About Company
Seeking an environment where meticulous attention to detail and ethical stewardship are not just valued, but foundational? Hiring.zycto is a dynamic and forward-thinking organization committed to maintaining the highest standards of financial integrity and regulatory adherence. We empower our teams to navigate complex landscapes with confidence, fostering a culture of continuous learning and professional growth. Here, a Compliance Officer – Finance will find a critical role in shaping our strategic direction, ensuring robust governance and contributing directly to our reputation for excellence. Join us and thrive in a setting that recognizes expertise and rewards impactful contributions.
Job Description
Hiring.zycto is seeking a dedicated and experienced Compliance Officer specializing in Finance to join our growing team in Mimico, Toronto. In this crucial role, you will be instrumental in upholding our commitment to regulatory excellence and ethical financial practices. You will be responsible for interpreting and implementing complex financial regulations, ensuring that all our operations adhere to local, provincial, and federal compliance standards. This is an exciting opportunity for a detail-oriented professional with a strong understanding of the financial regulatory landscape in Canada, particularly within Toronto, to make a significant impact on our operational integrity and risk management framework. The ideal candidate will possess a proactive approach to identifying potential compliance risks, developing robust mitigation strategies, and fostering a culture of compliance across all departments. You will work closely with various internal stakeholders, including legal, operations, and senior management, to provide expert advice, conduct training, and ensure that our policies and procedures are not only compliant but also optimized for efficiency and effectiveness. If you are passionate about safeguarding financial integrity and thrive in a challenging yet rewarding environment, we encourage you to apply.
Key Responsibilities
- Develop, implement, and maintain comprehensive compliance programs and policies in accordance with Canadian financial regulations (e.g., OSFI, FINTRAC, provincial securities commissions).
- Conduct regular compliance reviews, audits, and risk assessments to identify potential vulnerabilities and ensure adherence to internal policies and external regulations.
- Monitor regulatory changes and communicate their implications to relevant departments, recommending necessary adjustments to internal procedures and controls.
- Provide expert advice and guidance to business units on compliance matters, including new products, services, and operational changes.
- Prepare and submit regulatory reports to authorities as required, ensuring accuracy and timeliness.
- Design and deliver compliance training programs for employees to foster a strong compliance culture within the organization.
- Investigate and resolve compliance-related issues, breaches, or customer complaints, escalating significant matters to senior management as appropriate.
Required Skills
- Strong knowledge of Canadian financial regulations (e.g., Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA), OSFI guidelines, provincial securities acts).
- Proven experience in developing and implementing compliance frameworks and policies within a financial institution.
- Excellent analytical and problem-solving skills with meticulous attention to detail.
- Ability to interpret complex legal and regulatory documents and translate them into actionable business requirements.
- Exceptional written and verbal communication skills, capable of engaging with all levels of staff and external stakeholders.
- Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint).
Preferred Qualifications
- Certified Anti-Money Laundering Specialist (CAMS) or other relevant compliance certifications.
- Experience with compliance management software and tools.
- A Master's degree in Finance, Law, Business Administration, or a related field.
- Previous experience working with a major financial institution or regulatory body in Canada.
Perks & Benefits
- Comprehensive health, dental, and vision insurance plans.
- Generous paid time off and holidays.
- Matching RRSP (Registered Retirement Savings Plan) contributions.
- Opportunities for professional development and continuous learning.
- Wellness programs and employee assistance initiatives.
- Dynamic and collaborative work environment in a prime Toronto location.
How to Apply
Interested candidates are encouraged to click on the link below to submit their application, including a detailed resume and cover letter outlining their qualifications and experience. We thank all applicants for their interest; however, only those selected for an interview will be contacted.