Trading Conduct Compliance Examiner

CIRO / OCRI • Toronto, ON

9d • CA$75,000 - CA$90,000 • Hybrid

About The Position

The Trading Conduct Compliance Examiner will examine Dealers’ processes, procedures, and supervision for their compliance with trading-related Requirements as defined in the Universal Market Integrity Rules (UMIR) and the Investment Dealer and Partially Consolidated Rules (IDPC Rules). The examiner will also participate in the review of trading-related aspects of fixed income and OTC products. This role involves conducting field work, analyzing results, preparing reports, advising dealers, and evaluating compliance with trading-related requirements. Additionally, the role includes sharing best practices by advising dealers on issues and effective methods to improve processes, and responding to compliance-related inquiries. The examiner will also work on special projects, industry studies, and prepare/deliver presentations to the industry about compliance issues.

Requirements

• Successful completion of the Canadian Securities Course, Conduct and Practices Handbook
• Minimum of five years working in the securities industry experience, preferably in a compliance or trade desk function at a Dealer
• Knowledge of securities industry rules and regulations
• Comprehensive understanding of equity and fixed income transaction process, trading, and back-office systems
• Ability to organize and to work without supervision
• Ability to work inter-dependently in a team environment
• Ability to work in a cross-functional environment
• Strong project management, delegation, and conflict resolution skills
• Excellent verbal and written communication skills, including some public speaking

Nice To Haves

• Successful completion of Traders Training Course; or Partners, Directors, Officers or other compliance level exams are assets
• Previous experience on a Canadian equity buy-side or sell-side trading desk or trading compliance is an asset.

Responsibilities

• Conduct reviews of Dealers’ equity trading records and supervision policies and procedures for compliance with securities industry rules and regulations.
• Conduct reviews of Dealers’ fixed income, OTC equity and derivatives procedures and policies.
• Analyze results of reviews.
• Prepare reports for CIRO management and Dealers about review status, results and analysis.
• Advise Dealers of review results.
• Evaluate compliance with trading related requirements (UMIR and IDPC Rules as applicable) and ensure identified deficiencies are addressed and where necessary, assist in the preparation of referrals to Enforcement.
• Advise Dealers of issues found in reviews and key industry concerns.
• Advise and support Dealers with effective methods to improve processes and resolve deficiencies.
• Respond to compliance related inquiries from Dealers.
• Work on projects and industry studies.
• Prepare and deliver presentations to industry about compliance issues.

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: Senior
• Education Level: High school or GED