Manager, Market Oversight

Alberta Securities Commission

4d • Hybrid

About The Position

The Alberta Securities Commission (ASC) is seeking a Manager, Market Oversight to join its Market Regulation Division. This role is responsible for overseeing equities and derivatives marketplaces, registrants, and self-regulatory organizations (SROs) in Alberta. The division is involved in leading-edge projects aimed at balancing effective regulation with stakeholder needs for innovation and efficient capital markets. The Manager, Market Oversight will lead a team of industry professionals responsible for the regulation and oversight of SROs and market infrastructure entities, including equity marketplaces, crypto-asset platforms, and clearing agencies. This role contributes to developing market structure policy and planning and implementing new regulatory framework decisions. The Manager will collaborate with other regulators across Canada and communicate with Alberta capital market participants, ASC executive management, and Commission Members.

Requirements

• A minimum of 10 years of securities law, public accounting, or securities industry experience.
• An undergraduate degree in law, business, finance, economics or a related discipline, or equivalent experience and education.
• Demonstrated leadership skills and experience with either formally or informally leading teams.
• Exceptional research, analytical and critical-thinking skills.
• Strong problem-solving abilities combined with a proactive, practical approach to addressing new or complex issues.
• Superior written and verbal communication and presentation skills.
• Strong interpersonal skills with the ability to interact with personnel at various levels of an organization.
• The proven ability to be flexible, adaptable and excel in a dynamic environment that requires diverse knowledge and expertise and exceptional organizational skills.

Nice To Haves

• A strong understanding of Alberta’s capital markets, including current market structure, emerging market trends and marketplace terminology.
• Experience in or exposure to regulation, compliance and marketplace operations.
• An LLB with membership in good standing (or eligibility for membership) with the Law Society of Alberta, a CPA, CFA, MBA, or other relevant post graduate business designation.
• A combination of relevant education and industry experience will be considered.

Responsibilities

• Providing advice, direction, support and feedback to the Market Oversight team, including conducting annual performance reviews, regular one-on-one and team meetings; setting goals; acting on human resource issues; recruitment and retention; evaluating work performance; and ensuring the team has the proper resources to meet set objectives.
• Contributing to business and strategic planning from a market oversight perspective.
• Working closely with the Market Regulation management team and employees, and other divisions within the ASC to achieve business and strategic plans.
• Working with senior executive of local, national and international market participants and regulators to develop harmonized solutions to regulatory issues.
• Co-leading the regulation of Canadian Investment Regulatory Organization (CIRO) within the CSA.
• Providing effective, proactive oversight of equity marketplaces and clearing agencies that operate in Alberta, co-leading the regulation of TSXV.
• Providing direction and leadership to members of the team in the execution of oversight and policy analysis and development regarding equity marketplaces and clearing agencies, fixed income infrastructure entities, crypto asset platforms, self-regulatory organizations and market structure initiatives.
• Overseeing the team’s analysis of applications for recognition or exemption by market infrastructure entities, and the ongoing filings of regulated entities.
• Representing the ASC on various CSA committees to ensure consistent application of securities law and harmonized oversight practices across Canada, identify emerging issues and risks, and analyze and research related policy.
• Reporting on a regular basis to the Director, Market Regulation, executive management and Commission Members on high profile initiatives, market oversight matters and status of activities.
• Working closely with the division’s Legal department to ensure that relevant rule and policy development is well-designed.
• Analyzing complex information, researching, interpreting legislation, and guiding staff in drafting technical and analytical reports and documents.
• Communicating ideas and making recommendations regarding regulatory matters to ASC executive management.
• Participating in various short-term and long-term projects in support of divisional, operational and strategic initiatives.

Benefits

• 100 per cent employer-paid benefits
• comprehensive health and dental
• employee life insurance
• short-term and long-term disability
• retirement benefits
• travel insurance
• paid vacation time
• flex and sick days
• an employee family assistance program
• transportation allowance
• generous flexible spending account
• professional development through subsidized courses, conference, workshops, seminars and in-house training.

What This Job Offers

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