Jobs
>
Toronto

    Chief Compliance Officer, Mutual Fund Dealer - Toronto, Canada - BMO

    BMO
    BMO Toronto, Canada

    3 weeks ago

    BMO background
    Full time
    Description

    Application Deadline:

    06/14/2024

    Address:

    100 King Street West

    Job Family Group:

    Audit, Risk & Compliance

    Assists in the implementation, maintenance and administration of BMO's Mutual Fund Dealer second line compliance program. Coordinates and performs risk assessment, monitoring, testing and surveillance activities to ensure BMOII program remains current and aligned with BMO Compliance Program. Works with business/group and internal partners to ensure regulatory, corporate and fiduciary obligations are met. Advises business/group on implications of new regulatory developments or internal products, and assists to implement new/revised policies and programs to address them. Identifies risks and implements appropriate actions to mitigate them. Develops and maintains compliance information for analysis and reporting. Achieves compliance goals by maintaining current knowledge of regulatory requirements and developments. Maintains functional and regulatory expertise specific to business group, and refers to Compliance Policies & Procedures manuals for requirements. Contributes to business/group results by providing oversight and making recommendations that significantly impact the Bank's ability to monitor regulatory compliance programs, minimize operational risk and align with regulatory agencies.

  • Fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behaviours in all that they do.
  • Ensures alignment between values and behaviour that fosters diversity and inclusion.
  • Regularly connects work to BMO's purpose, sets inspirational goals, defines clear expected outcomes, and ensures clear accountability for follow through.
  • Builds interdependent teams that collaborate across functional and operating groups to create the highest value for all stakeholders.
  • Attracts, retains, and enables the career development of top talent.
  • Improves team performance, recognizes and rewards performance, coaches employees, supports their development, and manages poor performance.
  • Advises and influences senior leaders on managing regulatory risk associated related to business decisions and strategic initiatives.
  • Develops an expert understanding of business/group challenges.
  • Networks with industry contacts to gather competitive insights and best practices.
  • Recommends measures to improve organizational effectiveness.
  • May consult to or serve on various committees.
  • Oversees strategy, design, implementation, and monitoring/reporting of all compliance policies and programs that have implications within the function across business groups or jurisdictions.
  • Acts as the prime contact for senior management, other internal/external stakeholders relationships and regulators.
  • Reviews and reports insights on regulatory risk based on compliance data to Compliance and business/group senior management.
  • Oversees the implementation, sustainability and assesses operating effectiveness compliance programs, providing advice/rulings as necessary, for multiple complex function(s) / activity(ies) across a business group or jurisdiction or deep within a functional area.
  • Reports to Compliance and business/group senior management on regulatory risk and compliance program effectiveness.
  • Management oversight for establishing and reinforcing compliance programs & protocols for functional area of responsibility.
  • Develops and maintains a high level of expertise in all regulations, directives and guidance which apply to the group(s) supported.
  • Provides input to business/group on emerging risks, regulatory developments and interpretation of regulations.
  • Conducts and/or effectively challenges risk assessments for business/group and assists to identify more effective compliance controls.
  • Performs and/or effectively challenges monitoring and testing activities to ensure regulatory compliance controls are operating and aligned to regulatory requirements. Supports root cause analysis in response to material control failures in business/group.
  • Identifies, assesses, effectively challenges and provides oversight on the satisfactory resolution of issues, including ensuring adequate management remediation plans and validation. Elevates high profile issues/risk cases to Compliance and business/group management for prompt resolution.
  • Analyzes and reports compliance information to Compliance and business/group management.
  • Advises first line of defense management and employees on compliance matters.
  • Consults on new products, services and automated systems to assist with incorporating compliance requirements into these initiatives.
  • Ascertains training needs and helps develop training based on gaps identified through the compliance monitoring and testing.
  • Identifies enhancements to business group compliance tools and processes and communicates to required stakeholders.
  • Assists business group management in communicating and implementing changes to applicable regulatory policies and procedures.
  • Represents the business/group Compliance team and interacts with examiners/auditors during internal, external and regulatory audits and examinations.
  • Provides regulatory perspective on business group's sales and marketing materials.
  • Anticipates/ identifies and analyses risk and consequences of unaddressed risk factors/ compliance gaps, and recommends appropriate controls.
  • Builds effective professional relationships with business/groups.
  • Operates effectively within a high stress environment with constantly changing expectations and regulatory & audit scrutiny.
  • Accesses, monitors and reports on sensitive Bank, customer, transactional and employee information to ensure compliance with regulatory requirements.
  • Communicates the roles and importance of each of the three lines of defense, and proactively identifies regulatory risk.
  • Operates at a group/enterprise-wide level and serves as a senior specialist resource across BMO.
  • Influences how teams/groups work together.
  • Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to multiple, interdependent, complex problems.
  • Communicates abstract concepts in simple terms.
  • Fosters strong internal and external networks and works with and across multiple teams to achieve business objectives.
  • Anticipates trends and responds by implementing appropriate changes.
  • Broader work or accountabilities may be assigned as needed.

