Compliance Data Analyst, Distribution

IVARI•Toronto, ON

10h•CA$35 - CA$45•Hybrid

About The Position

This is an existing position for a 6 month contract. The Compliance Data Analyst will support the Distribution Compliance program by maintaining distribution Compliance data systems and databases, and conducting various licensed agents reviews and oversight programs. As a Compliance Data Analyst you will gather risk data for agents from multiple sources and analyze it to select agents eligible for the Agent Practice Review (APR) using approved sampling criteria. Enhance the agent selection process by integrating new tools and IT architecture and optimize the review process. Develop Power BI reports to visually represent APR outcomes, providing deeper insights and trends for senior management. Review agents sales practices and market conduct according to standard APR criteria and identify gaps and draft reports including observations, recommendations and action plans. Communicate findings of reviews and monitor remediation actions. Support the Distribution Compliance team by accurately updating the Compliance Risk Matrix (CRM), and recording and monitoring advisor incidents in compliance systems. Identify gaps and work with Information Technology teams to propose effective solutions from a compliance perspective and ensure compliance insights are integrated into the process. Keep the ARDB (Agent Risk Database) well-maintained and ensure it aligns with compliance records. Regularly update agent databases and the agent report. Ensure they operate correctly and troubleshoot any issues that arise. Respond to all internal Distribution Compliance inquiries related to data analytics.

Requirements

5 years’ experience in Financial Services working within a Compliance team
3-5 years’ experience working in data analytics
Skilled in data analytics with a comprehensive grasp of data architecture.
Technical knowledge and skills with information and data management related tools
Excellent verbal and written communication skills
Proficiency in Power BI and Microsoft packages.
Effective time management skills with the ability to manage multiple and changing priorities
An ability to work independently and proactively seek assistance when needed
Natural and proactive tendency to look for more efficient and effective ways to accomplish tasks.

Nice To Haves

Experience in testing and troubleshooting roles, an asset
Bilingualism in English and French is an asset
SQL knowledge is an asset
Experience in audit or control testing, an asset.

Responsibilities

Gather risk data for agents from multiple sources and analyze it to select agents eligible for the Agent Practice Review (APR) using approved sampling criteria.
Enhance the agent selection process by integrating new tools and IT architecture and optimize the review process.
Develop Power BI reports to visually represent APR outcomes, providing deeper insights and trends for senior management.
Review agents sales practices and market conduct according to standard APR criteria and identify gaps and draft reports including observations, recommendations and action plans.
Communicate findings of reviews and monitor remediation actions.
Support the Distribution Compliance team by accurately updating the Compliance Risk Matrix (CRM), and recording and monitoring advisor incidents in compliance systems.
Identify gaps and work with Information Technology teams to propose effective solutions from a compliance perspective and ensure compliance insights are integrated into the process.
Keep the ARDB (Agent Risk Database) well-maintained and ensure it aligns with compliance records.
Regularly update agent databases and the agent report. Ensure they operate correctly and troubleshoot any issues that arise.
Respond to all internal Distribution Compliance inquiries related to data analytics.