Financial and Operations Compliance Examiner - Montréal, Canada - Investment Industry Regulatory Organization of Canada (IIROC)

Investment Industry Regulatory Organization of Canada (IIROC)

Verified Company

Montréal, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Position Title:
Financial and Operations Compliance Examiner

Department:
Financial and Operations Compliance

Location:
Montreal

Status:
Permanent Full-time (Hybrid)

The Examiner is accountable for analyzing and independently verifying the accuracy and completeness of the submitted information by member firms within the context of the regulatory reporting framework.

Key Responsibilities:

Perform complex field examinations of the operations of assigned member firms.
Based on the examination assignment given by the Manager, performs preliminary research and information gathering activities for assigned projects; identify applicable policies and regulations, review prior examination reports and working papers
Plan the examination of a Member firm. This includes performing a risk evaluation of the Member and determining the necessary customization to the standard examination procedures and/or scope. The revised program is reviewed by the responsible Manager, and is approved by the Director
Review complex financial and/or management procedures to evaluate the adequacy of internal controls
Interview staff involved in performing the procedures
Develop documentation describing the workflow; identify desired control objectives (based on defined minimum requirements; identify how control objectives are being met; evaluate risk potential, as required
Ensure compliance with minimum audit requirements prescribed under IIROC rules and policies

Education and Experience:

Chartered Professional Accountant designation
Combined 23 years' experience in the financial sector audit practice of a national accounting firm and enterprise risk management consulting practice, or similar risk management experience at a large financial institution
Completion of the Canadian Securities Course, an asset

Key Skills and Competencies:

Bilingualism
Excellent understanding of how to document business processes, identify related internal controls, and develop appropriate compliance tests
Solid understanding of the objectives of the examination process
Strong audit and examination techniques, (interviewing, documentation, development of test plans to identify the scope and extent of required testing)
Superior knowledge of the Canadian Auditing Standards and International Financial Reporting Standards
Knowledge of Enterprise Risk Management practices in place at large financial institutions
Ability to communicate complex matters both orally and in writing, in a clear, concise, complete, courteous, and logical manner to ensure Members' understanding and responsiveness
Ability to detect, analyze, and evaluate complex deviations, deficiencies, and noncompliance with IFRS, internal control objectives, rules and policies

New SRO is committed to employment practices that are inclusive and accessible. Accommodations for individuals with disabilities are available. Should you require accommodation, please contact Human Resources.
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