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Responsible to facilitate timely and accurate KYC onboarding activities for existing customers for the Canada region, including liaison with other regions as required. The incumbent is also responsible for managing workloads and providing team leadership on day-to-day matters to the onboarding operations staff in Toronto Responsible for the development and implementation of regulatory onboarding activities, including: Dodd-Frank, EMIR, FATCA/CRS, Canada trade reporting Understanding of OTC Derivative regulation, particularly Dodd-Frank Act and Canadian Derivative Reporting (CANDER) Drive client-centric, efficient, and compliant KYC and regulatory onboarding and ongoing reviews of clients in Canada and across global offices. Facilitate the onboarding of clients directly as well as resolve day to day matters for the onboarding teams through coordination with clients, trading desks/bankers, compliance, and senior management as required. Rapidly triage and escalate complex issues for resolution Provide leadership, day to day oversight, and workload management for the regulatory onboarding staff in Canada. Lead in the recruitment, management, and ongoing development of staff Play a key role in the ongoing development of both tactical process changes to centralize AML and regulatory onboarding requirements for our businesses globally. Provide subject matter expertise in the ongoing structuring and continued robustness of the onboarding process including process changes required to ensure onboarding activities are compliant with regulatory reform impacting the division globally (e.g., Dodd Frank, FATCA/CRS, EMIR, etc.) Continually acquire and enhance knowledge of both the Bank’s and the Division’s business strategies and policies, risk management practices and methodologies, product offerings, financial markets, financial instruments, regulatory requirements, Back Office processes, and rapidly changing competitive landscape to assist in driving continuous improvement in efficient and client-centric regulatory onboarding procedures. Create and develop a centre of excellence team focused on customer and to drive the client onboarding experience Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions, and actively pursue effective and efficient operations of his/her respective areas in accordance with Company Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk Champion a high performance environment and contributes to an inclusive work environment MPI does not discriminate on the basis of race, religion, sex, sexual orientation, gender identity or expression, age, disability, marital status, or based on an individual’s status in any group or class otherwise protected under applicable human rights legislation. MPI encourages applications from minorities, women, the disabled and all other qualified applicants At least 10-15 years of financial services experience. Preference will be given to direct experience dealing with regulatory agencies such as the NFA or CFTC, or in a similar position in the financial services industry An in depth understanding of capital market operations and trade lifecycle expertise, and working familiarity with the corporate and investment banking business A working understanding of AML/KYC regulatory standards and processes in relevant jurisdictions Recognized expertise of current and anticipated regulatory frameworks impacting client onboarding globally – namely, evolving KYC/AML standards, OTC Derivatives Reform, and FATCA/CRS. Local market experience in Canada, as well as broad exposure to regulatory trends and practices by key regional regulators, including OSFI, FINTRAC, CFTC, OSC, IIROC etc., is preferred Strong business and regulatory acumen, sound judgment, and critical thinking skills. The incumbent must be a leader with strong interpersonal, communication and negotiation skills in order to build consensus and obtain co-operation from clients, colleagues, and senior management. Demonstrated successful team leadership and change management experience is required. In addition, excellent time management and organizational skills are required Strong written and oral communication, presentation and interpersonal skills to effectively communicate complex concepts. Strong planning and organization skills Ability to work independently and effectively Excellent critical thinking and process design skills Sound judgment in identifying risks in order to proactively escalate with relevant senior management Demonstrated ability to operate at a strategic level Professionalism, sensitivity, and discretion required, including stringent confidentiality requirements Ability to solve problems, multi-task and manage changing priorities Detail-oriented and collaborative team player Our client is a global financial services company. Clear path for internal mobility Medical, Dental RRSP Annual bonus
