Wealth Operations, Compliance Supervisory Senior Associate

The Senior Supervision Associate is a pivotal role within our updated supervision structure dedicated primarily to supporting the supervision of financial advisors at Manulife Wealth. This position focuses on essential non-licensed tasks that help maintain regulatory compliance and support the Tier 1 Supervision Team. Reporting directly to the National Director Field Supervision the Senior Supervision Associate is instrumental in ensuring that advisors adhere to regulatory requirements thereby protecting the interests of both the firm and its clients.

Accountabilities:

Advisor Supervision & Branch Reviews

• Outside activity review for Supervision Manager approvals
• Shared premise review sent for secondary approval by Supervision Manager
• Relocation template approvals
• Associate advisor delegation letters
• Collect track and report on audit response and article collections for audits
• Collect pre-work and prepare reporting for Advisor Supervision Manager Branch Visits
• Collection and analysis of managed account data

Account /Trade Reviews

• Multiple non-material account reviews including but not limited to:
  • Update to non-material client updates
  • Name and address updates including hold-mail requests
  • Foreign wires
  • Non-qualified security
  • Donations
  • Advisor code changes
  • Manual account pre-reviews
  • Restriction requests

• Banking and systematic event approvals
• Transfer approvals
• POS failure inquiries

Field Supervision Controls

• Provide reporting on effectiveness and efficiency of account and trade supervision
• Manage restriction control process for outdated KYC foreign accounts IA code changes etc.
• Execute release testing

Additional Accountabilities

• Management of the field supervision inbox
  • Submission of sanction fines to commission
  • Reimbursement review and submission to commission

Preliminary AML flag analysis

• Branch Visit data collection to support this critical function

Hard and soft skills

• Complete first level review of draft job aids and policy/process documents including Wealth Guide articles
• Updating and tracking:
  • Compliance courses
  • AML training
  • Proofpoint completions and remediation actions
• Other unstructured/ad hoc responsibilities as advisors join or depart the firm
• Other responsibilities required to support field supervision including leading small projects identifying process improvement opportunities etc.
• First point of contact for escalations and/or concerns re service levels of the team
• Immediate supervision of other team members as required to assist the local reporting line Manager.
• Primary recipient of any new work/ tasks transitioned to the team acting as a trainer/ SME to junior team members to ensure effective cross training and knowledge retention.

Qualifications and Skills:

• 5-10 years professional background in the financial services industry preferably with a Canadian Investment Regulatory Organization (CIRO) Dealer
• Knowledge of the FCC System is a must
• Knowledge of Portfolio Aid 360 is an asset
• Microsoft tools such as power BI sharepoint and excel is necessary
• Organizational and prioritization skills to be able to work in a multitasking environment
• A capacity to engage constructively and respectfully with individuals at all levels of the organization and an ability to achieve high-quality outcomes
• Highly detailed oriented
• Can manage the balance between servicing and supporting advisors while ensuring we follow supervision requirements
• Strong analytical and problem-solving skills and sound professional judgment
• Ability to manage ambiguity
• French language skills would be a bonus but not mandatory

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider helping people make their decisions easier and lives better. To learn more about us visit is an Equal Opportunity Employer

At Manulife/John Hancock we embrace our diversity. We strive to attract develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment retention advancement and compensation and we administer all of our practices and programs without discrimination on the basis of race ancestry place of origin colour ethnic origin citizenship religion or religious beliefs creed sex (including pregnancy and pregnancy-related conditions) sexual orientation genetic characteristics veteran status gender identity gender expression age marital status family status disability or any other ground protected by applicable law.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process contact .