Corporate Branch Manager - Toronto, Canada - CI Financial

CI Financial

Verified Company

Toronto, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

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 projects, and where employees are supported and engaged in doing so.

JOB OVERVIEW

WHAT YOU WILL DO

Overall supervisory responsibility for an assigned group of AFM and ACM registered individuals and branch/subbranch office locations under their supervision
Approval of all new accounts, New Account Application Forms (NAAF) and related required documentation to ensure completeness and followup on any deficiencies noted within a reasonable time frame
Ensure registered individuals are properly registered, do not exceed requirements of their registration, provide all appropriate disclosure forms to clients as required in connection with opening accounts or trading in approved products, disclose all outside business activities to Head Office Compliance, and only conduct activities for which they are registered for or have otherwise obtained approval from Head Office Compliance
Monitor registered individuals during the initial 90Day Training Program, the 6month supervision period and during any periods of 'close supervision' as determined by Head Office Compliance
Complete and provide evidence of and follow up on any deficiencies noted in the daily and monthly trade and account reviews, with such reviews performed in accordance with securities regulatory requirements
Report any significant client service issues, including allegations of wrongdoing and any verbal or written complaints to Head Office Compliance immediately
Be responsible for ongoing education and training of both registered and nonregistered representatives to ensure awareness of and compliance with new and revised securities regulatory requirements and internal supervisory and compliance policies and procedures
Establish an effective filing system to ensure all client and branch files are current and uptodate and contain all required documents
Effectively control access to supervisory records and files to ensure client confidentiality
Minimum of annual visits with sub branch locations as part of ensuring overall compliance and effective supervision of registered individuals
Report regularly to CCO & VP, Compliance (Head Office) in relation to:
Overall level and effectiveness of branch and supervision of registered individuals and compliance with securities regulatory requirements and internal supervisory and compliance policies and procedures
Specific supervisory challenges relating to registered individuals
Performance and results of any internal or external branch examinations performed across any branch/subbranch office locations under their supervision
Inquiries, requests for information from the Securities Commissions or local offices of IIROC or the MFDA
Client complaints, lawsuits or allegations of misconduct levied against any registered individuals or branches
Maintain open and effective relations with staff from Commissions, IIROC and MFDA

WHAT YOU WILL BRING

Minimum 5 years securities industry experience, with minimum 2 years' experience as a Branch Manager or Compliance Officer with an IIROC or MFDA dealer firm
Experience with a securities commission or selfregulatory organization would be an asset
An undergraduate degree
Completion of applicable securities industry courses offered by the Canadian Securities Institute including: Canadian Securities Course, Branch Managers Course, and Partners, Directors and Senior Officers Qualifying Exam
Demonstrated knowledge and understanding of the relevant securities legislation and SRO rules and regulations.
Familiarity and experience working with common securities transaction processing systems, including RPM
Ability to work independently and under pressure
Strong conflict resolution, organizational, and communication skills

WORKING CONDITIONS

Regular travel required

WHAT YOU CAN EXPECT FROM US
Our dedication to the Employee Experience at CI is aimed at supporting, empowering and inspiring our talented team through:

Recognition & Compensation
Training & Development
Health & Wellbeing
Communication & Feedback

CI Financial is an independent company offering global wealth management and asset management advisory services through diverse financial services firms.

Since 1965, we have consistently anticipated and responded to the changing needs of investors. We are driven by a commitment to provide individuals and institutions with the highest-quality investments and advice.

Our commitment to the highest levels of performance means that whatever their position, CI employees must be comfortable in a fast-paced environment that will stretch them to tap into their highest potential.

Employees with a healthy dose of ambition, a desire to commit to a cu