- Support the CCO and all members of the Compliance Department to ensure compliance with regulatory requirements for the insurance and securities business.
- Monitor and interpret regulatory changes and industry best practices to determine if updates are required to policies and procedures. When applicable, present required updates to management and assist appropriate business units to implement the changes.
- Conduct reviews of agent's business, including working with carriers to obtain necessary information.
- Monitor for and identify potential sales practice trends.
- Respond to regulatory inquiries, including collecting information, contacting agents and/or clients and presenting to management.
- Conduct Compliance testing and when necessary, create corrective action plans and ensure they are completed timely.
- Review advertising and marketing materials for securities and insurance.
- Ensure compliance policies, manuals and materials are up-to-date and conform to regulatory requirements/firm policies.
- Identify where agent training is need and work with the Training team to create it.
- Manage a team and support their growth and career development.
- University degree in a business field, or equivalent experience
- Seven years of financial services industry experience
- Four years of compliance related experience
- Two years of related management experience
- Strong knowledge of regulations and industry rules for retail mutual funds and life insurance products
- Experience with marketing approvals, trade supervision, loan approvals, complaints/investigations, branch audits and MFDA/regulatory audits
- Strong problem-solving and decision-making skills
- Written and oral communication skills and interpersonal skills to work with regulators, advisors, clients, and other stakeholders
- Organizational and time-management skills to monitor and meet deadlines
- Proficiency using MS Office tools
- CSC (Canadian Securities Course)
- PDO (Partners, Directors and Officers) Course
- BM (Branch Manager) examination course
- Extensive experience in the financial services industry
- Extensive compliance related experience
- Management experience
- Bilingual in English and French (Not Required)
- Hybrid office environment
- Possible occasional travel
- Competitive Pay
- Bonus for Eligible Employees
- Pension Plan
- 401k Match
- Employee Stock Purchase Plan
- Tuition Reimbursement
- Disability Insurance
- Medical Insurance
- Dental Insurance
- Vision Insurance
- Employee Discounts
- Career Training & Development Opportunities
- Paid Time Off starting at 160 hours annually for employees in their first year of service.
- Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).
- Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars
- Parental Leave – fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.
- Adoption Assistance
- Employee Assistance Program
- College Coach Program
- Back-Up Care Program
- PTO for Volunteer Hours
- Employee Matching Gifts Program
- Employee Resource Groups
- Inclusion and Diversity Programs
- Employee Recognition Program
- Referral Bonus Programs
- Peer Recognition Program (BRAVO)
Mgr Compliance WFG - Toronto, Canada - Transamerica
Description
Job Family
Regulatory ComplianceAbout Us
At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential unleashed by leveraging the talents of a diverse workforce. We embrace an environment where employees enjoy a balance between their careers, families, communities, and personal interests.
Ultimately, we appreciate the uniqueness of a company where talented professionals work collaboratively in a positive environment — one focused on helping people look forward and plan for the best life possible while providing tools and solutions that make it easier to get there.
Transamerica is a part of Aegon, an integrated, diversified, international financial services group. The Aegon companies employ over 21,500 people and have approximately 31.7 million customers.* For more information, visit.
Who We Are
Transamerica has been making financial services available to the many, not just the few, for more than 100 years. We're a leading provider of life insurance, retirement, and investment solutions, serving millions of customers throughout the United States.Transamerica's dedicated professionals focus on helping people live their best lives through saving, investing, and protecting their loved ones. Transamerica is dedicated to building America's leading middle market life insurance and retirement company, providing a broad range of quality individual life insurance policies, workplace supplemental insurance benefits, workplace retirement plans, individual retirement accounts, and investment products, including mutual funds, annuities, stable value solutions, as well as investment management services.
What We Do
Transamerica is organized by lines of business (Life Insurance, Annuities, Mutual Funds, Retirement Plans, and Employee Benefits), which are supported by Transamerica Corporate (Corporate Development; Finance; Internal Audit; Legislative, Regulatory & Policy; Office of the CEO; People and Places; Brand; Corporate Affairs; Risk; and Technology).
Job Description Summary
The insurance and securities industry are highly regulated and always changing so WFG is looking for a highly motivated, energetic person who can adapt to the always changing regulatory environment. The Compliance Manager will work with the Chief Compliance Officer to manage a team of and oversee the day-to-day activities of the insurance and securities programs of World Financial Group (WFG). This candidate needs to be versatile and wants to work in and support all areas of Compliance. This is an exciting role for someone to grow and expand their Compliance experience. Below is a list of duties this candidate would perform but the focus can change depending on the needs of the business and department.Job Description
Responsibilities:
Qualifications
Preferred Qualifications
Working Conditions
This job description is not a contract of employment nor for any specific job responsibilities. Managers may assign other duties and responsibilities as needed. In the event an employee or applicant requests or requires an accommodation in order to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.
What We Offer
For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees.
Compensation Benefits
Benefits Package
Health and Work/Life Balance Benefits
As of December 31, 2022
Inclusion & Diversity
We believe our commitment to diversity and inclusion creates a work environment filled with exceptional individuals. We're thrilled to have been recognized for our efforts throughthe Human Rights Campaign Corporate Equality Index, Dave Thomas Adoption Friendly Advocate, and several Seramount lists, including theInclusion Index, 100 Best Companies for Working Parents, Best Companies for Dads, and Top 75 Companies for Executive Women.
To foster a culture of inclusivity throughout our workforce, workplace, and marketplace, Transamerica offers a wide range of diversity and inclusion programs. This includes our company-sponsored, employee-driven Employee Resource Groups (ERGs), which are formed around a shared interest or a common characteristic of diversity. ERGs are open to all employees.Theyprovide a supportive environment to help us better appreciate our similarities and differences and understand how they benefit us all.
Giving Back
Webelieve our responsibilities extend beyond our corporate walls. That's why we created the Aegon Transamerica Foundation in 1994. Through a mixof financial grants and the volunteer efforts of our employees, the foundation supports nonprofit organizations focused on the things that matter most to our people in the communities where we live and work.
Transamerica's Parent Company
acquired the Transamerica business in 1999. Since its start in 1844, Aegon has grown into an international company serving more than 29.5 million people across the globe. It offers investment, protection, and retirement solutions, always with a clear purpose: Helping people live their best lives. As a leading global investor and employer, the company seeks to have a positive impact by addressing critical environmental and societal issues, with a focus on climate change and inclusion and diversity.