Compliance Testing Manager

IVARI•Toronto, ON

20h•CA$80,000 - CA$108,000•Hybrid

About The Position

As a Compliance Testing Manager, you will be responsible for planning, conducting and reporting compliance controls testing engagements. You will act as a member of the ivari Distribution Compliance team and will carry out controls testing engagements and deliver quality work in accordance with regulatory requirements and ivari market conduct policy. This is an existing position.

Requirements

Post-secondary education that would align with the position
Must have audit and accounting designation, CPA, CMA, CGA, CIA or its equivalent.
Minimum 7 years’ experience in controls testing or internal audit
Technical knowledge and skills of testing processes and methodologies
Effective time management skills with the ability to manage multiple deadlines and changing priorities
A self-starter who takes initiative, is detail oriented, and deals well with ambiguity
Good verbal and written communication skills
An ability to work independently and proactively

Nice To Haves

French language is an asset

Responsibilities

Manage and conduct the annual managing general agent (MGA) compliance review survey, onsite controls testing, and audits
Analyze and review information according to standard survey criteria, identify gaps, verify content for quality and compliance; draft observations/ findings and recommendations
Understand regulatory requirements and ivari policies to ensure testing is designed to identify potential control gaps and non-compliance
Conduct controls testing, scoping, sampling, and reporting of test results
Prepare and distribute results detailing findings and recommendations
Track and report the status of remediation and validation of open issues
Examine documents to verify content, compliance, and identify anomalies
Conduct market conduct and sales practice reviews of life insurance agents
Assist the Compliance team with other tasks as may be required by senior manager