Compliance Analyst - Contract

La Banque HomeEquity

Banque canadienne à charte de l’annexe I, la Banque HomeEquity est le plus important fournisseur d’hypothèques inversées au pays et son portefeuille de prêts est en croissance. Étant la seule institution financière à se consacrer uniquement aux propriétaires de 55 ans et plus, la Banque HomeEquity a à cœur d’aider les propriétaires canadiens à vivre leur retraite comme ils le souhaitent. Nous tenons cette promesse tous les jours grâce à nos solutions d’hypothèque inversée, dont notre produit phare, l’Hypothèque inversée CHIP^MC.

Nos valeurs, notre passion

À la Banque HomeEquity, ce sont nos valeurs qui orientent et inspirent nos actions auprès de nos clients, de nos partenaires et entre nous.

Nous sommes d’ardents défenseurs au service de nos clients.

Nous avons le courage d’agir et de faire ce qui est juste.

Nous formons une équipe, nous avons une même vision.

Nous voyons loin et nous sommes en constante évolution.

POSITION SUMMARY:

Reporting to the Director, Compliance, the Compliance Analyst will provide support in the implementation of HomeEquity Bank’s Regulatory Compliance Management (“RCM”) Program. The Compliance Analyst will assist in the performance of risk and control assessments and control testing.

This position requires a detailed-oriented person with excellent administrative, organizational, verbal and communication skills. This person must have the ability to independently prioritize and multi-task with minimal supervision. They must display a high degree of professionalism and work cohesively in a team environment to contribute to the success of a very strong organization.

The successful candidate will have the unique opportunity to enhance their knowledge of regulations that govern the banking industry and develop their regulatory compliance risk management skills through exposure to various areas of the business. The Compliance Analyst will be required to develop a deep understanding of regulatory requirements, businesses, and the Enterprise Risk Management Frameworks and associated programs to effectively conduct testing. Successful candidates must demonstrate strong critical thinking, judgement, and analysis skills.

MAJOR ELEMENTS OF THE ROLE:

• Support the execution of the RCM risk and control assessments performed by the business units
• Review the risk and control assessments performed by the business units to ensure they are complete and address regulatory requirements
• Provide support in the planning and development of test strategies for compliance with various regulatory requirements
• Develop detailed test plans and execute control effectiveness testing for compliance with regulatory requirements
• Prepare reports on the results of control testing and collaborate with business partners to develop appropriate action plans to address identified issues
• Identify, assess, effectively challenge, and oversee the satisfactory resolutions of issues, including adequate management of remediation plans and validation
• Assist in the promotion of regulatory compliance risk awareness within the bank, identify regulatory compliance training opportunities and help coordinate the development of training programs
• Assist in the compliance risk assessments for new projects and initiatives to ensure continued compliance with regulatory requirements and alignment with the Board’s appetite for regulatory compliance risk as outlined in the Bank’s Risk Appetite Framework
• Research regulations by reviewing regulatory bulletins, industry compliance trends, regulatory updates and other sources of information and assess their impact to the Bank
• Provide active and direct support to resolve outstanding audit and regulatory issues and respond to ad-hoc Senior Management and regulatory requests
• Maintain compliance KRIs and other compliance logs
• Assist in the monitoring the timely submissions of required regulatory filings and reporting

SKILLS AND EXPERIENCE REQUIRED:

Qualifications:

• Post-secondary education with at least 3 years of experience in Compliance, Risk Management and/or Internal Audit in a regulated Canadian financial services organization
• Prior experience in control testing and/or auditing and reporting will be an asset
• Working knowledge of the Bank Act, OSFI and FCAC Guidelines, Privacy, and other legislation relevant to the Bank
• Proficient with MS Office applications (Word, Excel, PowerPoint)

Attributes:

• Experience with GRC software solutions, such as Resolver will be an asset
• Effective organizational and time management skills with the ability to manage multiple and changing priorities with minimal supervision
• A positive attitude, a desire to learn, and a willingness to persevere to get work done, either independently or as part of a team
• Strong attention to detail and accuracy with the ability to analyze and interpret information
• Excellent verbal and written communication skills, including experience in preparing and presenting reports to various levels of management
• Strong interpersonal and conflict resolution skills and strong judgement to escalate with appropriate stakeholders.

Working Conditions Unique to Job:

• Hybrid working environment