Log In
Sign Up
Job Description
Current work authorization for Canada is required for all openings
Who We Are
At Fidelity, we’ve been helping Canadian investors build better financial futures for over 35 years. We offer individuals and institutions a range of trusted investment portfolios and services – and we’re constantly seeking to find new and better ways to help our clients. As a privately owned company, we boldly embrace innovation in all areas as we continue to grow our business into the future.
Working with us means you’ll be part of a diverse and dedicated group of people who make a real difference for our clients and communities every day. You’ll have a wide range of opportunities to grow and develop your career in an inclusive environment where you’ll feel valued and supported to be your best – both personally and professionally.
Fidelity Clearing Canada (FCC) is the leading independent clearing broker and custodian in the Canadian market. We provide trade execution, clearing, custody and back-office support services to Canadian-based brokerage firms and the Canadian brokerage arms of U.S.-based firms.
For more information about Fidelity Clearing Canada, please visit https//clearing.fidelity.ca/
What We Do
The Regulatory Compliance Manager reports to the Director, Compliance and is primarily responsible for the daily operations, including but not limited to Complex account review, AML, privacy and inquiry responses. Key areas of accountability including Complex account review and inquiry responses. In addition, position will involve direct responsibility for regulatory reporting and acting as a backup to other members of FCC Compliance team. You will provide subject matter expertise for system development, assist with staff training, generate reporting metrics for periodic reporting to the Board of Directors. You will also provide backup for other Risk and Compliance functions and will be a member of a team of compliance professionals dedicated to meeting the requirements of an ever-evolving regulatory landscape.
How You’ll Make An Impact
Compliance and risk support
- Review and resolve general inquiries and daily operational requests in the Compliance mailbox and system platform
- Assist with request escalations to ensure requests are resolved accordingly
- Assist as required in processing and analysis of risk daily workflow.
- Assist with answering and/or guidance with general compliance inquiry
- Assist and/or act as a backup for response to regulatory requests.
- Assist with regulatory audit requests
- Assist with advising, training, and development of awareness on compliance related issues among FCC staff which may involve both staff training and support.
- Interpret both internal policies and regulatory instruments to resolve both client and staff related issues.
- Assist with update and review existing policies and procedures annually or as required.
- Assist with regulatory report testing
Incident escalation and management
- Ensure all incidents are escalated appropriately to the Director, Compliance and/or Chief Compliance Officer.
- Assist with regulatory reporting of high-risk items to either FINTRAC or IIROC.
- Record keeping and retention of all back up materials.
- Analyze daily trade activity to determine flags which are appropriately tracked.
Anti-Money Laundering
- Ensuring all incidents are escalated appropriately to the Director, Compliance and/or Chief Compliance Officer.
- Assist with regulatory reporting and monitoring of high-risk items
- Assist with reviewing and dispositioning any alerts from name scanning and transaction monitoring systems
Privacy
- Assist with reviewing and resolve privacy incidents
- Analyze, interpret and communicate privacy rules
Trade surveillance
- Assist with daily operation of the Trade Surveillance Program.
- Assist with daily investigation of alerts relating to possible manipulative and deceptive practices, insider trading and trading on material non-public information; oversight of testing of manual trade tickets; daily testing of order flow to detect possible trade-throughs; oversee testing for correct order marking and submit order marker correction requests; support creation of periodic management reporting of the Surveillance program; daily statistical tracking of all surveillance testing measures.
- Gathering and analyzing trade and market data against Universal Market Integrity Rules (UMIR) to identify manipulative and deceptive trading activity.
- Assist with regulatory reporting such as short position reporting, Large Open Position Reporting and Fixed income reporting.
What You Will Bring
- Strong analytical skills.
- Deep understanding and working knowledge of industry related topics, such as QI/FATCA/CRS, AML regulations, fundamental trading knowledge, compliance and supervision knowledge and other the New SRO and CSA regulations
- Strong communication, written, verbal and presentation skills.
- High level of proficiency with Microsoft Excel. Good working ability with MS Word and PowerPoint.
- Strong interpersonal skills; proficient at providing and accepting feedback.
What We’re Looking For
- 5 or more years’ experience in the investment dealer industry, including experience in compliance roles
- Completion of University degree
- Comprehensive knowledge of security industry rules, include but not limited to securities, mutual funds, AML, privacy etc.
- Obtained or working towards CSC and/or working towards Certificate in Investment Dealer Compliance
- Experience in managing mailbox with various types of requests in a fast-paced environment
- Strong interpersonal, communication, written, verbal and presentation skills; proficient at providing and accepting feedback.
- High level of proficiency with Microsoft Office
Fidelity Canada is an equal opportunity employer
Fidelity Canada is committed to fostering a diverse and inclusive workplace. We will consider all qualified applicants for employment regardless of race, color, religion, sex, sexual orientation, gender identity or expression, national or ethnic origin, age, disability, family status, protected veterans’ status, Aboriginal/Native American status or any other legally-protected ground.
Accommodation during the application process
Fidelity Canada welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in the selection process. If you require an accommodation, please email us at FidelityCanadaStaffing@fidelity.ca.
No telephone inquiries or agencies please. We thank all applicants for their interest, please be advised that only those selected for an interview will be contacted.
Why Work at Fidelity?
We are proud to be recipients of the following
Awards
- Canada’s Top Family-Friendly Employers 2023 (7th consecutive year)
- Canada’s Top 100 Employers 2023 (7th consecutive year)
- Greater Toronto’s Top Employers 2023 (10th consecutive year)
- Canada’s Top Employers for Young People 2023
- Venngo Healthy Workplaces Award Workplace Benefits Awards – Health and Wellness Program
- HRDC Best Places to Work 2023
Designations
- A Canadian Compassionate Company
- Great Place to Work (Dec 2022 – Nov 2023)
- Best Workplaces for Women 2023 by Great Place to Work
