Earn a comprehensive compensation package that includes annual reviews and performance-based bonuses.
• Work model: We prioritize a hybrid work model based on business needs.
• Stock purchase plan: Become not just an employee, but a Laurentian Bank shareholder. Employer matching takes your investment even further.
• Time off: Paid vacation, floating days and leave options to accommodate diverse needs; paid day off to celebrate your birthday.
• Health and wellness: Access to healthcare professionals, our Employee and Family Assistance Program (EFAP), and a Stress Management and Well-Being Program.
• Group insurance and pension: Competitive insurance program and a defined contribution pension plan.
• Financial benefits: Employee-only offers on a wide range of products and exclusive deals and preferred rates on products and services.

We are committed to creating a fulfilling professional environment where your skills are valued, and your well-being is a priority. Join us for a rewarding career at Laurentian Bank.

Inclusion and Accessibility

Laurentian Bank believes everyone belongs. We are committed to fostering an inclusive work environment reflecting the diversity of our customers and communities, where everyone can thrive. We encourage applications from individuals from equity-deserving groups, including Indigenous persons, racialized and persons with disabilities, marginalized genders and the 2SLGBTQIA+ community.

We strive to offer a flexible and accessible work experience that is inclusive of everyone. If you need an accommodation, please let us know.

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