Compliance Advisor

3 months ago


North York, Canada Shinhan Bank Canada Full time

**Primary Purpose of the Role**:
The Compliance Advisor assists the Director, Compliance in matters relating to applicable Laws and Regulations: Bank Act (BA), Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA), CDIC Deposit Insurance Information By-law, CDIC Differential Premium By-law, Income Tax Act, Labour Code, Personal Information Protection and Electronic Documents Act, Copyright Act, Privacy Act, etc.

**Key Responsibilities**:

- Conduct risk assessment once new or changing regulations
- Provide regulatory updates to relevant departments
- Establish/Manage/Monitor Ethidex
- Notifying each business unit for updates and review each department’s work
- Assistant CCO to determine whether it is appropriate and complete for any deficiencies taking an action plan and follow up
- Review Terms and Conditions or other official forms
- Contract review and maintain centralized list of all of its outsourcing arrangement up to date
- Monitor and review customers’ complaint
- Update Compliance training material
- File OSFI Corporate return (RRS)
- Make sure obtained annual attestation, Related party questionnaire, and code of conduct from all members (Board of Directors)
- Manage DTR (Declaration of Tax Residence) management/reporting
- File FCAC quarterly reporting and act as a liaison, RM to FCAC
- Monitor and manage any Litigation/Claims/official requests such as Court order and external letter (CRA, Police, or other law enforcement)
- Support CCO to oversight Bank’s Compliance framework that includes Policy and Procedures whether appropriate
- Support CCO to prepare Board Report - Quarterly/annually Compliance Report

**Education Requirements**:
Bachelor’s Degree or graduate degree required (Business, finance, law or related filed)

**Work Experience Requirements**:

- 5-10 years experience working in a banking industry is required for this position
- Legal background is considered a significant asset

**Language Requirements**:
Required : English

Preferred: Korean

**Job Types**: Full-time, Permanent

**Salary**: $60,000.00-$74,500.00 per year

**Benefits**:

- Company pension
- Dental care
- Extended health care
- Life insurance
- Tuition reimbursement
- Vision care
- Work from home

Flexible Language Requirement:

- French not required

Schedule:

- Monday to Friday

Supplemental pay types:

- Bonus pay
- Overtime pay

Ability to commute/relocate:

- North York, ON M2N 6L7: reliably commute or plan to relocate before starting work (required)

**Education**:

- Bachelor's Degree (preferred)

**Language**:

- Korean (preferred)

Work Location: In person


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