Business Conduct Compliance Examiner

CIRO / OCRI • Toronto, ON

31d • $77,000 - $90,000 • Hybrid

About The Position

As a self-regulatory organization, the Canadian Investment Regulatory
Organization (CIRO) takes our responsibility of setting high-quality regulatory
and investment industry standards seriously, while protecting investors and
supporting healthy capital markets in Canada.

In Business Conduct Compliance (BCC), we take great pride in what we do. By
joining our dynamic and collaborative team of industry professionals, you will
have the opportunity through the examination process to make a difference for
investors and the capital markets.

As a key member of an examination team, the BCC Examiner conducts field reviews
of sales and business conduct activities of Dealer Member firm head office and
business locations. You will interpret and apply CIRO Dealer Member Rules to the
evolving business models of firms.

Requirements

• General undergraduate degree
• 2 - 4 years’ experience in compliance, audit or supervisory function with a Dealer Member, or other related employment with a securities regulatory organization
• Completion of an exam or course that demonstrates competency in the investment industry such as the Canadian Investment Regulatory Exam (CIRE), and/or Retail Securities Exam and/or Institutional Securities Exam, or other legacy courses such as the Canadian Securities Course (CSC) and Conduct and Practices Handbook (CPH) Course

Nice To Haves

• Chartered Professional Accountant (CPA) designation with auditing experience
• Ability to quickly understand the risks associated with new business lines or products and to formulate practical examination procedures to address them
• Ability to professionally and effectively communicate both verbally and in writing
• Attention to detail and ability to exercise sound judgement
• Ability to work independently in a team-oriented environment
• Ability to multi-task, adhere to timelines and work under pressure in different environments
• Ability to travel
• Completion of an exam or course that demonstrates competency in the investment industry and derivatives trading such as the Derivatives Exam, or other legacy courses such as Options Licensing Course (OLC), Futures Licensing Course (FLC), Derivatives Fundamentals Course (DFC) or Derivatives Fundamentals and Options Licensing Course (DFOL), Branch Managers’ Examination Course (BME), Completion of an exam or course that demonstrates competency in the investment industry and role of the CCO such as the Chief Compliance Officer Exam or other legacy courses such as the Chief Compliance Officers Qualifying Exam (CCO) and Investment Dealer Compliance Course (IDCC) are considered assets

Responsibilities

• Conduct an in-depth risk assessment of firm business activities to develop a comprehensive examination plan by identifying high-risk areas, documenting the risk levels of assigned examination modules, and assessing the risks associated with new products or business lines, tailoring examination procedures to address compliance with regulatory requirements
• Perform examinations by conducting walkthroughs to understand workflows and document processes, evaluating compliance with regulatory standards and assessing the effectiveness of internal controls under supervision
• Complete fieldwork within the allocated timeline, addressing review notes promptly to maintain examination quality and efficiency
• Clearly document deficiencies and communicate the findings to the firm by collaborating with the examination team to compile comprehensive examination reports, ensuring that findings are well-supported and assist with the review firm’s remediation plans for compliance with regulatory requirements
• Recommend improvements to the examination processes and methodologies, providing feedback to enhance program efficiency and effectiveness
• Interact with other compliance departments for planning, exam scheduling and info sharing purposes
• With the lead examiner, draft findings and the examination report utilizing plain language

Benefits

• Competitive base salary in alignment with market
• Performance based bonus
• Hybrid work environment
• Employer paid Health Benefits and Spending Account that offer flexibility to meet your individual or family needs as of day one.
• Defined Contribution Pension Plan with company matching that starts on your first day of employment.
• Paid flex days and sick days
• Vacation days
• Maternity Leave Of Absence /Paternity Leave Of Absence top up
• Paid continuous learning and continuing development including designations.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level