Chief Compliance Officer

  • Company:
    SQUALUS GROUP
  • Location:
  • Salary:
    negotiable / month
  • Job type:
    Full-Time
  • Posted:
    23 hours ago
  • Category:

Reporting directly to the CEO, the CCO will be responsible for establishing and overseeing the compliance program with all regulatory requirements as they relate to dealer activities and will be a key member of the Executive team. On a day-to-day basis, key requirements include performing compliance risk assessment, monitoring, testing, reporting, regulatory tracking and training within the framework of Canadian AML, FINTRAC and CSA requirements and legislation, while balancing business, legal and regulatory considerations. Monitor and assess compliance of the firm, its registered individuals, and employees. Provide oversight, supervision, and review of all regulated activities within the firm. Ensure the firm is in compliance with rules and regulation affecting its business andadhering to its internal policies and procedures in regard to its business practices and service model. Recommend and implement policies, procedures and/or action plans to address anygaps in the firm’s compliance program and to ensure those activities are performed effectively. Managing relationships with the applicable regulators, both provincially andnationally, on behalf of the firm. Responsible for Business Conduct Compliance, Trading Conduct Compliance, andsupporting the firm’s internal controls and operations. Partner with other departments to ensure they clearly understand their role incompliance, and that their compliance activities are carried out effectively. Ensure all registrations of the firm and its individuals are in good order, and that eachregistrant meets the proficiencies of their position and maintains their continuing education requirements for both professional development and ongoing compliance knowledge. Review, maintain and update all policies and procedures within the firm as well asinstitute and document an effectiveness review of our compliance program (policies and procedures, risk assessment and training program) for the purpose of testing its overall effectiveness. Develop and maintain a written ongoing compliance training program and providetraining and compliance education to all staff members, where required by legislation and/or regulation or where otherwise needed. Test and assess the adequacy of the firm’s regulatory internal control environmentas well as establish ongoing risk assessment of business activities and relationships. Manage, identify, evaluate and make recommendations with respect to regulatoryinternal control deficiencies. Manage regulatory approvals of any new products/services offered by the firm. Maintain knowledge of new and developing compliance rules and proactively analyzehe impact of such rules. Oversee the process for handling client complaints. Review new or amended marketing materials. Lead and investigate internal and external queries related to trading activity. Report to the UDP and the Board any non-compliance events, anomalies orirregularities that present a regulatory violation or a potential or harm to the firm. Coordinate and monitor all compliance-related activities and reporting. Prepare reporting for year-end audits, regulatory audits and internal audits. Submit quarterly reports to the firms board of directors. Oversee registration process with the OSC, CSA and if necessary IIROC. Manage STR, LTR and any other reporting to FINTRAC as required. Requirements Minimum 10 years working for a regulated financial services company in a senior compliance role, including no less than 5 years in a supervisory or oversight function of a compliance program. Successful completion of: Exempt Market Products Exam or the Canadian Securities Course; PDO Exam or the CCO Qualifying Exam; and 12 months of relevant securities industry experience in the previous 36-month period Eligibility for registration with IIROC and FINRA Strong leadership and management skills. Strong oral and written communication, interpersonal, influencing and negotiation skills. Ability to effectively communicate with staff, executive management and members of the board of directors. Ability to build strong relationships and effective partnerships with internal and external stakeholders. Benefits Competitive compensation package Stock options Benefits plan