Corporate Branch Manager

CI Financial•Toronto, ON

2d•Onsite

About The Position

At CI, we see a great place to work as one that is a safe place for everyone to have a voice, where people are empowered to take ownership over meaningful work, where there is an opportunity to grow through stretching themselves, where they can work on innovative products and projects, and where employees are supported and engaged in doing so. We are currently seeking a Corporate Branch Manager. In this role, the successful candidate is expected to ensure that the business conducted in branch/sub-branch office locations under their supervision by registered individuals, non-registered branch personnel and any applicable agents on behalf of CI Assante Wealth Management Ltd.(AWM), a member of the Canadian Investment Regulatory Organization (CIRO), is in compliance with applicable securities regulatory requirements as well as internal supervisory and compliance policies and procedures.

Requirements

Minimum 5 years securities industry experience, with minimum 2 years’ experience as a Branch Manager or Compliance Officer with a CIRO dealer firm
CIRO licensed or will be required upon hire (subject to regulatory approval)
An undergraduate degree
Completion of applicable securities industry courses offered by the Canadian Securities Institute or by CIRO
Demonstrated knowledge and understanding of the relevant securities legislation and SRO rules and regulations.
Extensive knowledge of MS Office applications including as Word, Excel, Power Point and Outlook
Familiarity and experience working with common securities transaction processing systems, including RPM
Ability to work independently and under pressure
Strong conflict resolution, organizational, and communication skills

Nice To Haves

Experience with a securities commission or self-regulatory organization would be an asset

Responsibilities

Overall supervisory responsibility for an assigned group of AWM registered individuals and branch/sub-branch office locations under their supervision
Approval of all new accounts, New Account Application Forms and related required documentation to ensure completeness and follow-up on any deficiencies noted within a reasonable time frame
Ensure registered individuals are properly registered, do not exceed requirements of their registration, provide all appropriate disclosure forms to clients as required in connection with opening accounts or trading in approved products, disclose all outside business activities to Head Office Compliance, and only conduct activities for which they are registered for or have otherwise obtained approval from Head Office Compliance
Monitor registered individuals during the initial 90-Day Training Program, the 6-month supervision period and during any periods of ‘close supervision’ as determined by Head Office Compliance
Complete and provide evidence of and follow up on any deficiencies noted in the daily and monthly trade and account reviews, with such reviews performed in accordance with securities regulatory requirements
Report any significant client service issues, including allegations of wrongdoing and any verbal or written complaints to Head Office Compliance immediately
Be responsible for ongoing education and training of both registered and non-registered representatives to ensure awareness of and compliance with new and revised securities regulatory requirements and internal supervisory and compliance policies and procedures
Ensure all client and branch files are current and up-to-date and contain all required documents
Effectively control access to supervisory records and files to ensure client confidentiality
Periodic visits with sub branch locations as part of ensuring overall compliance and effective supervision of registered individuals
Report regularly to DCCO in relation to: Overall level and effectiveness of branch and supervision of registered individuals and compliance with securities regulatory requirements and internal supervisory and compliance policies and procedures
Specific supervisory challenges relating to registered individuals
Performance and results of any internal or external branch examinations performed across any branch/sub-branch office locations under their supervision
Inquiries, requests for information from the Securities Commissions or local offices of CIRO
Client complaints, lawsuits or allegations of misconduct levied against any registered individuals or branches