Compliance Manager, Monitoring and Testing

The Compliance Manager is responsible for supporting the effective operation of Manulife Bank’s regulatory compliance management program, including the design, maintenance and execution of Manulife Bank’s second line of defence monitoring and testing program (the “M&T Program”).

The Compliance Manager is a seasoned and experienced professional in audit, second line testing and monitoring, reviewing and interpretating banking legislation, creating test plans, and documenting requirements in plain language. The individual in this role is responsible for the preparation and delivery of monitoring and testing reports for applicable business stakeholders. The Compliance Manager must also have worked in the banking industry.

The individual in this role is responsible for maintaining Manulife Bank’s testing policies and procedures and managing any associated findings with our business partners.

In addition to the Bank Compliance team, this role interacts closely with Manulife’s Global Testing Center of Expertise, Internal Audit, Risk, Line 1B Governance and Controls team, senior leaders, Legal and broader compliance teams throughout the organization.

**Position Responsibilities**:

- Design and plan the Bank’s M&T Program, working closely with the Director, Second Line Compliance Monitoring and Testing and the Chief Compliance Officer (the “CCO”), based on regulatory expectations and level of risk.
- Conduct second line of defense monitoring and testing to ensure the effectiveness of key controls in line with Global Compliance expectations, including the development of annual testing plans, execution of the testing, control review and assessment, liaising with business stakeholders, preparing reports and facilitating the documentation of action plans working with the Line 1B Governance and Controls team.
- Communicate weaknesses in key controls to business stakeholders and make value added recommendations for improvement to mitigate compliance risks.
- Support the ongoing management of the M&T program, as well as policies and procedures to ensure that applicable regulatory requirements are met.
- Develop, update and maintain applicable team training programs.
- Ensure Manulife Bank’s RCM book of record, including testing plans, results and findings are appropriately logged in the regulatory compliance management database (RCMD) for completeness and accuracy and controls are appropriately assessed in conjunction with results within the RCMD.
- Act as a Compliance point of contact for the M&T Program.
- Work closely with the Director, Second Line Compliance Monitoring and Testing on the management of potential compliance issues and action plans along with business partners.
- Support the preparation and coordination of quarterly and annual compliance reporting and attestations, including preparing content for Board of Directors and Committee meetings.
- Responsible for maintaining records in the team SharePoint site and document repository.
- Review, prepare and develop documentation in response to regulatory requests, working with the Director, Second Line Compliance Monitoring and Testing and CCO as may be required.
- Participate in any other tasks that may be assigned from time to time.

**Required Qualifications**:

- Specialized compliance expertise and/or legal experience would be considered an asset.
- Professional designation in audit or accounting preferable, with at least 5 years of proven experience.
- Ability to review, interpret and document legislation and regulatory requirements.
- Highly organized, efficient and detail oriented.
- Excellent written and verbal communication skills, with the ability to simplify complicated messages.
- Experience with the Archer system would be considered an asset.
- Subject matter expertise in banking legislation, products and procedures in various operational areas is desirable.
- Ability to readily recognize and evaluate the impact of current or potential compliance issues.
- Ability to quickly understand business processes and their risk implications, analyze complex situations, reach appropriate conclusions, make practical recommendations and exercise good judgment in escalating issues.
- Proven interpersonal, negotiation and relationship management skills. Must be able to exchange and clarify details of information in a controlled and confident manner.
- Ability to work with fluid and changing accountabilities.
- Team player who is willing to assist team members on projects and assist in sharing workloads when necessary.
- Ability to work independently and in a team environment.
- Ability to deliver effective training on compliance issues and requirements.
- Ability to convert technical legislative requirements into suitable advice and be able to communicate difficult concepts and information to business partners.
- Ability to work with multiple objectives, conflicting priorities and complex issues.
- Ability to interact effectively with management and counter