Regulatory Compliance Manager, Regulatory Developments

Location(s): Greater Vancouver Area; Greater Toronto AreaJob Type: Full Time RegularmyWork Program: HybridStarting Salary Range: $95,900.00 - $120,000Background Screening Requirement:Enhanced Criminal Record CheckCredit CheckIdentity VerificationEmployment VerificationReferencesJob PurposeAs a member of the Regulatory Compliance Management (RCM) Team, the Regulatory Compliance Manager, Regulatory Developments contributes to the execution of Coast Capital’s RCM Program and facilitates business units navigating regulatory changes and ensures operational process and procedures adhere to regulatory obligations. This role includes continuously monitoring of new regulatory developments and other ongoing changes to the regulatory landscape, managing the regulatory library/ inventory of all applicable governing legislation and controls and/or detecting instances of non-compliance, including the assessment of the materiality of applicable regulatory requirements.AccountabilitiesRegulatory MonitoringIdentifies, monitors and maintains emerging/changing/new legislation and existing legislation Coast Capital must comply with.Analyzes industry emerging trends, laws and regulations, including review & analysis of regulatory announcements, reports, and legislative changes (e.g. regulatory consultations, proposed guidance, new regulations).Develops, manages and maintains the listing of all regulatory requirements to which Coast Capital is subject.Communication - EngagementDelivers preliminary applicability assessment and quantifies the potential impact(s).Facilitates Coast Capital’s Business Units to navigate regulatory changes by notifying and communicating with the impacted stakeholders, ensuring regulatory developments are identified, assessed and actioned.Creates concise summaries of regulatory changes for oversight functions.Collaborates with leadership and key stakeholders at all levels to build a culture of compliance regarding regulatory processes and tools.Prepares the monthly newsletter on all regulatory changes for communication to the Organization.Regulatory LibraryContributes to the continuous improvement of the regulatory library supporting the Regulatory Compliance Management Framework (RCMF).Manages and notifies Corporate Compliance of updates required to the online regulatory library, identifies changes and communicates them to the affected owners.Tracking and ReportingResponsible for daily tracking and monthly and quarterly reporting on regulatory changes and supporting adhoc requests from stakeholders.OtherHelp with ad-hoc projects. Documenting standard operating procedures, drafting regulatory procedures. Cross-training within the Compliance Team when needed.Skills & QualificationsLevel of Education: Bachelor’s Degree or equivalent combination of education and/or experience4-6 years of experience in a similar role with comparable work; previous experience interpreting regulations within a Bank or Federally Regulated Credit Union is preferredExcellent knowledge of legislation and regulations impacting Federal Credit Unions and BanksExcellent ability to analyze, interpret, synthesize, simplify and communicate complex legislative and regulatory requirementsKnowledge of financial products and servicesStrong project management skills with a proven track record of success with regulatory compliance and technology-based compliance projectsExperience with technology monitoring systems, willingness to learn and use other technology monitoring systemsExcellent communication skills, proactive and driven for resultsComfortable dealing with individuals at all levels of the Credit UnionExcellent communication skills, both verbal and writtenStrong ability to handle complex issues and a high-volume workload with varied time expectationsDetail-oriented with multi-tasking, analytical, time management and organizational skillsAbility to work effectively both independently and as a team memberCritical thinker and proactive workerAbility to find efficiencies and confidence to offer suggestions for improvementsEquity, Diversity & InclusionDon’t meet every single requirement? At Coast Capital, we believe everyone has potential. We are committed to building better, brighter, more inclusive futures for everyone – including our employees. If you’re excited about this career opportunity and your experience may not perfectly align with every qualification in this job posting, we still encourage you to apply. You may be just the right candidate for this or other opportunities at Coast Capital.At Coast Capital, we are committed to equity, diversity and inclusion. We strongly encourage applications from Indigenous Peoples, Black, and racialized persons, persons with disabilities, people of diverse sexual and gender identities and women. We value applicants who have demonstrated a commitment to equity, diversity and inclusion and recognize that diverse perspectives, experiences and expertise benefit our employees, our members, and our community.Coast Capital is committed to providing an accessible recruitment experience. If you are a candidate with a disability and require accommodation(s) during any stage of the recruitment process, please contact us at accessibility@coastcapitalsavings.com or 778-391-5836. This contact is intended solely for inquiries or feedback related to accessibility barriers, accommodation requests or alternate format requests. We will work with you to ensure your needs are met. You will only receive a response to inquiries related to these topics. #J-18808-Ljbffr