Senior Compliance Advisor

Canada Life; Toronto; On-site; CAD 63,500 - 117,400; Full time

Job summary

A prominent insurance and financial services firm is seeking a Senior Compliance Advisor in Toronto. This role involves ensuring compliance with regulatory requirements and providing strategic guidance to the Individual Wealth business unit. Candidates should have over 5 years of compliance experience in financial services and strong knowledge of regulatory frameworks. The position offers a competitive salary range of $63,500 to $117,400 annually.

Qualifications

• 5+ years of experience in compliance, risk, or legal roles within wealth management or financial services.
• Solid knowledge of the Wealth Management business; knowledge of Canada Life's Individual Wealth business preferred.
• Proven ability to interpret complex regulatory requirements.

Responsibilities

• Support adherence to compliance framework aligned with financial services regulations.
• Monitor and assess regulatory changes impacting wealth management.
• Provide guidance on regulatory obligations including KYC/AML.

Skills

Compliance knowledge

Risk assessment skills

Regulatory framework understanding

Interpersonal skills

Communication skills

Education

Post-secondary education or equivalent experience

Tools

Microsoft Office (Outlook, Excel, Word, PowerPoint)

Compliance management systems

Risk assessment tools

Job description

Overview

Join to apply for the Senior Compliance Advisor role at Canada Life.

Permanent Full Time. The organization is advancing its Business Risk & Controls function and is seeking a Sr Compliance Advisor to join the team supporting the Individual Wealth business unit, including its related mutual fund and securities dealers. The role will help ensure the business unit’s adherence to regulatory requirements and internal policies, and will provide strategic compliance guidance, support risk mitigation, and promote a culture of ethical conduct and regulatory awareness across the organization.

What You Will Do

• Support the business unit in its adherence to the compliance framework aligned with financial services regulations
• Monitor and assess regulatory changes impacting wealth management, and engage stakeholders accordingly in assessing and implementing required changes
• Provide guidance on regulatory obligations including KYC/AML, client disclosures, etc.
• Act as a trusted advisor to front-line teams on compliance matters related to wealth products and services
• Manage and address regulation related queries from the business
• Lead the development, review, and implementation of compliance policies, procedures, and controls
• Monitor the implementation of regulatory change programs (e.g. Privacy, Complaints Handling, etc.) across the business unit
• Regulatory library management
• Conduct compliance risk assessments and mapping of regulatory controls
• Maintain business unit specific compliance metrics and reporting
• Lead or assist in investigations of potential compliance breaches
• Support a proactive compliance culture through engagement, education and collaboration across the business

What You Will Bring

• Post-secondary education or equivalent level of training or experience
• 5+ years of experience in compliance, risk, or legal roles within wealth management or financial services
• Solid knowledge of the Wealth Management business; knowledge of Individual Wealth business at Canada Life preferred
• Strong understanding of regulatory frameworks (e.g. CIRO, FATCA, etc)
• Proven ability to interpret complex regulatory requirements
• Deep knowledge of investment products and advisory services
• Experience with compliance systems and risk management frameworks
• Excellent communication and interpersonal skills, with the ability to collaborate effectively across teams
• Proficiency in Microsoft Office applications (Outlook, Excel, Word, PowerPoint); experience with compliance management systems and risk assessment tools is an asset

Locations available: Montreal, Toronto, London, Winnipeg.

Compensation

The base salary for this position is between $63,500 – $117,400 annually. This represents base salary only and does not include other variable compensation components of total rewards (e.g., annual bonus, etc.). If selected to move forward, the recruiter will discuss additional details of the total rewards program.

Career opportunities will be open for a minimum of 5 business days from the posting date; closing dates vary with recruitment activity. All applications are reviewed on a rolling basis.

Be your best at Canada Life — apply today! Canada Life is committed to an inclusive, accessible environment where all employees and customers feel valued, respected and supported. We strive to reflect the diversity of the communities we serve and to remove barriers to employment, with reasonable accommodations available during the application process. To request accommodation, contact [e-mail].

Canada Life thanks all applicants; however, only those selected for an interview will be contacted.