    • Qualifications:

  • Typically 10+ years of relevant experience and a post-secondary degree in related field of study or an equivalent combination of education and experience.
  • Recognized compliance certificate or equivalent preferred.
  • Expert knowledge and understanding of laws and regulations applicable to Canadian securities dealers, with an emphasis on those that apply to Canadian mutual fund dealers.
  • Advanced knowledge consumer protection regulations related marketing and advertising guidelines.
  • Serves as a specialist resource within BMO with advanced knowledge of regulatory/ compliance requirements and the operations of multiple business/groups.
  • Experienced at regulatory body with respect to multiple compliance areas.
  • Exceptional communication, critical thinking, relationship management and project management skills.
  • Seasoned expert with extensive securities industry knowledge.
  • Technical leader viewed as a thought leader for innovation.
  • Verbal & written communication skills - Expert.
  • Analytical and problem solving skills - Expert.
  • Influence skills - Expert.
  • Collaboration & team skills; with a focus on cross-group collaboration - Expert.
  • Able to manage ambiguity.
  • Data driven decision making - Expert.

    • Compensation and Benefits:

    $113, $211,800.00

    Pay Type:

    Salaried

    The above represents BMO Financial Group's pay range and type.

    Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group's expected target for the first year in this position.

    BMO Financial Group's total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit:

    We're here to help

    At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

    As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We'll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we'll help you gain valuable experience, and broaden your skillset.

    To find out more visit us at .

    BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other's differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

    Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.

  • BMO

    Chief Compliance Officer, Mutual Fund Dealer

    3 weeks ago

    BMO Toronto, Canada

    Application Deadline: · 06/14/2024 · Address: · 100 King Street West · Job Family Group: · Audit, Risk & Compliance · Assists in the implementation, maintenance and administration of BMO's Mutual Fund Dealer second line compliance program. Coordinates and performs risk assessme ...

  • Scotiabank

    Senior Manager, Mutual Fund Dealer Compliance

    3 weeks ago

    Scotiabank Toronto, ON, Canada

    Reporting to the Director, Chief Compliance Officer, Scotia Securities Inc. (SSI) Compliance, the Senior Manager, Mutual Fund Dealer Compliance is responsible for overseeing and supporting the Mutual Fund Dealer Compliance Head Office Review Program by ensuring that the Program r ...

  • Scotiabank

    Senior Manager, Mutual Fund Dealer Compliance

    3 weeks ago

    Scotiabank Old Toronto, Canada

    Requisition ID: 199060 · Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. · Reporting to the Director, Chief Compliance Officer, Scotia Securities Inc. (SSI) Compliance, the Senior Manager, Mutual Fund Dealer Compliance is res ...

  • BMO Financial Group

    Chief Compliance Officer, Mutual Fund Dealer

    1 week ago

    BMO Financial Group Old Toronto, Canada

    Application Deadline: 06/14/2024 Address: 100 King Street West Job Family Group: Audit, Risk & Compliance Assists in the implementation, maintenance and administration of BMO's Mutual Fund Dealer second line compliance program. Coordinates and performs risk assessment, monitoring ...

  • Bank of Montreal

    Chief Compliance Officer, Mutual Fund Dealer

    2 weeks ago

    Bank of Montreal Scarborough, Canada

    Application Deadline:06/14/2024Address:100 King Street WestJob Family Group:Audit, Risk & ComplianceAssists in the implementation, maintenance and administration of BMO's Mutual Fund Dealer second line compliance program. Coordinates and performs risk assessment, monitoring, test ...

  • 0000055528 RBC Investor Services Trust

    Senior Dealer Relations Agent

    3 weeks ago

    0000055528 RBC Investor Services Trust Toronto, Canada Full time

    Job Description · What is the opportunity? In this role, the incumbent will be responsible for ensuring a concise operation between RBC Investor Services clients and the Broker / Dealer and Intermediary community. The incumbent will be responsible for managing and acting as a co ...

  • iA Private Wealth Inc.

    Private Wealth Portfolio Manager

    2 weeks ago

    iA Private Wealth Inc. Toronto, Canada Permanent

    Description · JOB PURPOSE: · This role will supervise and manage the assets of a suite of existing investment funds in accordance with their pre-established investment policies as described in their offering documents. The PM will also work closely with the investment committee ...

