Senior Regulatory Analyst, Registrant Oversight

Alberta Securities Commission; Calgary; Hybrid; CAD 90,000 - 130,000; Full time

Benefits offered by this job

Hybrid work environment

Comprehensive benefits package

Professional development

Job summary

Alberta Securities Commission is seeking a Senior Regulatory Analyst in Calgary. You will lead complex regulatory reviews, mentor junior staff, and present findings to ASC leadership while ensuring compliance with Alberta securities laws.

The role supports the Registrant Oversight team within the Market Regulation division. The position offers hybrid work arrangements, an emphasis on collaboration with CSA counterparts, and opportunities to influence regulatory outcomes and industry best

Qualifications

• University degree in business or related field.
• CPA or CFA designation required.
• 10+ years of work experience in a relevant field.
• Strong communication, critical thinking and analytical abilities.
• Ability to lead and mentor junior colleagues.

Responsibilities

• Lead complex regulatory reviews and oversight activities.
• Prepare and present detailed compliance reports with recommendations.
• Manage relationships with senior management of regulated entities.
• Maintain records of reviews and summarise analyses and conclusions.
• Oversight of implementation of action plans to rectify deficiencies.
• Mentor junior Registrant Oversight Analysts and share best practices.
• Present findings to ASC leadership and committees.

Skills

Regulatory analysis

Regulatory oversight

Stakeholder comms

Leadership

Critical thinking

Analytical skills

Education

Bachelor's degree

CPA/CFA designation

Job description

Our organization

The Alberta Securities Commission (ASC) is the industry-funded regulator responsible for administering the province's securities and derivatives laws. It is entrusted with fostering a fair and efficient capital market in Alberta and with protecting investors. As a member of the Canadian Securities Administrators (CSA), the ASC works to improve, coordinate and harmonize the regulation of Canada's capital markets.

The Market Regulation division oversees the equities, derivatives and digital asset marketplaces, clearing agencies, registrants (dealers, advisers, and investment fund managers), and industry self-regulatory organizations (SROs). With a dynamic team of investment and financial professionals, we are involved in leading-edge projects aimed at balancing effective regulation with our stakeholders’ need for innovation and efficient capital markets.

The opportunity

Reporting to the Team Lead, Registrant Oversight, the Senior Regulatory Analyst is responsible for leading complex reviews and other oversight activities, and for providing senior-level review on other files, to ensure registrant’s compliance with securities legislation; as well as mentoring less experienced Registrant Oversight team members, providing advice on complex files and issues, and representing the team in various ASC or CSA committees and projects. This position exists at the ASC to assist in the execution of Registrant Oversight’s compliance oversight mandate which requires regulatory analysts to oversee regulatory compliance of firms and individuals that are registered to sell, advise, or trade in securities to ensure that registered firms and individuals are following Alberta securities laws and investors are protected from unfair and abusive practices.

Key responsibilities include

• Analyzing, researching, interpreting and clearly demonstrating how regulatory obligations apply to the business operations, and in many cases novel or complex activities of registrants as reflected in the documentation and information examined.
• Preparing and presenting clearly written and detailed reports that outline and explain compliance issues applicable to the business operations of market participants and which recommend courses of action for the ASC with respect to issues arising from compliance reviews, including, where appropriate, regulatory action recommendations.
• Managing professional relationships with senior management of regulated entities. Communicating with registered firms and individuals to assist them in understanding their compliance with regulatory obligations and best practices.
• Maintaining books and records for reviews which include documentation gathered, recording all communications and interactions with the firm and individuals and then summarizing the analysis performed and conclusions made.
• Overseeing and evaluating the implementation of registered firm action plans, including plans existing under regulatory action, to ensure that firms rectify compliance deficiencies in an adequate and timely manner.
• Taking initiative to understand how regulatory requirements apply to registered firms’ business operations, including the use of creative thinking and applying innovative ideas to interpreting regulations.
• Conducting senior-level quality and consistency reviews of analysis, review findings, compliance reports, and other documents prepared by other Junior, Associate, and Regulatory Analysts.
• Leading by example and mentoring less experienced Registrant Oversight Analysts during compliance reviews by being a subject matter expert, providing functional advice and technical guidance, and sharing analysis conclusions and best practices.
• Training and mentoring new Analysts regarding how to properly perform compliance review procedures, tasks, and analysis.
• Presenting findings from audits and projects to ASC leadership, committees and possibly the Commission.
• Providing administrative and leadership support to the Team Lead and management in relation to projects in support of divisional, operational, and strategic initiatives.
• Participating in various short and long-term tasks and projects in support of divisional, operational and strategic initiatives.
• Researching, preparing and presenting internal memos covering various issues related to Registrant Oversight’s activities and mandate.
• Working effectively in collaboration with other ASC departments in respect to various projects and requests to ensure that Registrant Oversight and ASC objectives are
• Interfacing with industry and the public as part of ASC education and outreach
• Representing the ASC at conferences and seminars to remain current with regulatory trends and to maintain communication and rapport with external stakeholders.
• Researching and preparing content to be delivered in educational
• Participating in registrant education and outreach sessions by presenting content and addressing follow up questions related to the material presented.
• Researching, preparing and presenting internal memos covering various complex issues related to Registrant Oversight’s activities and mandate.
• Researching, drafting and providing input into ASC and CSA staff notices, guidance, and other communications to registered firms, this task requires canvassing feedback from the industry and the Registrant Oversight team and management; as well as researching, analyzing, and making recommendations that consider ASC positions and the potential impact of guidance on Alberta-based registrants.
• Interacting and liaising with CSA counterparts to discuss common issues and solutions, while advocating and presenting the ASC’s position.
• Providing advice and input to colleagues in other ASC divisions as a recognized subject matter expert in Registrant Oversight matters.
• Participating in and leading various CSA committees and policy initiatives, which typically requires supporting ASC Legal Counsel staff by providing operational feedback and recommendations.
• Summarizing research, analysis, and conclusions with respect to various CSA initiatives and presenting this information to the Manager; Director, Market Regulation and ASC Executive Management when required.

The ideal candidate will possess

• A university degree in a business discipline or equivalent experience.
• A financial designation (CPA or CFA) is required
• 10+ years of work experience in a relevant field
• Strong communication (verbal and written), critical thinking and analytical
• The ability to lead and mentor more junior colleagues.
• Excellent decision-making skills.
• A proven history of meeting tight deadlines and driving results.
• The demonstrated ability to multi-task, balance a high workload, and plan for high volumes and competing deadlines.
• Superior knowledge of securities regulations and risk identification and management including inherent business risks, identifying red flags.
• A working knowledge of Canadian industry trends and practicies.
• Awareness of international industry trends and practices.

To apply

This position will work out of the ASC office located in Calgary, Alberta. You will be contacted if you are selected for an interview. More information about working at the ASC including our comprehensive Total Rewards package can be found on our website at www.asc.ca.

We offer a hybrid work environment and flexibility, a competitive total rewards package consisting of 100 per cent employer-paid benefits, comprehensive health and dental, employee life insurance, short-term and long-term disability; retirement benefits; travel insurance; paid vacation time, flex and sick days; an employee family assistance program; transportation allowance, generous flexible spending account and professional development through subsidized courses, conference, workshops, seminars and in-house training. We also encourage fun and giving back to the community with initiatives offered through our ASC Social Club and annual United Way Campaign.

The ASC is an equal opportunity employer and encourages applications from all qualified individuals. We celebrate diversity and are committed to providing an inclusive work environment where every employee feels valued and respected.