Sr Business Conduct Compliance Examiner

CIRO / OCRI • Toronto, ON

43d • $90,000 - $105,000 • Hybrid

About The Position

As a self-regulatory organization, Canadian Investment Regulatory Organization
(CIRO) takes our responsibility of setting high-quality regulatory and
investment industry standards seriously, while protecting investors and
supporting healthy capital markets in Canada.

In Business Conduct Compliance (BCC) we take great pride in what we do. By
joining our dynamic and collaborative team of industry professionals, you will
have the opportunity through the examination process to make a difference for
investors and the capital markets.

As a key member of an examination team, the Sr BCC Examiner conducts field
reviews of sales and business conduct activities of Dealer Member firm head
office and business locations. You will interpret and apply CIRO Dealer Member
Rules to the evolving business models of firms.

Requirements

• General Undergraduate degree
• A minimum of 4 years’ experience in compliance, audit or supervisory function with a Dealer Member, or other related employment with a securities regulatory organization
• Completion of an exam or course that demonstrates competency in the investment industry such as the Canadian Investment Regulatory Exam (CIRE), and/or Retail Securities Exam and/or Institutional Securities Exam, or other legacy courses such as the Canadian Securities Course (CSC) and Conduct and Practices Handbook (CPH) Course

Nice To Haves

• Chartered Professional Accountant (CPA) designation with auditing experience
• Knowledge and interest in crypto currencies and crypto trading platforms
• Ability to quickly understand the risks associated with new business lines or products and to formulate practical examination procedures to address them
• Ability to professionally and effectively communicate both verbally and in writing Attention to detail and ability to exercise sound judgement
• Ability to work independently in a team-oriented environment
• Ability to multi-task, adhered to timelines and work under pressure in different environments
• Ability to travel
• Completion of an exam or course that demonstrates competency in the investment industry and derivatives trading such as the Derivatives Exam, or other legacy courses such as Options Licensing Course (OLC), Futures Licensing Course (FLC), Derivatives Fundamentals Course (DFC) or Derivatives Fundamentals and Options Licensing Course (DFOL)
• Branch Managers’ Examination Course (BME)
• Completion of an exam or course that demonstrates competency in the investment industry and role of the CCO such as the Chief Compliance Officer Exam or other legacy courses such as the Chief Compliance Officers Qualifying Exam (CCO)
• Completion of an exam or course that demonstrates competency in the investment industry and supervision responsibilities such the Supervisor Exam or other legacy courses such as the Investment Dealer Supervisor Exam (IDSC) and Investment Dealer Compliance Course (IDCC)

Responsibilities

• Execute examinations of firms to assess the effectiveness of their compliance programs and ensure successful completion of fieldwork within agreed budgeted hours and timeline addressing Manager review notes promptly to maintain examination quality and efficiency
• Conduct walkthroughs with the examination team to understand procedures and workflows, document processes and evaluate compliance with regulatory requirements
• Lead discussions with senior management, compliance teams, and supervisors to ensure transparent communication regarding examination progress and regulatory expectations
• Clearly document deficiencies and communicate findings to firms, collaborating with Managers to compile comprehensive examination reports, ensuring that findings are well-supported.
• Review firm remediation plans for compliance with regulatory requirements
• Monitor developments in regulatory requirements, industry trends, and best practices, keep examination procedures and compliance efforts aligned with evolving regulatory expectations
• Contribute to departmental initiatives aimed at enhancing the efficiency, effectiveness, and relevance of the examination program
• Collaborate with colleagues to identify and implement improvements to departmental practices and methodologies
• Assess risks associated with new products or business lines, tailoring examination procedures to address compliance with regulatory requirements
• Train BCC Examiners by instructing them in the field on examination procedures, closely supervising their work and providing assessments of their progress to BCC Managers
• Monitor developments in regulatory requirements, industry trends, and best practices
• Keep examination procedures and compliance efforts aligned with evolving regulatory expectations

Benefits

• Competitive base salary in alignment with market
• Performance based bonus
• Hybrid work environment
• Employer paid Health Benefits and Spending Account that offer flexibility to meet your individual or family needs as of day one.
• Defined Contribution Pension Plan with company matching that starts on your first day of employment.
• Paid flex days and sick days
• Vacation days
• Maternity Leave Of Absence /Paternity Leave Of Absence top up
• Paid continuous learning and continuing development including designations.

What This Job Offers

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