Compliance Manager (CCO Track)

Objectway • Toronto, ON

3d • CA$140,000 - CA$155,000

About The Position

Building on more than 30 years of business expertise, we are an international wealth, banking and asset management software provider empowering clients to embrace their future challenges while providing great performance today. The Objectway Group is a future-proof technology player with a well-established track record in the financial services industry with over €120 million of consolidated revenue. The Group is a global Top 100 fintech provider (IDC ranking), whose clients include 250+ leading wealth managers, banks, asset managers, fund managers, insurers and outsourcers in more than 15 countries. With over 800 professionals operating from Italy, UK, Belgium, Germany, Switzerland and Canada, the Group serves clients in 4 continents, supporting approximately 100,000 investment professionals to manage more than €1 trillion in assets. In January 2024, Nest Wealth became part of the Objectway Group, combining the strengths of two global fintech leaders to provide innovative solutions spanning the entire wealth and asset management value chain.

This position will initially operate at the Compliance Manager level, with the expectation of transitioning to Chief Compliance Officer (CCO) under NI 31-103. The successful candidate will be accountable for establishing, maintaining, and overseeing the firm's compliance system in accordance with National Instrument 31-103 – Registration Requirements, Exemptions and Ongoing Registrant Obligations, applicable provincial securities legislation, and guidance issued by the Canadian Securities Administrators (CSA). Hired as Compliance Manager, the expectation is that this role will transition to CCO within approximately 6 months of the start date. The CCO serves as the firm's designated compliance officer and works closely with the Ultimate Designated Person (UDP), executive leadership, and business teams to promote a strong culture of compliance, ethical conduct, and investor protection. This role provides independent oversight of the firm's regulatory compliance framework while supporting responsible business growth and operational excellence.

Requirements

• Qualified for approval as Chief Compliance Officer (CCO) under NI 31-103
• Significant compliance experience within the Canadian securities industry
• Strong knowledge of: National Instrument 31-103, provincial securities legislation, CSA Staff Notices and guidance, Client Focused Reforms, compliance systems and supervisory frameworks
• Experience interacting with Canadian securities regulators
• Strong understanding of governance, enterprise risk management, and internal controls
• Excellent leadership, communication, and stakeholder management skills
• High degree of integrity, professionalism, and sound judgment

Nice To Haves

• Experience with Salesforce
• Familiarity with CRM platforms
• Experience using SharePoint
• Experience working in a high-growth startup or scale-up environment

Responsibilities

• Serve as the firm's registered Chief Compliance Officer under NI 31-103
• Establish and maintain policies and procedures that support compliance with securities legislation
• Monitor the effectiveness of the firm's compliance system and recommend enhancements where appropriate
• Ensure the firm maintains an effective supervisory framework
• Advise senior management regarding regulatory obligations and emerging regulatory developments
• Maintain ongoing awareness of changes to Canadian securities laws, CSA guidance, and self-regulatory organization requirements, where applicable
• Assess whether the firm's policies and procedures remain adequate and effective
• Conduct ongoing compliance monitoring and testing
• Identify compliance deficiencies and oversee remediation activities
• Maintain records supporting the firm's compliance program
• Escalate material compliance issues to the UDP, executive management, and the Board, as appropriate
• Coordinate regulatory filings and required reporting obligations
• Support securities commission compliance reviews and regulatory examinations
• Act as the primary compliance contact for securities regulators
• Prepare compliance reports for senior management and the Board of Directors
• Perform periodic compliance risk assessments
• Identify emerging regulatory and operational risks
• Develop action plans to address identified compliance gaps
• Monitor implementation of corrective actions
• Know Your Client (KYC)
• Know Your Product (KYP), where applicable
• Suitability obligations
• Conflicts of interest management
• Complaint handling
• Client disclosure requirements
• Recordkeeping requirements
• Marketing and communications review
• Personal trading policies
• Outsourcing oversight
• Work closely with the firm's Anti-Money Laundering Compliance Officer (or fulfill both roles where appropriate)
• Support compliance with the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA)
• Oversee compliance processes relating to client identification, ongoing monitoring, sanctions screening, and suspicious transaction reporting
• Develop and deliver compliance training
• Promote a culture of integrity and ethical conduct
• Provide regulatory guidance to employees and leadership
• Ensure employees understand their regulatory responsibilities
• Partner with the Ultimate Designated Person (UDP) in overseeing the firm's compliance framework
• Present compliance updates to executive leadership and the Board
• Support governance committees as required
• Provide independent compliance advice regarding new products, strategic initiatives, and business changes

Benefits

• Learning and development stipend to put towards professional development
• Comprehensive Compensation & Benefits: A competitive total compensation package that includes variable bonus, health and dental benefits, 3 weeks' vacation, 10 days PTO
• Learning & Development: $1000 L&D stipend to put towards professional development, Lunch & Learn opportunities, continual companywide workshops
• Support for Growing Families: We welcome new additions with a parental leave top-up program
• A Connected team: Our social committee knows how to bring the fun! Team bonding game nights, workouts, wellness workshops, cooking classes, and more

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: No Education Listed