Director, Regulatory Compliance Banking
Director, Regulatory Compliance Banking
Posted on :
24-05-2025
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1 Vacancy
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Job Description
Director Regulatory Compliance Banking
Strategic compliance leadership role in the insurance industry. Drive regulatory risk management interact with regulators and shape enterprise compliance reporting. Hybrid position with executive exposure ideal for experienced professionals in banking compliance looking to influence key decisions and governance.
What is in it for you:
Salaried: $60-76 per hour.
Incorporated Business Rate: $75-91 per hour.
18-month contract with potential 6-month extension.
Full-time position: 37.50 hours per week.
Weekday schedule from 9 am to 5 pm.
Hybrid work: in-office Tuesday to Thursday.
Opportunity to work in a dynamic and professional environment.
Join a passionate and inclusive team of professionals.
Responsibilities:
Lead the management of the regulatory compliance program including development and oversight of relevant policies and procedures.
Prepare and deliver compliance reporting (monthly quarterly annual ad hoc) for executive leadership Board of Directors and regulatory bodies.
Act as primary point of contact for regulatory communications and examinations in partnership with the Chief Compliance Officer.
Review and interpret banking and financial legislation; translate technical requirements into actionable guidance.
Maintain and audit compliance data in the Regulatory Compliance Management Database (RCMD).
Manage escalated client complaints through the Client Dispute Resolution Office; coordinate with OBSI and identify trends.
Collaborate with Line 1B Governance Risk Legal Audit and other key stakeholders to assess compliance issues and implement corrective actions.
Respond to regulatory reviews and audit inquiries with well-documented materials and guidance.
Develop and maintain internal compliance training for stakeholders.
Ensure adherence to key regulatory frameworks including the Bank Act FCAC guidelines OSFI expectations and consumer protection requirements.
What you will need to succeed:
Bachelor s degree required.
5 10 years of specialized compliance or legal experience in the banking or financial services industry.
Legal background considered an asset.
Proven ability to review interpret and document legislative and regulatory requirements clearly and accurately.
Subject matter expertise in banking legislation products and operational procedures.
Strong written and verbal communication skills.
Ability to simplify complex regulatory concepts for diverse audiences.
Demonstrated ability to convert technical legislative requirements into actionable business advice.
Proven experience interacting with regulatory staff and supporting regulatory communications.
Exceptional organizational skills.
Strong analytical abilities.
Proven multitasking capability; thrives in a fast-paced high-accountability environment.
Excellent interpersonal skills.
Strong negotiation abilities.
Effective relationship management; able to influence without direct authority.
Strong judgment and the ability to evaluate risks propose solutions and escalate issues appropriately.
Effective leadership skills with a collaborative and professional approach to managing teams and cross-functional initiatives.
Comfortable working with fluid responsibilities shifting priorities and evolving business needs.
High ethical standards and professional integrity.
Proficiency in Microsoft Office Excel LAN systems and Archer (experience with Archer is an asset).
Why Recruit Action
Recruit Action (agency permit: AP-2504511) provides recruitment services through quality support and a personalized approach to job seekers and businesses. Only candidates who match hiring criteria will be contacted.
# MFCJP
Employment Type
Full Time
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