Senior Manager, Investment Compliance – Institutional Accounts
Mackenzie Financial Corporation
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Job summary
Mackenzie Investments, a key player in Canadian asset management, seeks a Senior Manager, Investment Compliance for Institutional Accounts. You will interpret client mandates and regulatory requirements, translating them into effective controls and supporting the day-to-day institutional compliance framework.
You will collaborate with Legal, Investments, Institutional Distribution, Operations, Technology, and risk teams to lead guideline oversight, onboarding, rule design in Bloomberg AIM, and
Qualifications
- Six or more years of asset management experience, including recent investment compliance experience supporting institutional accounts or client-specific investment guidelines.
- Advanced knowledge of institutional investment compliance, including the interpretation and monitoring of investment management agreements, investment policy statements, client restrictions and applicable regulatory requirements.
- Strong knowledge of Canadian securities regulation and investment compliance requirements. Familiarity with EMD requirements and cross-border regulatory considerations is an asset.
- Advanced experience with Bloomberg AIM Compliance (CMGR/VMGR), or an equivalent rule-coding and monitoring platform, including complex rule design, testing, implementation and ongoing maintenance.
- Demonstrated ability to translate complex client and regulatory requirements into practical controls, workflows, documentation, monitoring and reporting.
- Experience supporting institutional account onboarding, mandate amendments, guideline implementation, and customized client reporting.
- Strong judgment and the ability to work independently, make sound decisions within established parameters, and recognize when complex or higher-risk matters require escalation.
- Ability to serve as a senior subject-matter expert and build technical knowledge and backup capability across a team without formal people-management responsibility.
- Strong stakeholder-management skills and the ability to work effectively with Legal, Institutional Distribution, Investments, Operations, Technology, and senior business leaders.
- Exceptional written and verbal communication skills, with the ability to explain complex requirements clearly, deliver challenging messages constructively and provide practical, audience-appropriate advice.
- Strong planning and organizational skills, with the ability to manage competing priorities and deliver high-quality outcomes with minimal supervision.
- A commitment to continuous improvement and strengthening compliance controls, processes and stakeholder experience.
- CSC completed or willingness to complete within six months. CIM, CFA and relevant FINRA qualifications are assets.
- Proficiency in Microsoft Word, Excel and PowerPoint.
Responsibilities
- Interpret and translate institutional guidelines and regulatory requirements into monitoring controls.
- Lead onboarding, mandate amendments, and client transitions.
- Design and maintain complex institutional rules in Bloomberg AIM.
- Monitor applicable rules, investigate alerts, and support ongoing rule and data integrity.
- Independently assess and investigate institutional compliance exceptions and coordinate remediation.
- Provide practical compliance reporting to meet client, governance, and regulatory requirements.
- Collaborate with Legal, Investments, Institutional Distribution, Operations, Technology, Risk, and other teams.
- Support applicable regulatory compliance requirements and stakeholder guidance.
Skills
Education
Tools
Job description
Referral Level: Level 1
Mackenzie Investments, founded in 1967, is a key part of IGM's business model, serving as a comprehensive asset-management partner for Canadian financial advisors and their clients.
At Mackenzie Investments, we believe being invested starts with our people. We are proud to be recognized as one of Canada's Top 100 Employers for the fourth consecutive year and one of Canada's Best Diversity Employers. Our vision and strategy aim to innovate the industry and support Canadians in achieving their financial goals.
Join our team to engage in continuous learning and skill development in a supportive environment. Experience the best of both worlds with our hybrid work environment, where you spend three days a week in the office, connecting, collaborating, and enjoying quality time with your amazing colleagues! Our Values: Be better; we strive for improvement in everything we do. Be accountable; we foster clarity and are empowered to act responsibly. Be a team; we are united to drive collective impact to achieve our goals.
We are looking for an experienced investment compliance professional to join our Asset Management Compliance team as Senior Manager, Investment Compliance - Institutional Accounts.
Reporting to the Director, Investment Compliance, this is a senior individual-contributor role with a particular focus on institutional account mandates and client-specific investment guidelines. As a subject-matter expert, you will play a leading role in interpreting complex client and regulatory requirements, translating those requirements into effective compliance controls, and supporting the day-to-day operation of our institutional investment compliance framework.
You will work closely with Institutional Distribution, Investments, Legal, Investment Operations, Technology, and other Compliance teams to support a growing and increasingly complex institutional business.
- Interpret investment management agreements, investment policy statements, client guidelines and applicable regulatory requirements.
- Translate complex requirements into clear, practical and effective monitoring controls.
- Provide senior technical guidance on institutional investment compliance matters.
