Associate Manager, RCM Monitoring
2 weeks ago
Being a traditional bank just isn't our thing, so we challenge ourselves to get creative in providing innovative banking solutions for Canadians.
How do we get there? With a talented team of inquisitive and agile challengers that break through the status quo. So, if you're passionate about redefining the future of banking—while having fun—this could be your next big opportunity.
Our company continues to grow, and today we serve more than 670,000 people across Canada through Equitable Bank, Canada's Challenger Bank, and have been around for more than 50 years. Equitable Bank's wholly-owned subsidiary, Concentra Bank, supports credit unions across Canada that serve more than six million members. Together we have over $125 billion in combined assets under management and administration, with a clear mandate to drive change in Canadian banking to enrich people's lives. Our customers have named our EQ Bank digital platform ) one of the top banks in Canada on the Forbes World's Best Banks list since
The Work
The Associate Manager, Regulatory Compliance Management (RCM) Monitoring & Testing, will support the Senior Manager in the identification, assessment, management, monitoring, and reporting of the Bank's Regulatory Compliance Program on an enterprise-wide basis, ensuring alignment with OSFI E-13 guidance. The role will focus on assisting with monitoring and testing activities on controls related to regulatory requirements such as the Bank Act, Anti-Money Laundering/Anti-Terrorist Financing, Privacy, Consumer Provisions, Whistleblower, FATCA, and CASL. Regulatory Compliance Management
- Oversee operational support in managing compliance-related issues using the Bank's RCM Tool (Resolver), including maintaining issue records and facilitating resolutions.
- Assist, and lead where appropriate, in the implementation and maintenance of enterprise-wide compliance policies and procedures that support the RCM Program.
- Manage the execution of the Annual Test Plan coordination activities with business units.
- Collaborate with other RCM team members including Managers, RCM M&T, and Business Units to assess compliance risks and assist in the development of regulatory controls.
- Ensure maintenance and governance of compliance documentation and update policies, procedures, and templates as necessary.
- Coordinate internal audits and regulatory reviews, ensuring collaboration with key stakeholders and assisting with RFI requests.
- Monitor and analyze regulatory developments and provide summaries of compliance trends to management, as necessary.
- Conduct compliance monitoring and testing activities under the guidance of the Senior Manager to ensure adherence to regulatory controls.
- Assist in the evaluation of the adequacy and effectiveness of compliance controls and recommend improvements.
- Review and validate findings, ensuring timely tracking and resolution of issues and assist in preparing comprehensive reports for RCM Leadership Team and senior management.
- Drive organization-wide awareness of the RCM program by managing communication initiatives and supporting the development and delivery of training programs.
- Proactively contribute to the preparation of management and Board-level reports related to compliance monitoring, testing activities, and issue tracking, ensuring accuracy and alignment with reporting standards.
- Analyze compliance-related data to identify emerging trends, recurring themes, and potential risk areas, and provide actionable insights to senior leadership.
- Manage the tracking and reporting of regulatory compliance gaps and remediation efforts, ensuring timely resolution and escalation of critical issues as needed.
- Undergraduate degree in business, finance, law, or a related field (or equivalent work experience).
- Excellent communication skills for preparing reports and interacting with multiple Business Units.
- Minimum of 3-5years of experience in regulatory compliance, auditing, or risk management within a financial institution.
- Familiarity with regulatory requirements such as the Bank Act, AML/ATF, Privacy, and federal consumer protection laws.
- Strong analytical skills with the ability to interpret regulatory requirements and compliance risks.
- Highly organized with attention to detail and the ability to manage multiple tasks effectively.
- High proficiency in Microsoft Office (Word, Excel, PowerPoint) and Microsoft Visio.
- Experience using compliance management (GRC) tools or direct experience using Resolver preferred.
Equitable Bank is deeply committed to inclusion. Our organization is stronger and our employees thrive when we honour and celebrate everyone's diverse experiences and perspectives. In tandem with that commitment, we support and encourage our staff to grow not just in their career path, but personally as well.
We commit to providing a barrier-free recruitment process and work environment for all applicants. Please let us know of any accommodations needed so that you can bring your best self to the application process and beyond. All candidates considered for hire must successfully pass a criminal background check and credit check to qualify for hire. While we appreciate your interest in applying, an Equitable recruiter will only contact leading candidates whose skills and qualifications closely match the requirements of the position. We can't wait to get to know you
-
Toronto, Ontario, Canada RBC Full timeJob DescriptionRCM Technology Support:RCM Change Request SiteEnd to end monitoring and maintenance of the RCM Change Request Site in collaboration with RCM Governance, and accurate completion of all change requests in a timely mannerRCM Technology MailboxEnd to end stakeholder support to resolve RegComp related technical queriesProduction Incident Tickets...
-
Toronto, Ontario, Canada RBC Full timeJob DescriptionWhat is the Opportunity?The Associate Director (AD), Regulatory Compliance Management (RCM) acts in a first line of defense capacity for Group Risk Management (GRM) globally. The AD supports GRM's compliance with the OSFI Requirement – E-13: RCM program, providing guidance and facilitating the implementation of the main program elements. The...
-
Toronto, Ontario, Canada RBC Full timeJob DescriptionWhat is the Opportunity?The Associate Director (AD), Regulatory Compliance Management (RCM) acts in a first line of defense capacity for Group Risk Management (GRM) globally. The AD supports GRM's compliance with the OSFI Requirement – E-13: RCM program, providing guidance and facilitating the implementation of the main program elements. The...
-
Toronto, Ontario, Canada CIBC Full timeWe're building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what's right for our clients.At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and...
-
Toronto, Ontario, Canada CIBC Full timeWe're building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what's right for our clients.At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and...
-
Manager, Non-Financial Risk Management
4 days ago
Toronto, Ontario, Canada KPMG Canada Full timeOverviewKPMG, you'll join a team of diverse and dedicated problem solvers, connected by a common cause turning insight into opportunity for clients and communities around the world.KPMG'sRisk Managementprofessionals help companies manage complex regulatory, governance, operational and compliance risks by shaping their risk and business strategies to...
-
Compliance Testing Manager
15 hours ago
Toronto, Ontario, Canada TD Full time $91,200 - $136,800Work Location:Toronto, Ontario, CanadaHours:37.5Line of Business:CompliancePay Details:$91,200 - $136,800 CADTD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been...
-
Toronto, Ontario, Canada TD Full timeWork Location:Toronto, Ontario, CanadaHours:37.5Line of Business:CompliancePay Details:$145,000 - $200,000 CADTD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been...
-
Risk Monitoring, Senior Associate
1 week ago
Toronto, Ontario, Canada State Street Full time US$51,000 - US$84,000Who we are looking forWe seek a detail-oriented, motivated professional to join our centralized risk monitoring team. The ideal candidate thrives under deadlines, communicates clearly, and works well both independently and collaboratively.Why this role is important to usThis position is key to our first line of defense, ensuring payment and settlement...
-
Associate, Controls Testing
7 days ago
Toronto, Ontario, Canada RBC Full timeJob DescriptionWhat is the opportunity?As a member of the Capital Markets (CM) Operational Risk Controls & Governance (ORC&G) group, the incumbent will be responsible for leading control design and operating effectiveness assessments, supporting governance/reporting of control assessment outputs and conclusions, and assisting management as required in the...
