Senior Manager, Compliance



Senior Manager, Compliance



Employment Type:



per year

Job Description:

Job DescriptionFounded in 1846, Laurentian Bank Financial Group (LBCFG) is a diversified financial services provider whose mission is to help its customers improve their financial health. The Laurentian Bank of Canada and its entities are collectively referred to as Laurentian Bank Financial Group (the "Group" or the "Bank"). With more than 2,900 employees guided by the values of proximity, simplicity and honesty, the Group provides a broad range of advice-based solutions and services to its personal, business and institutional customers. With pan-Canadian activities and a presence in the U.S., the Group is an important player in numerous market segments.This role sits within Laurentian Bank Securities, a subsidiary of Laurentian Bank Financial Group.Reporting to the Vice-President, Compliance and Risk Management, the Senior Manager, Compliance, Business Conduct and Trading Oversight, manages a team of compliance specialists who ensure adherence to securities laws, regulations and policies issued by self-regulatory organizations , in addition to ensuring compliance with Laurentian Bank Securities internal policies. The incumbent is responsible for oversight, trading and business conduct. In addition, s/he will provide compliance support to various business lines: Retail Services, Institutional Fixed Income and Shares, Corporate Financing, Institutional Services and Economic and Strategic Research.ResponsibilitiesºManage a team of compliance specialists by creating a motivational work environment and by exercising the necessary leadership.ºSupport employees' professional growth and develop their skills through personalized coaching.ºOversee the operational implementation of the securities compliance system.ºAct as a specialist for stakeholders and business lines with regards to regulatory requirements, internal policies and procedures related to securities and institutional services.ºImplement processes to ensure effective application of policies, access to policies and employee training.ºDevelop reports designed to detect trends and implement the proactive risk management philosophy.ºCultivate and maintain good relationships with business line stakeholders to ensure effective partnerships.ºEnsure, on a daily and monthly basis, oversight of business conduct, oversight of market trading in accordance with industry standards for securities and oversight of transactions related to the AML/ATF (IIROC, UMIR, CMLTFA).ºSupervise the detection of potentially risky situations, conduct various complex analyses and make recommendations to guide management decisions.ºMake recommendations on measures to be adopted to ensure that management systems, programs, policies and procedures related to compliance are updated in accordance with industry best practices in order to mitigate regulatory risks and ensure operational efficiency of processes.ºShape risk management orientations and ensure stakeholder buy-in.ºSpearhead internal investigations and oversee customer complaints.ºServe as a resource person during investigations by regulatory bodies and ensure the implementation of action plans.ºOversee the drafting of various compliance reports and documents in order to protect the organization's reputation and meet regulatory requirements.ºParticipate in committees and special projects that require a high level of expertise, and act as a representative for the organization to various bodies, authorities or stakeholders.ºContribute to the development of a proactive risk management culture and manage its implementation.ºPromote the continuous improvement of work methods in order to optimize measures, procedures and oversight systems and thereby improve risk management systems.QualificationsºUniversity degree and professional designation in a relevant field (finance, law, accounting)ºMinimum ten years' experience in securities compliance, including five years in a managerial roleºStrong interpersonal skills and an ability to motivate and lead staffºExcellent knowledge of compliance practices (IIROC, UMIR, CSM, FINTRAC, stock exchanges)ºSolid knowledge of international financial markets and financial instrumentsºSuccessful completion of the Conduct and Practices Handbook CourseºSuccessful completion of the Canadian Securities CourseºSuccessful completion of the Branch Managers Course is an assetºExceptional versatility and an ability to effectively manage multiple files at onceºProven leadership abilities and long-term visionºTeam spirit and diplomacyºExcellent spoken and written communication skills in English and FrenchºKnowledge of financial systems and softwareºExcellent ability to persuade and political acumenºWell-developed analytical and summarizing skillsºAbility to work independently, take initiative and exercise creativityºEthical conduct, sense of integrity, rigourAdditional InformationWe welcome and encourage applications from individuals from all groups, including aboriginal, women, visible minorities, and persons with disabilities, regardless of race, ethnicity, sexual orientation, creed, family status, national origin, age and gender.
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