:
Title:
Senior Manager, Compliance & Operations - Toronto
Requisition ID:
202310
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Considering a career in Capital Markets? Cedar Leaf Capital, Canada's first Indigenous-owned and operated Investment Dealer (pending regulatory approval), is hiring in the areas of Finance, Operations, Compliance and Debt Capital Markets (Front Office).
If you have an interest in accelerating your career with a niche entity focused on expanding Indigenous advancement in Canada's capital markets and creating commercial opportunities and broader connections for Indigenous communities, consider joining the Cedar Leaf team!
The Company
Cedar Leaf Capital raises new financing for Canadian Corporate and Government issuers through participation in debt underwriting syndicates on the primary market.
As a member of the Scotiabank group of companies, Cedar Leaf Capital benefits from the expertise and resources of the Bank, including those of the Global Banking and Markets (GBM) business and their deep Capital Markets and Investment Banking knowledge and experience.
Become part of an innovative Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients! We work together to drive ambition for every Indigenous future!
This opportunity is open to Indigenous Peoples in Canada, include First Nations, Métis and Inuit people.
Only those Indigenous peoples who come from Turtle Island or North America should identify themselves as belonging to this designated group.
We invite you to apply if you are eligible under this definition and are willing to (voluntarily) self-identify as an Indigenous Person in Canada .
Purpose:
As the Senior Manager, Compliance & Operations, you will be integral to the ongoing maintenance of the Firm's regulatory compliance program, working in partnership with other key stakeholders across Cedar Leaf and Scotiabank.You will provide effective management of the Firm's regulatory compliance program, including maintenance of relevant and up to date policies and procedures, co-ordination of training, advising Firm personnel on compliance matters, and providing support for inquiries from regulators, auditors, or other stakeholders within or outside the Firm and Scotiabank.
You will contribute to Cedar Leaf Capital and Scotiabank Global Banking & Market's strategic objectives while ensuring compliance with regulatory, legislative (Privacy, AML, etc.) and Scotiabank requirements.
You will contribute to the timely completion of compliance-related reporting to the CCO, Ultimate Designated Person (UDP), the Cedar Leaf Board of Directors, and other stakeholders.
From time to time, you may be expected to act as back-up to the Firm's Chief Compliance Officer (CCO) and to represent the Firm at various committees and working groups of the Investment Industry or Indigenous community where warranted.
What You'll Do:
- Support Cedar Leaf's CCO in effectively managing the Firm's compliance program under Canadian securities regulation and Scotiabank expectations;
- Stay current about new and emerging Canadian Investment Regulatory Organization (CIRO) and other relevant securities regulation and best practices and changes in Cedar Leaf or Scotiabank's business organization and infrastructure, updating Cedar Leaf's compliance policies and procedures as required;
- Deliver efficient and effective compliance support and advice to Cedar Leaf Capital employees and communicate relevant changes to the Firm's policies and procedures or applicable regulatory requirements which govern their activities;
- Perform compliance tasks as required to monitor and assess Firm and employee compliance with applicable regulations, Cedar Leaf and Scotiabank policies and procedures;
- Report to the CCO as soon as possible any indications that the Firm or individuals acting on its behalf may be non-compliant with internal policies and procedures, CIRO requirements or securities law;
- Provide professional advice and quality and timely information to support the Cedar Leaf trading desk with front office initiatives and deployment of business strategies, while ensuring compliance with regulatory and legislative requirements;
- Support the Operations of the Firm as it relates to various compliance-related Carrying Broker activities (debt transaction reporting to CIRO, AML monitoring, etc.); Finance and general ledger reconciliation support; insurance carrier coverage (analysis and reporting); etc.
- Ensure the integrity and timely completion of compliance-related reporting to the CCO, Ultimate Designated Person (UDP), Cedar Leaf Board of Directors, or other stakeholders (audit, regulators);
- Manage Cedar Leaf's compliance program in a way that supports risk culture and the relevant risk appetite frameworks and limits with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk;
- Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions;
- Deepen client relationships and leverage broader Scotiabank and stakeholder relationships, systems and knowledge to effectively manage all accountabilities and deliverables.
What You'll Bring:
- Audit, accounting or legal education/designation with a minimum 5 years' relevant experience in the securities industry is preferred.
- Experience working for or dealing with the Canadian Investment Regulatory Organization (CIRO) and/or the Ontario Securities Commission is an asset.
- Strong knowledge of the investment business (particularly in a debt capital raising capacity) due to the focused nature of Cedar Leaf Capital's mandate.
- Experience with the trade life-cycle experience (settlement of trades) is an asset.
- Working towards or having completed the Canadian Securities' Institute's 'Chief Compliance Officer Qualifying Examination' is desired.
- Strong interpersonal skills given regular interactions with Scotiabank and Global Banking and Markets personnel, internal and external auditors, regulators, and other stakeholders.
- Strategic thinker with fluent oral and written communication skills; results-oriented with strong analytical and investigative skills and an ability to apply sound judgment in identifying risks in order to proactively escalate issues when required.
- Able to handle sensitive and confidential information with a high level of integrity.
Working Arrangement:
- This position is currently an on-site role, with the expectation that you will work 3-5 days a week in the office.
Please note that this is subject to change based on the needs of the business. - Non-standard hours are a common occurrence.
- Limited travel domestically may be required.
What's in it for you?
Scotiabank wants you to be able to bring your best self to work - and life, every day.
With a focus on holistic well-being, our many flexible benefit programs ar.