- Lead Investment Compliance participation in new account onboarding, mandate amendments, and transitions.
- Assess compliance and monitoring implications of new and changing client requirements.
- Coordinate the timely implementation of required controls.
- Design, develop, test, implement, and maintain complex institutional guideline rules in Bloomberg AIM Compliance.
- Apply established rule-development, testing, and independent-review standards.
- Monitor applicable rules, investigate alerts, and support ongoing rule and data integrity.
- Independently assess and investigate institutional compliance exceptions.
- Determine appropriate corrective action within established parameters and coordinate remediation with business partners.
- Support timely and effective escalation and resolution of significant compliance issues.
- Work closely with Institutional Distribution on compliance requirements, monitoring matters, and breaches.
- Provide practical compliance advice to business partners on institutional investment compliance matters.
- Prepare customized and recurring compliance reporting to meet client, governance, and regulatory requirements.
- Support institutional client governance activities and recurring reporting.
- Work closely with Legal on the interpretation and implementation of institutional client agreements and guidelines.
- Partner with Investment Operations on Bloomberg rule testing and implementation.
- Collaborate with Investments, Institutional Distribution, Legal, Operations, Technology, Risk, and other Compliance teams to support institutional business priorities.
- Identify opportunities to enhance controls, processes, documentation and reporting.
- Support applicable regulatory compliance requirements, including regulatory analysis, implementation activities and stakeholder guidance.
- Serve as alternate FINRA supervisor when required.
- Develop procedures, guidance and training, and help build effective backup coverage and institutional investment compliance knowledge across the team.
- Six or more years of asset management experience, including recent investment compliance experience supporting institutional accounts or client-specific investment guidelines.
- Advanced knowledge of institutional investment compliance, including the interpretation and monitoring of investment management agreements, investment policy statements, client restrictions and applicable regulatory requirements.
- Strong knowledge of Canadian securities regulation and investment compliance requirements. Familiarity with EMD requirements and cross-border regulatory considerations is an asset.
- Advanced experience with Bloomberg AIM Compliance (CMGR/VMGR), or an equivalent rule-coding and monitoring platform, including complex rule design, testing, implementation and ongoing maintenance.
- Demonstrated ability to translate complex client and regulatory requirements into practical controls, workflows, documentation, monitoring and reporting.
- Experience supporting institutional account onboarding, mandate amendments, guideline implementation, and customized client reporting.
- Strong judgment and the ability to work independently, make sound decisions within established parameters, and recognize when complex or higher-risk matters require escalation.
- Ability to serve as a senior subject-matter expert and build technical knowledge and backup capability across a team without formal people-management responsibility.
- Strong stakeholder-management skills and the ability to work effectively with Legal, Institutional Distribution, Investments, Operations, Technology, and senior business leaders.
- Exceptional written and verbal communication skills, with the ability to explain complex requirements clearly, deliver challenging messages constructively and provide practical, audience-appropriate advice.
- Strong planning and organizational skills, with the ability to manage competing priorities and deliver high-quality outcomes with minimal supervision.
- A commitment to continuous improvement and strengthening compliance controls, processes and stakeholder experience.
- CSC completed or willingness to complete within six months. CIM, CFA and relevant FINRA qualifications are assets.
- Proficiency in Microsoft Word, Excel and PowerPoint.
You will play an important role in strengthening the effectiveness of institutional investment compliance monitoring, managing complex client mandate requirements, improving controls and processes, and serving as a senior technical resource to business partners and colleagues across the organization.
The expected annual base salary range for this role is$107,500 - $122,000 which is determined based on skills, knowledge and experience and geographic location. In addition to base salary, this role is eligible for annual short-term incentive, health and well-being benefits, retirement and savings plan, paid time off and career development.
IGM is a diverse workplace committed to doing business inclusively - this starts with having a representative workforce! We encourage applications from all qualified candidates that represent the diversity present across Canada - including racialized persons, women, Indigenous persons, persons with disabilities, 2SLGBTQIA+ community, gender diverse and neurodiverse individuals, as well as all who may contribute to the further diversification of ideas.
Mackenzie Investments is an accessible employer committed to providing barrier-free recruitment experience. If you require accommodation or this information in an alternate format at any stage of the recruitment process, please reach out to the Talent Acquisition team who will work with you to meet your needs.
Artificial Intelligence in Recruitment: As part of our Talent Acquisition process, we may use artificial intelligence and automated tools to support activities such as candidate sourcing, application review, and interview scheduling. These tools support the recruitment process; all hiring decisions are made by people.
We thank all applicants for their interest in Mackenzie Investments; however, only those candidates selected for an interview will be contacted.
Please apply by November 16 206.
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