Chief Compliance Officer

2 days ago


Toronto, Ontario, Canada VirgoCX Full time

Company Overview

VirgoCX is a leading cryptocurrency trading platform in Canada, dedicated to providing secure and easy-to-use services for its clients. With a strong presence in the country since 2018, VirgoCX has expanded its operations to Australia, the U.S., and other regions, establishing itself as a trusted global digital asset service provider.

About the Role

We are seeking an experienced Chief Compliance Officer to join our Canadian team. As a key member of our compliance department, you will be responsible for promoting industry standards, maintaining a deep understanding of regulatory requirements, and ensuring our activities comply with applicable laws and regulations.

Responsibilities

  1. Promote a culture of compliance within the organization, setting industry standards and best practices.
  2. Maintain expertise in regulatory requirements, including NI 31-103, CIRO Investment Dealer and Partially Consolidated Rules, PIPEDA, and rules set by regulatory authorities such as the Ontario Securities Commission (OSC), British Columbia Securities Commission (BCSC), Autorité des marchés financiers (AMF), and Canadian Investment Regulatory Organization (CIRO).
  3. Establish effective supervision and control of the firm's activities to ensure compliance with applicable laws and regulations.
  4. Review and approval of new client accounts, ensuring that know-your-client (KYC) information is complete.
  5. Staff training to keep employees aware of changes to the firm's operations and changes to securities legislation.
  6. Leading and coordinating efforts related to audits, reviews, and examinations.
  7. Reviewing, responding, and investigating client complaints within a reasonable period.
  8. Reviewing and updating, for compliance and effectiveness, of all contracts and forms.
  9. Interacting with regulators on compliance issues.
  10. Providing support to the business where necessary regarding the launch of products to ensure regulatory requirements are met, as appropriate.
  11. Working cross-functionally across multiple teams to ensure execution against regulatory requirements and internal policies.
  12. Delegating responsibilities and supervising tasks of the compliance team.
  13. Reviewing and approving outside business activities (


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