Financial Regulation Expert
4 days ago
Medavie is a national health solutions partner that puts people first in everything we do. With a team of 8,000+ professionals, we bring a cross-section of diverse life experiences and career expertise to the table.
We aim to improve the wellbeing of Canadians so that every life can be lived to the fullest. Our award-winning culture celebrates individuality and values the diverse perspectives and skills our employees contribute.
As a Financial Regulation Expert, you will be part of a dynamic team that creates industry-leading solutions in insurance, primary care, and emergency medical services that impact millions of lives in Canada each year.
About the RoleWe are seeking a highly experienced Financial Regulation Expert to join our team as a Finance Regulatory & Compliance Manager. In this role, you will be responsible for managing the organization's regulatory capital, financial reporting, and internal controls.
You will work closely with reputable third-party investment managers and advisors to ensure compliance with existing policies and implement new ones when required. Your goal will be to understand the impact of various business scenarios on regulatory capital and maintain appropriate cash management policies and procedures.
Key Responsibilities- Regulatory Capital Management: Plan, monitor, and manage the organization's use of regulatory capital, ensuring compliance with existing policies and implementing new policies when required.
- Financial Reporting: Ensure timely and accurate preparation of regulatory filings (Provincial regulators, OSFI/AMF) as well as other financial reporting requirements.
- Cash Management: Maintain appropriate cash management policies and procedures, balancing cash flow needs with investment strategy.
- Internal Controls: Document, review, monitor, and identify opportunities for enhancement of internal controls.
- Accounting Standards: Review, analyze, and implement processes and controls relating to changes to accounting standards.
- Compliance Oversight: Oversee compliance with the Statement of Investment Policies and Procedures (SIPP), performance analysis, and quarterly reporting to the Board of Directors.
To be successful in this role, you will need:
- A university degree with a focus in accounting or finance.
- 10+ years of related regulatory and compliance experience in the insurance/banking industry.
- CPA designation or equivalent.
- Strong communication skills with experience interacting with senior-level management.
- English language proficiency, both written and verbal.
- Bilingualism (FR/ENG) considered an asset.
The estimated annual salary for this role is $120,000 - $150,000 CAD, depending on experience.
BenefitsAt Medavie, we offer a comprehensive benefits package, including competitive pay, flexible work options, and opportunities for personal and professional growth.
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