Compliance Risk Officer
4 weeks ago
About Us:
Richardson Wealth Ltd is a leading Canadian wealth management organization that offers the personal touch of a boutique firm while delivering big results.
We want to be the brand of choice for Canada's top advisors and their high-net-worth clients. To reach our goals, we are making strategic investments in technology, real estate and, most importantly, our people.
The WCA is a resource for the Branch Management Team and Advisor teams regarding industry regulations, requirements and best practices.
Job Description:
This role is accountable to ensure that the region meets all its compliance requirements as the designee for compliance and risk operations.
Support escalations and resolution on issues driven out of the daily and monthly tier-one account activity of clients, and employees.
Review & approval of all new account documentation for suitability.
New Issues/Private Placement/Syndication process approvals.
Offer guidance on compliance policy and procedure and support to advisors and their team members.
Liaise with Operations, Compliance and Credit on Compliance related issues where required.
Work with Branch Manager &/or Assistant Branch Manager to manage complaints, while working with Risk & Compliance along with Legal to resolve.
Maintain an in-depth understanding of compliance requirements for the brokerage industry and share knowledge, issues and challenges as well as sustain knowledge level for regulations.
Responsibilities:
- Act as 1st level point of escalation for compliance issues identified by the Branch, escalating to ABM and BM when applicable.
- Participate in audits and compliance reviews as assigned and conduct follow up and coaching as required.
- Communicate effectively within the region to ensure the strength and effectiveness of compliance and adoption of policies, processes at the branch level and develop action plans to improve compliance and overall compliance review results.
Requirements:
- 3 to 5 years of experience in Compliance or related experience at a CIRO regulated investment dealer.
- Proficiency with Dataphile is an asset.
- Proficiency with PortfolioAid is an asset.
- Proficient with Microsoft Office Suite.
- Canadian Securities Course (CSC), Conduct and Practices Handbook Course (CPH), Derivatives Fundamentals Course (DFC), Options Licensing Course (OLC), and Branch Managers Course (BMC).
- Licensed as Registered Representative (RR) and Supervisor with CIRO.
- Thorough knowledge of administrative policies and procedures is an asset, namely, Operations; Compliance;
Salary:
$80,000 - $120,000 per year based on qualifications and location.
Benefits:
Comprehensive benefits package including medical, dental, vision, life insurance and pension plan.
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