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Senior Compliance Analyst
4 months ago
Your new company:
Hays Specialist Recruitment has partnered with a leading insurer located in Toronto, ON. We are looking to hire a Senior Compliance Analyst to join their team on a contract basis of 6 months, which has the possibility of extension. This candidate will be working from their Downtown Toronto Office on a hybrid basis.
Your new role:
Regulatory Compliance:
- Monitor and interpret regulatory changes in Canada.
- Ensure the organization complies with relevant laws, rules, and guidelines.
- Prepare reports for submission to regulatory authorities.
Data Calls and Reporting:
- Respond to data requests from regulatory agencies promptly.
- Compile and analyze data to create accurate reports.
- Collaborate with different statistical agencies to meet reporting deadlines.
Fidex Compliance Audit Tool:
- Utilize fidex (or similar tools) for compliance audits.
- Identify gaps and recommend corrective actions.
General Reporting and Liaison:
- Generate regular compliance reports for internal stakeholders.
- Act as a liaison between compliance, legal, and business teams.
- Communicate compliance updates and requirements effectively.
Licensing Support:
- Assist in obtaining and maintaining licenses.
- Address pending license issues with the regulator.
- Coordinate with external legal support as needed.
Policy and Procedure Assistance:
- Contribute to the development and review of compliance policies and procedures.
- Ensure alignment with regulatory standards.
Cross-Team Collaboration:
- Work closely with the US compliance team.
- Share best practices and collaborate on cross-border compliance matters.
Heavy Reporting Responsibilities:
- Manage a high volume of compliance-related reporting tasks.
- Maintain accuracy and timeliness in submissions.
Requirements
- Previous experience within compliance in an insurance company or financial services company
- Experience with FIDEX
- 3-5 years Regulatory Compliance experience
- Able to work on their own – rest of the team is in the US