  • Royal Bank of Canada>

    Senior Dealer Relations Agent

    3 weeks ago

    Royal Bank of Canada> Toronto, Canada

    Job Summary · Job Description · What is the opportunity? · In this role, the incumbent will be responsible for ensuring a concise operation between RBC Investor Services clients and the Broker / Dealer and Intermediary community. The incumbent will be responsible for managing and ...

  • Toyota North America

    Manager, Contract Funding

    2 weeks ago

    Toyota North America Toronto, Canada Full time

    Description · Contract Funding Manager · About Toyota Financial Services · Toyota Financial Services (TFS) provides retail, leasing and wholesale financial services to Toyota and Lexus dealerships and customers across Canada. TFS is a member of Toyota Financial Services Corpor ...

  • Sun Life

    New Business Consultant

    3 weeks ago

    Sun Life Toronto, Canada Full time

    Job Description · : Schedule: Phone shift schedule rotates monthly. Shifts times are: 8am-4pm, 830am -430pm or 10am – 6pm · Salary: 55K · The Dealer Operations Team is looking for an exceptional, customer-oriented team player who is eager to join a growing, fast paced, challengi ...

  • CI Financial

    Compliance Officer, Surveillance

    2 weeks ago

    CI Financial Toronto, Canada Full time

    JOB OVERVIEW · We are currently seeking a Compliance Officer, Surveillance to join our Compliance team. In this role, the successful candidate is expected to monitor client account activity of Assante advisors in accordance with internal procedures and regulatory requirements and ...

  • Sun Life

    Bilingual New Business Consultant

    6 days ago

    Sun Life Toronto, Canada Full time

    Job Description · : Schedule: Phone shift schedule rotates monthly. Shifts times are: 8am-4pm, 830am -430pm or 10am – 6pm · Salary: 55K · The Dealer Operations Team is looking for an exceptional, customer-oriented team player who is eager to join a growing, fast paced, challengi ...

  • CI Financial

    Compliance Officer, Surveillance

    2 weeks ago

    CI Financial Toronto, Canada Full time

    Job Description · WHAT YOU WILL DO · -Conduct, monitor and document daily and monthly head office reviews of client account activity with a focus on criteria outlined in CIRO (mutual fund dealer and investment dealer) rules, other regulations, and corporate guidelines and polici ...

  • CI Financial

    Bilingual Compliance Officer

    1 day ago

    CI Financial toronto, Canada

    Job Overview · We are currently seeking a Compliance Officer, Registrations (Bilingual) to join our Compliance/Registrations Department. The Registration Department is responsible for the management / administration of licensing and registration for the affiliated member firms of ...

  • CI Financial

    Director, National Accounts

    2 weeks ago

    CI Financial Toronto, Canada Full time

    At CI, we see a great place to work as one that is a safe place for everyone to have a voice, where people are empowered to take ownership over meaningful work, where there is an opportunity to grow through stretching themselves, where they can work on innovative products and pro ...

  • Larson Maddox

    Compliance Officer

    2 weeks ago

    Larson Maddox Toronto, Canada

    An alternative investment firm is seeking a Compliance Officer to join their Global Regulatory and Compliance team. In this role, you will play a pivotal part in assisting with various regulatory activities both at the organizational level and for investment vehicles. This positi ...

  • CI Financial

    Bilingual Compliance Officer

    4 days ago

    CI Financial Toronto, Canada Full time

    At CI, we see a great place to work as one that is a safe place for everyone to have a voice, where people are empowered to take ownership over meaningful work, where there is an opportunity to grow through stretching themselves, where they can work on innovative products and pro ...

  • AGF Investments

    Trust Accountant

    2 weeks ago

    AGF Investments Toronto, Canada Full time

    About the Role: · Our Trust Accounting Team has an exciting career opportunity for you. Reporting to the Manager, Trust Accounting, you will reconcile bank accounts, identify breaks, analyze outstanding balances, research and resolve issues.Your Responsibilities: · Maintain and a ...

  • BMW Group

    Senior Campaign

    6 days ago

    BMW Group Toronto, Canada

    IT'S ENTHUSIASM THAT MOVES PEOPLE. · SHARE YOUR PASSION. · At BMW, our marketing teams are constantly developing moving communications to reflect the special nature of our products and brand. And everyone has a role to play in shaping the next chapters in our pioneering story. ...

  • ION

    Freelance Writer/Editor

    1 week ago

    ION Ontario, Canada Freelancer

    About Us The Hedge Fund Law Report () and Private Equity Law Report () (both part of ION Group) analyze critical legal issues in the private fund industry, including rulemaking, compliance, taxation, marketing and other operational challenges that private fund managers confront o ...