Job Description

Location(s): Greater Vancouver Area, Greater Toronto Area

Job Type: 18-month Fixed-term

myWork Program: Hybrid

Starting Salary Range: $96,800.00 - $125,900.00

Background Screening Requirement:

• Enhanced Criminal Record Check
• Credit Check
• Identity Verification
• Employment Verification
• References

Job Purpose

As a Regulatory Compliance Manager and a Regulatory Compliance Management (RCM) Team member, you will contribute to executing Coast Capital's RCM Program and be responsible for second line duties and oversight of FATCA, CDIC, Anti-Competition risk topic groups as well as other risk areas under Corporate Governance and Prudential risk. The Regulatory Compliance Manager provides additional support on regulatory changes related to risks under Employee Protection and Finance under the Reliance Model program. The role's primary focus is providing regulatory oversight and advisory services to the business, supporting the business on management of regulatory changes, overseeing closure of issues and promoting a strong compliance culture.

This role is hybrid remote based out of our Toronto office (3610, 181 Bay Street, Toronto, Ontario) or Surrey office (9900 King George Blvd, Surrey, British Columbia). Currently the team meets in office 1-2 times per month based on business needs.

Accountabilities

Regulatory Oversight & Advisory

• Support Regulatory Compliance Management (RCM) Program regulatory oversight through research and analysis of regulatory requirements, providing effective review and challenge.
• Monitor, interpret, and assess the impact of applicable banking and financial services regulations (e.g., FATCA/CRS, Anti-Competition, Employment Standards and Prudential requirements where applicable).
• Participate in new initiative risk assessments and provide compliance advice and guidance to business units on new products, services, processes, and strategic initiatives.
• Act as a trusted advisor on regulatory compliance risks and obligations.

Compliance Program Management

• Oversee compliance policies, standards, procedures, and controls aligned with regulatory requirements and bank risk appetite.
• Lead regulatory change management, including gap assessments, implementation plans, and tracking of remediation activities.
• Oversee compliance risk assessments and contribute to enterprise risk management activities.

Issue Management

• Provide thoughtful leadership on resolving complex regulatory issues.
• Assess effectiveness of controls.
• Identify, document and escalate compliance issues; track corrective actions through to resolution.

Training & Culture

• Help develop and deliver compliance training and awareness programs for the enterprise.
• Promote a strong compliance culture and ethical conduct across the organization.

Skills & Qualifications

• Bachelor's Degree in business and risk designation or the desire to complete is preferred. An equivalent combination of education and experience will be considered.
• 7 - 9 years experience in regulatory compliance risk management or equivalent disciplines, including execution of risk assessments, evaluation of internal controls, monitoring and testing, event and incident response, project risk management, and developing risk management infrastructure.
• Previous Bank/Credit Union experience in Risk, or Internal Audit is preferred.
• Experience with leading enterprise governance, risk and controls (GRC) tools would be an asset as a user and administrator.
• Advanced knowledge of MS Excel, Word, Outlook, PowerPoint
• Proficiency in using the Resolver tool, or a similar risk management platform is an asset.
• Proficient in risk assessment planning, initiating, executing and reporting.
• Proficient in internal control identification, assessment, monitoring and development.
• Excellent writing, communication and presentation skills and comfortable in dealing with personnel from all levels of the company
• Well-organized and highly self-motivated
• Strong workshop facilitation and interpersonal skills

Equity, Diversity & Inclusion at Coast Capital

Don’t meet every single requirement? At Coast Capital, we believe everyone has potential. We are committed to building better, brighter, more inclusive futures for everyone – including our employees. We see the potential in our employees to achieve amazing things and want to invest in your future. If you’re excited about this career opportunity and your experience may not perfectly align with every qualification in this job posting, we still encourage you to apply. You may be just the right candidate for this or other opportunities at Coast Capital.

At Coast Capital, we are committed to equity, diversity and inclusion. We strongly encourage applications from Indigenous Peoples, Black, and racialized persons, persons with disabilities, people of diverse sexual and gender identities and women. We value applicants who have demonstrated a commitment to equity, diversity and inclusion and recognize that diverse perspectives, experiences and expertise benefit of our employees, our members, and our community.

Coast Capital is committed to providing an accessible recruitment experience. If you are a candidate with a disability and require accommodation(s) during any stage of the recruitment process, please contact us at accessibility@coastcapitalsavings.com or 778-391-5836. This contact is intended solely for inquiries or feedback related to accessibility barriers, accommodation requests or alternate format requests. We will work with you to ensure your needs are met. You will only receive a response to inquiries related to these topics.