Compliance Analyst - Thornhill, Canada - Bank of China(Canada)

Bank of China(Canada)

Verified Company

Thornhill, Canada

3 days ago

Posted by:

Sophia Lee

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Description

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Job Summary:

Assist Internal Control and Compliance manager for the 1st defence line duty, handle information technology-related duty, and business management function.

Key Responsibilities:

Manage RCM program planning, execution, reviewing, conducting, testing, reporting and documentation;
Perform gap analysis to new/amended regulations, formulate implementation plan and track implementation progress;
Review and update compliance policies and procedures;
Review and make regulatory compliance comments on business marketing and promotion materials;
Handle escalated customer complaints, maintain complaint logs, and complete quarterly complaint reporting to the Financial Consumer Agency of Canada;
Conduct branch and department compliance testing;
Collect and review the first line of defence Quarterly Compliance Self-Assessment;
Provide compliance guidance to the businesses and departments, including for remediation efforts for any deficiencies identified, and ensure the rectification is conducted within a reasonable timeframe
Develop training materials and/or provide training to the first line of defence about the program and tools;
Act as liaison between business lines, Compliance and Internal Audit;
Perform other adhoc duties.

Requirements:

Bachelor's degree or equivalent experience;
Minimum of 5 years working experience in Compliance, Privacy, or any related banking experience within the Canadian financial services sector;
Strong knowledge and understanding of Financial Consumer Protection Framework;
Strong analytical and critical thinking skills as well as effective written and verbal communication, interpersonal and organizational skills;
Strong time management skills and ability to meet deadlines for multiple projects at the same time
Experience with Regulatory Compliance Management software, e.g. Ethidex or similar;
Ability and comfort in dealing with all levels of staff within the Bank, as well as with regulators and auditors;
Proficiency in Chinese language preferred but not mandatory;

Benefits: