Senior Compliance Officer

About the job
Work Location: Hybrid – 2-3 days/week onsite

Position Type: Contract, 6 months (potential for extension)

Location: Toronto, ON

Our leading financial client is seeking a Senior Compliance Officer for the team.

Responsibilities:

Compliance & Global Regulatory Affairs (Compliance & GRA) assists our the client in developing and executing a robust and proactive regulatory compliance and regulatory affairs strategy, and effectively managing regulatory risk.The Compliance and EAML Examination Program (CEEP) team, is a group within the Compliance Department, and consists of several multi-skilled examination teams, including the Regulatory Compliance Examination team, which is responsible to execute regulatory compliance examinations for Oversight Functions and Compliance units globally across the Bank, amongst other LOBs, with the objective to independently assess the design and operating effectiveness of the unit’s processes and controls to satisfy compliance with OSFI E-13, and adherence to regulatory requirements as defined by the Regulatory Compliance Management Policy.Reporting to the Director, Compliance and EAML Examinations Program, the Compliance Officer is responsible to manage and execute Regulatory Compliance Management (RCM) examinations and ensure adequate planning, fieldwork and reporting of results as per CEEP standards and procedures, and assist team members as required with the execution of their examinations.The Compliance Officer will have a strong understanding of applicable regulatory requirements such as OSFI E-13 and the requirements of a sound RCM framework, as well as knowledge of lines of business, Governance Groups, Oversight Functions and Compliance.In addition to working on the RCM Examination portfolio, the Compliance Officer will be required to support other examination portfolios within the broader CEEP team, as the needs arise.Must Have:

5+ years of experience within the compliance/audit industryStrong understanding of applicable regulatory requirements such as OSFI E-13Regulatory Compliance Management (RCM) policyFormer financial banking experience, preferably in Governance roles.Demonstrated experience leading examinations, audits, or compliance reviews.Ability to evaluate the adherence of Oversight Functions to regulatory requirements and identify areas for improvement.Excellent communication skills and stakeholder collaboration experienceUniversity Degree/College DiplomaNice to have

Accountant designation or MBAFinancial services experienceCPA, CIA, or other relevant designation or certification.