Financial & Operations Compliance Senior Examiner (Membership Intake)

About Us

As a self-regulatory organization, our mission is to promote healthy capital markets by regulating fairly and effectively so that investors are protected and confident investing in their futures. At the Canadian Investment Regulatory Organization (CIRO), we are committed to setting high regulatory standards for the investment industry, safeguarding investors, and supporting the integrity of Canada’s capital markets. Join a growing team and contribute to the dynamic and complex world of Canadian capital markets.

About Us

As a self-regulatory organization, our mission is to promote healthy capital markets by regulating fairly and effectively so that investors are protected and confident investing in their futures. At the Canadian Investment Regulatory Organization (CIRO), we are committed to setting high regulatory standards for the investment industry, safeguarding investors, and supporting the integrity of Canada’s capital markets. Join a growing team and contribute to the dynamic and complex world of Canadian capital markets.

About This Opportunity

The Financial & Operations Compliance Senior Examiner (Membership Intake) is accountable for analyzing and independently verifying the accuracy and completeness of by submitted information firms within the context of new membership applications and in-scope changes in business. They will work directly with applicants for new membership in CIRO, as well as existing Member firms that request corporate changes and material business transactions (that are in-scope for the department). The Senior Membership Intake Examiner will have expertise in the areas pertaining to Financial and Operations Compliance (FINOPS).

• Perform subject matter expert review, analysis, and recommendation of assigned new membership applications and change in business submissions from a FINOPS perspective with prescribed timelines, working in consultation with the Membership Intake Manager (FINOPS) and FINOPS, as appropriate.
• Provides solid business judgment on the handling of complex and innovative membership issues such as onboarding crypto-asset trading platforms
• Prepare written plan for analysis of assigned membership applications and changes in business to identify the key areas for review and potential issues that require consultation with Policy, Compliance and other internal or external stakeholders.
• Ensure complete tracking and documentation of their analysis of a membership application or transaction for the purpose of oversight and internal/external reporting.
• Effective verbal and/or written communications to member firms and applicants regarding their membership application or transaction, which includes the effective communication of complex matters in a clear, concise, and complete manner to ensure the Members’ understanding and responsiveness.
• Assist in the maintenance of the written procedures for the FINOPS analysis of membership applications and in-scope change in business submissions for Membership Intake.
• Contribute to process improvement and implementation relative to the application intake and analysis processes
• Complete training, as appropriate and/or assigned, to develop and maintain the appropriate expertise on new business models and products associated with membership applications and transaction submissions.
• Represent Membership Intake effectively in meetings with internal and external stakeholders, which may include senior management, applicants or their counsel, and the CSA jurisdictions.

What You Bring

Must-Haves

• Chartered Professional Accountant (CPA) designation in good standing
• A minimum of 5 years’ experience in the financial sector audit practice of a national accounting firm, enterprise risk management consulting practice, or similar risk management experience at a financial services provider, or related employment experience.
• Experience in and strong knowledge of regulatory processes and associated rules
• Excellent understanding of how to document business processes, identify related internal controls, and develop appropriate compliance tests
• Solid understanding of the CIRO Rules relating to the new membership applications and changes in business
• Ability to detect, analyze, and evaluate complex deviations, deficiencies, and non-compliance with generally accounting principles and IFRS, internal control objectives, rules, and policies
• Strong problem-solving and critical-thinking skills to address complex issues
• Ability to effectively manage competing and/or changing priorities while working within prescribed timelines.
• Ability to effectively communicate complex matters both orally and in writing

Nice-to-Haves

• Completion of an exam or course that demonstrates competency in the investment industry such as