Operations and Regulatory Compliance Specialist Sr

Fidelity Canada • Toronto, ON

7d • CA$79,000 - CA$96,000 • Hybrid

About The Position

As part of the Fidelity Oversight Division, the Compliance Department is responsible for establishing and maintaining compliance policies for Fidelity Investments Canada ULC, and reporting to various committees and Senior Management on material compliance matters and regulatory developments. Reporting to the Director, Operations and Regulatory Compliance, the Operations and Regulatory Compliance Specialist Senior is responsible for completing regular monitoring and reporting on operational compliance matters, maintaining and updating compliance policies, preparing and presenting materials for executive committees, and providing ongoing support on regulatory matters to various business units. The Senior Specialist is also responsible for supporting the review and oversight of various programs under their scope. The individual ensures compliance standards are continuously and accurately monitored, communicated and updated for the programs related to securities regulations, institutional programs, registered plans, and more.

Requirements

• Minimum of 4 years mutual fund manager or dealer experience, most recently in a Compliance or related role required
• Post secondary degree or equivalent work experience required
• Knowledgeable about various mutual fund regulations, including NI 31-103, NI 81-102, NI 45-106, PIPEDA, FATCA/CRS, and Estates Law.
• Excellent verbal and written communicator and have strong research and analytical skills
• Work well under pressure, adapting and working effectively in a variety of situations with numerous management levels.
• Possess a good understanding of mutual fund compliance and operations.
• Good understanding of fund manager operational practices
• Excellent analytical, writing, oral communication, research, investigatory, presentation, and interpersonal skills
• Ability to take initiative, work independently and handle multiple tasks
• Excellent time management skills with the ability to work under tight deadlines
• Commitment to excellence
• Proficient in Microsoft Word, Excel and PowerPoint
• Current work authorization for Canada is required for all openings.

Nice To Haves

• Experience in mutual fund operations or client services is an asset
• Bilingualism in English and French is an asset
• Enrollment in Canadian Securities Course (CSC), Canadian Investment Funds Course is an asset

Responsibilities

• Act as subject matter expert and provide oversight on many Transfer Agency related and back-office Compliance related programs.
• Continuous improvement of various Compliance programs which may include, but not limited to: exempt market dealer, Sales Communications Policy, Privacy, FATCA/CRS, Short-Term Trading, Transfer Agency Error Corrections, and institutional programs.
• Provide ongoing compliance support to Marketing, Client Services, Sales, and other business units on compliance matters, including NI 81-102 (Parts 9, 10, 11), and certain operational matters including registered plan compliance, estates, and third party demands.
• Represent Compliance, establish strong relationships, and implement compliance accountability on projects initiated by stakeholders across the organization.
• Keeping up to date with regulatory changes and staff notices to support the creation or update of policies and procedures related to Operations and Regulatory Compliance.
• Proactively identify emerging risks and continuously seek to enhance departmental efficiency.
• Analyze Compliance programs and monitoring processes to identify areas of improvement or where automation can streamline the process.
• Support the business by creating, updating and implementing different training and communications to keep stakeholders at all levels informed of developments and changes that may affect them.
• Conduct and document compliance monitoring results in respect of Operations and Regulatory Compliance programs.
• Develop new and update existing compliance policies to comply with applicable regulations.
• Prepare materials for various committees, compliance training programs and communications for regulatory updates.
• Act as subject matter expert and provide compliance support on compliance and cross-divisional projects.

Benefits

• Competitive total compensation, including company contributions to your group RRSP without a matching requirement from you
• Comprehensive health benefits that start on your first day, with 100% employer-paid premiums, that include up to $6000 annually for mental health services and therapy
• Parental leave top-up to 100% of your salary for a period of 25 weeks
• Up to $650 for home office equipment
• Generous time off policy, including 2 paid days annually to volunteer at a charity of your choice
• Diversity and inclusion programs, including an active network of Employee Resource Groups
• Extensive professional development opportunities, including access to over 11,000 training and development courses, tuition reimbursement, and monetary rewards for completing a required designation

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Associate degree