Director, Regulatory Compliance & Governance

We are seeking a highly motivated Director, Regulatory Compliance & Governance. The successful candidate will support the Head of Canada Compliance for a large international financial service institution. This position is critical to support the growth of the business and is the deputy in compliance policy development and Canada compliance strategies execution across the branch. The incumbent will act as the right-hand to the Canada Local Compliance Officer (LCO).

Key Responsibilities

• Continuously develop, enhance the Corporate Compliance and Financial Crime Compliance framework.
• Knowledge and understanding of the bank act, OFSI regulations and FINTRAC
• Jointly responsible for drafting and updating the AML/AFT and sanctions policies and procedures.
• Provide subject matter expert compliance advisory to key stakeholders in the business, operations, risk, technology and finance teams. Review and approve outside business activities and conflicts of interest.
• Evaluate business objectives, regulatory developments and propose customized compliance solutions within the firm’s risk tolerance and regulatory requirements.

Qualifications And Skills

• Knowledge and experience in the operation of a Schedule III foreign bank branch.
• Minimum 3 years of experience in managing people or practicing law in a leading Canadian law firm.
• Minimum 5 years of progressive experience in a corporate compliance and AML Compliance function role, preferably both, from a federally regulated financial institution (bank) or regulators.
• Bachelor’s degree in business, accounting or law is required. (LLB preferred). One professional designation is required from a recognized body, i.e. CFA, lawyer, CPA, etc. additional compliance related certification would be an asset.
• Good communicator with a high level of written and oral communication skills.