Victoria, BC

Senior Manager, Compliance (Public Markets)

Senior Manager, Compliance (Public Markets)

On behalf of our client, Procom is currently seeking a Senior Manager, Compliance (Public Markets) to work closely with the VP Compliance to ensure that the investment compliance program is effectively designed and implemented and that the program continues to evolve to support changes to the business strategy, as well as changes to legal and regulatory requirements and industry practices. The role requires the ability to understand legal and regulatory requirements, conceptualize a risk-based approach, and operationalize those requirements into technical day to day processes (i.e., policies, data, technology and procedures). The Senior Manager requires sound business acumen and judgement, a risk-based mentality, strong operations skills and the ability to influence senior-level stakeholders.

Senior Manager, Compliance (Public Markets) Job Duties:

  • Lead the day to day activities of the Public Markets Compliance team
  • Governance
    • Develop, implement and maintain a risk-based compliance risk management program (i.e., policies, training, monitoring capabilities, systems, reporting) for applicable laws and regulations related to investment compliance
    • Stay abreast of industry sound practice in compliance risk management practices, recommend changes to the VP Compliance, and drive changes to the compliance program accordingly
    • Monitor changes in applicable laws and regulations globally and, in collaboration with Legal, develop interpretations on complex regulatory matters and advise on the impact, risks and opportunities to key stakeholders
    • Implement training and awareness campaigns
    • Prepare regular compliance reporting to Executive Management and the Board of Directors
    • Build and maintain strong relationships with asset managers and traders, as provide guidance and advice as needed
    • Respond to investment compliance related inquiries from regulatory bodies, clients, peers and other external parties (e.g., broker dealers)
    • Ensure SOC 1 controls are adequately designed and operating effectively
  • Monitoring
    • Ensure an effective monitoring program is in place to confirm compliance of investment activities with Board approved Pooled Fund Policies and client investment policies
    • Supervise the daily violation monitor in Bloomberg Compliance Manager and ensure violations are investigated and documented
    • Develop, implement, and maintain trade surveillance program to ensure compliance to market integrity rules and securities laws
    • Develop, implement and maintain shareholder disclosure and reporting program and ensure all regulatory filings are accurately completed and submitted within required deadlines (e.g. substantial shareholder, take-over bid, SEC filings, etc.)
    • Notify the VP Compliance of confirmed or potential instances of non-compliance
  • Special Projects
    • Act as the Compliance department lead and subject matter expert for potential compliance risks related to new investment products, strategies and activities
    • Lead the operationalization within the Compliance department, including registrations with regulatory bodies, for new investment products, strategies and activities
    • Lead data and technology efforts for the Compliance department (i.e., develop business requirements, testing, data quality initiatives)
  • People Leadership
    • Lead and grow a team of expert Compliance Analysts
    • Grow the team’s knowledge of capital markets products, investment strategies, and regulatory requirements
    • Contribute to a cohesive team environment

Senior Manager, Compliance (Public Markets) Mandatory Skills:

  • Deep knowledge of financial instruments, markets, and investment strategies
  • Seven plus years of compliance experience in an institutional asset management setting
  • Expert knowledge of laws and regulations applicable to buy-side / large institutional investors including global marketplace rules for equity, fixed income, and derivatives.
  • Advanced knowledge of compliance and risk management principles, methodologies, and practices
  • Track record of developing and executing investment compliance programs
  • University degree in Business, Commerce, Finance, Ethics, Law, or other related field
  • Two plus years of leadership and people management experience
  • Track record and demonstrated ability to:
    • work independently, take initiative and prioritize in a fast-paced environment
    • exercise good judgment in determination and escalation of issues involving material risk
    • work in a fast-paced environment and remain focused;
    • confidently and discretely address senior individuals on the trading floor with excellent verbal and written communications and presentation skills
    • be assertive, restrained, discreet and understanding; all while being able to interact with a variety of personalities
    • develop and deliver engaging compliance training and orientation sessions
    • coach, mentor and develop employees
    • keep employees engaged and
    • work collaboratively across departments to build trust, credibility and strong relationships

Senior Manager, Compliance (Public Markets) Desired Skills:

  • CSC, CPH, Traders Training Course
  • Derivatives Fundamentals and Options Licensing Course
  • Options Supervisors Course
  • US licensing would be an asset (Series 7, 9/10 or 24, and 66);
  • CPA, CFA, or other professional designation
  • Working knowledge of compliance systems such as Cloud 9 call recording, Raptor FundApps, and Bloomberg AIM Compliance Manager, Bloomberg BTCA

Senior Manager, Compliance (Public Markets) Assignment Length

6-month contract

Senior Manager, Compliance (Public Markets) Start Date

July 5th, 2021

Senior Manager, Compliance (Public Markets) Assignment Location

100% remote work

Job Requirements