Peak Associates Limited: Compliance & Risk Recruiting Specialists Looking for CCO at Toronto, Ontario, Canada Full Time

Chief Compliance Officer 

Our Investment Dealer client is recruiting for a Chief Compliance Officer

The position will be remote with occasional office visits when required and with a part-time work load.

Established fifteen years ago on the concept that the client needs are paramount. The firm strives to create long-term partnership with each client by providing them with prompt, thorough advice free of conflict. 

The firm’s business segments include; Capital Markets focused on principal investments, Capital Advisors providing financial advisory and asset management services, mining advisory, and operations.

The opportunity would be of interest to someone who has multiple years of experience dealing with IIROC compliance requirements for an institutional dealer and is seeking to apply those skills in a dynamic environment by providing advice and direction and will manage and direct all aspects of the firm’s compliance programs as the sole proprietor.

• A strong commitment to ethical conduct, integrity, and a keen sense of responsibility in upholding regulatory compliance and industry best practices.
• Establishment and maintenance of policies and procedures for assessing compliance by the Dealer Member and individuals acting on its behalf.
• Monitoring and assessing the Dealer Member’s compliance with its requirements and applicable securities laws and reporting of the results to leadership.
• Reporting of all material incidents of non-compliance.
• Reasonable assurance that all standards and requirements of applicable securities laws and regulations are met.
• Identification and discussion of material findings contained within IIROC compliance reporting standards and requirements.
• Complete ownership and oversight of all aspects of regulatory compliance, including effective use of a thorough, robust monitoring program.
• Liaising with IIROC and other international regulators and managing regulatory inquiries, filings, audits and registration requirements.
• Effective communication with the regulators
• Keeping abreast of new or proposed rules and regulations.
• Regular reporting to leadership on all compliance matters, including findings of monitoring program, compliance status and compliance risk issues.
• Effective development, implementation, maintenance and supervision of policies and procedures.
• Providing support and training to business units and functional groups.
• Monitoring employee outside business activities and personal trading accounts;

Other duties as required;

• Trading and Account Supervision, Account Opening & Documentation, Registrations.
• Oversee the Trading Compliance and Money Laundry Program, functioning as an independent and objective body that reviews and evaluates compliance issues/concerns within the Firm.
• Ensures all employees comply with regulatory agencies’ rules and regulations and internal policies and procedures;
• A comprehensive understanding of IIROC dealer rules, Universal Market Integrity Rules, FINRA rules, as well as a sound understanding of Canadian provincial securities legislation applicable to trading activities and capital markets.
• Working knowledge of the National Registration Database (NRD).
• Knowledge of back-office systems and carrying broker relationship management.
• Conduct/supervise post-trade market-related surveillance to address alerts by clients and/or traders.
• Provide expert compliance advice by recommending practical solutions.
• Acts as an independent review and evaluation body to ensure that compliance concerns and complaints are appropriately evaluated, investigated and resolved.
• Review and update Compliance policies and procedures periodically and as required due to changes to regulatory and/or business requirements.
• Coordinate Compliance response to regulatory reviews, internal and external audits.
• Review issues involving Marketing and Sales Communications compliance reviews.
• Conduct compliance risk assessments and privacy impact assessments.
• Respond to regulatory requests, investigations, enquiries, etc.
• Conduct internal investigations on potential breach of rules/regulations and company policies as needed

Completion of required CCO qualifying exams and registrations, including Supervisor exams

A bachelor’s degree in finance, business, law, or a related field is an asset. 

Successful licensing as the firms Chief Compliance Officer