Director, Compliance

Purpose:

The Director, Compliance, reporting to the Chief Compliance Officer (CCO), is responsible for carrying out head office compliance activities in accordance with regulatory requirements, particularly those established by the various securities commissions and the Investment Industry Regulatory Organization of Canada (IIROC), and internal policies and procedures.

Key Accountabilities:

• Supervise tier two (head office) trade reviews including inquiries, follow up, and resolution;
• Escalating any issues to the CCO as necessary;
• Supervise all outside trading accounts for employees and other non-client accounts;
• Respond to internal compliance inquires as they arise;
• Drafting communications to all staff as required;
• Development of internal policies and procedures;
• Registration – as the firm’s chief AFR, handle the firm’s registration requirements with IIROC and the securities commissions;
• Compliance liaison with Investment Banking; maintain the grey and restricted list; review subscription agreements;
• Aid in the response to regulatory requests and client complaints;
• Reporting –AML reporting to IIROC, UMIR - Gatekeeper, RMCS, EFTR reports;
• Oversee the branch audit review process, participation in the conduct of audits, and report to the CCO findings and recommendations;
• Tier 1 supervisory back up as required such as approvals relating to account opening or marketing materials;

Knowledge and Skills:

• In-depth understanding of the securities industry including IIROC Rules;
• AML requirements;
• Undergraduate degree desired;
• Knowledge and understanding of financial advisory services, policies, procedures;
• Significant industry experience in a senior compliance role, including a minimum of 3 to 5 years in a Compliance function at an IIROC regulated Dealer;
• Ability to build and maintain strong relationships and effective partnerships with internal and external stakeholder;
• Exceptional communication skills, both verbal and written;
• Capable of simultaneously handling multiple tasks and meeting stringent deadlines;
• Successful completion of the relevant exams offered through the Canadian Securities Institute including:
  • Canadian Securities Course;
  • Conduct and Practices Handbook Course;
  • Branch Managers Course;
  • Options Supervisors Course;
  • Options Licensing Course;
  • Partners, Director and Senior Officers Course.

This is a full-time position with a competitive compensation and benefits package.

If you would like to join our team, please send a resume and covering letter to:

Gravitas Securities Inc. 333 Bay St. Suite 1720 Toronto ON M5H 2R2

E-mail: [email protected]

We require applicants to complete a background verification process prior to commencing employment with the company, including but not limited to a credit and criminal record check. Employment is contingent on the satisfactory completion of a pre-employment background check.