About Company
Hiring.zycto champions integrity and regulatory excellence within the financial sector. We are a dynamic and forward-thinking organization committed to fostering a culture of compliance that drives sustainable growth and customer trust. For a Compliance Manager in Banking, our environment offers unparalleled opportunities to shape robust compliance frameworks, lead critical initiatives, and contribute directly to our strategic vision. We empower our professionals with the resources and autonomy needed to excel, making Hiring.zycto the ideal place to advance your expertise and make a tangible impact on the future of financial services.
Job Description
Join Hiring.zycto as a Compliance Manager, where you will play a pivotal role in upholding our commitment to regulatory integrity and ethical practices within the dynamic banking landscape. This is an exceptional opportunity for a seasoned compliance professional to lead and innovate within a forward-thinking financial institution. As a Compliance Manager, you will be instrumental in developing, implementing, and overseeing comprehensive compliance programs, ensuring strict adherence to all relevant financial regulations, policies, and internal controls. You will be at the forefront of identifying emerging risks, interpreting complex regulatory requirements, and translating them into actionable strategies that safeguard our operations and reputation.
Your expertise will be crucial in fostering a robust compliance culture across various business units. This role demands a proactive and analytical mind, capable of managing multiple projects, conducting thorough risk assessments, and providing expert guidance to senior management. You will be responsible for preparing detailed compliance reports, facilitating training sessions, and acting as a key liaison with regulatory bodies during examinations. We are looking for an individual who thrives in a challenging environment, possesses exceptional communication skills, and demonstrates unwavering dedication to ethical conduct. If you are passionate about shaping the future of banking compliance and are ready to make a significant impact, we encourage you to apply. This role offers not only professional growth but also the chance to contribute to a company that values innovation, transparency, and a customer-centric approach to financial services.
Key Responsibilities
- Develop, implement, and maintain robust compliance policies, procedures, and internal controls in line with evolving regulatory requirements and industry best practices.
- Monitor and analyze new and revised banking regulations (e.g., OSFI, FINTRAC, FCAC) to assess impact on business operations and ensure timely adaptation.
- Conduct regular compliance risk assessments across various banking functions, identifying potential areas of non-compliance and recommending corrective actions.
- Oversee and manage the firm's anti-money laundering (AML) and anti-terrorist financing (ATF) programs, ensuring adherence to FINTRAC guidelines.
- Provide expert compliance advice and guidance to business units, senior management, and staff on regulatory matters and compliance risks.
- Prepare comprehensive compliance reports for senior management, board committees, and regulatory bodies.
- Develop and deliver compliance training programs to educate employees on their regulatory obligations and internal policies.
- Act as a primary point of contact for regulatory examinations and audits, facilitating information requests and ensuring accurate responses.
- Investigate and resolve compliance issues, complaints, and breaches, ensuring appropriate remedial actions are taken and documented.
- Stay abreast of global regulatory trends and industry developments, proactively identifying potential implications for the company.
Required Skills
- Minimum 5 years of progressive experience in compliance within the banking or financial services industry.
- In-depth knowledge of Canadian banking regulations, including OSFI guidelines, FINTRAC requirements, and consumer protection legislation.
- Proven ability to interpret complex regulatory frameworks and translate them into practical business solutions.
- Strong analytical and problem-solving skills with meticulous attention to detail.
- Excellent written and verbal communication skills, capable of presenting complex information clearly and concisely.
- Demonstrated ability to manage multiple projects simultaneously and meet deadlines in a fast-paced environment.
- High level of integrity, ethical conduct, and professional judgment.
- Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint).
Preferred Qualifications
- Bachelor's degree in Business Administration, Finance, Law, or a related field.
- Relevant professional certifications such as Certified Anti-Money Laundering Specialist (CAMS), Certified Compliance Professional (CCP), or equivalent.
- Experience with compliance management systems and risk assessment tools.
- Previous experience interacting with regulatory bodies such as OSFI or FINTRAC.
- Master's degree or Juris Doctor (JD).
Perks & Benefits
- Competitive salary and performance-based bonuses.
- Comprehensive health, dental, and vision benefits package.
- Generous paid time off and flexible work arrangements.
- Defined contribution pension plan with company matching.
- Opportunities for continuous learning, professional development, and certification sponsorship.
- Employee wellness programs and mental health support.
- Vibrant and inclusive company culture with employee recognition programs.
- Modern office environment with state-of-the-art technology.
- Commuter benefits and discounted gym memberships.
How to Apply
To seize this exciting opportunity and contribute to our thriving team, please click on the application link below to submit your resume and cover letter. We look forward to reviewing your qualifications and learning how your expertise can enhance Hiring.zycto’s commitment to compliance excellence.