Manager, Trade Compliance

Aviso:

At Aviso, we are dedicated to improving the financial well-being of Canadians. As a leading wealth management organization, we are committed to leadership, innovation, partnership, responsibility, and community. Working with talented and energetic professionals who exemplify our values every day, you will quickly notice that our people and dynamic ‘oneaviso’ culture sets us apart. If you are looking for interesting and challenging work, at a company committed to its people, find out more about what Aviso has to offer at www.aviso.ca.

The Opportunity:

We’re looking for a Manager, Trade Compliance to join our Compliance team.

Reporting to the Director of Trade Compliance the Manager, Trade Compliance is responsible for maintaining and developing an effective trade compliance program for all business lines of Aviso Financial Inc (online brokerage, full service, institutional and correspondent). This includes leading the supervision of day to day activities of Trade Compliance though delegation of tasks, providing trade compliance guidance, advise and support to Trade Compliance Officers and other business units, and monitoring performance and the effectiveness of trade compliance processes, in accordance with regulatory requirements established by the Canadian Investment Regulatory Organization, and the provincial Securities Commissions, as well as AFI internal policies and procedures. This role will be a subject matter expert on the Universal Marketplace Integrity Rules (“UMIR”) and have a team of Trade Compliance Officers reporting to them. In addition, the role plays a key part in monitoring market conduct, regulatory reporting and trade surveillance to fulfill US SEC reporting obligations under SEC Form 13F and 13H.

Who you are:

- Service – You put your clients’ needs first. You advocate service excellence, and work to deliver client-centric solutions, and proactively develop strategic partnerships that allow Aviso Wealth to become a trusted advisor and partner
- Execution – You are committed to achieving your goals and to succeed. This includes focusing on “getting things done”, as well as recognizing and taking advantage of opportunities as they arise. You are consistently looking for ways to improve your personal best and see value in continuous improvement. You take accountability for your actions and learn from mistakes
- Collaboration – You work collaboratively with others with the common goal of driving positive results. Making meaningful contributions to your team to achieve organizational goals is a priority. You proactively encourage collaboration, build trust and inclusion, and work to establish effective relationships both inside and outside of the organization
- Leadership – You lead your team and provide regular direction, guidance, coaching, and motivation, all while striving for peak performance. You assist them in overcoming obstacles through additional resources, removal of roadblocks, and providing the level of support required for their success. You delegate and deliver feedback based on the in-depth understanding of your individual team members.

What your day looks like:

- Quarterly Trade Supervision Review (QTR), managing completion of annual ETR testing, and collecting annual certification/attestations; escalate any deficiencies or concerns identified and assist Director Trade Compliance to implement, amend and/or enhance policies and procedures and update process documents
- Collaborating with the Capital Markets team and other divisions to solution trade compliance requirements
- Assist in preparing Best Execution Committee materials
- Support Trade Compliance Officers with escalations and subject matter expertise
- Communicating with introducing brokers regarding any trade compliance concerns and tracking issues to ensure resolution
- Provide day-to-day trade compliance education support to all business lines
- Preparing monthly Compliance Newsletter content
- Manage the firms obligations under SEC Form 13F and 13H including trade data gathering, validation, and filing.

Requirements

- Post secondary degree in related field combined with 5 - 7 years industry experience in trade compliance, market surveillance or regulatory oversight preferably within an investment dealer or wealth management firm
- 2 to 4 years of people management experience
- Good knowledge of CIRO rules, CSA instruments, OSC/AMF requirements and applicable securities laws.
- Experience with trading platforms, market surveillance systems and data analysis tools (e.g. Position Watch, Dataphile, Nasdaq NTS)
- Successful completion of the IDSC and the requisite courses for registration as a CIRO Supervisor are required.
- Completion of the Options Supervisor Course and the Canadian Commodities Supervisor Course are preferred
- CIRO - Registration as a supervisor as equity and options or willing to take it for futures
- Excellent Analytical/investigative skills and attention to detail
- Disciplined work ethic and committed to producing excellence in work output
- Proficient in Microsoft Outlook, Excel and Word
- Fluent communication skills in English are required and bilingual skills in French are an asset

Benefits

Why Aviso?

At Aviso, you will find a dynamic and inclusive culture that rewards innovation and celebrates success.
Here are a few things that set us apart:

- Competitive compensation package that rewards and recognizes individual contributions
- Excellent health, dental and insurance benefits to meet the diverse needs of our employees
- Generous vacation time, fitness benefit, parental leave top-up options
- Matching contributions to our retirement program
- Commitment to the continuous improvement of our staff through learning & development and an education assistance program
- Regular social events to foster teamwork

Your Information

By submitting your application, you consent to the collection, use, and disclosure of your provided personal information for the purposes of assessing your qualifications and suitability for employment with Aviso. Your information will be handled in accordance with applicable Canadian privacy laws, including the Personal Information Protection and Electronic Documents Act (PIPEDA) and relevant provincial legislation. Your data may be shared with authorized personnel involved in the recruitment process and retained only as long as necessary to fulfill these purposes or as required by law.

Further information is available on the Privacy link on our Career Page – Privacy Policies

Equal Employment Opportunity

Aviso welcomes and encourages applications from all qualified individuals including persons with disabilities. If you require an accommodation, we will work with you to meet your needs in all stages of the hiring process.

We thank all applicants for their interest, however, only those selected for further consideration will be contacted.

No recruiters or agencies, please.

Company Overview:

Aviso is a leading wealth management and investment services provider for the Canadian financial industry, with approximately $145 billion in total assets under administration and management, and over 1,000 employees. We’re building a comprehensive, technology-enabled, client-centric wealth services ecosystem. Our clients include our partners, advisors, and investors. We’re a trusted partner for nearly all credit unions across Canada, in addition to a wide range of portfolio managers, investment dealers, insurance and trust companies, and introducing brokers. Our partners depend on Aviso for specific solutions that give them a competitive edge in a rapidly evolving, highly competitive industry. Our investment dealer and mutual fund dealer and our insurance services support thousands of investment advisors. Our asset manager, NEI Investments, specializes in investing responsibly. Our online brokerage, Qtrade Direct Investing®, empowers self-directed investors, and our fully automated investing service, Qtrade Guided Portfolios®, serves investors who prefer a hands-off approach. Aviso Correspondent Partners provides custodial and carrying broker services to a wide range of firms. We have offices in Toronto, Vancouver, Montreal, and Winnipeg. Aviso is backed by the collective strength of our owners: the credit union Centrals, Co-operators/CUMIS, and Desjardins. We’re proud to power businesses that empower investors.

A career with Aviso means being part of a group of talented, energetic professionals who live their values every day, and belonging to an organization dedicated to your success and career development. If you’re looking for interesting and challenging work, at a company committed to its people, apply to join our team.

Salary

This position is posted with an expected salary range of $100,000 - $110,000 CAD annually. Individual compensation packages are based on various factors unique to each candidate and the requirements of the position.