Compliance officer

Salary :

Activity area : Business services

Post category : Executive search

Province : Quebec

Region : Montreal and surroundings

Recruiter : Richard Portelance

Contact us : rportelance@stratoexec.ca

Job description :

The main responsibility of the Compliance Officer is to ensure adherence to the compliance and ethics rules applicable. He/she monitors the activities of the client's local entity and is also responsible for developing a dynamic at the Group level by working with the Compliance Officers at each of the client's entities (contacts, discussion, synergies, management of cross-functional topics/files, consolidation of contributions, etc.) and supports the deployment of cross-functional projects that affect the client's Group.

Responsibilities:

Identification and assessment of nonconformity risks:

• Participate in writing and updating professional and ethical standards applicable to the group
• Establish a nonconformity risk map and ensure it is updated and controlled
• Respond to requests for information and surveys from the regulator and/or Financial

Intelligence Unit (FIU):

• Assist and support the Compliance departments at international branches/subsidiaries with the deployment of the compliance mechanism prescribed by the Group
• Participate in cross-functional projects that affect the entire Group and fall within the scope of Compliance Control
• Perform verifications under the Compliance control plan
• Detect and analyse anomalies and monitor their resolution
• Handle the reporting of malfunctions inherent to compliance
• Participate in due diligence activities carried out by clients and in calls for tender, when consulted internally
• Participate in developing the tools needed to perform compliance controls
• Suggest improvements to the Compliance control mechanism
• Follow up on the recommendations issued by General Inspectorates regarding nonconformity
• Risks identified and assigned to the local Compliance department
• Participate in decision-making and reporting committees

Reporting:

• Design or participate in designing the dashboards and/or indicators necessary to his/her activity (at local or Group consolidated levels)
• Produce activity reports for his/her line managers (at local or Group consolidated levels)
• Participate in drawing up reports for regulatory authorities and shareholders (at local or Group consolidated levels)

Activities which may require advanced expertise:

• Impact assessment
• Assess the impacts on the entity of rules in force and monitor their implementation

Control:

• Organise and perform recurring verifications (second line of defence) aimed at ensuring
• compliance with regulations and internal standards

Training and support:

• Sensitise and support new arrivals at the Compliance Department
• Participate in designing or coordinating training actions for operational and commercial business teams

Business line reference:

• Be the point of reference for Compliance Officers for certain tasks assigned to them
• Issue technical opinions and advice in response to requests from operational business teams

Department representation:

• Represent the Compliance Department in various decision-making committees

Skills and qualifications :

• Be familiar with regulations in the activity sector, monitor them and be capable of implementing them
• Ability to analyse, summarise and anticipate
• Autonomy/proactiveness
• Diligence
• Project management methodology
• Being organised/methodical
• Good interpersonal skills