Senior Manager – BU Compliance Officer

Job CategoryAccounting & Finance
Position TypeContract
Application Deadline November 18, 2019
Experience Required5+ years
Job Duration3 months
Education RequiredBachelors

Our client in Banking & Finance industry is seeking a Senior Manager – BU Compliance Officer in Toronto. This is a 3 to 6 months contract position- prior experience in mandate compliance required with strong understanding of national instruments (e.g. NI 81-102, NI 31-103, NI 81-107, etc.)
Job Description
GAM Canada’s Senior Manager, Business Unit Compliance Officer supports corporate Enterprise Compliance Risk Framework by managing the execution of First Line compliance initiatives. This role executes and leads First Line compliance responsibilities including mandate compliance, personal trade monitoring, compliance issue management, risk assessments, monitoring, testing planning, advisory and reporting. As part of the mandate, the senior manager will analyze and monitor compliance-related audit and regulatory examination issues. This role is responsible for the implementation of final laws, rules and regulatory guidance within GAM Canada.
CULTURE: This is a team of 4-5 employees in a challenging environment.
EVP (Employee Value proposition): This is a great opportunity to be a part of a growing and changing business at the forefront of various important initiatives. It is a great opportunity to leverage critical thinking skills and grow knowledge of portfolio management and investment funds managements. There is also a strong likelihood to be converted to FTE based on performance.
RESPONSIBILITIES INCLUDE (but are not limited to):
? Manage the Mandate Compliance function supporting GAM Canada, reporting to committees and executives on the status of compliance activities.
? Ensure the completeness and timeliness of the Mandate Compliance function using Charles River as the Order Management System.
? Work with other areas of the bank to plan and coordinate compliance related activities (e.g. Portfolio Managers, Traders, Product, Operations, Sales & Distribution, Legal, 2nd Line Compliance)
? Participate in committees as required (e.g. Product Oversight Committee, Trading Oversight Meeting, Derivatives Review Meeting)
? Work with the business to review and assess new business initiatives in terms of compliance related matters/implications
? Work with different business groups  to understand the impact of regulatory change on their business; perform gap analysis to identify process changes required to comply with new requirements
? Maintain the compliance related control framework for 1st Line, understand and execute controls
? Identify, manage and summarize line of business issues and regulatory reviews and assess their potential impact on GAM Canada.
? Report and remediate Compliance Issues currently impacting, or with the potential to impact, GAM Canada and ensure that they are documented and maintained in the Compliance Book of Record (CORE).
? Maintain inventory of regulatory requirements for GAM Canada
? Perform Compliance Control Effectiveness Assessments to determine whether controls properly mitigate the inherent regulatory and privacy risks.
? Develop a First Line monitoring and testing plan that aligns with regulatory requirements and expectations and also meets Second Line Compliance standards
? Prepare Governance Reporting (e.g. KRIs, M&T, Issue Monitoring & Reporting, mandate breaches)
? Report status of initiatives to senior management, prepare and deliver reports with appropriate content as well as provide assistance to senior management and keep them informed of issues as necessary.
? Support regulatory examinations and liaise with regulators to support the review as required.
? Identify and ensure the fulfillment of any compliance-related training needs as appropriate
? Execute special enterprise wide initiatives as requested by the Head, Global Business Unit Compliance & Control.
? Provide direction and feedback to team members.
? Bachelor’s Degree in a relevant required, industry certification or designations are pluses (CFA, MBA or advanced degree is favorable)
? 5 years or more experience in Asset Management performing a compliance related function
? In depth knowledge of National Instruments (e.g. NI 81-102, NI 31-103, NI 81-107, etc.)
? Highly attentive to detail with strong problem solving abilities
? Knowledge of Charles River and/or other order management systems (e.g. Bloomberg)
? Ability to multi-task, work independently, prioritize workload and meet deadlines
? Strong verbal and written communication skills, and demonstrated ability to prepare concise, accurate reports for management
? Strong computer skills using Microsoft Word, Excel, Power Point and other standard database tools – vlookups, using macros, pivot tables
? Strong project management and organizational skills

Nice to haves:
? 3 years or more in people management and leadership is preferred
? Understanding of regulatory compliance and its role within a broader risk management framework
? Highly capable of collaborating and fostering relationships within the Business and with cross-functional working groups
? Ability to present to senior management and management committees
Candidates must be in Canada and with valid work permit for being able to apply for this role.
To apply, send your updated resume to: