Senior Compliance Officer – Financial Services

Summit Search Group; Mississauga; Hybrid; CAD 80,000 - 100,000; Full time

Job summary

A financial institution in Mississauga is seeking a Senior Compliance Officer to ensure adherence to laws and internal policies. This hybrid role requires 3-5 years of compliance experience within financial services and strong analytical skills. Responsibilities include updating compliance policies and supporting organizational transformations. The ideal candidate possesses strong communication skills and a comprehensive understanding of Canadian regulatory frameworks.

Qualifications

• 3-5 years of experience in a compliance role within a financial services environment.
• Experience supporting compliance through organizational transformation.
• Strong understanding of Canadian regulatory frameworks.

Responsibilities

• Review and update compliance policies to maintain best practices.
• Identify compliance risks and provide recommendations to management.
• Support compliance during organizational transformations.

Skills

Exceptional analytical skills

Strong written and verbal communication skills

Strong critical thinker

Well-organized and detail-oriented

Strong analytical skills

Desire to work in a team environment

Industry awareness

Numerical skills

Planning and organizational skills

Communication and presentation skills

Education

3-5 years of experience in compliance role

Registered in the Canadian Investment Funds Course

Job description

About our Client

Our client is a financial institution. Currently based in Mississauga, ON. The role will relocate to Downtown Toronto in approximately Q2 2026. This is a hybrid position with in-office on Tuesdays and Wednesdays.

Position Scope

The Senior Compliance Officer will be responsible for ensuring compliance with applicable laws, regulations, and internal policies across the organization. They will play a critical role in maintaining the company’s integrity and reputation while working closely with business leaders to ensure compliance in all aspects of our client’s operations. Experience navigating organizational transformation is a significant asset.

Responsibilities

• Review and update compliance policies, procedures, and controls to mitigate risk and maintain the company’s commitment to best practices.
• Identify, assess, and manage compliance risks within operational processes and provide recommendations to senior management on risk mitigation strategies.
• Support and provide compliance insights during organizational transformation initiatives, ensuring that new processes or business models remain compliant.
• Provide regular compliance reports to senior leadership, highlighting key risks and areas of concern.
• Continually assess current processes and recommend appropriate enhancements to improve or adapt to changing business or regulatory requirements.
• Respond to assigned customer complaints.
• Review of proposed marketing initiatives for adherence to regulatory and Compliance policies.
• Act collaboratively with other business units to render a compliance service that supports the development of good quality business practices, and which protects and enhances the company’s brand.
• Perform ad-hoc and planned topic targeted reviewed to monitor and test adherence to regulatory requirements.
• Assist in administration of the organization’s AML program.
• Work collaboratively with all Compliance Services peers and assist in the execution of their mandates where needed.

Required Skills and Knowledge

• Exceptional analytical skills with a strong attention to detail and ability to identify potential compliance risks
• Strong written and verbal communication skills, with the ability to clearly explain complex regulatory requirements to non-compliance staff and senior management
• Strong critical thinker with the ability to solve compliance-related challenges in a fast-paced, evolving environment
• Well-organized and detail-oriented, with the solid record-keeping skills needed to work with internal systems and processes
• Strong analytical skills and an eye for detail
• A desire to work in a team environment, in multiple capacities
• Industry awareness
• Numerical skills
• Planning and organizational skills
• Ability to understand broader business issues
• Communication and presentation skills

Education and Experience

• 3-5 years of experience in a compliance role within a Fintech, banking, or financial services environment, with a strong understanding of Canadian regulatory frameworks (National Policy, FINTRAC, AML, PIPEDA)
• Demonstrated experience supporting compliance through organizational transformation, including the integration of new systems, processes, or business models
• Successfully completed or are registered in the Canadian Investment Funds Course
• Three years’ experience of investigating and formally responding to customer complaints

Summit Search Group is a fair and equitable search firm. We welcome and encourage applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the recruitment and selection process.