Director, Compliance Advisory Consumer Protection

Director, Compliance Advisory Consumer ProtectionJoin to apply for the Director, Compliance Advisory Consumer Protection role at HomeEquity BankDirector, Compliance Advisory Consumer Protection20 hours ago Be among the first 25 applicantsJoin to apply for the Director, Compliance Advisory Consumer Protection role at HomeEquity BankGet AI-powered advice on this job and more exclusive features.Who We AreHomeEquity Bank is a Schedule 1 Canadian chartered bank and the leading national provider of reverse mortgages, with a growing portfolio. As the only bank solely dedicated to serving homeowners 55 and up, we’re passionate about helping Canadian homeowners live retirement on their terms. We live that commitment every day, with a range of reverse mortgage solutions that include our flagship CHIP Reverse Mortgage product.Who We AreHomeEquity Bank is a Schedule 1 Canadian chartered bank and the leading national provider of reverse mortgages, with a growing portfolio. As the only bank solely dedicated to serving homeowners 55 and up, we’re passionate about helping Canadian homeowners live retirement on their terms. We live that commitment every day, with a range of reverse mortgage solutions that include our flagship CHIP Reverse Mortgage product.Our Values, Our PassionAt HomeEquity Bank, our values drive and inspire our actions with our customers, our partners and each other.Customer-Focused. Passionate AdvocatesCourage to Act. Do the Right ThingOne Team. One VisionThink Long-Term. Ever-EvolvingBe Exceptional. Inspire GreatnessPosition SummaryAs Director, Compliance Advisory Consumer Protection, you will bring together leadership, compliance expertise, and relationship management to help our customer-focused business grow. You will provide advise to the business on regulatory matters, including consumer protection and market conduct obligations. You have a strong background in banking regulations and are a relationship builder who has experience in influencing and consulting with a diverse group of business leaders and corporate stakeholders.MAJOR ELEMENTS OF THE ROLEKey Accountabilities Of This Position IncludeLead the Compliance Advisory function which is responsible for providing expert advice on business initiatives and processesProvide advice on regulations impacting new and existing products and initiativesProvide advice to the business on the implementation of regulatory changesManage the relationship and interactions with the Financial Consumer Agency of Canada (FCAC)Oversee Consumer Protection related regulations, including Sales Practices and ComplaintsOversee the status of management corrective actions in response to bank regulatory compliance issuesDevelop and maintain comprehensive policies, procedures and other regulatory compliance risk controls to ensure the Bank’s ongoing compliance with applicable laws, regulations, rules and guidelinesOversee the provision of compliance training to the Bank to ensure adequate knowledge and understanding of regulatory compliance risk and its related policies and proceduresMaintaining a strong working knowledge of applicable regulatory requirements and facilitating the management of regulatory compliance risk by proactively advising the business units of new regulations and legislation, industry compliance trends, regulatory priorities and emerging compliance trendsUnderstand expectations of auditors and regulators and partner with the Canadian Bankers’ Association (CBA) to represent the views of HomeEquity BankProvide guidance and supervision to members of the Compliance Team and ensure they remain current on regulatory changes, continuously develop their skill to meet Compliance Program expectations, and provide effective business support and challengeEnsure effective execution of compliance projects by direct reportsMentor, coach and assist compliance team members and 1B staff in the development not only of their regulatory compliance knowledge but also their ability to identify, prioritize and execute compliance activitiesQualificationsSKILLS AND EXPERIENCE REQUIREDUndergraduate degree in Business, Finance, or a related field preferred. Post-graduate degree or other related designations e.g. Law degree, CFA or equivalent experience.Significant work experience within compliance, risk management, or a legal role in a regulated financial institutionDemonstrated working experience with audit and regulatory examsProven record of innovation and process improvementsExperience implementing and managing Compliance programsAttributesSuperior communication skills (written and oral) with the ability to understand and translate complex technical issues into business impactStrong judgment and ability to effectively process information and draw meaningful/persuasive conclusionsProven ability to build and foster professional relationships and influence others effectively at senior management, peer and staff levelsAbility to adapt to rapidly changing business needs and prioritiesSelf-motivated and able to work independently and as part of a team having a “hands on” approach as well as appreciate diversity of thought and opinionsDemonstrated ability to manage multiple complex engagements simultaneously, and to prioritize work and efforts of team effectivelyWORKING CONDITIONS UNIQUE TO JOBHybrid work environmentWHY WORK AT HOMEEQUITY BANK?Great EnvironmentHomeEquity Bank offers a hybrid working environment supported with a culture of flexibility – an approach that is unique to each person, and that enables both business and individual needs to be met in a mutually beneficial way.We pride ourselves in recognizing and celebrating performance, community service, teamwork, and diversity among our employees.A Dynamic Culture – With People at the CentreWe believe our people make all the difference; our tireless commitment to inclusivity, professional development, and employee experience has been recognized through awards including the Greater Toronto’s Top Employers 2024,Waterstone Canada's Most Admired Corporate Cultures 2022-2023, the Globe and Mail's Report on Business: Canada's Top Growing Companies 2022 (third year since 2019), Canadian's Mortgage Professional (CMP) Top Mortgage Employer 2023 for the third year in a row and Achievers Top 50 Most Engaged Workplaces 2023.Growth and OpportunitiesWe provide challenging and rewarding careers in a wide variety of fields. We continuously develop and train our employees through professional growth opportunities and on-the-job training. We also encourage our employees to develop professionally and personally though a series of career developing programs including our Educational Assistance Program, designed to reimburse costs related to professional learning and development.Celebrating Great Work and PeopleWe believe in an environment that celebrates success, knowledge, leadership, and work that is inspired by our core values. For these reasons, we have created several programs that make it easy for our employees to say ‘great job’ to their colleagues and leaders.From our Appreciate Program to the High Five Award Program and President’s Award Program, we recognize professional achievement with a variety of rewards including points towards gift cards, merchandise, and travel experiences, as well as group RRSP/DPSP contributions and more.Our Community Leadership Program recognizes employees who make a positive impact in their communities through volunteer work with a grant for their charity of choice. Additionally, we provide employees with one paid day off each year to volunteer at their favourite local charity.The PerksHomeEquity Bank offers a competitive total rewards package that includes:Extended health and dental benefitsEmployee & Family Assistance ProgramEmployer-Matched Group Retirement Savings PlanEmployee Share Investment PlanWell-being initiatives including: a wellness account; virtual self-care programs and extended mental health benefitsEmployee corporate discount for GoodLife FitnessHomeEquity Bank is committed to an inclusive, equitable and accessible workplace. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.Please note that our successful candidate is required to complete a background check.Stay in the KnowAboutFind out what we’re up to online, and learn more about what makes HomeEquity Bank a great place to work:LinkedInYoutubeFacebookTwitterInstagramChip.caJoin Us If you’re ready to build the future of reverse mortgages, we want to hear from you.Seniority levelSeniority levelDirectorEmployment typeEmployment typeFull-timeJob functionJob functionLegalReferrals increase your chances of interviewing at HomeEquity Bank by 2xSign in to set job alerts for “Director of Compliance” roles.Senior Director, Regulatory Affairs - Canada - 62550Senior Manager, Relationship Management - Corporate Functions ComplianceDirector of Operations (Business & Operational Excellence)Wealth Management Compliance – Director (Hybrid)Director, Long-Term Care Operations Quality & RiskDirector, International Commercial BankingWhitchurch-Stouffville, Ontario, Canada 4 days agoWe’re unlocking community knowledge in a new way. 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